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The BFSI sector accounts for a significant portion of the visitor management system market share. Organisations in this sector are attempting to enhance the security of customers’ data and records while facilitating smooth check-in with improved speed and accuracy. This is boosting the demand for visitor management systems that can streamline check-in processes, securely log the entry of visitors, track visitors, and provide insights into visitor demographics and peak visitor times.
As per the visitor management system market analysis, the demand for the product in North America is significantly rising. This can be attributed to the rising emphasis on data privacy and safety in different end-use sectors such as healthcare, education, BFSI, and government, among others. In addition to this, the presence of leading players, coupled with increasing investments in technological advancements and innovations, is anticipated to fuel the market demand in the coming years.
Meanwhile, the Asia Pacific is expected to witness a healthy growth in the forecast period due to the rising focus on providing a seamless and comfortable entry experience to employees. The introduction of various government initiatives that require organisations to maintain visitor records is also likely to bolster the visitor management system market growth in the forecast period.
Visitor Management System Market Size
Visitor Management System Market Analysis
Visitor Management System Market Share
Visitor Management System Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market attained a value of nearly USD 1.66 billion.
The market is assessed to grow at a CAGR of 15.9% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 6.26 billion by 2032.
The growing emphasis on security among businesses and the rising deployment of cloud-based visitor management systems are the major market drivers.
The key trends supporting the market demand are the surging preference for solutions offering customisation benefits, the growing focus of businesses to streamline check-in processes, and rising emphasis on data privacy and safety in different end-use sectors.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major components of visitor management systems are software and services.
The different end uses of visitor management systems are banking, financial services, and insurance, healthcare and life sciences, telecom and IT, retail and ecommerce, travel and hospitality, government and public sector, transportation and logistics, and energy and utilities, among others.
The major players in the market are Honeywell International Inc., AlertEnterprise, Inc., Envoy, Inc., iLobby, InVentry Limited, Jolly Technologies Inc., HID Global Corporation, Veristream, LLC, piLOBI, and Swiped On Limited, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124