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Hotel and Hospitality Management Software Market - Global Industry Analysis

Hotel and Hospitality Management Software Market By Hotel Type (Business Hotels, Heritage and Boutique Hotels, and Resorts and Spas), Type (Hotel Operation Management System, Integrated Security System, Hotel Building Automation System, Guest Service Management System, and Integrated Communication Technology Solutions), By Deployment Type ( On-premises and SaaS-Based): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028

Published Date: 27-Jul-2021 Category: Technology & Media Report Format : PDF Pages: 163 Report Code: ZMR-2625 Status : Published

The global Hotel and hospitality management software market accounted for USD 3,171.1 Million in 2020 and is expected to reach USD 4,894.4 Million by 2028, growing at a CAGR of around 6.7% between 2021 and 2028.

Description

Market Overview    

The global Hotel and hospitality management software market accounted for USD 3,171.1 Million in 2020 and is expected to reach USD 4,894.4 Million by 2028, growing at a CAGR of around 6.7% between 2021 and 2028.       

Hotel management software is technology that allows hotel operators and owners to streamline their administrative tasks while also increasing their bookings in both the short- and long-term. It is a platform, which simplifies hotel operations with the help of automation. For instance, it covers all aspects of hotel management including reservations, housekeeping, guest check-in/check-out, back-office, front-office, maintenance, and billing. The rapidly changing trends in consumer behavior and technology are expected to open new markets and opportunities.

Moreover, this software system is also suitable for other property types such as motels, bed & breakfast (B&Bs), guest houses, serviced apartments, resorts, restaurants, and vacation rentals.

COVID-19 Impact Analysis:

The global Hotel and hospitality management software market has witnessed a slight decline in the sales for short term to the lockdown enforcement placed by governments in order to contain COVID spreading. The restrictions imposed by various nations to contain COVID had stopped the production resulting in a disruption across the whole supply chain. Moreover, the pandemic has resulted in a deeply crisis with the imposition of travel restrictions across the globe and suspension of flights in a global effort to contain the spread of the virus. According to the latest updates from IATA, ICAO, the Airports Council International (ACI), the UN World Tourism Organization (UNWTO), the World Trade Organization (WTO), and the International Monetary Fund (IMF), the international air passenger traffic in 2020 experienced a drop of about 50-55% as compared to 2020 baseline. However, the world markets are slowly opening to their full potential and theirs a surge in demand of Gynecological devices. The market would remain bullish in upcoming year.

 The decrease in the global Hotel and hospitality management software market size in 2020 is estimated on the basis of the COVID-19 outbreak and its negative impact on the economies and industries across the globe. Various scenarios have been analyzed on the basis of inputs from various secondary sources and the current data available about the situation.   

Growth Factors

The rapid growth in the tourism and the hospitality industry is the major factor driving the growth of the hotel and hospitality management software market. Tourism and hospitality industry is considered as the third largest sub-segment in the services sector which includes trade, repair services, hotels, and restaurants.

An increased adoption of the hotel and hospitality management software is expected in the coming years owing to the increasing need to minimize the expenditure and the operational costs. The other benefit of using the software is that it reduces the dependency on the manual processes. The efficiency of the software may get hampered owing to factors such as power outages, virus attacks, and others thus limiting the market growth.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Segment Analysis Preview

Based on hotel type, the market is segmented into Business Hotels, Heritage and Boutique Hotels, and Resorts and Spas. Business hotels contribute a major share in the growth of the hotel and hospitality management software market. The increased facilities that are provided by the business hotels such as unified communication capabilities help the business people and other guests to conduct meetings and conferences. Thus it is estimated that this segment will register a comparatively high growth in the future years.

The guest service management system is anticipated to grow at the highest CAGR during the forecast period. Increasing demand for automated real-time optimized guest services and the rise of demographic growth are expected to propel the market growth in the near future.

Based on deployment type, the on-premises segment was the leading segment and it accounted for the major share of total revenue generated in 2020. This growth is mainly due to increasing adoption of the on-premises application software on account of rising need to improve business productivity.

