The article cited AMA's Global Digital Transformation in Hospitality Management Market Study explored substantial growth with CAGR of %. According the report, Introduction of Internet of Things (IoT) like Smart Rooms, Beacons & Tablets in the Digital Transformation in Hospitality Management
is one of the primary growth factors for the market. Demand for Better Customer Management in the Hospitality Management
is also expected to contribute significantly to the Digital Transformation in Hospitality Management market. Overall, Food and Beverages
applications of Digital Transformation in Hospitality Management, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Control4 (United States), Genpact (United States), Mitel Networks Corporation (Canada), Cybage Software Pvt. Ltd (India), Accenture plc (Ireland), Oracle Corporation (United States), Hospitality Digital (Germany), Infor (United States), DXC Technology Company (United States) and Sabre Corporation (United States) may see astonishing sales in this Market and certainly improve revenue growth.
The Technology, such as Augmented Reality/Virtual Reality, is boosting the Digital Transformation in Hospitality Management 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, such as Cloud, is boosting the Digital Transformation in Hospitality Management 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 End User, such as Management Staff, is boosting the Digital Transformation in Hospitality Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Digital Transformation in Hospitality Management market identified that the demand is rising in many different parts of the world as "Adoption of Augmented & Virtual Reality (AR / VR) in the Hotel's Exterior will Boost the Digital Transformation in Hospitality Management". Furthermore, some recent industry insights like "On 4th February 2020, Koch Industries to acquire Infor, the investment and acquisition subsidiary of Koch Industries, has entered into a definitive agreement to acquire the remaining equity stake in Infor held by Golden Gate Capital. At the close of the transaction, Infor will become a standalone subsidiary of Koch Industries and will continue to be operated by the company's current management team from its headquarters in New York City." is constantly making the industry dynamic. One of the challenges that industry facing is "Requirements fo the Skilled Staff to Manage the Digital Transformation in Hospitality Management"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Digital Transformation in Hospitality Management market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Digital Transformation in Hospitality Management market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Digital Transformation in Hospitality Management market tight? Which application/end-user category or Product Type [] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
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 Digital Transformation in Hospitality Management market and other related sub-markets covered in the study.
o Key & emerging players in the Digital Transformation in Hospitality Management market have been observed through secondary research. o The industrys 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 Digital Transformation in Hospitality Management market size is calculated using market estimation process, the Digital Transformation in Hospitality Management 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 Digital Transformation in Hospitality Management market size has been validated using both top-down and bottom-up approaches.