The Europe Smart Hospitality Market would witness market growth of 27.7% CAGR during the forecast period (2022-2028).
People in the hospitality sector have gone even farther by integrating wall maps to the internet, enabling guests to obtain details and reviews for nearby bars, restaurants, and tourist sites. Smart hotel technologies must be used with caution by individuals in the hospitality industry, especially when it comes to safeguarding client privacy. Some customer information acquired via smart hotel solutions might be helpful as long as hotels are open and follow data protection legislation.
Hotels can use digital in-room entertainment devices to enhance the visitor experience and boost revenue through smart hospitality. Different hospitality brands have the ability to adapt and tailor both their back-end solutions as well as those that help travelers have a more distinctive experience. For hotels, Smart Hospitality offers Wi-Fi, Interactive TV, IPTV services, and HD free-to-guest channels. It aids in enhancing client happiness and experience.
Smart hotels that use cutting-edge and modern technology to accommodate visitors are an example of smart hospitality. A significant smart revolution is occurring in the actual development process for these next-generation hotels. For instance, several contractors and tech companies are collaborating to develop smarter and better hotels in less time and at a lower cost. The revolution in hotel building is driven by BIM, or Building Information Modeling, technology, which is also among the most promising developments in the field of architecture, engineering, and construction.
The hospitality and tourism industry is one of the highest revenue-generating industries in the region, which contributes £66 billion in GVA and employs about 3 million people. This industry is a very crucial pillar of the UK's overall economic and social success. While the industry is among the top contributors to the UK's economy and employers, there are reasons to consider that productivity performance has room to grow. According to the government of the United Kingdom, approximately 8% of UK workers are involved in the hospitality and tourism industry. A restaurant, bar, or hotel is where 86% of the labor in the hospitality and tourism industry works.
The Germany market dominated the Europe Solution Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,786.4 million by 2028. The UK market is expected to witness a CAGR of 25.4% during (2022 - 2028). Additionally, The France market is expected to witness a CAGR of 27.4% during (2022 - 2028).
Based on Offering, the market is segmented into Solution (Property Management System, Guest Experience Management System, Integrated Security Management, Facility Management Software, Network Management Software, and Point Of Sale Software) and Services. Based on Deployment Mode, the market is segmented into Cloud and On-premises. Based on End User, the market is segmented into Hotels, Cruise, Luxury Yatches, and Others. The report also covers geographical segmentation of Smart Hospitality market. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Smart Hospitality Market will Hit $58.3 Billion by 2028, at a CAGR of 28.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include NEC Corporation, Huawei Technologies Co., Ltd., Oracle Corporation, Samsung Electronics Co., Ltd., IBM Corporation, Cisco Systems, Inc., Siemens AG, Johnson Controls International PLC, Honeywell International, Inc. and Legrand S.A.
Scope of the Study
Market Segments Covered in the Report:
By Offering
- Solution
- Property Management System
- Guest Experience Management System
- Integrated Security Management
- Facility Management Software
- Network Management Software
- Point Of Sale Software
- Services
By Deployment Mode
By End User
- Hotels
- Cruise
- Luxury Yatches
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- NEC Corporation
- Huawei Technologies Co., Ltd.
- Oracle Corporation
- Samsung Electronics Co., Ltd.
- IBM Corporation
- Cisco Systems, Inc.
- Siemens AG
- Johnson Controls International PLC
- Honeywell International, Inc.
