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Global Visitor Management System Market (2023-2028) by Components, Deployment, Organization Size, Applications, Vertical, and Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis

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  • 196 Pages
  • January 2023
  • Region: Global
  • Infogence Global Research
  • ID: 5696831

Quick Summary:

In an era driven by technological advancement, market intelligence is paramount to business success. The Global Visitor Management System Market is at the center of this revolution. As diverse industries further embrace digitalisation, visitor management systems have become integral operational components. These systems facilitate secure, efficient visitor access and visitor data management, proving critical across various sectors like BFSI, Healthcare, IT, and Government among others. Utilising such technology can optimise operations, boost security, and improve customer experiences, fostering a more streamlined and proactive business strategy.

This comprehensive report provides robust insights into the market landscape, including market dynamics, segmentations, and key player profiles such as MRI Software, LLC and Proxyclick. In-depth analysis employing tools like Porter's 5 forces model and the Ansoff Matrix reveal pertinent trends and strategies, assisting in informed decision-making. With a particular focus on factors impacting supply and demand, financial performance of market players, and region-specific information, this report is an invaluable resource for business executives seeking a competitive edge in the Global Visitor Management System Market.

With the development of technology and information, people are very focused on the privacy security problem

The Global Visitor Management System Market is estimated to be USD 1.22 Bn in 2023 and is expected to reach USD 2.2 Bn by 2028, growing at a CAGR of 12.50%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The Global Visitor Management System Market is segmented based on Components, Deployment, Organization Size, Applications, Vertical, and Geography.
  • By Components, the market is classified into Software and Services.
  • By Deployment, the market is classified into Cloud and On-premises.
  • By Organization Size, the market is classified into Large Enterprises, and Small and Medium-Sized Enterprises.
  • By Applications, the market is classified into Compliance Management & Fraud Detection, Contact Tracing, Historical Visitor Tracking, Meeting Room Management, Parking Management, and Security Management.
  • By Vertical, the market is classified into BFSI, Retail & E-commerce , Government & Défense , Healthcare , IT , Energy & Utilities , Manufacturing , and Others.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are MRI Software, LLC, Octopus Systems, Parabit Systems, Proxyclick, Raptor Technologies LLC, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes a 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.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Visitor Management System Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Visitor Management System Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

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 an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's 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
Frequently Asked Questions about the Global Visitor Management System Market

What is the estimated value of the Global Visitor Management System Market?

The Global Visitor Management System Market was estimated to be valued at $1.22 Billion in 2023.

What is the growth rate of the Global Visitor Management System Market?

The growth rate of the Global Visitor Management System Market is 12.5%, with an estimated value of $2.2 Billion by 2028.

What is the forecasted size of the Global Visitor Management System Market?

The Global Visitor Management System Market is estimated to be worth $2.2 Billion by 2028.

Who are the key companies in the Global Visitor Management System Market?

Key companies in the Global Visitor Management System Market include AlertEnterprise Inc., ALICE Receptionist, ATT System Pte Ltd., Chubb Fire & Security Ltd., Envoy, Genetec, HID Global, Honeywell International Inc., iLobby and Jolly Technologies Inc..

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders

2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study

3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook

4 Market Dynamics
4.1 Drivers
4.1.1 Growing Adoption of Software-based Security Solutions
4.1.2 Increasing Adoption of Paperless Administrative Activities
4.1.3 Rising Need for an Enhanced Visitor Experience
4.2 Restraints
4.2.1 Slow Progress in Customer Adaptation
4.3 Opportunities
4.3.1 Mounting Use of AI, IoT, and Big Data to Get a Better Visitor Management System
4.3.2 Favorable Government Support with Regulatory Compliance
4.3.3 Growing Need to Access Visitor Records across Various Touch Points
4.4 Challenges
4.4.1 Concerns Regarding Data Safety and Security Issues
4.4.2 Challenges in Solution Deployment and Visitor Policies
4.4.3 Low Awareness about the Visitor Management Systems

5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 PESTLE Analysis
5.4 SWOT Analysis
5.5 Impact of COVID-19
5.6 Impact of Economic Slowdown & Impending Recession
5.7 Ansoff Matrix Analysis

