Global Holiday Park Software Market - 2023-2030
Global holiday park software market reached US$ 89.9 million in 2022 and is expected to reach US$ 137.7 million by 2030, growing with a CAGR of 5.5% during the forecast period 2023-2030.
Over the past five years, a quarter of adults have visited UK holiday parks and centers, highlighting the market's tenacity amid challenging times for the tourism sector and the overall economy. The growing outdoor holiday activities and rapidly rising picnic and other tourism activities supports the growth of the global holiday park software market.
The significantly rising development of advanced and improved tourism infrastructure and availability of luxurious amenities and services is triggering the demand of the holiday park in recent times. The public is becoming more aware of the benefits of home-comfortable camping due to an increase in tourists as well as the influence of social media and the internet.
Market Dynamics
Significant Growth in the Development of Modern, Upgraded Tourism Infrastructure and the Accessibility of Luxurious Amenities and Services
There were 1.5 billion international visitors globally in 2019. a 4% growth over the previous year, which is anticipated to continue in 2020, establishing tourism as a dynamic and resilient industry, particularly in light of the current uncertainty. In terms of foreign tourist arrivals, the Middle East experienced the fastest growth in 2019 (+8%), expanding at a rate that is almost twice as fast as the global average. Asia and the Pacific region's growth decreased but remained quicker than the rest of the world, with foreign arrivals up 5%.
Additionally, more tourists are likely to drive the holiday park market because, according to a Kampgrounds of America, Inc. study published in 2019, 67% of customers think glamping offers a distinctive outdoor experience, 63% want facilities and amenities that aren't available with camping, and 56 percent want to stay in unusual accommodations. Therefore, the growing glemping activities thrives the growth opportunities for the holiday park softwares in the market.
Digitalization's Prevailing Tendency
In various fields, digitalization is advancing. A growing amount of orientation for accommodations takes place online. Digital is now used to make hotel reservations, and mobile-friendly websites are crucial. As a result, digital technologies are used to interact with visitors. Your website's integrated chat features enhance the user experience while speeding up call center operations.
Both automated mail systems and digital guest environments are used to send and store notifications. Numerous operational activities are being automated as a result of the labor crisis. Examples include smart locks that operate using a PIN or Bluetooth, automatic barrier gate opening by license plate recognition, and mobile ordering of food and beverages at a restaurant. In addition, the above-described logic stimulates the expansion of the global holiday park software market.
Cybersecurity-Related Problems
The potential for data breaches and cybercrime has grown as information technology (IT) has advanced. 7.9 billion records were exposed due to data breaches in the first nine months of 2019 alone, which is more than double (112%) the amount of records exposed during the same period in 2018. This information comes from RiskBased Security. With the growth in consumer data, challenges and worries about data breaches and cybercrime are also rapidly rising in the tourism sector.
Due to the enormous volumes of sensitive data held in holiday park management software and related systems, the tourism industry is increasingly becoming a target for cybercriminals. Numerous high-profile data breaches in recent years have had an effect on the tourism sector's companies.
COVID-19 Impact Analysis
The COVID-19 epidemic has had a significant detrimental influence on the holiday park software sector. However, since the pandemic, the market has grown due to the growing use of holiday park software in the aviation industry. Additionally, growth has been rapid since the market opened with COVID-19, and it is anticipated that the industry will experience significant expansion.
Organizations are taking a number of strategic actions to recover from COVID-19. To advance the technology used in the holiday park software, the participants are engaged in a variety of research and development initiatives.
Segment Analysis
The global holiday park software market is segmented based on function, size and region.
Higher Capacities and Extensive Amenities Drives the Segmental Growth
Compared to lesser parks, major vacation resorts often have a higher capacity and can accommodate more tourists. These parks frequently need powerful software solutions to handle a bigger amount of reservations, check-ins, and guest services effectively since they must manage more visitors.
To accommodate a wide range of visitor interests, large vacation parks frequently offer a wide selection of amenities and facilities. Numerous lodging alternatives, leisure pursuits, dining establishments, entertainment places, and other features might be considered among these amenities. In order to provide a smooth visitor experience, software solutions help manage and optimise the operation of these facilities. As a result, with more than half of the segmental share, the large parks dominates the global market.
Geographical Analysis
Digital Transformation Drives the Growth of the European Market
In order to maintain their competitiveness in the global tourism sector, European holiday park operators have been proactive in embracing digital change. They are aware of the value of modern technology in providing improved customer services, efficient operations, and data-driven decision-making.
In European countries, UK and Netherlands gaining the major attraction in the European holiday park software market. The need for distinctive, luxurious, customized, and sustainable travel experiences has fueled the emergence of alternative lodging choices including tiny homes, treehouses, and yurts. This trend has also been influenced by the growth of the sharing economy and the popularity of ecotourism. As a result, Europe has dominated the global market for holiday park software.
Competitive Landscape
The major global players RMS Cloud, NewBook, Campspot, CampManager, GuestTracker, RezExpert, Recranet, Elite Dynamics, ParcVu Systems Ltd and RevControl.
Why Purchase the Report?
• To visualize the global holiday park software market segmentation based on function, size, deployment and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of holiday park software market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.
The global holiday park software market report would provide approximately 61 tables, 56 figures and 181 Pages.
Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies