Global Hotel PMS Market Growth (Status and Outlook) 2023-2029

Global Hotel PMS Market Growth (Status and Outlook) 2023-2029

In hotels a property management system, also known as a PMS, is a comprehensive software application used to cover objectives like coordinating the operational functions of front office, sales and planning, reporting etc.

LPI (LP Information)' newest research report, the “Hotel PMS Industry Forecast” looks at past sales and reviews total world Hotel PMS sales in 2022, providing a comprehensive analysis by region and market sector of projected Hotel PMS sales for 2023 through 2029. With Hotel PMS sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hotel PMS industry.

This Insight Report provides a comprehensive analysis of the global Hotel PMS landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hotel PMS portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hotel PMS market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hotel PMS and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hotel PMS.

The global Hotel PMS market size is projected to grow from US$ 993.3 million in 2022 to US$ 2116.3 million in 2029; it is expected to grow at a CAGR of 11.4% from 2023 to 2029.

Oracle OPERA is the biggest player in the global hotel PMS industry and holds over 10% of global market share. Geographically speaking, North America holds over 40% of global market share. In terms of type, cloud-based segment holds an important share of over 60%. In terms of end users, SMEs holds over 65% fo total market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Hotel PMS market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Cloud-based
On Premise
Mobile

Segmentation by application
SMEs
Large Enterprise

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Oracle OPERA
Maestro
StayNTouch
SkyTouch
Preno
innRoad
Cloudbeds
Guesty
WebRezPro
Frontdesk Anywhere
Kloudhotels
Djubo

Please note: The report will take approximately 2 business days to prepare and deliver.