Insights into the Industry
The smart hospitality system industry has been witnessing optimal growth in recent years and is likely to continue even in upcoming years. The growth of smart hospitality system ’s industry size can be attributed to rising investments in research & development activities, entry of new players, product innovation, technological breakthroughs, effective allocation of resources, and growing competition among business rivals to expand its regional as well as customer base. Supportive government policies and incentives, as well as favorable laws, are projected to determine the growth of the smart hospitality system market in foreseeable future. An increase in the spending capacity of customers with the rise in disposable income will further contribute towards smart hospitality system 's market proceeds.
This market research report is a comprehensive overview of the events taking place in the smart hospitality system industry and impacting its growth. Our report divides the smart hospitality system market into various segments or categories based on products, applications, region, etc. Additionally, our research analysts have listed the key players of the global smart hospitality system market and compared them based on metrics such as market revenue, Y-O-Y sales, shipments volume, historical data, and successful implementation of business strategies such as strategic alliances, mergers & acquisitions, joint ventures, product development, and partnerships & collaborations.
Market Research Store (MRS) published a brand new report titled “Smart Hospitality System Market research report which is segmented by Products (Hotel Operation Management System, Integrated Security System, Hotel Building Automation System), by Applications (Business Hotels, Heritage and Boutique Hotels, Resorts and Spas), by Key Players/Companies Infor Inc., Mitel Networks Corporation, NEC Corporation, Huawei Technologies Co.Ltd, Johnson Controls, Cisco Systems Inc., Buildingiq Inc., Honeywell International Inc., IBM Corporation, Control4”. In 2020, the global smart hospitality system market value was registered at XX (USD Million/Billion) and is predicted to reach XX (USD Million/Billion) at a CAGR of XX% by 2028.
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| Report Attributes | Report Details |
|---|---|
| Report Title | Smart Hospitality System Market Research Report |
| By Products | Hotel Operation Management System, Integrated Security System, Hotel Building Automation System |
| By Applications | Business Hotels, Heritage and Boutique Hotels, Resorts and Spas |
| By Key Players | Infor Inc., Mitel Networks Corporation, NEC Corporation, Huawei Technologies Co.Ltd, Johnson Controls, Cisco Systems Inc., Buildingiq Inc., Honeywell International Inc., IBM Corporation, Control4 |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East And Africa (MEA) |
| Countries Covered | North America : U.S and Canada Europe : U.K, Spain, Germany, Italy, Russia, France, Rest of Europe APAC : Japan, India, China, Australia, South Korea, South East Asia, Rest of Asia Pacific Latin America : Mexico, Brazil The Middle East And Africa : South Africa, UAE, Saudi Arab, Rest of MEA |
| Base Year | 2020 |
| Historical Year | 2016to 2020 (Depending on availability, data from 2010 can be offered) |
| Forecast Year | 2028 |
| Number of Pages | 104 |
| Customization Available | Yes, the report can be tailored to meet your specific requirements. |
Based on these findings, the global smart hospitality system industry study suggests strategies to existing market participants as to how they can improve & reinforce their market position. In addition to this, the study also recommends successful market penetrating strategies for new entrants. Furthermore, smart hospitality system industry study report has included all major manufacturers and distributors operating in the smart hospitality system market across all major regions.
Smart Hospitality System Market Strategic Analysis
Various analytical methods such as Porter’s Five Force Analysis, SWOT analysis, Market Share Analysis, Competitive Analysis, PESTEL Analysis, Market Attractiveness Analysis, and Value Chain Analysis have been used to analyze the market in the research report. These assessments help users of the report in examining and evaluating smart hospitality system market on the basis of different metrics such as switching costs, economies of scale, current sales, brand loyalty, brand equity, capital investments, production rights, research & development activities, copyrights & patents, legislations, effects of promotional activities, and consumer preferences.
The information provided in our market research report is anticipated to help the industry stakeholders in the effective decision-making process and successful business outcomes. Moreover, we have been using Ansoff Matrix to help firms analyze and plan their business growth strategies.
Additionally, our report contains a growth-share matrix that aids firms’ business decisions for prioritizing their myriad businesses. We have also included GE Nine Cell Matrix that is helpful in making strategic planning and can help firms in determining their position in the market along with analyzing their growth strategies.
Our researchers also make use of the perceptual map to demonstrate how to target consumers feel about a given brand and form perception about it. We have also included the Customer-Based Brand Equity (CBBE) Model for helping firms effectively position their brands.
