The global hotel operation system market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the rapidly growing tourism and hospitality industry throughout the globe. The hotel operating system helps the hotel with the front desk capabilities such as making reservations, check-in/ check-out, management of rooms, billing, and controlling financial transactions.
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Use of these technologies helps the hotel to reduce its dependence on a time-intensive spreadsheet, paper processes. The use of software as well IoT and various cloud-based programs will further help to increase efficiency. Many hotels are using robots to greet their customers as well as provide them with information. These factors are driving the global hotel operating system market during the forecast period. Furthermore, some of the key global market players include NEC Corp., Huawei Technologies Co. Ltd., IBM Corp., Cisco Systems, Inc., Oracle Corp., Siemens AG, Honeywell International, Inc, Maestro, Frontdesk Anywhere, Inc., Bitla Software Pvt. Ltd., and others.
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Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Deployment Type
o By End-Use
- Competitive Landscape – NEC Corp., Huawei Technologies Co. Ltd., IBM Corp., Cisco Systems, Inc., Oracle Corp., and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Hotel Operating System Market by Segment
By Deployment Type
- Cloud-Based
- On-Premises
By End-Use
- Large Enterprises
- SMEs
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