Global Hospitality Management Solutions (HMS) Market Growth (Status and Outlook) 2023-2029

Global Hospitality Management Solutions (HMS) Market Growth (Status and Outlook) 2023-2029

As technology continues its rapid advance across all industries around the world, hospitality is really beginning to see the benefits. Hotel management software has come a long way in helping hoteliers improve the way their business operates, and there is little doubt as to its transformative impact.

LPI (LP Information)' newest research report, the “Hospitality Management Solutions (HMS) Industry Forecast” looks at past sales and reviews total world Hospitality Management Solutions (HMS) sales in 2022, providing a comprehensive analysis by region and market sector of projected Hospitality Management Solutions (HMS) sales for 2023 through 2029. With Hospitality Management Solutions (HMS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hospitality Management Solutions (HMS) industry.

This Insight Report provides a comprehensive analysis of the global Hospitality Management Solutions (HMS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hospitality Management Solutions (HMS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hospitality Management Solutions (HMS) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hospitality Management Solutions (HMS) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hospitality Management Solutions (HMS).

The global Hospitality Management Solutions (HMS) market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Hospitality Management Solutions (HMS) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Hospitality Management Solutions (HMS) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Hospitality Management Solutions (HMS) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Hospitality Management Solutions (HMS) players cover Hotel Connect, innRoad, RMS Cloud, Operto Teams, formerly VRScheduler, Hostaway, Pacer, Impactiv, Innoveo and AbodeBooking, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Hospitality Management Solutions (HMS) market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Cloud-based
On-premises

Segmentation by application
SMBs
Large Businesses

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hotel Connect
innRoad
RMS Cloud
Operto Teams, formerly VRScheduler
Hostaway
Pacer
Impactiv
Innoveo
AbodeBooking
eZee Technosys
BookingCenter
Instant World Booking
OurPeople, Inc.
Tokeet
Front
WebRezPro Property Management System
InnQuest Software
RoomRaccoon
Frontdesk Anywhere
Infor

Please note: The report will take approximately 2 business days to prepare and deliver.