Smart hospitality market was estimated to hold a market size of US$5.550 billion in 2018.

Knowledge Sourcing Intelligence announces the publication of a new report on “smart hospitality Market - Forecasts from 2019 to 2024" to their offering.

This report provides forecast and analysis of the smart hospitality market which was estimated to hold a market value of USD5.550 billion in 2018. The market for smart hospitality is expected to surge during the forecast period owing to the growing global travel and tourism industry. Also, the rapid growth of the Internet of Things is further fueling the market demand in the forecast period and in the coming years. Geographically, North America followed by Europe is projected to hold a significant market share owing to the early technology adoption, while the Asia Pacific region is expected to be among the fastest-growing. Furthermore, the growing adoption of advanced solutions by many hotel owners worldwide in order to manage their business functions efficiently due to the soaring competition in the hospitality industry is fueling the market growth during the forecast period.

Some of the major players covered as part of the report are Cisco Systems, Inc., Oracle, and IBM among others.

This report segmented the smart hospitality market on the basis following terms:

• By Component
o Hardware
o Software
o Services
• By Deployment Model
o On-Premise
o Cloud

• By Geography
o North America
 United States of America
 Canada
 Mexico

o South America
 Brazil
 Argentina
 Others

o Europe
 United Kingdom
 Germany
 France
 Spain
 Others

o Middle East and Africa
 Saudi Arabia
 Israel
 Others

o Asia Pacific
 China
 Japan
 Australia
 India
 Others

Purchase complete report or request sample: www.knowledge-sourcing.com/report/smart-hospitality-market

Knowledge Sourcing Intelligence is a market research and consulting firm based out of India. Driven by industry experts, the company provides syndicated reports, custom research, and consulting services. Our proprietary data analytics model blended with quality primary and secondary research data, assists in generating quality reports providing crucial insights to managers and decision-makers. The services offered by us help companies to gain the required competitive edge. Our expertise across 10 industries such as ICT, Chemicals, Semiconductors, Healthcare among others caters to diverse client needs.

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