Europe Smart Hospitality Market Size, Share & Industry Trends Analysis Report By Offering, By Deployment Mode (Cloud and On-premises), By End User (Hotels, Cruise, Luxury Yatches), By Country and Growth Forecast, 2022 - 2028

Europe Smart Hospitality Market Size, Share & Industry Trends Analysis Report By Offering, By Deployment Mode (Cloud and On-premises), By End User (Hotels, Cruise, Luxury Yatches), By Country and Growth Forecast, 2022 - 2028

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.

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
  • Cloud
  • On-premises
By End User
  • Hotels
  • Cruise
  • Luxury Yatches
  • Others
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
Companies Profiled
  • 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.
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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:

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