India Smart Hospitality Market (2025-2031) Outlook | Share, Value, Revenue, Analysis, Size, Growth, Trends, Industry, Forecast, Companies

Market Forecast By Offering (Solutions, Services), By Services (Professional Services, Managed Services), By Solution (Property Management System, Guest Experience Management System, Integrated Security Management, Facility Management Software, Network Management Software, Point Of Sale Software), By Deployment Mode (Cloud, On-premises), By End User (Hotel, Cruise, Luxury Yatches, Others) And Competitive Landscape
Product Code: ETC4423945 Publication Date: Jul 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India Smart Hospitality Market Import Shipment Trend (2020-2024)

The smart hospitality market in India exhibited robust growth with a notable CAGR from 2020-2024. Although the growth rate slightly moderated between 2023 and 2024, indicating a stabilization, the overall trend shows a significant expansion in import shipments over the period.

Graph Showing India smart hospitality market Shipment Trend & Volume from 2020-2024

India Smart Hospitality Market Overview

The India Smart Hospitality market focuses on leveraging technology to enhance the guest experience in hotels, resorts, and other hospitality establishments. It includes a range of solutions such as smart room controls, guest service apps, and contactless check-in/check-out processes. This market is growing as the India hospitality industry adapts to changing guest expectations and the need for operational efficiency. Technology integration in the sector is driven by the desire to create personalized and convenient experiences for guests.

Drivers of the Market

The India Smart Hospitality Market is experiencing substantial growth due to the rising demand for personalized and tech-driven guest experiences. Smart hospitality solutions, including IoT devices, mobile apps, and automated check-in systems, enhance customer convenience and improve operational efficiency for hoteliers. Additionally, as the tourism industry in India continues to expand, the integration of technology-driven solutions not only streamlines hotel operations but also provides valuable insights through data analytics. Moreover, the increasing competition in the hospitality sector necessitates the adoption of innovative technologies to stand out and meet the evolving needs of modern travelers.

Challenges of the Market

The IoT integration market faces challenges concerning interoperability and data integration. Integrating diverse IoT devices and systems into a unified platform and ensuring data flows seamlessly can be daunting.

COVID-19 Impact on the Market

To adapt to changing guest expectations and safety concerns during the pandemic, the smart hospitality market saw increased adoption of contactless check-in/check-out, keyless entry, and IoT-based room control systems.

Key Players in the Market

In the smart hospitality market in India, key players are playing a crucial role in transforming the hospitality industry through innovative technologies. Companies such as Honeywell International India Pvt. Ltd., Siemens Limited, and Schneider Electric India Pvt. Ltd. are at the forefront, offering smart solutions that enhance guest experiences, optimize energy consumption, and improve operational efficiency in hotels and resorts. These players leverage IoT, automation, and energy management technologies to create intelligent and connected hospitality environments. Their commitment to innovation and sustainable solutions positions them as influencers in reshaping the future of smart hospitality in India.

Key Highlights of the Report:

  • India Smart Hospitality Market Outlook
  • Market Size of India Smart Hospitality Market, 2024
  • Forecast of India Smart Hospitality Market, 2031
  • Historical Data and Forecast of India Smart Hospitality Revenues & Volume for the Period 2021-2031
  • India Smart Hospitality Market Trend Evolution
  • India Smart Hospitality Market Drivers and Challenges
  • India Smart Hospitality Price Trends
  • India Smart Hospitality Porter's Five Forces
  • India Smart Hospitality Industry Life Cycle
  • Historical Data and Forecast of India Smart Hospitality Market Revenues & Volume By Offering for the Period 2021-2031
  • Historical Data and Forecast of India Smart Hospitality Market Revenues & Volume By Solutions for the Period 2021-2031
  • Historical Data and Forecast of India Smart Hospitality Market Revenues & Volume By Services for the Period 2021-2031
  • Historical Data and Forecast of India Smart Hospitality Market Revenues & Volume By Services for the Period 2021-2031
  • Historical Data and Forecast of India Smart Hospitality Market Revenues & Volume By Professional Services for the Period 2021-2031
  • Historical Data and Forecast of India Smart Hospitality Market Revenues & Volume By Managed Services for the Period 2021-2031
  • Historical Data and Forecast of India Smart Hospitality Market Revenues & Volume By Solution for the Period 2021-2031
  • Historical Data and Forecast of India Smart Hospitality Market Revenues & Volume By Property Management System for the Period 2021-2031
  • Historical Data and Forecast of India Smart Hospitality Market Revenues & Volume By Guest Experience Management System for the Period 2021-2031
  • Historical Data and Forecast of India Smart Hospitality Market Revenues & Volume By Integrated Security Management for the Period 2021-2031
  • Historical Data and Forecast of India Smart Hospitality Market Revenues & Volume By Facility Management Software for the Period 2021-2031
  • Historical Data and Forecast of India Smart Hospitality Market Revenues & Volume By Network Management Software for the Period 2021-2031
  • Historical Data and Forecast of India Smart Hospitality Market Revenues & Volume By Point Of Sale Software for the Period 2021-2031
  • Historical Data and Forecast of India Smart Hospitality Market Revenues & Volume By Deployment Mode for the Period 2021-2031
  • Historical Data and Forecast of India Smart Hospitality Market Revenues & Volume By Cloud for the Period 2021-2031
  • Historical Data and Forecast of India Smart Hospitality Market Revenues & Volume By On-premises for the Period 2021-2031
  • Historical Data and Forecast of India Smart Hospitality Market Revenues & Volume By End User for the Period 2021-2031
  • Historical Data and Forecast of India Smart Hospitality Market Revenues & Volume By Hotel for the Period 2021-2031
  • Historical Data and Forecast of India Smart Hospitality Market Revenues & Volume By Cruise for the Period 2021-2031
  • Historical Data and Forecast of India Smart Hospitality Market Revenues & Volume By Luxury Yatches for the Period 2021-2031
  • Historical Data and Forecast of India Smart Hospitality Market Revenues & Volume By Others for the Period 2021-2031
  • India Smart Hospitality Import Export Trade Statistics
  • Market Opportunity Assessment By Offering
  • Market Opportunity Assessment By Services
  • Market Opportunity Assessment By Solution
  • Market Opportunity Assessment By Deployment Mode
  • Market Opportunity Assessment By End User
  • India Smart Hospitality Top Companies Market Share
  • India Smart Hospitality Competitive Benchmarking By Technical and Operational Parameters
  • India Smart Hospitality Company Profiles
  • India Smart Hospitality Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Smart Hospitality Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Smart Hospitality Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Smart Hospitality Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Smart Hospitality Market Revenues & Volume, 2021 & 2031F

