• Register
  • Login
  • About Us
  • Contact Us
Sunday, January 29, 2023
Kuwait 247 News Club
No Result
View All Result
SUBMIT NEWS
  • HOME
  • BUSINESS
  • ENTERTAINMENT
  • FASHION
  • FOOD
  • HEALTH
  • LIFESTYLE
  • SPORTS
  • TRAVEL
  • AFRICA
  • MIDDLE EAST
  • PRESS RELEASES
  • HOME
  • BUSINESS
  • ENTERTAINMENT
  • FASHION
  • FOOD
  • HEALTH
  • LIFESTYLE
  • SPORTS
  • TRAVEL
  • AFRICA
  • MIDDLE EAST
  • PRESS RELEASES
No Result
View All Result
Kuwait 247 News Club
Submit News
Home PRESS RELEASES

Smart Hospitality Market worth $49.9 billion by 2027 — Exclusive Report by MarketsandMarkets™

NEWSROOM by NEWSROOM
November 10, 2022
in PRESS RELEASES
Share on FacebookShare on Twitter


(EMAILWIRE.COM, November 10, 2022 ) According to a research report “Smart Hospitality Market by Offering (Solutions, Services), Solution (Property Management System, Network Management System, Integrated Security Management System), Deployment Mode, End User and Region — Global Forecast to 2027”, published by MarketsandMarkets™, the global Smart Hospitality Market size is expected to grow from USD 13.6 billion in 2022 to USD 49.9 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 29.8% during the forecast period.

Browse in-depth TOC on “Smart Hospitality Market”
159 — Tables
39 — Figures
163 — Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=93242156

By offering the services segment to have the highest growth rate during the forecast period

The services segment is expected to have a higher growth rate during the forecast period. The smart hospitality market, by service, is segmented into professional services and managed services. The services segment is expected to witness fast growth in the future. The rise in the number of smart hotels is driving software and services used for integration, maintenance, and training will drive the growth of smart hospitality services in the market.

By end-user, the hotels segment to have the highest market share during the forecast period

The hotels segment is expected to have the highest market share during the forecast period. The hotel type is segmented into four categories: commercial, heritage & boutique hotels, resorts & spas, and other hotel types. The need to provide smart guest experience using smart hospitality solutions and services in the hotels will drive the segment during the forecast period. Also, the increasing standard of living, the number of luxury hotels, and a notable enhancement in the guest service will drive the market.

Request Free Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=93242156

Europe region to account for highest market share in smart hospitality market

Europe is one of the prominent regions the smart hospitality market. The relatively robust internet infrastructure, openness to new technology, and presence of a strong domestic cloud provider have all contributed to the growth of the smart hospitality market. The European market for Internet of Things (IoT) solutions is growing. Germany, the United Kingdom, France, Italy, Spain, and the Netherlands are leading European IoT adoption. The hospitality sector in Europe is undertaken strong efforts to raise resource efficiency and reduce its greenhouse gas emissions. The government’s modern industrial strategy sets out a long-term plan to boost the productivity and to earn the power of people throughout the region.

Speak to our Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=93242156

Market Players

Key and innovative vendors in the smart hospitality market are NEC (Japan), Huawei ( China), Schneider Electric (France), Cisco (US), IBM (US), Honeywell (US), Legrand (France), Siemens AG (Germany), Oracle (US), Johnson Controls (Ireland), Samsung (South Korea), Infor (US), Leviton (US), Sabre (US), Springler-Miller Systems (US), Control4 (US), Global Business Solutions (Saudi Arabia), Wisuite (US), Qualsoft Systems (India), Hospitality Network (US), Guestline (UK), Cloudbeds (US), Frontdesk Anywhere (US), Chris Lewis Group (UK), Xie Zhu (China), BuildingIQ (US), Stayntouch (US)

Browse Adjacent Markets: Digitalization and Internet of Things (IoT) Market Research Reports & Consulting

IoT in Smart Cities Market by Offering, Solution (Remote Monitoring, Network Management, and Reporting and Analytics), Service, Application (Smart Transportation, Smart Building, and Smart Utilities) and Region — Global Forecast to 2026

Smart Buildings Market by Component (Solution (Safety and Security Management, Building Infrastructure Management, Network Management, and IWMS) and Services), Building Type (Residential, Commercial, and Industrial), and Region (2022–2026)

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model — GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1–888–600–6441
Email: Sales@marketsandmarkets.com
Content Source: https://www.prnewswire.com/news-releases/smart-hospitality-market-worth-49-9-billion-by-2027–exclusive-report-by-marketsandmarkets-301576826.html



Source link

Previous Post

Hip Replacement Market Competitive Landscape And Opportunities 2022-28

Next Post

Drinks at Egypt climate talks now free, jailed activist not

Related News

Recreation Club Market is expected to grow at a CAGR of 6.8 percent during the forecast period.

