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:
The purpose of this report is to provide a thorough examination of the Visitor Management System Market by segments and geographics. The study goes into great detail on the primary factors influencing the Visitor Management System market’s growth. The study also offers a comprehensive analysis of the market’s value chain. The Global Visitor Management System Market was valued at US$ 931.2 million in 2021. The market for visitor management systems is expected to grow at a CAGR of 12.8% over 2022-2029, owing to an increased requirement for fraud detection and increased measures to prohibit unwanted access in companies.
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Market Scope:
The “Global Visitor Management System Market Analysis” is a detailed investigation of the Visitor Management System market, with a focus on global market trends and analysis. The goal of this research is to provide an overview of the Visitor Management System market as well as detailed market segmentation by application, end-use, and geography. The Visitor Management System market is expected to develop substantially over the forecast period. The study contains critical information on the market positions of the leading Visitor Management System players, as well as noteworthy industry trends and opportunities.
The research method used to assess and anticipate the Visitor Management System market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segment estimation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Visitor Management System market was calculated using the revenue of significant enterprises.
Segmentation:
by Product
• Software
• Services
• Professional Services
• Consulting.
• Deployment and integration
• Support and maintenance
• Managed Services
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.
by Deployment Type
• Cloud
• On-Premises
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.
by Application
• Historical visitor tracking
• Compliance management
• Security management
• Parking management
• Meeting room management
• Contact tracing
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.
by Organisation Size
• Large enterprises
• Small and medium-sized enterprises
by Vertical
•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
• Others
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. Due to increased internet usage, eCommerce, scalability, increased productivity, inventory visibility, systems integration, robust security, increased revenue, greater customer acquisition, larger marketing ROI, and data accessibility are just a few advantages that these solutions provide to businesses. The retail and eCommerce segment held a significant market share of 12.8% in 2021.
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Key Players:
The major players covered in the Visitor Management System market report are
• 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
Table Of Content:
- Visitor Management System Market: Research Methodology
- Visitor Management System Market: Executive Summary
- Market Overview and Definitions
- Introduction to Visitor Management System Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Visitor Management System Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Visitor Management System Market Segmentation
- Visitor Management System Market, by Organisation Size (2022-2029)
- Visitor Management System Market, by Product (2022-2029)
- Visitor Management System Market, by Application (2022-2029)
- Visitor Management System Market, by Deployment Type (2022-2029)
- Visitor Management System Market, by Vertical (2022-2029)
- Regional Residential Roofing Market(2022-2029)
- Regional Residential Roofing Market, by Organisation Size (2022-2029)
- Regional Residential Roofing Market, by Product (2022-2029)
- Regional Residential Roofing Market, by Application (2022-2029)
- Regional Residential Roofing Market, by Deployment Type (2022-2029)
- Regional Residential Roofing Market, by Vertical (2022-2029)
- Regional Residential Roofing Market, by Country (2022-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
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Regional Analysis:
Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
COVID-19 Impact Analysis on Visitor Management System Market:
Aerospace and defense, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 outbreak. COVID-19 has had an impact on the Visitor Management System market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spread. Our most recent inquiry, opinions, and bits of knowledge on the market are critical to the businesses and associations in the Visitor Management System industry,
Key Questions Answered in the Visitor Management System Market Report are:
- Which segment grabbed the largest share in the Visitor Management System market?
- What was the competitive scenario of the Visitor Management System market in 2021?
- Which are the key factors responsible for the Visitor Management System market growth?
- Which region held the maximum share in the Visitor Management System market in 2021?