A key factor analyzed by GMI for visitor management system market growth includes rising demand by myriad shops and malls for enhanced security and safety in storing the record of visitors lined with the elevating need for improvement in the administrative work across these establishments. A visitor management system is technology used for keeping a track of visitors entering a premise in a formal way. Companies operating in the business space have been relentlessly making efforts in putting forth novel innovations supporting the growth of overall visitor management system market.
The outbreak of COVID-19 pandemic has urged these companies to undertake strategic initiatives for product development that comply with the COVID-19 regulations while also adding to the full use of these systems. For instance, on June 2020, a Chandigarh headquartered cloud-based visitor management system leader- Vizitor announced offering companies a free touchless visitor management and contact tracing solution to support businesses operate successfully post lockdown.
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Growth will predominantly come from Asia Pacific region. This can be attributed to the increasing security standards across myriad end-user sectors like manufacturing, information technology, hospitality, and education. Further, the commercialization of AI and IoT technologies is offering an impetus to the adoption of visitor management system across the region. APAC visitor management system market would also witness lucrative growth in the upcoming years subject to the government’s emphasis on implementation of visitor management strategies to identify and predict potential threats.
IT and telecommunication, BFSI, retail, government and education, and healthcare and life sciences will continue to remain as key end-user segments in the visitor management system market. Of these, BFSI segment is poised to capture a considerable stake in the overall market share due to mounting security threats in the BFSI industry. Use of visitor management system solutions in the banking industry would allow enterprises to take intense security measures that would aid in reducing the threats while also offering them to track and identify actual clients. Installation of these systems also cut the cost of management of multiple systems.
This report provides a detailed and comprehensive analysis on the “Visitor Management System Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, Netherlands, China, India, Japan, Australia & New Zealand (ANZ), South Korea, Southeast Asia, Brazil, Mexico, Argentina, Colombia, South Africa, UAE, Saudi Arabia, Israel) Industrial Analysis Report, Growth Potential, 2020 – 2026”, including:
- Visitor management system market size, historical from 2015 to 2019 and annual forecast from 2020 to 2026
- Major visitor management system industry trends, technology evolution, economic indicators and business challenges
- Regulatory and geopolitical trends impacting the industry
- Business drivers and pitfalls impacting key regional markets
- Competitive landscape of the industry and detailed profiles on the major companies
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Companies mentioned in the report include:
- AlertEnterprise, Inc.,
- Asiatact Pte Ltd
- Digicred Technologies
- Envoy, Inc.
- Genetec, Inc.
- Honeywell International, Inc.
- Jolly Technologies, Inc.
- SmartSpace Global Ltd.
- Splan, Inc.
- Traction Guest, Inc.
- Vuetura Corporation
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