Smart Hospitality System Market Key Trends Analysis
The key factors influencing the growth of the smart hospitality system market have been assessed in the report. Factors having a huge influence on market demand and restraining factors that impact the development of the market are both addressed rigorously & in-depth in our global market research report.
Furthermore, trends that play a key role in market’s growth are discussed comprehensively in the report. Moreover, a large number of qualitative factors or measurements are included in the report and this includes operating risks and major obstacles encountered by players in the industry.
Smart Hospitality System Market Key Segment Analysis
The report delivers a critical assessment on the smart hospitality system market by segmenting it based on Products, Applications, and region. All the segments and categories of the smart hospitality system market have been evaluated based on past, present and future trends and are key parameters determining & defining the growth of the market.
The data for the market and its segments and categories are provided from 2016 to 2028. The report has identified the key segments and categories contributing substantially towards overall market growth in terms of revenue & volume.
Based on Products, the global smart hospitality system market is segmented into Hotel Operation Management System, Integrated Security System, Hotel Building Automation System. Comprehensive qualitative and quantitative this segment analysis will be provided in the report from 2016 to 2028.
Based on Applications, market is divided into Business Hotels, Heritage and Boutique Hotels, Resorts and Spas. A slew of business growth opportunities and dynamics affecting the different segments are analyzed and discussed in the report.
Impact Assessment of COVID-19
The COVID-19 outbreak has wreaked havoc on worldwide economic and social systems. The disease has entered several industries' value and supply chains, including the smart hospitality system market. The government imposed lockdowns in various locations. We will examine the impact of the COVID-19 pandemic on the global market, looking at both demand and supply.
The COVID-19 pandemic's short- and long-term impacts would be explored to provide a summary. This would help build business plans for all market participants, including manufacturers, vendors, suppliers, distributors, and end-users, during and after the epidemic.
Smart Hospitality System Market Regional Trends and Market Player’s Analysis
On the basis of region, the market is segregated into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.
The major players holding a huge chunk of market share in the global smart hospitality system market and impacting market profitability are evaluated after considering their product & services revenue, sales, business plans, innovations, and growth rate. The final position of a player in the market depends on market events or market happenings, new product launches, mergers & acquisitions, benchmarking, regional expansions, and technical innovations.
For all the key stakeholders of the market, value chain and technology ecosystem, as well as the information provided in this market research report, will prove beneficial. The study offers an outline of the company’s market share and an extensive summary of the major players in the smart hospitality system market.
Some of the leading players profiled in the global smart hospitality system market are,
- Infor Inc.
- Mitel Networks Corporation
- NEC Corporation
- Huawei Technologies Co.Ltd
- Johnson Controls
- Cisco Systems Inc.
- Buildingiq Inc.
- Honeywell International Inc.
- IBM Corporation
- Control4
The Key Audiences for Smart Hospitality System Market Report
- Research Institutes & consulting firms
- Industry Leaders, as well as companies, aspiring to enter the smart hospitality system market
- Student and universities
- Solution Providers, product providers, service providers, and other players in the industry
- Associated private firms and government bodies
- Individuals interested to learn about market
The report segments of the global smart hospitality system market are as follows:
Global Smart Hospitality System Market: By Products
- Hotel Operation Management System
- Integrated Security System
- Hotel Building Automation System
Global Smart Hospitality System Market: By Applications
- Business Hotels
- Heritage and Boutique Hotels
- Resorts and Spas
The Most Important Research Methodologies
Primary sources include industry experts from management corporations, processing organizations, and analytical service providers who serve businesses across the sector's value chain. We interviewed key sources to acquire qualitative and quantitative data and analyse future prospects.
Primary research undertaken for this report comprised interviews with industry professionals such as CEOs, Vice Presidents, Marketing Directors and Technology Directors of strong core organizations and institutions in major smart hospitality system . We interviewed them to get qualitative and quantitative data.
The following are the justifications for purchasing the global Smart Hospitality System market report:
- Statistical data is well-referenced, and the source is a significant resource for directing interested companies.
- Market development trends and marketing channels that are cutting-edge are discussed.
- The feasibility and growth rate of the market as a whole over the foreseeable future are determined.
- The competitive landscape and demographic research provide a clear picture of the current state of the market on an international scale.
- A thorough examination of development policies and plans, manufacturing processes, and costing provides a more accurate picture of import/export consumption, supply and demand, pricing, revenue, and gross margins, among other things.
