Visitor Management System Market size was valued at US$ 931.2 Mn. in 2021 and the total revenue is expected to grow at 12.8% through 2021 to 2029, reaching nearly US$ 2440.8 Mn.
Visitor Management System Market Overview
A new report published by Global Market Intelligence firm, Maximize Market Research, indicates that the Visitor Management System Market is expected to grow significantly in the coming years. The report identifies the key drivers of growth, as well as the major restraints and challenges that the market is facing. It also provides insights into the potential opportunities that exist in the market.
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Visitor Management System Market Regional Analysis
The Visitor Management System market report provides a comprehensive overview of the market, including its geographic condition, market size and share, business network structure, opportunities, and news updates.
Visitor Management System Market Scope
The report provides current Visitor Management System market trends and regional insights, including demand, supply, and sales, as well as recent changes in the market. It focuses on the key drivers and restraints for key players, as well as the current competitive landscape. The report also provides the latest data on market statistics, future developments, size, and emerging trends, which can help you identify the products and end users that are driving revenue growth and profitability. It also includes company profiles, product specifications, production capacity/sales, revenue, price, gross margin, and sales by product.
Visitor Management System Market Segmentation
The market for visitor management systems is further divided into segments based on component, including software, services, professional services, consulting, deployment and integration, support and maintenance, and managed services.
12.8% of the market was occupied by the software sector in 2021. One of the key reasons for the market's explosive growth is a change from optional to obligatory product usage, especially in the wake of the COVID-19 pandemic outbreak. The need for social distancing solutions, such visitor management systems, has developed as people's awareness of personal hygiene and attention to maintaining the working environment has grown in diverse geographic locations.
The worldwide visitor management system market is further divided into two deployment types: cloud and on-premises. In 2021, the cloud segment had a market share of more than 63.0%. As a result of the software's created data being stored in the cloud, it is more quickly available, has access to automatic upgrades, and has fewer IT costs. Your IT systems may cost less to administer and maintain if you use cloud computing.
The global visitor management system market is divided into the following vertical markets: banking, financial services, and insurance; healthcare and life sciences; telecom and IT; retail and eCommerce; manufacturing; travel and hospitality; government and public sector; transportation and logistics; energy and utilities; and others, among others.
The market for visitor management systems is divided into historical visitor tracking, compliance management, security management, parking management, meeting room management, and contact tracing on the basis of application. 12.8% of the market was occupied by the compliance management category in 2021. Major problems have been brought about by rising frauds and crimes across a variety of industries, including banking, finance, telecommunications, and information technology. Modern visitor management software helps every area of compliance management and fraud detection, from transactions and securities to risk analytics, by integrating it with advanced electronic protection, video surveillance, biometric recognition, and database control. This leads to a higher growth of compliance management and fraud detection in the market.
Visitor Management System Market Size and Forecast, by Product (2021-2029)
1. Software
2. Services
3. Professional Services
4. Consulting.
5. Deployment and integration
6. Support and maintenance
7. Managed Services
Visitor Management System Market Size and Forecast, by Deployment Type (2021-2029)
1. Cloud
2. On-Premises
Visitor Management System Market Size and Forecast, by Application (2021-2029)
3. Historical visitor tracking
3. Compliance management
3. Security management
4. Parking management
5. Meeting room management
6. Contact tracing
Visitor Management System Market Size and Forecast, by Organisation Size (2021-2029)
1. Large enterprises
2. Small and medium-sized enterprises
Visitor Management System Market Size and Forecast, by Vertical (2021-2029)
1. Banking, Financial Services, and Insurance
2. Healthcare and life sciences
3. Telecom and it
4. Retail and ecommerce
5. Manufacturing
6. Travel and hospitality
7. Government and public sector
8. Transportation and logistics
9. Energy and utilities
Visitor Management System Market Size and Forecast, by Region (2021-2029)
1. North America
2. Europe
3. Asia Pacific
4. Middle East and Africa
5. South America
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Visitor Management System Market Key Players
• Pitney Bowes
• Honeywell
• Envoy
• Proxyclick
• SmartSpace Software Plc
• AlertEnterprise
• iLobby
• Qminder
• InVentry
• Genetec
• Jolly Technologies
• MRI Software
• Parabit Systems
• Veristream
• Vuetura
• Asiatact
• Splan, Greetly
• HID Global
• Vizmo
• Traction Guest
• VersionX
• Veris
• Visitorz.io
• Heptagon Technologies
• piLOBI
• Visitly
• Carson Living
• Wellcome.me
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Key Questions answered in the Visitor Management System Market Report are:
- What is Visitor Management System?
- What is the forecast period of the Visitor Management System Market?
- What is the expected Visitor Management System market size by the end of the forecast period?
- What will be the CAGR of the Visitor Management System market during the forecast period?
- Who are the key players in the Visitor Management System industry?
- Which region held the largest market share in the Visitor Management System Market?
- What are the opportunities for the Visitor Management System Market?
- What are the factors restraining the Visitor Management System market growth?
Key Offerings:
- Past Market Size and Competitive Landscape (2017 to 2021)
- Past Pricing and price curve by region (2017 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis of segments and their sub-segments
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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