Region Analysis Preview

North America, Europe, Asia-Pacific, Latin America and Middle East & Africa are key regional segments of global hotel and hospitality management software market. Asia-Pacific is anticipated to remain the leading region over the forecast period. The market is well developed in Asia Pacific region owing to the high investments that are made for the development of the market.

Moreover, According to UNWTO, Asia-Pacific has registered about 320 million tourist visitors in 2017. Also, the East Asia has historically performed well in the region, led by Japan with growth in arrival of tourist visitors by 19% in 2017. State of the art, strong safety and health conditions, and ICT-equipped infrastructure are the major factors for the growth of the hotel and hospitality management market in the Asia-Pacific.

Key Market Players & Competitive Landscape

The major players operating in the hotel and hospitality management software market are ohnson Controls, Jonas Software, NEC Corporation, Oracle Corporation, protel hotel-software GmbH., Schneider Electric, Siemens AG among others.

The global Hotel and hospitality management software market is segmented as follows:   

By Hotel Type

  • Business Hotels
  • Heritage and Boutique Hotels
  • Resorts and Spas

By Type

  • Hotel Operation Management System
  • Integrated Security System
  • Hotel Building Automation System
  • Guest Service Management System
  • Integrated Communication Technology Solutions

By Deployment Type

  •  On-premises
  •  SaaS-Based

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Hotel Type
        • 2.1.1.2. Market Attractiveness Analysis, By Type
        • 2.1.1.3. Market Attractiveness Analysis, By Deployment Type
        • 2.1.1.4. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Hotel and hospitality management software Market, 2016 – 2028 (USD Million)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 Hotel and hospitality management software Market – Hotel Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Hotel Type, 2020 & 2028
    • 4.2. Business Hotels
      • 4.2.1. Market Size and Forecast, By Region (USD Million)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Heritage and Boutique Hotels
      • 4.3.1. Market Size and Forecast, By Region (USD Million)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Resorts and Spas
      • 4.4.1. Market Size and Forecast, By Region (USD Million)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Hotel and hospitality management software Market – Type Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Type, 2020 & 2028
    • 5.2. Hotel Operation Management System
      • 5.2.1. Market Size and Forecast, By Region (USD Million)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Integrated Security System
      • 5.3.1. Market Size and Forecast, By Region (USD Million)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. Hotel Building Automation System
      • 5.4.1. Market Size and Forecast, By Region (USD Million)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.5. Guest Service Management System
      • 5.5.1. Market Size and Forecast, By Region (USD Million)
      • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
      • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.6. Integrated Communication Technology Sulutions
