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Smart Hospitality Market To Reach USD 44.38 Billion By 2026

The global smart hospitality market is forecast to reach USD 44.38 Billion by 2026, according to a new report by Reports and Data.

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Smart Hospitality Market To Reach USD 44.38 Billion By 2026

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  1. Smart Hospitality Market To Reach USD 44.38 Billion By 2026 www.reportsanddata.com

  2. Market Summary Market Size – USD 7.76 Billion in 2018, Market Growth - CAGR of 24.3%, Market Trends – The rising demand for Real-Time Optimized Guest Experience Management. The global smart hospitality market is forecast to reach USD 44.38 Billion by 2026, according to a new report by Reports and Data. Automation has been a topic of much interest in the hospitality industry over the past few years. Automation solutions can enhance the in-room experience of hotel guests and improve the energy and operational efficiency of the hotel, which will, in turn, be beneficial for the brand loyalty. The automation system in these hotels not only provides luxurious guest experience, but it is also helpful for operational activities like energy savings, centralized management, and asset maintenance, among others. Further key findings from the report suggest • The smart hospitality market held a market share of USD 7.76 Billion in the year 2018 and is forecasted to witness a CAGR of 24.3% during the forecast period. • In regards to Service, the Professional Services segment generated a higher revenue of USD 5.05 Billion in 2018, with a CAGR of 23.8% during the forecast period. Smart hospitality being a comparatively new market in some regions, particularly in different Asia Pacific nations, resulted in increased demand for system deployment & integration services, consulting services, support & maintenance services in these regions, and contributes to the revenue generated by the Professional Services segment. www.reportsanddata.com

  3. Market Summary Key Players: Key participants Huawei Technologies Co.Ltd, NEC Corporation, IBM Corporation, Siemens AG, Schneider Electric Se, Honeywell International, Inc., Johnson Controls, Oracle Corporation, Winhotel Solution S.L., and Infor, Inc. Segmentation: Service Type Outlook (Revenue, USD Billion; 2020-2026) Managed Services Professional Services Software Type Outlook (Revenue, USD Billion; 2020-2026) Integrated Security System Hotel Operation Management System Hotel Building Automation System Integrated Communication Technology Solutions Guest Service Management System To look at the PDF Sample Report and get 30 minutes of a free consultation @ https://www.reportsanddata.com/sample-enquiry-form/2203

  4. Market Summary Regional Outlook for Assessment Services Market analyses the following geographies:  North America (United States, Canada, and Mexico)  Europe (Germany, France, UK, Russia, and Italy)  Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)  South America (Brazil, Argentina, Colombia, etc.)  Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Grab Your Report at an Impressive Discount! Please Click Here @ https://www.reportsanddata.com/discount-enquiry-form/2203 www.reportsanddata.com

  5. The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com

  6. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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