Smart Hospitality Market worth $49.9 billion by 2027, growing at a CAGR of 29.8% Report by Marketsan
August 16, 2023 ⚊ 1 Min read ⚊ Views 47 ⚊ NEWSIncreasing technological solutions are changing how businesses operate and transforming business operations and work processes into integrated digital platforms to automate the whole work process and develop smart infrastructure. The smart hospitality industry encompasses a wide array of smaller intelligent components, such as room automation, energy management, safety & security, and infrastructure management. With the adoption of technological solutions such as Artificial Intelligence (AI), AR, VR, cloud computing, IoT, and big data technologies, the demand for better guest experience and energy usage management from cloud-based analytics systems is also expected to rise.
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