Global Hotel And Hospitality Management Software Market Size & Outlook
The hotel and hospitality management software industry worldwide is expected to reach a projected revenue of US$ 6,287.0 million by 2030. A compound annual growth rate of 6.8% is expected of the worldwide hotel and hospitality management software industry from 2024 to 2030.
Revenue, 2023 (US$M)
$3,972.4
Forecast, 2030 (US$M)
$6,287.0
CAGR, 2024 - 2030
6.8%
Report Coverage
Worldwide
Global hotel and hospitality management software market, 2018-2030 (US$M)
Related Markets
Global hotel and hospitality management software market highlights
- The global hotel and hospitality management software market generated a revenue of USD 3,972.4 million in 2023 and is expected to reach USD 6,287.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.8% by 2030.
- In terms of segment, property management accounted for a revenue of USD 3,972.4 million in 2023.
- Property Management is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 3,972.4 million |
| Market revenue in 2030 | USD 6,287.0 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Property management |
| Fastest growing segment | Property Management |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Property Management |
Other key industry trends
- In terms of revenue, the North America accounted for 35.9% of the global hotel and hospitality management software market in 2023.
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Hotel and Hospitality Management Software Market Scope
Hotel and hospitality management software market segmentation & scope
Customer Relationship Management (CRM)
Central Reservation
Channel Management
Event Management
Inventory Management
Point-of-Sale
Revenue Management
Others
Deployment
Cloud
On-premises
Hybrid
End Use
Hotels
Resorts
Hostels
Restaurants and Bars
Others
Hotel and Hospitality Management Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global hotel and hospitality management software market size, by regions, 2018-2030 (US$M)
Related industry reports
Related regional statistics
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