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Hotel and Hospitality Management Software Market in Malaysia 2018-2022

Hotel and Hospitality Management Software Market in Malaysia 2018-2022

Published: Oct 2018 117 Pages SKU: IRTNTR23961

Check out some interesting facts about the hotel and hospitality management software market in Malaysia

 

The hotel and hospitality management software market in Malaysia is driven by rising demand for mobility

The growth of the hotel and hospitality management software market in Malaysia is driven by rising demand for mobility. Over the past few years, millions of dollars have been invested in upgrading hotels with tablets and mobile devices, assuming guests would prefer a digital check-in experience. The growing number of international tourists visiting Malaysia is likely to contribute to the demand for hotel management system software. In addition, it is forecasted that the number of international tourists in Malaysia will increase to 33 million by 2020, which is expected to boost the growth of the hotel and hospitality management software market in Malaysia.

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Cloud integration is gaining momentum in the hotel and hospitality management software market in Malaysia

The demand for cloud-based integration of hotel and hospitality management systems is increasing among hotels in Malaysia. The SaaS-based model provides access to the application via web-based browsers, wherein the admin has previously defined the access level and processes across the organization. SaaS-based hotel management software features provide easy access and mobility to users with mobile devices, which is likely to influence the growth of the hotel and hospitality management software market in Malaysia.

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Cisco Systems, IBM, and Oracle are among the top vendors in the hotel and hospitality management software market in Malaysia

The hotel and hospitality management software market in Malaysia is expected to become highly fragmented with the presence of several international and regional vendors that offer several types of hotel management system software. Several companies are developing applications for mobile devices, including iOS and Android devices, to increase their market share and stay competitive in the market. Hotels in Malaysia are phasing out the traditional manual registration desk process with newer technologies and innovative hotel management software features. Many international and regional vendors are vying for their share of the market, and players must differentiate themselves to gain vital traction over their peers by offering the best hotel and hospitality management software in Malaysia.

This report offers a complete analysis of several companies, including:

  • Cisco Systems
  • IBM
  • Oracle
  • Sabre
  • SAP
  • Siemens

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Table of Contents not available.

Research Methodology

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Frequently Asked Questions

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The market is expected to grow at a CAGR of %.

market is segmented by

are a few of the key vendors in the market.

will register the highest growth rate of % among the other regions. Therefore, the market in is expected to garner significant business opportunities for the vendors during the forecast period.

  • is the driving factor this market.

The market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.