New Jersey, USA -- (SBWire) -- 10/12/2022 --The Latest research coverage on Digital Transformation in Hospitality Management Market provides a detailed overview and accurate market size. The study is designed considering current and historical trends, market development and business strategies taken up by leaders and new industry players entering the market. Furthermore, study includes an in-depth analysis of global and regional markets along with country level market size breakdown to identify potential gaps and opportunities to better investigate market status, development activity, value and growth patterns.
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Major & Emerging Players in Digital Transformation in Hospitality Management Market:- 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), Sabre Corporation (United States).
The Digital Transformation in Hospitality Management Market Study by AMA Research gives an essential tool and source to Industry stakeholders to figure out the market and other fundamental technicalities, covering growth, opportunities, competitive scenarios, and key trends in the Digital Transformation in Hospitality Management market.
Digital transformation in hospitality management involves the digital advancement in the hospitality sector by digitalizing the asset, operation and increased use of the technology. As the digital transformation in hospitality management affects the customers, and process in hotels and thus impacting the experience of customers. With the COVID-19 situation worldwide there is an increasing need for the hospitality industry to restructure the technology and in managing the customer relationship for better service.
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.
The titled segments and sub-section of the market are illuminated below:
by Application (Food and Beverages, Travel and Tourism, Lodging, Recreation), Technology (Augmented Reality/Virtual Reality, Internet of Things, Mobile Integration, Others), Deployment (Cloud, On-Premises, IoT devices), End User (Management Staff, Tourists, Business Executive, Others)
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Market Drivers:
Increasing Demand for the Enhanced Customer Stay at the Hotel
Demand for Better Customer Management in the Hospitality Management
Market Trends:
Increasing Use of Application in the Digital Transformation in Hospitality Management
Introduction of Internet of Things (IoT) like Smart Rooms, Beacons & Tablets in the Digital Transformation in Hospitality Management
Opportunities:
Adoption of Augmented & Virtual Reality (AR / VR) in the Hotel's Exterior will Boost the Digital Transformation in Hospitality Management
Challenges:
Requirements fo the Skilled Staff to Manage the Digital Transformation in Hospitality Management
Some Point of Table of Content:
Chapter One: Report Overview
Chapter Two: Global Market Growth Trends
Chapter Three: Value Chain of Digital Transformation in Hospitality Management Market
Chapter Four: Players Profiles
Chapter Five: Global Digital Transformation in Hospitality Management Market Analysis by Regions
Chapter Six: North America Digital Transformation in Hospitality Management Market Analysis by Countries
Chapter Seven: Europe Digital Transformation in Hospitality Management Market Analysis by Countries
Chapter Eight: Asia-Pacific Digital Transformation in Hospitality Management Market Analysis by Countries
Chapter Nine: Middle East and Africa Digital Transformation in Hospitality Management Market Analysis by Countries
Chapter Ten: South America Digital Transformation in Hospitality Management Market Analysis by Countries
Chapter Eleven: Global Digital Transformation in Hospitality Management Market Segment by Types
Chapter Twelve: Global Digital Transformation in Hospitality Management Market Segment by Applications
What are the market factors that are explained in the Digital Transformation in Hospitality Management Market report?
– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.
– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.
– Analytical Tools: The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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Digital Transformation in Hospitality Management Market Is Booming Worldwide : Hospitality Digital, Infor, Cybage Software, Mitel Networks