      • 5.6.1. Market Size and Forecast, By Region (USD Million)
      • 5.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.6.3. Key Market Trends, Growth Factors, & Opportunities
      • 5.6.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6 Hotel and hospitality management software Market – Deployment Type Segment Analysis
    • 6.1. Overview
      • 6.1.1. Market Revenue Share, By Deployment Type, 2020 & 2028
    • 6.2. On-premises
      • 6.2.1. Market Size and Forecast, By Region (USD Million)
      • 6.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.3. SaaS-Based
      • 6.3.1. Market Size and Forecast, By Region (USD Million)
      • 6.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.3.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 7 Hotel and hospitality management software Market – Regional Analysis
    • 7.1. Overview
      • 7.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 7.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Million)
    • 7.2. North America
      • 7.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.2.2. North America Market Revenue, By Hotel Type, 2016 – 2028
      • 7.2.3. North America Market Revenue, By Type, 2016 – 2028
      • 7.2.4. North America Market Revenue, By Deployment Type, 2016 – 2028
      • 7.2.5. U.S.
        • 7.2.5.1. U.S. Market Revenue, By Hotel Type, 2016 – 2028
        • 7.2.5.2. U.S. Market Revenue, By Type, 2016 – 2028
        • 7.2.5.3. U.S. Market Revenue, By Deployment Type, 2016 – 2028
      • 7.2.6. Canada
        • 7.2.6.1. Canada Market Revenue, By Hotel Type, 2016 – 2028
        • 7.2.6.2. Canada Market Revenue, By Type, 2016 – 2028
        • 7.2.6.3. Canada Market Revenue, By Deployment Type, 2016 – 2028
      • 7.2.7. Mexico
        • 7.2.7.1. Mexico Market Revenue, By Hotel Type, 2016 – 2028
        • 7.2.7.2. Mexico Market Revenue, By Type, 2016 – 2028
        • 7.2.7.3. Mexico Market Revenue, By Deployment Type, 2016 – 2028
    • 7.3. Europe
      • 7.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.3.2. Europe Market Revenue, By Hotel Type, 2016 – 2028
      • 7.3.3. Europe Market Revenue, By Type, 2016 – 2028
      • 7.3.4. Europe Market Revenue, By Deployment Type, 2016 – 2028
      • 7.3.5. Germany
        • 7.3.5.1. Germany Market Revenue, By Hotel Type, 2016 – 2028
        • 7.3.5.2. Germany Market Revenue, By Type, 2016 – 2028
        • 7.3.5.3. Germany Market Revenue, By Deployment Type, 2016 – 2028
      • 7.3.6. France
        • 7.3.6.1. France Market Revenue, By Hotel Type, 2016 – 2028
        • 7.3.6.2. France Market Revenue, By Type, 2016 – 2028
        • 7.3.6.3. France Market Revenue, By Deployment Type, 2016 – 2028
      • 7.3.7. U.K.
        • 7.3.7.1. U.K. Market Revenue, By Hotel Type, 2016 – 2028
        • 7.3.7.2. U.K. Market Revenue, By Type, 2016 – 2028
        • 7.3.7.3. U.K. Market Revenue, By Deployment Type, 2016 – 2028
      • 7.3.8. Italy
        • 7.3.8.1. Italy Market Revenue, By Hotel Type, 2016 – 2028
        • 7.3.8.2. Italy Market Revenue, By Type, 2016 – 2028
        • 7.3.8.3. Italy Market Revenue, By Deployment Type, 2016 – 2028
      • 7.3.9. Spain
        • 7.3.9.1. Spain Market Revenue, By Hotel Type, 2016 – 2028
        • 7.3.9.2. Spain Market Revenue, By Type, 2016 – 2028
        • 7.3.9.3. Spain Market Revenue, By Deployment Type, 2016 – 2028
      • 7.3.10. Rest of Europe
