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Global Hotel and Hospitality Management Software Market to Grow by $1.17 Billion by 2023-2027 - ResearchAndMarkets.com

Global Hotel and Hospitality Management Software Market to Grow by $1.17 Billion by 2023-2027 - ResearchAndMarkets.com

By AP News
Published - Nov 22, 2022, 05:45 AM ET
Last Updated - Jun 23, 2023, 11:56 AM EDT

DUBLIN--(BUSINESS WIRE)--Nov 22, 2022--

The "Global Hotel and Hospitality Management Software Market 2023-2027" report has been added to ResearchAndMarkets.com's offering.

The hotel and hospitality management software market is poised to grow by $1176.2 mn during 2023-2027, accelerating at a CAGR of 6.59% during the forecast period. The report on the hotel and hospitality management software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by reduction in overall operational costs, increasing requirement for large-scale client management, and rising demand for mobility.

The hotel and hospitality management software market is segmented as below:

By Deployment

  • Cloud-based
  • On-premise

By Application

  • Business hotels
  • Heritage and boutique hotels
  • Resorts and spas

By Geographical Landscape

  • Europe
  • APAC
  • North America
  • Middle East and Africa
  • South America

This study identifies the rise in cloud integration as one of the prime reasons driving the hotel and hospitality management software market growth during the next few years. Also, increasing demand for social interaction and growing adoption by small-scale hotel and hospitality providers will lead to sizable demand in the market.

The report on the hotel and hospitality management software market covers the following areas:

  • Hotel and hospitality management software market sizing
  • Hotel and hospitality management software market forecast
  • Hotel and hospitality management software market industry analysis

Key Topics Covered:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Deployment

7 Market Segmentation by Application

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

Companies Mentioned

  • 360 Mango Solutions Pvt. Ltd.
  • Amadeus IT Group SA
  • Ciirus Inc.
  • Cisco Systems Inc.
  • Cloudbeds
  • Guestline Ltd.
  • Honeywell International Inc.
  • Infor Inc.
  • Johnson Controls International Plc
  • Microsoft Corp.
  • NEC Corp.
  • Oracle Corp.
  • Sabre Corp.
  • Sage Group Plc
  • Salesforce.com Inc.
  • Schneider Electric SE
  • Siemens AG
  • SkyTouch Solutions LLC
  • StayNTouch Inc.
  • Workday Inc.

For more information about this report visit https://www.researchandmarkets.com/r/whcgi9

View source version on businesswire.com:https://www.businesswire.com/news/home/20221122005393/en/

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KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE

SOURCE: Research and Markets

Copyright Business Wire 2022.

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