16 / 01 / 2017 Smart Hospitality Market Worth 18.11 Billion USD by 2021 / PR Newswire India /
endusers with a low cost of ownership . It also ensures the integrity of data backup while reducing the risk of expensive security breaches .
Europe is expected to hold the largest market share in the Smart Hospitality Market
As per the geographic analysis , Europe is likely to benefit from its technological advancements , robust internet infrastructure , and widespread adoption of new technologies . The need for better operational efficiency at a low operating cost is expected to bring continuous growth in the Smart Hospitality Market .
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The major vendors covered in the Smart Hospitality Market for this study include Schneider Electric ( RueilMalmaison , France ), Siemens AG ( Munich , Germany ), IBM Corporation ( New York , U . S .), BuildingIQ ( California , U . S .), Honeywell International ( New Jersey , U . S .), Winhotel Solutions ( Balearic Islands , Spain ), Cisco Systems , Inc . ( San Jose , U . S .), Oracle Corporation ( California , U . S .), Huawei Technologies ( Shenzhen , China ), Johnson Controls ( Wisconsin , U . S .), NEC Corporation ( Tokyo , Japan ), and Infor , Inc . ( New York , U . S .).
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