- Legrand S.A.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Smart Hospitality Market, by Offering
1.4.2 Europe Smart Hospitality Market, by Deployment Mode
1.4.3 Europe Smart Hospitality Market, by End User
1.4.4 Europe Smart Hospitality Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2020, Jan – 2022, Jul) Leading Players
Chapter 4. Europe Smart Hospitality Market by Offering
4.1 Europe Solution Market by Country
4.2 Europe Smart Hospitality Market by Solution Type
4.2.1 Europe Property Management System Market by Country
4.2.2 Europe Guest Experience Management System Market by Country
4.2.3 Europe Integrated Security Management Market by Country
4.2.4 Europe Facility Management Software Market by Country
4.2.5 Europe Network Management Software Market by Country
4.2.6 Europe Point Of Sale Software Market by Country
4.3 Europe Services Market by Country
Chapter 5. Europe Smart Hospitality Market by Deployment Mode
5.1 Europe Cloud Market by Country
5.2 Europe On-premises Market by Country
Chapter 6. Europe Smart Hospitality Market by End User
6.1 Europe Hotels Market by Country
6.2 Europe Cruise Market by Country
6.3 Europe Luxury Yatches Market by Country
6.4 Europe Others Market by Country
Chapter 7. Europe Smart Hospitality Market by Country
7.1 Germany Smart Hospitality Market
7.1.1 Germany Smart Hospitality Market by Offering
7.1.1.1 Germany Smart Hospitality Market by Solution Type
7.1.2 Germany Smart Hospitality Market by Deployment Mode
7.1.3 Germany Smart Hospitality Market by End User
7.2 UK Smart Hospitality Market
7.2.1 UK Smart Hospitality Market by Offering
7.2.1.1 UK Smart Hospitality Market by Solution Type
7.2.2 UK Smart Hospitality Market by Deployment Mode
7.2.3 UK Smart Hospitality Market by End User
7.3 France Smart Hospitality Market
7.3.1 France Smart Hospitality Market by Offering
7.3.1.1 France Smart Hospitality Market by Solution Type
7.3.2 France Smart Hospitality Market by Deployment Mode
7.3.3 France Smart Hospitality Market by End User
7.4 Russia Smart Hospitality Market
7.4.1 Russia Smart Hospitality Market by Offering
7.4.1.1 Russia Smart Hospitality Market by Solution Type
7.4.2 Russia Smart Hospitality Market by Deployment Mode
7.4.3 Russia Smart Hospitality Market by End User
7.5 Spain Smart Hospitality Market
7.5.1 Spain Smart Hospitality Market by Offering
7.5.1.1 Spain Smart Hospitality Market by Solution Type
7.5.2 Spain Smart Hospitality Market by Deployment Mode
7.5.3 Spain Smart Hospitality Market by End User
7.6 Italy Smart Hospitality Market
7.6.1 Italy Smart Hospitality Market by Offering
7.6.1.1 Italy Smart Hospitality Market by Solution Type
7.6.2 Italy Smart Hospitality Market by Deployment Mode
7.6.3 Italy Smart Hospitality Market by End User
7.7 Rest of Europe Smart Hospitality Market
7.7.1 Rest of Europe Smart Hospitality Market by Offering
7.7.1.1 Rest of Europe Smart Hospitality Market by Solution Type
7.7.2 Rest of Europe Smart Hospitality Market by Deployment Mode
7.7.3 Rest of Europe Smart Hospitality Market by End User
Chapter 8. Company Profiles
8.1 NEC Corporation
8.1.1 Company Overview
8.1.1 Financial Analysis
8.1.2 Segmental and Regional Analysis
8.1.3 Research & Development Expenses
8.1.4 Recent strategies and developments:
8.1.4.1 Partnerships, Collaborations, and Agreements:
8.1.4.2 Product Launches and Product Expansions:
8.1.4.3 Acquisition and Mergers:
8.2 Huawei Technologies Co., Ltd.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.3 Oracle Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 SWOT Analysis
8.4 Samsung Electronics Co., Ltd. (Samsung Group)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.6 SWOT Analysis
8.5 IBM Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional & Segmental Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.6 SWOT Analysis
8.6 Cisco Systems, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expense
8.6.5 SWOT Analysis
8.7 Siemens AG
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.6 SWOT Analysis
8.8 Johnson Controls International PLC
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental & Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Acquisition and Mergers:
8.9 Honeywell International, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.6 SWOT Analysis
8.10. Legrand S.A.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional Analysis
8.10.4 Research & Development Expense
8.10.5 Recent strategies and developments:
8.10.5.1 Product Launches and Product Expansions:
8.10.5.2 Acquisition and Mergers:
TABLE 1 Europe Smart Hospitality Market, 2018 - 2021, USD Million
TABLE 2 Europe Smart Hospitality Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Smart Hospitality Market