        • 7.3.10.1. Rest of Europe Market Revenue, By Hotel Type, 2016 – 2028
        • 7.3.10.2. Rest of Europe Market Revenue, By Type, 2016 – 2028
        • 7.3.10.3. Rest of Europe Market Revenue, By Deployment Type, 2016 – 2028
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.4.2. Asia Pacific Market Revenue, By Hotel Type, 2016 – 2028
      • 7.4.3. Asia Pacific Market Revenue, By Type, 2016 – 2028
      • 7.4.4. Asia Pacific Market Revenue, By Deployment Type, 2016 – 2028
      • 7.4.5. China
        • 7.4.5.1. China Market Revenue, By Hotel Type, 2016 – 2028
        • 7.4.5.2. China Market Revenue, By Type, 2016 – 2028
        • 7.4.5.3. China Market Revenue, By Deployment Type, 2016 – 2028
      • 7.4.6. Japan
        • 7.4.6.1. Japan Market Revenue, By Hotel Type, 2016 – 2028
        • 7.4.6.2. Japan Market Revenue, By Type, 2016 – 2028
        • 7.4.6.3. Japan Market Revenue, By Deployment Type, 2016 – 2028
      • 7.4.7. India
        • 7.4.7.1. India Market Revenue, By Hotel Type, 2016 – 2028
        • 7.4.7.2. India Market Revenue, By Type, 2016 – 2028
        • 7.4.7.3. India Market Revenue, By Deployment Type, 2016 – 2028
      • 7.4.8. South Korea
        • 7.4.8.1. South Korea Market Revenue, By Hotel Type, 2016 – 2028
        • 7.4.8.2. South Korea Market Revenue, By Type, 2016 – 2028
        • 7.4.8.3. South Korea Market Revenue, By Deployment Type, 2016 – 2028
      • 7.4.9. South-East Asia
        • 7.4.9.1. South-East Asia Market Revenue, By Hotel Type, 2016 – 2028
        • 7.4.9.2. South-East Asia Market Revenue, By Type, 2016 – 2028
        • 7.4.9.3. South-East Asia Market Revenue, By Deployment Type, 2016 – 2028
      • 7.4.10. Rest of Asia Pacific
        • 7.4.10.1. Rest of Asia Pacific Market Revenue, By Hotel Type, 2016 – 2028
        • 7.4.10.2. Rest of Asia Pacific Market Revenue, By Type, 2016 – 2028
        • 7.4.10.3. Rest of Asia Pacific Market Revenue, By Deployment Type, 2016 – 2028
    • 7.5. Latin America
      • 7.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.5.2. Latin America Market Revenue, By Hotel Type, 2016 – 2028
      • 7.5.3. Latin America Market Revenue, By Type, 2016 – 2028
      • 7.5.4. Latin America Market Revenue, By Deployment Type, 2016 – 2028
      • 7.5.5. Brazil
        • 7.5.5.1. Brazil Market Revenue, By Hotel Type, 2016 – 2028
        • 7.5.5.2. Brazil Market Revenue, By Type, 2016 – 2028
        • 7.5.5.3. Brazil Market Revenue, By Deployment Type, 2016 – 2028
      • 7.5.6. Argentina
        • 7.5.6.1. Argentina Market Revenue, By Hotel Type, 2016 – 2028
        • 7.5.6.2. Argentina Market Revenue, By Type, 2016 – 2028
        • 7.5.6.3. Argentina Market Revenue, By Deployment Type, 2016 – 2028
      • 7.5.7. Rest of Latin America
        • 7.5.7.1. Rest of Latin America Market Revenue, By Hotel Type, 2016 – 2028
        • 7.5.7.2. Rest of Latin America Market Revenue, By Type, 2016 – 2028
        • 7.5.7.3. Rest of Latin America Market Revenue, By Deployment Type, 2016 – 2028
    • 7.6. The Middle-East and Africa
      • 7.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.6.2. The Middle-East and Africa Market Revenue, By Hotel Type, 2016 – 2028
      • 7.6.3. The Middle-East and Africa Market Revenue, By Type, 2016 – 2028
      • 7.6.4. The Middle-East and Africa Market Revenue, By Deployment Type, 2016 – 2028
      • 7.6.5. GCC Countries