- Customization is possible based on the client's requirements.
Frequently Asked Questions
- Infor Inc.
- Mitel Networks Corporation
- NEC Corporation
- Huawei Technologies Co.Ltd
- Johnson Controls
- Cisco Systems Inc.
- Buildingiq Inc.
- Honeywell International Inc.
- IBM Corporation
- Control4
Which sectors are forecasted to occupied the highest share in the Smart Hospitality System business?
Table Of Content
Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Regulatory Scenario by Region/Country 1.4 Market Investment Scenario Strategic 1.5 Market Analysis by Type 1.5.1 Global Smart Hospitality System Market Share by Type (2020-2026) 1.5.2 Hotel Operation Management System 1.5.3 Integrated Security System 1.5.4 Hotel Building Automation System 1.6 Market by Application 1.6.1 Global Smart Hospitality System Market Share by Application (2020-2026) 1.6.2 Business Hotels 1.6.3 Heritage and Boutique Hotels 1.6.4 Resorts and Spas 1.7 Smart Hospitality System Industry Development Trends under COVID-19 Outbreak 1.7.1 Global COVID-19 Status Overview 1.7.2 Influence of COVID-19 Outbreak on Smart Hospitality System Industry Development 2. Global Market Growth Trends 2.1 Industry Trends 2.1.1 SWOT Analysis 2.1.2 Porter’s Five Forces Analysis 2.2 Potential Market and Growth Potential Analysis 2.3 Industry News and Policies by Regions 2.3.1 Industry News 2.3.2 Industry Policies 2.4 Industry Trends Under COVID-19 3 Value Chain of Smart Hospitality System Market 3.1 Value Chain Status 3.2 Smart Hospitality System Manufacturing Cost Structure Analysis 3.2.1 Production Process Analysis 3.2.2 Manufacturing Cost Structure of Smart Hospitality System 3.2.3 Labor Cost of Smart Hospitality System 3.2.3.1 Labor Cost of Smart Hospitality System Under COVID-19 3.3 Sales and Marketing Model Analysis 3.4 Downstream Major Customer Analysis (by Region) 3.5 Value Chain Status Under COVID-19 4 Players Profiles 4.1 Infor, Inc. 4.1.1 Infor, Inc. Basic Information 4.1.2 Smart Hospitality System Product Profiles, Application and Specification 4.1.3 Infor, Inc. Smart Hospitality System Market Performance (2015-2020) 4.1.4 Infor, Inc. Business Overview 4.2 Mitel Networks Corporation 4.2.1 Mitel Networks Corporation Basic Information 4.2.2 Smart Hospitality System Product Profiles, Application and Specification 4.2.3 Mitel Networks Corporation Smart Hospitality System Market Performance (2015-2020) 4.2.4 Mitel Networks Corporation Business Overview 4.3 NEC Corporation 4.3.1 NEC Corporation Basic Information 4.3.2 Smart Hospitality System Product Profiles, Application and Specification 4.3.3 NEC Corporation Smart Hospitality System Market Performance (2015-2020) 4.3.4 NEC Corporation Business Overview 4.4 Huawei Technologies Co.Ltd 4.4.1 Huawei Technologies Co.Ltd Basic Information 4.4.2 Smart Hospitality System Product Profiles, Application and Specification 4.4.3 Huawei Technologies Co.Ltd Smart Hospitality System Market Performance (2015-2020) 4.4.4 Huawei Technologies Co.Ltd Business Overview 4.5 Johnson Controls 4.5.1 Johnson Controls Basic Information 4.5.2 Smart Hospitality System Product Profiles, Application and Specification 4.5.3 Johnson Controls Smart Hospitality System Market Performance (2015-2020) 4.5.4 Johnson Controls Business Overview 4.6 Cisco Systems, Inc. 4.6.1 Cisco Systems, Inc. Basic Information 4.6.2 Smart Hospitality System Product Profiles, Application and Specification 4.6.3 Cisco Systems, Inc. Smart Hospitality System Market Performance (2015-2020) 4.6.4 Cisco Systems, Inc. Business Overview 4.7 Buildingiq Inc. 4.7.1 Buildingiq Inc. Basic Information 4.7.2 Smart Hospitality System Product Profiles, Application and Specification 4.7.3 Buildingiq Inc. Smart Hospitality System Market Performance (2015-2020) 4.7.4 Buildingiq Inc. Business Overview 4.8 Honeywell International, Inc. 4.8.1 Honeywell International, Inc. Basic