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Smart Hospitality Market – Global Industry Analysis and Forecast (2018-2026) – by Software, Services, Hotel Type, Deployment Model, and Region

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snehal lokhnade
Smart Hospitality Market – Global Industry Analysis and Forecast (2018-2026) – by Software, Services, Hotel Type, Deployment Model, and Region

Smart Hospitality Market is expected to reach US$ 18.12Bn by 2026 at a CAGR of 25.5% during the forecast period.

Astute Hospitality provides HD free-to-guest channels, IPTV services, Interactive TV, and Wi-Fi for hotels.

High initial cost of deployment and integration involution over legacy systems are some restraining factors would obstruct the magnification of the perspicacious hospitality market.

The hotel building automation system is expected to have larger smart hospitality market share during the forecast period, as building automation for facility & emergency response management, water management, parking management and building energy optimization are now being widely adopted in the hospitality sector.

Based on hotel type, Business hotels are expected to have large market size during the forecast period, as business hotels provide their guests with unified communication capabilities that enable the guests to conduct conferences, meetings and connect to associates around the world.

Thus many tour groups and small conference groups find these hotels attractive.

About Company Information-

Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

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