Worldwide Visitor Management System Industry to 2025 - Favorable Government Support with Regulatory Compliance Presents Opportunities
DUBLIN, Feb. 5, 2021 /PRNewswire/ -- The "Global Visitor Management System Market (2020-2025) by Component, Application, Organization Size, Deployment, Vertical, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Visitor Management Systems Market is estimated to be USD 870 Mn in 2020 and is expected to reach USD 1,602.9 Mn by 2025, growing at a CAGR of 13%.
Key factors such as the rising security breaches at various customer touchpoints have demanded a need for systemic regulatory compliance to address these security-related issues. Additionally, there has been a growing adoption of software-based security solutions in developing Visitor Management Systems (VMS). These solutions are likely to prevent unwanted visitors by tracking them through VMS's various surveillance mechanisms. This has fuelled the demand for a visitor management system market across multiple industry sectors. Besides, the preference for paper-less administration activities is likely to drive the growth of this market further.
The issues related to data vulnerability and considerably slow amounts of customer adoption rates in deployment attributed to the hindrances in solution deployment and low awareness are likely to restrain the market growth.
Market Dynamics
Drivers
- Rising Security Breaches
- Rising Regulatory Compliance with the Adoption of Data Protection Regulations such as GDPR, And ITAR etc.
- Increasing Adoption of Software-Based Security Solutions
- Increasing Adoption of Paper-Less Administrative Activities
Restraints
- Slow Progress in Customer Adaptation
- High Data Vulnerability Issues
Opportunities
- Increase in Investments from Governments in Smart Infrastructure
- Mounting Use of AI, IoT, and Big Data to Get a Better Visitor Management System
- Favorable Government Support with Regulatory Compliance
- Growing Need to Access Visitor Records across Various Touch Points
Challenges
- Low Awareness about the Visitor Management Systems
The Global Visitor Management System Market is segmented further based on Component, Application, Organization Size, Deployment, Vertical, and Geography.
Global Visitor Management System Market, By Component
- Introduction
- Software
- Services
- Managed Services
- Professional Services
- Consulting
- Deployment and integration
Global Visitor Management System Market, By Application
- Introduction
- Historical Visitor Tracking
- Compliance Management And Fraud Detection
- Security Management
- Parking Management
- Meeting Room Management
Global Visitor Management System Market, By Organization Size
- Introduction
- Large Enterprises
- Small and Medium-Sized Enterprises
Global Visitor Management System Market, By Deployment
- Introduction
- On-Premises
- Cloud-Based
Global Visitor Management System Market, By Vertical
- Introduction
- Healthcare and Life Sciences
- BFSI
- Telecom and Information Technology
- Retail and Consumer Goods
- Manufacturing
- Travel and Hospitality
- Government and Defence
- Others (logistics, media, and entertainment)
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Global Visitor Management System Market, By Geography
- Introduction
- North America
- South America
- Europe
- Asia Pacific
- Rest of the World
Company Profiles Some of the companies covered in this report are Envoy, Veristream, Proxyclick, Traction Guest, Greetly, Tyco, ATT Systems, Visito, Honeywell Access Control, Quantum Automation, Chubb Fire & Security Ltd, etc.
Competitive Quadrant The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Lions: Represents companies with a strong foothold in the market, with the highest market share, large investments in technologies, new products. Bulls: Companies that are medium in size competing with their USPs, growing companies with proven market share. Rabbits: Small companies but growing rapidly, constantly improving their offerings in the market. Tortoise: Companies that are slow in growth, having a long legacy, and stable or negative in performance.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Visitor Management System Market.
- The report includes in-depth qualitative analysis, verifiable data from authentic sources and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes in-depth market analysis using Porter's 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
- The report also contains a competitive analysis using Positioning Quadrants, a Proprietary competitive positioning tool.
