Visitor Management System Market 2021 : Segmentation Analysis, New Opportunities, Latest Trends, Size and Share Overview by Top Manufacturers and Forecast to 2030

In a recent published report, Kenneth Research has updated the market report for Visitor Management System Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Visitor Management System Market products.

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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further projected to touch USD 6 million by 2023.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

The Visitor Management System Market is expected to grow with a significant CAGR during the forecast period, i.e. 2021-2025, on the back of growing internet penetration around the world along with the rising adoption of smartphone. The statistics by the GSMA Intelligence stated that the total unique mobile subscribers as on May 2020 around the world was 5.24 billion.

Global Visitor Management System Market by System (Check-in & Check-out, Appointments, Security, Contractor Management, and Notifications), Industry (Critical Infrastructure, BFSI, IT & Telecom, Retail, Government, Manufacturing, and Others), and Region (North America, Europe, Asia Pacific, Middle East Africa, and Latin America) – Forecast up to 2025
This market research report includes a detailed segmentation of the global visitor management system market by system (check-in & check-out, appointments, security, contractor management, and notifications), industry (critical infrastructure, BFSI, IT & telecom, retail, government, manufacturing, and others), and region (North America, Europe, Asia Pacific, Middle East Africa, and Latin America). The market research report identifies iLobby, SwipedOn, Envoy, Proxyclick, Sine, Cogent Innovations, Traction Guest, Lobbipad, EasyLobby, and WhosOnLocation as the leading players in the global visitor management system market.

Overview of the Visitor Management System Market

Infoholic’s market research report predicts that the global visitor management system market will grow at a CAGR of more than 15% during the forecast period 2019-2025. The market trends for visitor management systems are primarily driven by the increasing demand from organizations to inspect and detect intruders in facilities. An integrated approach to screen and monitor visitors is driving the growth of the market. Industries and countries that are prone to security threats are expected to focus more on visitor management systems. The admin team is responsible for properly planning their activities when a visitor arrives at the facility.
Mobile notifications and alert systems help companies to optimize their revenue generation and enhance the customer experience. Globally, organizations are adopting various technologies to streamline the activities to ease out visitor monitoring.

According to our visitor management system market analysis, Europe accounts for the largest market share in 2019. With the presence of the high number of technology innovators and market disruptors in North America, the adoption of these platforms is expected to rapidly increase in the US and Canada. Several enterprises in this region are focusing on enhancing entire facilities with better security and visitor management. Asia Pacific is anticipated to grow substantially due to the market potential in China, India, & Australia and investments in IoT, mobility, & RFID. The visitor management system market is growing with an increase in investments from governments in smart infrastructure and construction.
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The Europe region is anticipated to grow at a high CAGR owing to the presence of many large & emerging enterprises in utilities and telecom equipment providers in Germany, UK, and France. The visitor management platform creates visibility and control for enterprises to plan guest, interviews, and maintenance works. The key components in the market would be various technology influx in bringing mobility and a centralized control system for visitors. The significant adoption of the visitor management system is witnessed in commercial and public buildings. Few of the societies are adopting the visitor management system, looking into the increasing need to monitor contractors and technicians in the housing societies. One of the most important features that a visitor management system provides is automation in processes, which were previously done by manual writings.

Visitor Management System Competitive Analysis and Key Vendors
The report covers and analyzes the visitor management system market. The system mainly consists of emerging players focusing on digital technologies, including IoT, RFID, and analytics. The key players in the market are adopting various organic growth strategies, i.e., new product launches and expansion strategies, to be in a strong position with distinguished products. The software modules help in pre-registration and agile & easy way to connect to guests or visitors for meetings. It also helps in keeping a database to check their previous visits, entry or exit, to the building or premises.

Some of the Key Vendors in the Visitor Management System Market:

? iLobby
? SwipedOn
? Envoy
? Proxyclick
? Sine
? Cogent Innovations
? Lobbipad
? TractionGuest
? WhosOnLocation

These companies are striving in the market sphere by leveraging smart and intelligent technologies that help visitor tracking in facilities. Most of the vendors are offering cloud-based visitor management software with web and mobile applications.

There are few other vendors that have been studied based on the portfolio, geographical presence, marketing & distribution channels, revenue generation, and significant investments in R&D for analysis of the entire ecosystem.

Visitor Management System Segmentation By System

? Check-in & Check-out
? Appointments
? Security
? Contractor Management
? Notifications

The notifications segment is expected to grow at the highest rate during the forecast period 2019-2025.

Visitor Management System Segmentation By Industry

? Critical Infrastructure
? BFSI
? IT & Telecom
? Retail
? Government
? Manufacturing
? Others

The IT & telecom segment is estimated to hold the largest market share in 2019, and this trend is likely to continue during the forecast period 2019-2025.

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Benefits

The report provides an in-depth analysis of the visitor management system market. The visitor management combines various technologies of automation, mobility, cloud, analytics, and visitor tracking capabilities with mobile apps to offer multiple innovative, intelligent features in enterprise visitor management. By analyzing and categorizing visitors, the vendors are expected to grow multi-folds during the forecast period. The adoption of digital technologies suffices security and identity management, along with smooth visitor co-ordination for managing visitors. The report discusses the market size in terms of system, industry, and region. Furthermore, the report provides details about the major challenges impacting the market growth.

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Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.

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