6 Global Visitor Management System Market, By Components
6.1 Introduction
6.2 Software
6.3 Services
6.3.1 Managed Services
6.3.2 Professional Services
6.3.3 Consulting
6.3.4 Deployment and integration

7 Global Visitor Management System Market, By Deployment
7.1 Introduction
7.2 Cloud
7.3 On-premises

8 Global Visitor Management System Market, By Organization Size
8.1 Introduction
8.2 Large Enterprises
8.3 Small & Medium-Sized Enterprises

9 Global Visitor Management System Market, By Applications
9.1 Introduction
9.2 Historical Visitor Tracking
9.3 Compliance Management & Fraud Detection
9.4 Security Management
9.5 Parking Management
9.6 Meeting Room Management

10 Global Visitor Management System Market, By Vertical
10.1 Introduction
10.2 Healthcare & Life Sciences
10.3 BFSI
10.4 Telecom & Information Technology
10.5 Retail and Consumer Goods
10.6 Manufacturing
10.7 Travel & Hospitality
10.8 Government & Defense
10.9 Others (Logistics, Media & Entertainment)

11 Americas' Visitor Management System Market
11.1 Introduction
11.2 Argentina
11.3 Brazil
11.4 Canada
11.5 Chile
11.6 Colombia
11.7 Mexico
11.8 Peru
11.9 United States
11.10 Rest of Americas

12 Europe's Visitor Management System Market
12.1 Introduction
12.2 Austria
12.3 Belgium
12.4 Denmark
12.5 Finland
12.6 France
12.7 Germany
12.8 Italy
12.9 Netherlands
12.10 Norway
12.11 Poland
12.12 Russia
12.13 Spain
12.14 Sweden
12.15 Switzerland
12.16 United Kingdom
12.17 Rest of Europe

13 Middle East and Africa's Visitor Management System Market
13.1 Introduction
13.2 Egypt
13.3 Israel
13.4 Qatar
13.5 Saudi Arabia
13.6 South Africa
13.7 United Arab Emirates
13.8 Rest of MEA

14 APAC's Visitor Management System Market
14.1 Introduction
14.2 Australia
14.3 Bangladesh
14.4 China
14.5 India
14.6 Indonesia
14.7 Japan
14.8 Malaysia
14.9 Philippines
14.10 Singapore
14.11 South Korea
14.12 Sri Lanka
14.13 Thailand
14.14 Taiwan
14.15 Rest of Asia-Pacific

15 Competitive Landscape
15.1 Competitive Quadrant
15.2 Market Share Analysis
15.3 Strategic Initiatives
15.3.1 M&A and Investments
15.3.2 Partnerships and Collaborations
15.3.3 Product Developments and Improvements

16 Company Profiles
16.1 AlertEnterprise Inc.
16.2 ALICE Receptionist
16.3 ATT System Pte Ltd.
16.4 Chubb Fire & Security Ltd.
16.5 Envoy
16.6 Genetec
16.7 HID Global
16.8 Honeywell International Inc.
16.9 iLobby
16.10 Jolly Technologies Inc.
16.11 KeepnTrack
16.12 MRI Software, LLC
16.13 Octopus Systems
16.14 Parabit Systems
16.15 Proxyclick
16.16 Raptor Technologies LLC
16.17 RIW Software Technology
16.18 SmartSpace Software PLC
16.19 SwipedOn
16.20 Traction Guest
16.21 Tyco International PLC
16.22 Veristream
16.23 Vizito
16.24 Vuetura

17 Appendix
17.1 Questionnaire

Companies Mentioned

  • AlertEnterprise Inc.
  • ALICE Receptionist
  • ATT System Pte Ltd.
  • Chubb Fire & Security Ltd.
  • Envoy
  • Genetec
  • HID Global
  • Honeywell International Inc.
  • iLobby
  • Jolly Technologies Inc.
  • KeepnTrack
  • MRI Software, LLC
  • Octopus Systems
  • Parabit Systems
  • Proxyclick
  • Raptor Technologies LLC
  • RIW Software Technology
  • SmartSpace Software PLC
  • SwipedOn
  • Traction Guest
  • Tyco International PLC
  • Veristream
  • Vizito
  • Vuetura