The visitor management allows the management and handling of visitors for any organization, hotels, and industries. It comprises numerous software and solutions that enable users to monitor, manage, and keep track of visitors. In addition, other benefits of visitor management comprise a strong brand reputation, comfort and safety of the working environment, site security, reduced cost of operations, and others.
Furthermore, growing need to reduce the negative impacts of inefficient processes for managing visitors and to provide better services to the visitors are the key factors driving the market demand for visitor management solutions. However, lack of awareness about visitor management solutions is anticipated to hamper the market growth in forthcoming years.
Growing customer expectations for better services
The visitor management systems and solutions allow the tracking and management of visitors entering and exiting any office or building premises. However, due to increasing concerns over the security of personnel & their belongings, infrastructures, and others is driving the demand for visitor management solutions. In addition, the growing number of tech-savvy customers has become more demanding and rational, therefore demanding better services including belongings security, timely services, and others. Thus, such factors combined driving the demand for visitor management solutions.
Lack of awareness about the visitor management systems & solutions
The visitor management not only allows organizations and industries to monitor visitors but also allows them to record in and outs continuously. It eradicates the manual paper works and physical recording systems by replacing them with completely digital hardware and software solutions. However, there are still several organizations that are completely unaware of visitor management solutions and its features, which is the major factor hindering the market growth. In addition, several industry players in retail and hoteling still prefer conventional methods of managing their visitor records, which is also one of the key reasons impeding the market growth.
The cloud deployment segment is anticipated to experience the highest demand during the forecast period
The increasing trend of digitization and cloud adoption is the major factor driving the market growth of this segment. In addition, the majority of the market vendors are providing cloud-based visitor management software along with mobile and web applications due to increasing preference for cloud deployment solutions among users. Moreover, the flexibility associated with the cloud deployment and cloud storage feature is the key reason boosting the growth of this segment.
Asia-Pacific will lead the growth in Visitor Management Market
North America is anticipated to hold the major market share in the global Visitor Management market. However, Asia-Pacific (APAC) is estimated to hold the highest CAGR during the forecast period. The growth of the visitor management market in Asia-Pacific is predominantly attributed to the increase in security standards among numerous industries such as retail, healthcare, manufacturing, and others.
On the contrary, North America is likely to dominate the global visitor management market due to, the existence of key market players in this region. Moreover, increasing the need to secure work premises security is also the key factor fuelling the market growth in this region.
Key Market Players
• Genetec Inc.
• HID Global Corporation
• Honeywell International Inc.
• InVentry Ltd.
• Parabit Systems
• Quantum Secure Inc.
Market Segments: Visitor Management Market
- By Deployment
- By Component
- Industry Vertical
- Travelling & Hospitality
- By Region
- North America
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America
• Industry Associations
• Patent Websites
• Company Annual Reports
• Company Websites
• Key industry leaders
• IEEE journals
• Technology consultants
• System Integrators
• ICT experts
Key Questions Answered
• What are the key growth regions and countries?
• What are the important types and technologies being used?
• What are the market players doing, in terms of research and development?
• Which are the new applications for this market?
• What are the integrations happening?
• What are the recent news, developments, mergers, or large value deals?
• Hardware & Software providers
• System Integrators
• Regulatory Authorities
• Research and Innovation Organizations
• Suppliers and Distributors
• Other Channel Partners