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Connected Hotel Systems and Solutions Market

Global Connected Hotel Systems and Solutions Market Share: By Hotel Type: Resorts and Spas, Custom and Boutique Hotels, Business Hotels, Others; By Offering; By Deployment Model; By Application; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape: Industry Events and Developments; 2024-2032

Global Connected Hotel Systems and Solutions Market Outlook

The global connected hotel systems and solutions market size is expected to grow in the forecast period of 2024-2032 at a CAGR of 25.0%.

 

connected hotel systems and solutions market

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Increasing Applications of Cloud-Based Hotel Management Software to Augment the Global Connected Hotel Systems and Solutions Industry

The heightened deployment of cloud-based hotel management software owing to the ease of access, flexibility, user-friendly features, seamless integration, and affordable prices, is driving the segment’s growth.

 

Cloud-based software provides enhanced data security which safeguards the information of guests, offering them greater privacy. This factor is adding the segment’s growth in the overall connected hotel systems and solutions market. The cloud-based hotel management solutions are fast and reduce the dependence on paperwork and documentation. Over the forecast period, the technological advancements in cloud-based software are likely to lead to the addition of high-tech features.

 

The Asia Pacific Region Occupies a Significant Share in the Market for Connected Hotel Systems and Solutions

The market in the Asia Pacific region is being driven by the rapid urbanisation, robust infiltration of tourists, and increasing disposable income. The rapid development of motels and resorts in emerging economies such as India and China are likely to offer lucrative opportunities to the market in the forecast period.

 

Moreover, the steady economic growth and rising per capita income are anticipated to favour the expansion of major hotel brands. The connected hotel systems and solutions market is also being favoured by the advanced digital infrastructure in the region. Coupled with high-speed internet, advanced digital infrastructure is likely to lead to enhanced operational efficiency of connected hotel systems and solutions.

 

Market Segmentation

 

connected hotel systems and solutions market by segments

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Connected hotel systems and solutions are a part of hospitality businesses and are applied to facilitate various hotel operations and routine activities to bolster the comfort of the guests. Connected hotel systems and solutions allow the hotel staff to coordinate and communicate quickly without any barrier in order to take care of the security and operations of a hotel.

 

Based on hotel type, the market can be segmented into:

  • Resorts and Spas
  • Custom and Boutique Hotels
  • Business Hotels
  • Others

 

By offering, the connected hotel systems and solutions market has been bifurcated into:

  • Services
  • Solutions

 

On the basis of deployment model, the market has been divided into:

  • Cloud based Services
  • On-Premises

 

The significant applications upon which the market is categorised are:

  • Communication and Technology
  • Security
  • Guest Service Management
  • Operation Management
  • Hotel Building and Rooms Automation
  • Others

 

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

connected hotel systems and solutions market by region

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Increasing Automation and Artificial Intelligence (AI) Penetration to Bolster the Connected Hotel Systems and Solutions Industry

The rapid automation and increasing penetration of artificial intelligence (AI) and blockchain technology in hospitality services are leading to a heightened deployment of connected hotel systems and solutions. They are deployed in hotels, resorts, inn, and motels, among others, driving the market growth.

 

Across the forecast period, the anticipated increase in investments by hotel authorities to increase the efficiency of hotel task management, to bring clarity in guest communication, and to facilitate guest feedback. This is likely to accelerate the connected hotel systems and solutions market growth.

 

The growing travel and tourism industry in the emerging economies is anticipated to further propel the demand for connected hotel systems and solutions. This is designed to streamline the teamwork of hotel management staff to bolster the comfort of tourists and to lend greater visibility of the hotel system for enhanced reliability. Furthermore, the increasing adoption of smartphones, laptops, and tablets is anticipated to enable the guests to achieve faster bookings without any hassle.

 

Key Players in the Global Market for Connected Hotel Systems and Solutions

The report gives a detailed analysis of the following key players in the global connected hotel systems and solutions market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

 

  • Honeywell International Inc.
  • Cisco Systems, Inc.
  • Panasonic Connect Co., Ltd.
  • Siemens AG
  • protel hotelsoftware GmbH
  • Others

