The Generative AI in Hospitality Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Generative AI in Hospitality Market?
The market size for generative AI in hospitality has significantly increased in the past few years. It is projected to rise from $24.08 billion in 2024 to $34.22 billion in 2025, with a compound annual growth rate (CAGR) of 42.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Generative AI in Hospitality Industry?
The market size of generative AI in hospitality is predicted to reach $138.45 billion by 2029, growing at a compound annual growth rate of 41.8%.
Download Your Free Sample of the 2025 Generative AI in Hospitality Market Report and Uncover Key Trends Now!
What are the Key Growth Drivers Fueling the Generative AI in Hospitality Market?
The key drivers in the generative ai in hospitality market are:
• Growth of smart technology infrastructure and its enhanced integration capabilities
• Rising consumer preference for contactless services
• Increasing use of AI in guest personalization
• Expansion of global travel and tourism markets
Global Market Segmentation: Identifying Major Generative AI in Hospitality Industry Segments
The generative AI in hospitalitymarket covered in this report is segmented –
1) By Component: Software, Services
2) By Customer Size: Large Hotel Chains And Resorts, Small Boutique Hotels, Mid-Sized Hotels And Chains
3) By Application: Chatbots And Virtual Assistants, Personalized Recommendations, Demand Forecasting, Voice Assistants, Predictive Maintenance, Guest Experience Enhancement, Other Applications
Pre-order the 2025 Generative AI in Hospitality Global Market Report for Fast Delivery & Comprehensive Insights!
What are the emerging Trends Shaping the Future of the Generative AI in Hospitality Market?
The key trends in the generative ai in hospitality market are:
• Growth of AI-driven dynamic pricing models is a notable emerging trend.
• Expansion of virtual and augmented reality experiences in hospitality is increasing.
• Development of sophisticated AI-powered chatbots is on the rise.
• There is an emerging trend of AI-based predictive analytics for guest behavior and integration of AI with Internet of Things (IoT) devices.
Who Are the Top Competitors & Leading Players in the Generative AI in Hospitality Market?
Major companies in the generative ai in hospitality market are:
• Microsoft Corporation
• Amazon Web Services Inc.
• Accenture plc
• International Business Machines Corporation (IBM)
• Cisco Systems Inc.
• Oracle Corporation
• Honeywell International Inc.
• Fujitsu Limited
• Salesforce Inc.
• NVIDIA Corporation
• Google LLC (Google Cloud)
• NEC Corporation
• Adobe Inc.
• Zebra Technologies Corporation
• Amadeus IT Group SA
• Persado Inc.
• Aisera
• Master of Code Global
• Asksuite Hotel Chatbot
• 4Geeks LTD
Regional Dominance: Which Area Leads the Global Generative AI in Hospitality Market?
North America was the largest region in the generative AI in hospitality market in 2024
