The article cited AMA's Global Hotel Rate Shopper Software Market Study explored substantial growth with CAGR of 8.0%. According the report, Integration of Artificial Intelligence and Tools for Efficient Working and Data Decision is one of the primary growth factors for the market. Rise in Demand for the Real Time Live Rate Tracking and Downloads for Revenue Management in Hotels is also expected to contribute significantly to the Hotel Rate Shopper Software market. Overall, Luxury & High-End Hotels applications of Hotel Rate Shopper Software, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.

AMA’s Analyst on the Global Hotel Rate Shopper Software market identified that the demand is rising in many different parts of the world as "Rise in Different Hospitality Concepts like Backpackers, Villas, and BnB". Furthermore, some recent industry insights like "In July 2020, Expedia Group launched its new hotel rate comparison tool. It offered benefits like discounts on flights, hotels, cruises, and car rentals, along with faster tier progression and perks at select properties." is constantly making the industry dynamic. One of the challenges that industry facing is "Less Awareness about the Hotel Rate Shopper Application"

The Enterprise Size, such as Small and Medium Enterprise, is boosting the Hotel Rate Shopper Software market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Deployment Type, such as Cloud Based, is boosting the Hotel Rate Shopper Software market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Pricing, such as Monthly, is boosting the Hotel Rate Shopper Software market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Features, such as Rate Comparison, is boosting the Hotel Rate Shopper Software market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Hotel Rate Shopper Software market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Hotel Rate Shopper Software market and other related sub-markets covered in the study.

o Key & emerging players in the Hotel Rate Shopper Software market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Hotel Rate Shopper Software market size is calculated using market estimation process, the Hotel Rate Shopper Software market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Hotel Rate Shopper Software market size has been validated using both top-down and bottom-up approaches.