 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Hotel Type
  • Offering
  • Deployment Model
  • Application
  • Region
Breakup by Hotel Type
  • Resorts and Spas
  • Custom and Boutique Hotels
  • Business Hotels
  • Others
Breakup by Offering
  • Services
  • Solutions
Breakup by Deployment Model
  • Cloud based Services
  • On-Premises
Breakup by Application
  • Communication and Technology
  • Security
  • Guest Service Management
  • Hotel Building and Rooms Automation
  • Operation Management
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Honeywell International Inc.
  • Cisco Systems, Inc.
  • Panasonic Connect Co., Ltd.
  • Siemens AG
  • protel hotelsoftware GmbH
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Connected Hotel Systems and Solutions Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Connected Hotel Systems and Solutions Historical Market (2018-2023) 
    8.3    Global Connected Hotel Systems and Solutions Market Forecast (2024-2032)
    8.4    Global Connected Hotel Systems and Solutions Market by Hotel Type
        8.4.1    Resorts and Spas
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Custom and Boutique Hotels
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Business Hotels
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Others
    8.5    Global Connected Hotel Systems and Solutions Market by Offering
        8.5.1    Services
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Solutions
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Connected Hotel Systems and Solutions Market by Deployment Model
        8.6.1    Cloud based Services
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    On-Premises
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
    8.7    Global Connected Hotel Systems and Solutions Market by Application
        8.7.1    Communication and Technology
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Security
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Guest Service Management
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Hotel Building and Rooms Automation
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Operation Management
            8.7.5.1    Historical Trend (2018-2023)
            8.7.5.2    Forecast Trend (2024-2032)
        8.7.6    Others
    8.8    Global Connected Hotel Systems and Solutions Market by Region
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2023) 
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2023) 
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2023) 
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2023) 
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2023) 
            8.8.5.2    Forecast Trend (2024-2032)
9    North America Connected Hotel Systems and Solutions Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Connected Hotel Systems and Solutions Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Connected Hotel Systems and Solutions Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Connected Hotel Systems and Solutions Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Connected Hotel Systems and Solutions Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Honeywell International Inc.
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Cisco Systems, Inc.
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Panasonic Connect Co., Ltd.
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Siemens AG
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    protel hotelsoftware GmbH
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Others
16    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Connected Hotel Systems and Solutions Market: Key Industry Highlights, 2018 and 2032
2.    Global Connected Hotel Systems and Solutions Historical Market: Breakup by Hotel Type (USD Million), 2018-2023
3.    Global Connected Hotel Systems and Solutions Market Forecast: Breakup by Hotel Type (USD Million), 2024-2032
4.    Global Connected Hotel Systems and Solutions Historical Market: Breakup by Deployment (USD Million), 2018-2023
5.    Global Connected Hotel Systems and Solutions Market Forecast: Breakup by Deployment (USD Million), 2024-2032
6.    Global Connected Hotel Systems and Solutions Historical Market: Breakup by Application (USD Million), 2018-2023
7.    Global Connected Hotel Systems and Solutions Market Forecast: Breakup by Application (USD Million), 2024-2032
8.    Global Connected Hotel Systems and Solutions Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Connected Hotel Systems and Solutions Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Connected Hotel Systems and Solutions Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Connected Hotel Systems and Solutions Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Connected Hotel Systems and Solutions Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Connected Hotel Systems and Solutions Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Connected Hotel Systems and Solutions Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Connected Hotel Systems and Solutions Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Connected Hotel Systems and Solutions Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Connected Hotel Systems and Solutions Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Connected Hotel Systems and Solutions Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Connected Hotel Systems and Solutions Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Global Connected Hotel Systems and Solutions Market Structure

Key Questions Answered in the Report

What is the growth rate of the global connected hotel systems and solutions market?

The global market size is estimated to grow at a CAGR of 25.0% between 2024 and 2032.

What is the forecast outlook of the connected hotel systems and solutions market for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032.

What are the major drivers affecting the connected hotel systems and solutions market?

The major drivers of the market include the increasing penetration of AI, blockchain and cloud-based technology in hotels, increasing need for automation to enhance the hotel task operations, and rapid urbanisation.

What are the major regional markets for connected hotel systems and solutions, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the key industry trends impacting the global market?

The technological advancements in the hospitality sector across the emerging economies are likely to be the key trends in the market.

What are the different segments based on hotel type?

Resorts and spas, business hotels, and custom and boutique hotels, among others are the different segments based on hotel type.

What is the market segmentation based on offering?

Services and solutions are the segmentation of market based on offering.

What is the market bifurcation based on deployment model?

Cloud based services and on-premises is the market bifurcation based on deployment model.

What are the significant applications included in the market report?

Communication and technology, security, hotel building and rooms automation, guest service management, and operation management, among others are the significant applications included in the market report.

Who are the key industry players, according to the report?

The major players in the industry are Honeywell International Inc., Cisco Systems, Inc., Panasonic Connect Co., Ltd., Siemens AG, and protel hotelsoftware GmbH, among others.

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