        • 7.6.5.1. GCC Countries Market Revenue, By Hotel Type, 2016 – 2028
        • 7.6.5.2. GCC Countries Market Revenue, By Type, 2016 – 2028
        • 7.6.5.3. GCC Countries Market Revenue, By Deployment Type, 2016 – 2028
      • 7.6.6. South Africa
        • 7.6.6.1. South Africa Market Revenue, By Hotel Type, 2016 – 2028
        • 7.6.6.2. South Africa Market Revenue, By Type, 2016 – 2028
        • 7.6.6.3. South Africa Market Revenue, By Deployment Type, 2016 – 2028
      • 7.6.7. Rest of Middle-East Africa
        • 7.6.7.1. Rest of Middle-East Africa Market Revenue, By Hotel Type, 2016 – 2028
        • 7.6.7.2. Rest of Middle-East Africa Market Revenue, By Type, 2016 – 2028
        • 7.6.7.3. Rest of Middle-East Africa Market Revenue, By Deployment Type, 2016 – 2028
  • Chapter No. 8 Hotel and hospitality management software Market – Industry Analysis
    • 8.1. Introduction
    • 8.2. Market Drivers
      • 8.2.1. Driving Factor 1 Analysis
      • 8.2.2. Driving Factor 2 Analysis
    • 8.3. Market Restraints
      • 8.3.1. Restraining Factor Analysis
    • 8.4. Market Opportunities
      • 8.4.1. Market Opportunity Analysis
    • 8.5. Porter’s Five Forces Analysis
    • 8.6. PEST Analysis
    • 8.7. Regulatory Landscape
    • 8.8. Hotel Type Landscape
    • 8.9. Regional Market Trends
      • 8.9.1. North America
      • 8.9.2. Europe
      • 8.9.3. Asia Pacific
      • 8.9.4. Latin America
      • 8.9.5. The Middle-East and Africa
    • 8.10. Pricing Analysis
    • 8.11. Value Chain Analysis
    • 8.12. Downstream Buyers
    • 8.13. Distributors/Traders List
  • Chapter No. 9 Competitive Landscape
    • 9.1. Company Market Share Analysis – 2019
      • 9.1.1. Global Hotel and hospitality management software Market: Company Market Share, 2019
      • 9.1.2. Global Hotel and hospitality management software Market, Company Market Revenue, 2016 – 2019 (USD Million)
      • 9.1.3. Global Hotel and hospitality management software Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 9.1.4. Global Hotel and hospitality management software Market: Radar Determinant Chart, 2019
    • 9.2. Strategic Developments
      • 9.2.1. Acquisitions & Mergers
      • 9.2.2. New Product Launch
      • 9.2.3. Regional Expansion
    • 9.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 10 Company Profiles
    • 10.1. Johnson Contruls
      • 10.1.1. Company Overview
      • 10.1.2. Key Executives
      • 10.1.3. Product Portfolio
      • 10.1.4. Financial Overview
      • 10.1.5. Operating Business Segments
      • 10.1.6. Business Performance
      • 10.1.7. Recent Developments
    • 10.2. Jonas Software
    • 10.3. NEC Corporation
    • 10.4. Oracle Corporation
    • 10.5. protel hotel-software GmbH
    • 10.6. Schneider Electric.
    • 10.7. Siemens AG
  • Chapter No. 11 Marketing Strategy Analysis
    • 11.1. Marketing Channel
    • 11.2. Direct Marketing
    • 11.3. Indirect Marketing
    • 11.4. Marketing Channel Development Trends
    • 11.5. Economic/Pulitical Type Change
  • Chapter No. 12 Research Methodology
    • 12.1. Research Methodology
    • 12.2. Phase I - Secondary Research
    • 12.3. Phase II - Data Modeling
      • 12.3.1. Company Share Analysis Model
      • 12.3.2. Revenue Based Modeling
    • 12.4. Phase III - Primary Research
    • 12.5. Research Limitations
      • 12.5.1. Assumptions