Information 4.8.2 Smart Hospitality System Product Profiles, Application and Specification 4.8.3 Honeywell International, Inc. Smart Hospitality System Market Performance (2015-2020) 4.8.4 Honeywell International, Inc. Business Overview 4.9 IBM Corporation 4.9.1 IBM Corporation Basic Information 4.9.2 Smart Hospitality System Product Profiles, Application and Specification 4.9.3 IBM Corporation Smart Hospitality System Market Performance (2015-2020) 4.9.4 IBM Corporation Business Overview 4.10 Control4 4.10.1 Control4 Basic Information 4.10.2 Smart Hospitality System Product Profiles, Application and Specification 4.10.3 Control4 Smart Hospitality System Market Performance (2015-2020) 4.10.4 Control4 Business Overview 5 Global Smart Hospitality System Market Analysis by Regions 5.1 Global Smart Hospitality System Sales, Revenue and Market Share by Regions 5.1.1 Global Smart Hospitality System Sales by Regions (2015-2020) 5.1.2 Global Smart Hospitality System Revenue by Regions (2015-2020) 5.2 North America Smart Hospitality System Sales and Growth Rate (2015-2020) 5.3 Europe Smart Hospitality System Sales and Growth Rate (2015-2020) 5.4 Asia-Pacific Smart Hospitality System Sales and Growth Rate (2015-2020) 5.5 Middle East and Africa Smart Hospitality System Sales and Growth Rate (2015-2020) 5.6 South America Smart Hospitality System Sales and Growth Rate (2015-2020) 6 North America Smart Hospitality System Market Analysis by Countries 6.1 North America Smart Hospitality System Sales, Revenue and Market Share by Countries 6.1.1 North America Smart Hospitality System Sales by Countries (2015-2020) 6.1.2 North America Smart Hospitality System Revenue by Countries (2015-2020) 6.1.3 North America Smart Hospitality System Market Under COVID-19 6.2 United States Smart Hospitality System Sales and Growth Rate (2015-2020) 6.2.1 United States Smart Hospitality System Market Under COVID-19 6.3 Canada Smart Hospitality System Sales and Growth Rate (2015-2020) 6.4 Mexico Smart Hospitality System Sales and Growth Rate (2015-2020) 7 Europe Smart Hospitality System Market Analysis by Countries 7.1 Europe Smart Hospitality System Sales, Revenue and Market Share by Countries 7.1.1 Europe Smart Hospitality System Sales by Countries (2015-2020) 7.1.2 Europe Smart Hospitality System Revenue by Countries (2015-2020) 7.1.3 Europe Smart Hospitality System Market Under COVID-19 7.2 Germany Smart Hospitality System Sales and Growth Rate (2015-2020) 7.2.1 Germany Smart Hospitality System Market Under COVID-19 7.3 UK Smart Hospitality System Sales and Growth Rate (2015-2020) 7.3.1 UK Smart Hospitality System Market Under COVID-19 7.4 France Smart Hospitality System Sales and Growth Rate (2015-2020) 7.4.1 France Smart Hospitality System Market Under COVID-19 7.5 Italy Smart Hospitality System Sales and Growth Rate (2015-2020) 7.5.1 Italy Smart Hospitality System Market Under COVID-19 7.6 Spain Smart Hospitality System Sales and Growth Rate (2015-2020) 7.6.1 Spain Smart Hospitality System Market Under COVID-19 7.7 Russia Smart Hospitality System Sales and Growth Rate (2015-2020) 7.7.1 Russia Smart Hospitality System Market Under COVID-19 8 Asia-Pacific Smart Hospitality System Market Analysis by Countries 8.1 Asia-Pacific Smart Hospitality System Sales, Revenue and Market Share by Countries 8.1.1 Asia-Pacific Smart Hospitality System Sales by Countries (2015-2020) 8.1.2 Asia-Pacific Smart Hospitality System Revenue by Countries (2015-2020) 8.1.3 Asia-Pacific Smart Hospitality System Market Under COVID-19 8.2 China Smart Hospitality System Sales and Growth Rate (2015-2020) 8.2.1 China Smart Hospitality System Market Under COVID-19 8.3 Japan Smart Hospitality System Sales and Growth Rate (2015-2020) 8.3.1 Japan Smart Hospitality System Market Under COVID-19 8.4 South Korea Smart Hospitality System Sales and Growth Rate (2015-2020) 8.4.1 