TABLE 4 Product Launches And Product Expansions – Smart Hospitality Market
TABLE 5 Acquisition and Mergers – Smart Hospitality Market
TABLE 6 Europe Smart Hospitality Market by Offering, 2018 - 2021, USD Million
TABLE 7 Europe Smart Hospitality Market by Offering, 2022 - 2028, USD Million
TABLE 8 Europe Solution Market by Country, 2018 - 2021, USD Million
TABLE 9 Europe Solution Market by Country, 2022 - 2028, USD Million
TABLE 10 Europe Smart Hospitality Market by Solution Type, 2018 - 2021, USD Million
TABLE 11 Europe Smart Hospitality Market by Solution Type, 2022 - 2028, USD Million
TABLE 12 Europe Property Management System Market by Country, 2018 - 2021, USD Million
TABLE 13 Europe Property Management System Market by Country, 2022 - 2028, USD Million
TABLE 14 Europe Guest Experience Management System Market by Country, 2018 - 2021, USD Million
TABLE 15 Europe Guest Experience Management System Market by Country, 2022 - 2028, USD Million
TABLE 16 Europe Integrated Security Management Market by Country, 2018 - 2021, USD Million
TABLE 17 Europe Integrated Security Management Market by Country, 2022 - 2028, USD Million
TABLE 18 Europe Facility Management Software Market by Country, 2018 - 2021, USD Million
TABLE 19 Europe Facility Management Software Market by Country, 2022 - 2028, USD Million
TABLE 20 Europe Network Management Software Market by Country, 2018 - 2021, USD Million
TABLE 21 Europe Network Management Software Market by Country, 2022 - 2028, USD Million
TABLE 22 Europe Point Of Sale Software Market by Country, 2018 - 2021, USD Million
TABLE 23 Europe Point Of Sale Software Market by Country, 2022 - 2028, USD Million
TABLE 24 Europe Services Market by Country, 2018 - 2021, USD Million
TABLE 25 Europe Services Market by Country, 2022 - 2028, USD Million
TABLE 26 Europe Smart Hospitality Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 27 Europe Smart Hospitality Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 28 Europe Cloud Market by Country, 2018 - 2021, USD Million
TABLE 29 Europe Cloud Market by Country, 2022 - 2028, USD Million
TABLE 30 Europe On-premises Market by Country, 2018 - 2021, USD Million
TABLE 31 Europe On-premises Market by Country, 2022 - 2028, USD Million
TABLE 32 Europe Smart Hospitality Market by End User, 2018 - 2021, USD Million
TABLE 33 Europe Smart Hospitality Market by End User, 2022 - 2028, USD Million
TABLE 34 Europe Hotels Market by Country, 2018 - 2021, USD Million
TABLE 35 Europe Hotels Market by Country, 2022 - 2028, USD Million
TABLE 36 Europe Cruise Market by Country, 2018 - 2021, USD Million
TABLE 37 Europe Cruise Market by Country, 2022 - 2028, USD Million
TABLE 38 Europe Luxury Yatches Market by Country, 2018 - 2021, USD Million
TABLE 39 Europe Luxury Yatches Market by Country, 2022 - 2028, USD Million
TABLE 40 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 41 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 42 Europe Smart Hospitality Market by Country, 2018 - 2021, USD Million
TABLE 43 Europe Smart Hospitality Market by Country, 2022 - 2028, USD Million
TABLE 44 Germany Smart Hospitality Market, 2018 - 2021, USD Million
TABLE 45 Germany Smart Hospitality Market, 2022 - 2028, USD Million
TABLE 46 Germany Smart Hospitality Market by Offering, 2018 - 2021, USD Million
TABLE 47 Germany Smart Hospitality Market by Offering, 2022 - 2028, USD Million
TABLE 48 Germany Smart Hospitality Market by Solution Type, 2018 - 2021, USD Million
TABLE 49 Germany Smart Hospitality Market by Solution Type, 2022 - 2028, USD Million
TABLE 50 Germany Smart Hospitality Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 51 Germany Smart Hospitality Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 52 Germany Smart Hospitality Market by End User, 2018 - 2021, USD Million
TABLE 53 Germany Smart Hospitality Market by End User, 2022 - 2028, USD Million
TABLE 54 UK Smart Hospitality Market, 2018 - 2021, USD Million
TABLE 55 UK Smart Hospitality Market, 2022 - 2028, USD Million
TABLE 56 UK Smart Hospitality Market by Offering, 2018 - 2021, USD Million
TABLE 57 UK Smart Hospitality Market by Offering, 2022 - 2028, USD Million
TABLE 58 UK Smart Hospitality Market by Solution Type, 2018 - 2021, USD Million
TABLE 59 UK Smart Hospitality Market by Solution Type, 2022 - 2028, USD Million
TABLE 60 UK Smart Hospitality Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 61 UK Smart Hospitality Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 62 UK Smart Hospitality Market by End User, 2018 - 2021, USD Million
TABLE 63 UK Smart Hospitality Market by End User, 2022 - 2028, USD Million
TABLE 64 France Smart Hospitality Market, 2018 - 2021, USD Million
TABLE 65 France Smart Hospitality Market, 2022 - 2028, USD Million