3.3 India Smart Hospitality Market - Industry Life Cycle

3.4 India Smart Hospitality Market - Porter's Five Forces

3.5 India Smart Hospitality Market Revenues & Volume Share, By Offering , 2021 & 2031F

3.6 India Smart Hospitality Market Revenues & Volume Share, By Services, 2021 & 2031F

3.7 India Smart Hospitality Market Revenues & Volume Share, By Solution , 2021 & 2031F

3.8 India Smart Hospitality Market Revenues & Volume Share, By Deployment Mode, 2021 & 2031F

3.9 India Smart Hospitality Market Revenues & Volume Share, By End User , 2021 & 2031F

4 India Smart Hospitality Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for personalized guest experiences

4.2.2 Growing adoption of IoT and smart technologies in the hospitality industry

4.2.3 Government initiatives promoting digital transformation in the hospitality sector

4.3 Market Restraints

4.3.1 High initial investment costs for implementing smart hospitality solutions

4.3.2 Concerns regarding data security and privacy

4.3.3 Lack of skilled professionals to manage and maintain smart technologies in hospitality establishments

5 India Smart Hospitality Market Trends

6 India Smart Hospitality Market, By Types

6.1 India Smart Hospitality Market, By Offering

6.1.1 Overview and Analysis

6.1.2 India Smart Hospitality Market Revenues & Volume, By Offering , 2021-2031F

6.1.3 India Smart Hospitality Market Revenues & Volume, By Solutions, 2021-2031F

6.1.4 India Smart Hospitality Market Revenues & Volume, By Services, 2021-2031F

6.2 India Smart Hospitality Market, By Services

6.2.1 Overview and Analysis

6.2.2 India Smart Hospitality Market Revenues & Volume, By Professional Services, 2021-2031F

6.2.3 India Smart Hospitality Market Revenues & Volume, By Managed Services, 2021-2031F

6.3 India Smart Hospitality Market, By Solution

6.3.1 Overview and Analysis

6.3.2 India Smart Hospitality Market Revenues & Volume, By Property Management System, 2021-2031F

6.3.3 India Smart Hospitality Market Revenues & Volume, By Guest Experience Management System, 2021-2031F

6.3.4 India Smart Hospitality Market Revenues & Volume, By Integrated Security Management, 2021-2031F

6.3.5 India Smart Hospitality Market Revenues & Volume, By Facility Management Software, 2021-2031F

6.3.6 India Smart Hospitality Market Revenues & Volume, By Network Management Software, 2021-2031F

6.3.7 India Smart Hospitality Market Revenues & Volume, By Point Of Sale Software, 2021-2031F

6.4 India Smart Hospitality Market, By Deployment Mode

6.4.1 Overview and Analysis

6.4.2 India Smart Hospitality Market Revenues & Volume, By Cloud, 2021-2031F

6.4.3 India Smart Hospitality Market Revenues & Volume, By On-premises, 2021-2031F

6.5 India Smart Hospitality Market, By End User

6.5.1 Overview and Analysis

6.5.2 India Smart Hospitality Market Revenues & Volume, By Hotel, 2021-2031F

6.5.3 India Smart Hospitality Market Revenues & Volume, By Cruise, 2021-2031F

6.5.4 India Smart Hospitality Market Revenues & Volume, By Luxury Yatches, 2021-2031F

6.5.5 India Smart Hospitality Market Revenues & Volume, By Others, 2021-2031F

7 India Smart Hospitality Market Import-Export Trade Statistics

7.1 India Smart Hospitality Market Export to Major Countries

7.2 India Smart Hospitality Market Imports from Major Countries

8 India Smart Hospitality Market Key Performance Indicators

8.1 Average daily rate (ADR) of smart-enabled rooms

8.2 Percentage increase in repeat bookings post-implementation of smart technologies

8.3 Energy efficiency improvements in smart hotels

8.4 Guest satisfaction scores related to smart technology usage

8.5 Percentage of revenue generated from ancillary services through smart technology integration

9 India Smart Hospitality Market - Opportunity Assessment

9.1 India Smart Hospitality Market Opportunity Assessment, By Offering , 2021 & 2031F

9.2 India Smart Hospitality Market Opportunity Assessment, By Services, 2021 & 2031F

9.3 India Smart Hospitality Market Opportunity Assessment, By Solution , 2021 & 2031F

9.4 India Smart Hospitality Market Opportunity Assessment, By Deployment Mode, 2021 & 2031F

9.5 India Smart Hospitality Market Opportunity Assessment, By End User , 2021 & 2031F

10 India Smart Hospitality Market - Competitive Landscape

10.1 India Smart Hospitality Market Revenue Share, By Companies, 2024

10.2 India Smart Hospitality Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Related Reports

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All