Report Highlights:
- A complete analysis of the market including parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Key Topics Covered:
1 Report Description 1.1 Study Objectives 1.2 Market Definition 1.3 Currency 1.4 Years Considered 1.5 Language 1.6 Key Shareholders
2 Research Methodology 2.1 Research Process 2.2 Data Collection and Validation 2.2.1 Secondary Research 2.2.2 Primary Research 2.3 Market Size Estimation 2.4 Assumptions of the Study 2.5 Limitations of the Study
3 Executive Summary
4 Market Overview 4.1 Introduction 4.2 Market Dynamics 4.2.1 Drivers 4.2.2 Restraints 4.2.3 Opportunities 4.2.4 Challenges 4.3 Trends
5 Market Analysis 5.1 Porter's Five Forces Analysis 5.2 Impact of COVID-19 5.3 Ansoff Matrix Analysis
6 Global Visitor Management System Market, By Component 6.1 Introduction 6.2 Software 6.3 Services 6.3.1 Managed Services 6.3.2 Professional Services 6.3.2.1 Consulting 6.3.2.2 Deployment and integration
7 Global Visitor Management System Market, By Application 7.1 Introduction 7.2 Historical Visitor Tracking 7.3 Compliance Management and Fraud Detection 7.4 Security Management 7.5 Parking Management 7.6 Meeting Room Management
8 Global Visitor Management System Market, By Organization Size 8.1 Introduction 8.2 Large Enterprises 8.3 Small and Medium-Sized Enterprises
9 Global Visitor Management System Market, By Deployment 9.1 Introduction 9.2 On-Premises 9.3 Cloud -Based
10 Global Visitor Management System Market, By Vertical 10.1 Introduction 10.2 Healthcare and Life Sciences 10.3 BFSI 10.4 Telecom and Information Technology 10.5 Retail and Consumer Goods 10.6 Manufacturing 10.7 Travel and Hospitality 10.8 Government and Defense 10.9 Others (logistics, and media and entertainment)
11 Global Visitor Management System Market, By Geography 11.1 Introduction 11.2 North America 11.2.1 US 11.2.2 Canada 11.2.3 Mexico 11.3 South America 11.3.1 Brazil 11.3.2 Argentina 11.4 Europe 11.4.1 UK 11.4.2 France 11.4.3 Germany 11.4.4 Italy 11.4.5 Spain 11.4.6 Rest of Europe 11.5 Asia-Pacific 11.5.1 China 11.5.2 Japan 11.5.3 India 11.5.4 Indonesia 11.5.5 Malaysia 11.5.6 South Korea 11.5.7 Australia 11.5.8 Russia 11.5.9 Rest of APAC 11.6 Rest of the World 11.6.1 Qatar 11.6.2 Saudi Arabia 11.6.3 South Africa 11.6.4 United Arab Emirates 11.6.5 Latin America
12 Competitive Landscape 12.1 IGR Competitive Quadrant 12.2 Market Share Analysis 12.3 Competitive Scenario 12.3.1 Mergers & Acquisitions 12.3.2 Agreements, Collaborations, & Partnerships 12.3.3 New Product Launches & Enhancements 12.3.4 Investments & Fundings
13 Company Profiles 13.1 Envoy 13.2 Veristream 13.3 Proxyclick 13.4 Traction Guest 13.5 SwipedOn 13.6 iLobby 13.7 Sine 13.8 ALICE Receptionist 13.9 KeepnTrack 13.10 Vizito 13.11 Greetly 13.12 HID Global (EasyLobby) 13.13 Tyco 13.14 Honeywell Access Control 13.15 Chubb Fire & Security Ltd 13.16 Quantum Automation 13.17 Raptor Technologies LLC 13.18 ATT Systems 13.19 Embassy IT Solutions 13.20 Hashmicro 13.21 Octopus Systems 13.22 RIW Software Technology 13.23 Alertenterprise 13.24 Smartspace Software Plc 13.25 Inventry 13.26 Genetec 13.27 Whosonlocation 13.28 Qminder 13.29 Jolly Technologies 13.30 Parabit Systems 13.31 Vuetura 13.32 Asiatact 13.33 Versionx 13.34 Splan 13.35 Digicred Technologies
14 Appendix 14.1 Questionnaire
For more information about this report visit https://www.researchandmarkets.com/r/2z95ml
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