TABLE 66 France Smart Hospitality Market by Offering, 2018 - 2021, USD Million
TABLE 67 France Smart Hospitality Market by Offering, 2022 - 2028, USD Million
TABLE 68 France Smart Hospitality Market by Solution Type, 2018 - 2021, USD Million
TABLE 69 France Smart Hospitality Market by Solution Type, 2022 - 2028, USD Million
TABLE 70 France Smart Hospitality Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 71 France Smart Hospitality Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 72 France Smart Hospitality Market by End User, 2018 - 2021, USD Million
TABLE 73 France Smart Hospitality Market by End User, 2022 - 2028, USD Million
TABLE 74 Russia Smart Hospitality Market, 2018 - 2021, USD Million
TABLE 75 Russia Smart Hospitality Market, 2022 - 2028, USD Million
TABLE 76 Russia Smart Hospitality Market by Offering, 2018 - 2021, USD Million
TABLE 77 Russia Smart Hospitality Market by Offering, 2022 - 2028, USD Million
TABLE 78 Russia Smart Hospitality Market by Solution Type, 2018 - 2021, USD Million
TABLE 79 Russia Smart Hospitality Market by Solution Type, 2022 - 2028, USD Million
TABLE 80 Russia Smart Hospitality Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 81 Russia Smart Hospitality Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 82 Russia Smart Hospitality Market by End User, 2018 - 2021, USD Million
TABLE 83 Russia Smart Hospitality Market by End User, 2022 - 2028, USD Million
TABLE 84 Spain Smart Hospitality Market, 2018 - 2021, USD Million
TABLE 85 Spain Smart Hospitality Market, 2022 - 2028, USD Million
TABLE 86 Spain Smart Hospitality Market by Offering, 2018 - 2021, USD Million
TABLE 87 Spain Smart Hospitality Market by Offering, 2022 - 2028, USD Million
TABLE 88 Spain Smart Hospitality Market by Solution Type, 2018 - 2021, USD Million
TABLE 89 Spain Smart Hospitality Market by Solution Type, 2022 - 2028, USD Million
TABLE 90 Spain Smart Hospitality Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 91 Spain Smart Hospitality Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 92 Spain Smart Hospitality Market by End User, 2018 - 2021, USD Million
TABLE 93 Spain Smart Hospitality Market by End User, 2022 - 2028, USD Million
TABLE 94 Italy Smart Hospitality Market, 2018 - 2021, USD Million
TABLE 95 Italy Smart Hospitality Market, 2022 - 2028, USD Million
TABLE 96 Italy Smart Hospitality Market by Offering, 2018 - 2021, USD Million
TABLE 97 Italy Smart Hospitality Market by Offering, 2022 - 2028, USD Million
TABLE 98 Italy Smart Hospitality Market by Solution Type, 2018 - 2021, USD Million
TABLE 99 Italy Smart Hospitality Market by Solution Type, 2022 - 2028, USD Million
TABLE 100 Italy Smart Hospitality Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 101 Italy Smart Hospitality Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 102 Italy Smart Hospitality Market by End User, 2018 - 2021, USD Million
TABLE 103 Italy Smart Hospitality Market by End User, 2022 - 2028, USD Million
TABLE 104 Rest of Europe Smart Hospitality Market, 2018 - 2021, USD Million
TABLE 105 Rest of Europe Smart Hospitality Market, 2022 - 2028, USD Million
TABLE 106 Rest of Europe Smart Hospitality Market by Offering, 2018 - 2021, USD Million
TABLE 107 Rest of Europe Smart Hospitality Market by Offering, 2022 - 2028, USD Million
TABLE 108 Rest of Europe Smart Hospitality Market by Solution Type, 2018 - 2021, USD Million
TABLE 109 Rest of Europe Smart Hospitality Market by Solution Type, 2022 - 2028, USD Million
TABLE 110 Rest of Europe Smart Hospitality Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 111 Rest of Europe Smart Hospitality Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 112 Rest of Europe Smart Hospitality Market by End User, 2018 - 2021, USD Million
TABLE 113 Rest of Europe Smart Hospitality Market by End User, 2022 - 2028, USD Million
TABLE 114 KEY INFORMATION – NEC Corporation
TABLE 115 key information – Huawei Technologies Co., Ltd.
TABLE 116 Key Information – Oracle Corporation
TABLE 117 Key Information – Samsung Electronics Co., Ltd.
TABLE 118 Key information – IBM Corporation
TABLE 119 Key Information – Cisco Systems, Inc.
TABLE 120 Key Information – Siemens AG
TABLE 121 Key Information – Johnson Controls International PLC
TABLE 122 Key Information – Honeywell International, Inc.
TABLE 123 key Information – Legrand S.A.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2020, jan – 2022, Jul) Leading Players
FIG 5 Recent strategies and developments: NEC Corporation
FIG 6 SWOT analysis: Oracle Corporation
FIG 7 SWOT Analysis: Samsung Electronics CO. Ltd.
FIG 8 Swot analysis: IBM Corporation
FIG 9 SWOT Analysis: Cisco Systems, Inc.
FIG 10 Swot analysis: Siemens AG
FIG 11 Swot analysis: Honeywell international, inc.