Recreation Club Market is expected to grow at a CAGR of 6.8 percent during the forecast period.

by NEWSROOM
January 28, 2023

 Recreation Club Market(EMAILWIRE.COM, January 28, 2023 ) The Maximize Market report states, the global Recreation Club Market is expected to...

UV Tape Market is expected to grow at a CAGR of 7.4 percent during the forecast period

UV Tape Market is expected to grow at a CAGR of 7.4 percent during the forecast period

by NEWSROOM
January 28, 2023

 UV Tape Market(EMAILWIRE.COM, January 28, 2023 ) As per the Maximize Market research, a global business and consultancy firm, the...

CO2 Gas Sensor Market is expected to grow at a CAGR of 9.2 percent during the forecast period.

CO2 Gas Sensor Market is expected to grow at a CAGR of 9.2 percent during the forecast period.

by NEWSROOM
January 28, 2023

 CO2 Gas Sensor Market(EMAILWIRE.COM, January 28, 2023 ) As per the Maximize Market research, a global business and consultancy firm,...

NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

by NEWSROOM
January 27, 2023

 Hajiya Nana Aisha Gambo during Outreach at Hausa Quarters in Warri Delta State(EMAILWIRE.COM, January 27, 2023 ) ABUJA, NIGERIA -...

Next Post

Drinks at Egypt climate talks now free, jailed activist not

طرح شاحنات دونج فينج KL وKR الجديدة كليًا في فيتنام، لتبدأ رحلتها عبر الأسواق العالمية

طرح شاحنات دونج فينج KL وKR الجديدة كليًا في فيتنام، لتبدأ رحلتها عبر الأسواق العالمية

Trending News

OmanNews.Club™ Adds to Arab Newswire Media Lists for Press Release Distribution to GCC/MENA Countries

OmanNews.Club™ Adds to Arab Newswire Media Lists for Press Release Distribution to GCC/MENA Countries

August 14, 2022
ZainTech partners with LigaData to deliver data-driven digital services in MENA

ZainTech partners with LigaData to deliver data-driven digital services in MENA

June 16, 2022
MTN Cameroon implements new data analytics and AI solution powered by LigaData

MTN Cameroon implements new data analytics and AI solution powered by LigaData

July 6, 2022

About

Kuwait247.Club™ gathers and publishes business, cultural, socio-economic, Tech and industrial news on Egypt, Middle East and North Africa (MENA).

Press release distribution services:
We provide press release distribution to media in Egypt, the Arab world and the GCC/MENA regions. Submit a press release today or contact us.

Share Us

Category

BUSINESS
ENTERTAINMENT
FASHION
FOOD
HEALTH
LIFESTYLE

SPORTS
TRAVEL
AFRICA
MIDDLE EAST
PRESS RELEASES

Newsletter

    Recent News

    Recent Posts
    • UV Tape Market is expected to grow at a CAGR of 7.4 percent during the forecast period
    • CO2 Gas Sensor Market is expected to grow at a CAGR of 9.2 percent during the forecast period.
    • Recreation Club Market is expected to grow at a CAGR of 6.8 percent during the forecast period.
    • NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

    Kuwait247.Club™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC

    About Us / Contact Us / Submit News

    No Result
    View All Result
    • REGISTER
    • LOGIN
    • HOME
    • BUSINESS
    • ENTERTAINMENT
    • FASHION
    • FOOD
    • HEALTH
    • LIFESTYLE
    • SPORTS
    • TRAVEL
    • MIDDLE EAST
    • PRESS RELEASES
    • ABOUT US
      • CONTACT US

    Kuwait247.Club™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC