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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%.
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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 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.
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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:
By offering, the connected hotel systems and solutions market has been bifurcated into:
On the basis of deployment model, the market has been divided into:
The significant applications upon which the market is categorised are:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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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.
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:
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.
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:
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Breakup by Hotel Type |
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Breakup by Offering |
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Breakup by Deployment Model |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*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
The global market size is estimated to grow at a CAGR of 25.0% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032.
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.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The technological advancements in the hospitality sector across the emerging economies are likely to be the key trends in the market.
Resorts and spas, business hotels, and custom and boutique hotels, among others are the different segments based on hotel type.
Services and solutions are the segmentation of market based on offering.
Cloud based services and on-premises is the market bifurcation based on deployment model.
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.
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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