Press Releases

The global smart hospitality market size was valued at USD 14.7 billion in 2023. It is likely to grow up to USD 57.5 billion by 2030 at a CAGR of 25.8% during the forecast period ranging between 2025 and 2030.

Smart hospitality allows automating energy management, room controls, and other operations that enhance consumer experience and convenience. Advanced technologies are integrated into hospitality services. The growth of the market is promoted by the development in IoT technology. Integration of such advanced technology into hospitality services has streamlined operations. The rising trend in offering customized guest experience promotes the growth of the global hospitality market. However, the cost of implementation smart technology in hospitality services hinders the growth of the global hospitality market. 

Browse market data Tables and Figures spread through 125 Pages and in-depth TOC on Global Smart Hospitality Market By Offering (Software, Hardware and Services), By Deployment Mode (On-Premises and Cloud-Based), By End Use (Luxury Hotels, Budget Hotels, Resorts, and Other) and By Geography (North America, Europe, Asia Pacific and Rest of the World) - Forecast from 2025 to 2030.

Global Smart Hospitality Market Segmentation and Key Players

By offering, software dominated the global smart hospitality market.  

The software segment is expected to dominate the market due to higher demand and ability to personalize operations and improve efficiency. 

"North America dominates the global smart hospitality market." 

North America dominates the global smart hospitality market due to due to higher investment, emphasis on luxury rooms, and developed technological infrastructure.

Some of the key players in this market are Oracle Hospitality, Honeywell International Inc, Siemens AG, Huawei Technologies Co Ltd, Cisco Systems Inc, Interel, Saba Hospitality Technology Solutions

Recent Developments By the Key Players

Honeywell and NXP Semiconductors have partnered to advance autonomous flight and AI-driven aerospace technologies. This partnership shall transform aviation with next-generation avionics and computing solutions.

Siemens has collaborated with Spinnova, a company specializing in sustainable textile technology, to revolutionize global fiber production with minimal environmental impact. This collaboration reflects Siemens’ commitment to advancing sustainability and digitalization in the manufacturing sector.

The Global Smart Hospitality Market report offers a comprehensive market segmentation analysis along with estimation for the forecast period 2025–2030.

Global Smart Hospitality Market coverage (By Value)

• Offering Insight and Forecast 2025 - 2030
  • Software
  • Hardware
  • Services
• Deployment Mode Insight and Forecast 2025 - 2030
  • On-Premises
  • Cloud-Based
• End use Insight and Forecast 2025 - 2030
  • Luxury Hotels
  • Budget Hotels
  • Resorts
  • Other

Geographical Segmentation

Global Smart Hospitality Market by Region

• Type Insight and Forecast 2025 - 2030
  • Residential
  • Non-residential
• Building type Insight and Forecast 2025 - 2030
  • Traditional
  • Smart building
• End user Insight and Forecast 2025 - 2030
  • Private
  • Public

Geographical Segmentation

Global Building and Construction Market by Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • South Korea
  • Vietnam
  • Thailand
  • Malaysia
  • Rest of Asia-Pacific
• Rest of the World (RoW)
  • Brazil
  • Saudi Arabia
  • South Africa
  • U.A.E.
  • Other Countries