List of Figures 

FIG NO. 1. Market Attractiveness Analysis, By Hotel Type
FIG NO. 2. Market Attractiveness Analysis, By Type
FIG NO. 4. Market Attractiveness Analysis, By Region
FIG NO. 5. Global Hotel and hospitality management software Market Revenue, 2016 – 2028 (USD Million)
FIG NO. 6. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 7. Market Revenue Share, By Hotel Type, 2020 & 2028
FIG NO. 8. Global Hotel and hospitality management software Market for Business Hotels, Revenue (USD Million) 2016 – 2028
FIG NO. 9. Comparative Revenue Analysis of Hotel and hospitality management software Market for Business Hotels, By Country, 2020 & 2028
FIG NO. 10. Global Hotel and hospitality management software Market for Heritage and Boutique Hotels, Revenue (USD Million) 2016 – 2028
FIG NO. 11. Comparative Revenue Analysis of Hotel and hospitality management software Market for Heritage and Boutique Hotels, By Country, 2020 & 2028
FIG NO. 12. Global Hotel and hospitality management software Market for Resorts and Spas, Revenue (USD Million) 2016 – 2028
FIG NO. 13. Comparative Revenue Analysis of Hotel and hospitality management software Market for Resorts and Spas, By Country, 2020 & 2028
FIG NO. 14. Market Revenue Share, By Type, 2020 & 2028
FIG NO. 15. Global Hotel and hospitality management software Market for Hotel Operation Management System, Revenue (USD Million) 2016 – 2028
FIG NO. 16. Comparative Revenue Analysis of Hotel and hospitality management software Market for Hotel Operation Management System, By Country, 2020 & 2028
FIG NO. 17. Global Hotel and hospitality management software Market for Integrated Security System, Revenue (USD Million) 2016 – 2028
FIG NO. 18. Comparative Revenue Analysis of Hotel and hospitality management software Market for Integrated Security System, By Country, 2020 & 2028
FIG NO. 19. Global Hotel and hospitality management software Market for Hotel Building Automation System, Revenue (USD Million) 2016 – 2028
FIG NO. 20. Comparative Revenue Analysis of Hotel and hospitality management software Market for Hotel Building Automation System, By Country, 2020 & 2028
FIG NO. 21. Global Hotel and hospitality management software Market for Guest Service Management System, Revenue (USD Million) 2016 – 2028
FIG NO. 22. Comparative Revenue Analysis of Hotel and hospitality management software Market for Guest Service Management System, By Country, 2020 & 2028
FIG NO. 23. Global Hotel and hospitality management software Market for Integrated Communication Technology Solutions, Revenue (USD Million) 2016 – 2028
FIG NO. 24. Comparative Revenue Analysis of Hotel and hospitality management software Market for Integrated Communication Technology Solutions, By Country, 2020 & 2028
FIG NO. 25. Market Revenue Share, By Deployment Type, 2020 & 2028
FIG NO. 26. Global Hotel and hospitality management software Market for On-premises, Revenue (USD Million) 2016 – 2028
FIG NO. 27. Comparative Revenue Analysis of Hotel and hospitality management software Market for On-premises, By Country, 2020 & 2028
FIG NO. 28. Global Hotel and hospitality management software Market for SaaS-Based, Revenue (USD Million) 2016 – 2028
FIG NO. 29. Comparative Revenue Analysis of Hotel and hospitality management software Market for SaaS-Based, By Country, 2020 & 2028
FIG NO. 30. Global Hotel and hospitality management software Market Revenue Share, By Region, 2020 & 2028
FIG NO. 31. North America Hotel and hospitality management software Market Revenue, 2016 - 2028 (USD Million)
FIG NO. 32. Porter’s Five Forces Analysis for Global Hotel and hospitality management software Market
FIG NO. 33. PEST Analysis for Global Hotel and hospitality management software Market
FIG NO. 34. Pricing Analysis for Global Hotel and hospitality management software Market
FIG NO. 35. Value Chain Analysis for Global Hotel and hospitality management software Market
FIG NO. 36. Company Share Analysis, 2019
FIG NO. 37. Radar Determinant Chart, 2019
FIG NO. 38. Company Strategic Developments – Heat Map Analysis
FIG NO. 39. Johnson Controls Business Segment Revenue Share, 2020 (%)
FIG NO. 40. Johnson Controls Geographical Segment Revenue Share, 2020 (%)
FIG NO. 41. Market Channels
FIG NO. 42. Marketing Channel Development Trend
FIG NO. 43 Growth in World Gross Product, 2008-2018
FIG NO. 44. Research Methodology – Detailed View
FIG NO. 45. Research Methodology
 


