DUBLIN–(BUSINESS WIRE)–The “Smart Hospitality – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.Global Smart Hospitality Market to Reach $58.1 Billion by 2027 Amid the COVID-19 crisis, the global market for Smart Hospitality estimated at US$ 13.9 Billion in the year 2020, is projected to reach a revised size of US$ 58.1 Billion by 2027, growing at a CAGR of 22.6% over the period 2020-2027.Software, one of the segments analyzed in the report, is projected to record 21% CAGR and reach US$ 34.7 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 25.5% CAGR for the next 7-year period.The U.S.Market is Estimated at $4.2 Billion, While China is Forecast to Grow at 22.2% CAGR The Smart Hospitality market in the U.S.is estimated at US$ 4.2 Billion in the year 2020.China, the world’s second largest economy, is forecast to reach a projected market size of US$ 10.2 Billion by the year 2027 trailing a CAGR of 22.2% over the analysis period 2020 to 2027.

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