South Korea Smart Hospitality System Market Under COVID-19 8.5 Australia Smart Hospitality System Sales and Growth Rate (2015-2020) 8.6 India Smart Hospitality System Sales and Growth Rate (2015-2020) 8.6.1 India Smart Hospitality System Market Under COVID-19 8.7 Southeast Asia Smart Hospitality System Sales and Growth Rate (2015-2020) 8.7.1 Southeast Asia Smart Hospitality System Market Under COVID-19 9 Middle East and Africa Smart Hospitality System Market Analysis by Countries 9.1 Middle East and Africa Smart Hospitality System Sales, Revenue and Market Share by Countries 9.1.1 Middle East and Africa Smart Hospitality System Sales by Countries (2015-2020) 9.1.2 Middle East and Africa Smart Hospitality System Revenue by Countries (2015-2020) 9.1.3 Middle East and Africa Smart Hospitality System Market Under COVID-19 9.2 Saudi Arabia Smart Hospitality System Sales and Growth Rate (2015-2020) 9.3 UAE Smart Hospitality System Sales and Growth Rate (2015-2020) 9.4 Egypt Smart Hospitality System Sales and Growth Rate (2015-2020) 9.5 Nigeria Smart Hospitality System Sales and Growth Rate (2015-2020) 9.6 South Africa Smart Hospitality System Sales and Growth Rate (2015-2020) 10 South America Smart Hospitality System Market Analysis by Countries 10.1 South America Smart Hospitality System Sales, Revenue and Market Share by Countries 10.1.1 South America Smart Hospitality System Sales by Countries (2015-2020) 10.1.2 South America Smart Hospitality System Revenue by Countries (2015-2020) 10.1.3 South America Smart Hospitality System Market Under COVID-19 10.2 Brazil Smart Hospitality System Sales and Growth Rate (2015-2020) 10.2.1 Brazil Smart Hospitality System Market Under COVID-19 10.3 Argentina Smart Hospitality System Sales and Growth Rate (2015-2020) 10.4 Columbia Smart Hospitality System Sales and Growth Rate (2015-2020) 10.5 Chile Smart Hospitality System Sales and Growth Rate (2015-2020) 11 Global Smart Hospitality System Market Segment by Types 11.1 Global Smart Hospitality System Sales, Revenue and Market Share by Types (2015-2020) 11.1.1 Global Smart Hospitality System Sales and Market Share by Types (2015-2020) 11.1.2 Global Smart Hospitality System Revenue and Market Share by Types (2015-2020) 11.2 Hotel Operation Management System Sales and Price (2015-2020) 11.3 Integrated Security System Sales and Price (2015-2020) 11.4 Hotel Building Automation System Sales and Price (2015-2020) 12 Global Smart Hospitality System Market Segment by Applications 12.1 Global Smart Hospitality System Sales, Revenue and Market Share by Applications (2015-2020) 12.1.1 Global Smart Hospitality System Sales and Market Share by Applications (2015-2020) 12.1.2 Global Smart Hospitality System Revenue and Market Share by Applications (2015-2020) 12.2 Business Hotels Sales, Revenue and Growth Rate (2015-2020) 12.3 Heritage and Boutique Hotels Sales, Revenue and Growth Rate (2015-2020) 12.4 Resorts and Spas Sales, Revenue and Growth Rate (2015-2020) 13 Smart Hospitality System Market Forecast by Regions (2020-2026) 13.1 Global Smart Hospitality System Sales, Revenue and Growth Rate (2020-2026) 13.2 Smart Hospitality System Market Forecast by Regions (2020-2026) 13.2.1 North America Smart Hospitality System Market Forecast (2020-2026) 13.2.2 Europe Smart Hospitality System Market Forecast (2020-2026) 13.2.3 Asia-Pacific Smart Hospitality System Market Forecast (2020-2026) 13.2.4 Middle East and Africa Smart Hospitality System Market Forecast (2020-2026) 13.2.5 South America Smart Hospitality System Market Forecast (2020-2026) 13.3 Smart Hospitality System Market Forecast by Types (2020-2026) 13.4 Smart Hospitality System Market Forecast by Applications (2020-2026) 13.5 Smart Hospitality System Market Forecast Under COVID-19 14 Appendix 14.1 Methodology 14.2 Research Data Source
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