List of Tables 

TABLE NO. 1. Global Hotel and hospitality management software Market: Snapshot
TABLE NO. 2. Quarterly Hotel and hospitality management software Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Hotel and hospitality management software Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
TABLE NO. 6. Global Hotel and hospitality management software Market for Business Hotels, by Region, 2016 – 2028 (USD Million)
TABLE NO. 7. Global Hotel and hospitality management software Market for Heritage and Boutique Hotels, by Region, 2016 – 2028 (USD Million)
TABLE NO. 8. Global Hotel and hospitality management software Market for Resorts and Spas, by Region, 2016 – 2028 (USD Million)
TABLE NO. 9. Global Hotel and hospitality management software Market for Hotel Operation Management System, by Region, 2016 – 2028 (USD Million)
TABLE NO. 10. Global Hotel and hospitality management software Market for Integrated Security System, by Region, 2016 – 2028 (USD Million)
TABLE NO. 11. Global Hotel and hospitality management software Market for Hotel Building Automation System, by Region, 2016 – 2028 (USD Million)
TABLE NO. 12. Global Hotel and hospitality management software Market for Guest Service Management System, by Region, 2016 – 2028 (USD Million)
TABLE NO. 13. Global Hotel and hospitality management software Market for Integrated Communication Technology Solutions, by Region, 2016 – 2028 (USD Million)
TABLE NO. 14. Global Hotel and hospitality management software Market for  On-premises, by Region, 2016 – 2028 (USD Million)
TABLE NO. 15. Global Hotel and hospitality management software Market for  SaaS-Based, by Region, 2016 – 2028 (USD Million)
TABLE NO. 16. G6obal Hotel and hospitality management software Market Revenue, By Region, 2016 – 2028 (USD Million)
TABLE NO. 17. North America Hotel and hospitality management software Market Revenue, By Country, 2016 – 2028 (USD Million)
TABLE NO. 18. North America Hotel and hospitality management software Market Revenue, By Hotel Type, 2016 – 2028 (USD Million)
TABLE NO. 19. North America Hotel and hospitality management software Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 20. North America Hotel and hospitality management software Market Revenue, By Deployment Type, 2016 – 2028 (USD Million)
TABLE NO. 21. U.S. Hotel and hospitality management software Market Revenue, By Hotel Type, 2016 – 2028 (USD Million)
TABLE NO. 22. U.S. Hotel and hospitality management software Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 23. U.S. Hotel and hospitality management software Market Revenue, By Deployment Type, 2016 – 2028 (USD Million)
TABLE NO. 24. Canada Hotel and hospitality management software Market Revenue, By Hotel Type, 2016 – 2028 (USD Million)
TABLE NO. 25. Canada Hotel and hospitality management software Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 26. Canada Hotel and hospitality management software Market Revenue, By Deployment Type, 2016 – 2028 (USD Million)
TABLE NO. 27. Mexico Hotel and hospitality management software Market Revenue, By Hotel Type, 2016 – 2028 (USD Million) 
TABLE NO. 28. Mexico Hotel and hospitality management software Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 29. Mexico Hotel and hospitality management software Market Revenue, By Deployment Type, 2016 – 2028 (USD Million)
TABLE NO. 30. Drivers for the Hotel and hospitality management software Market: Impact Analysis
TABLE NO. 31. Restraints for the Hotel and hospitality management software Market: Impact Analysis
TABLE NO. 32. Major Buyers of Hotel and hospitality management software 
TABLE NO. 33. Distributors/Traders List of Hotel and hospitality management software 
TABLE NO. 34. Global Hotel and hospitality management software Market, Company Market Revenue, 2016 – 2019 (USD Million)
TABLE NO. 35. Global Hotel and hospitality management software Market, Company Y-o-Y Growth, 2017 – 2019 (USD Million)
  
 

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Hotel and Hospitality Management Software market. Zion Market Research has collected and analyzed key data belong to the global Hotel and Hospitality Management Software market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Hotel and Hospitality Management Software across the world has been calculated through primary and secondary research.

Zion Market Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Market Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in the validation of findings from secondary research and to understand key trends in the Hotel and Hospitality Management Software industry. Primary research makes up the major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment, and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts, and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases, and market reports

News articles, press releases, and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Hotel and Hospitality Management Software market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split into segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage, and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Frequently Asked Questions

The global Hotel and hospitality management software market was valued at USD 3,171.1 Million in 2020.

The global Hotel and hospitality management software market is expected to reach USD 4,894.4 Million by 2028, growing at a CAGR of 6.7% between 2021 to 2028.

The rapid growth in the tourism and hospitality industry has played a major role in driving the hotel and hospitality management software market. An increased adoption of the hotel and hospitality management software is expected in the coming years owing to the increasing need to minimize the expenditure and the operational costs.

Asia-Pacific is anticipated to remain the leading region over the forecast period. Asia-Pacific is anticipated to remain the leading region over the forecast period. The market is well developed in Asia Pacific region owing to the high investments that are made for the development of the market.

The major players operating in the hotel and hospitality management software market are Johnson Controls, Jonas Software, NEC Corporation, Oracle Corporation, protel hotel-software GmbH., Schneider Electric, Siemens AG among others.

 

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