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2022
Queue Management System Market

Queue Management System Market by Component (Solution and Services), Deployment Model (On-Premises and Cloud), Type (Virtual Queuing and Linear Queuing), Queue Type (Structured Queue, Unstructured Queue and Mobile Queue), Enterprise Size (Large Enterprises and Small & Medium Enterprises), Application (Reporting & Analytics and Real-time Monitoring) and Industry Vertical (BFSI, IT & Telecom, Retail, Government, Healthcare, Restaurants and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030.

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COVID-19

Pandemic disrupted the entire world and affected many industries.

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A queue management system is used to manage the queues. The queue management system is a collection of tools and systems which help in managing consumers flow, controlling the waiting time, and improving the customer experience for various industries. The queue management system is an automatic system that is created to administer the walk-in services and customer movement in various public places such as the retail store, railway station, airports, and bus stations. The system provides an interactive platform for managing the connections with the consumers by utilizing an interactive display on the screen available in the shop. The majority of the retail stores and airports implement this system to control queues from various locations and in different situations. Additionally, the queue management system is comprised of several modules for managing and handling customer calls more efficiently. The system can also be applied for organized & unorganized queues and mobile queues.

Market Scope and Structure Analysis:

Report Metric

Details

  Market size available for years

  2020–2030

  Base year considered

  2020

  Forecast period

  2021–2030

  Forecast units

  Value ($)

  Segments covered

Component, Deployment Model, Type, Queue Type, Enterprise Size, Application, Industry Vertical, and Region.

  Companies covered

Major players include Advantech Co. Ltd., Aurionpro Solutions Ltd., Q-MATIC AB, Qminder Ltd., Q-nomy Inc., Sedco, SeehashSoftwares Pvt. Ltd., Skiplino, Wavetec Pvt. Ltd., XIPHIAS Software Technologies Pvt. Ltd.

 

COVID-19 Scenario Analysis: 

  • The spread of the COVID-19 has impacted the global economies and industries. The imposed lockdowns by the government have affected the supply chain. Due to the shutdown of various industries and business functions, the growth of the queue management system market was significantly impacted.
  • The retail stores, hospitals, government offices, and other businesses around the world were operating during the pandemic. To minimize the risk of contamination both within the premises of companies and in queues outside and maintaining social distancing is driving the market growth. Queues allow to have control over the number of people within the store and lower the waiting line by utilizing a virtual queuing system. Therefore, the outbreak of the pandemic had a positive impact on the market. 

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

The increasing adoption of queue management systems to reduce unnecessary queuing and waiting, and the increase in the demand to enhance staff efficiency and customer experience are the factors driving the growth of the queue management system market. In addition, the implementation of technologically advanced products and massive expenditure on infrastructure are propelling the growth of the market. However, difficulty observed in the queuing process and the high cost of implementation of software are the factors hampering the growth of the market. Furthermore, the integration of advanced technologies including artificial intelligence and machine learning are providing lucrative opportunities to the growth of the queue management system market in the forecasted period. 

The Market Trends for Queue Management System Market:

Implementation of Queue Management System in the Healthcare Segment:

Healthcare service providers face challenges to keep the queue at the payment sections or the doctor’s rooms. To reduce the formation of lengthy queues at medical facilities, healthcare service providers are interested in the implementation of queue management systems, which enables them to handle queues more easily and efficiently. Queue management systems alert physicians on waiting time, which is making operating tasks more systematic. Furthermore, the use of digital display systems in the waiting rooms makes it easier for the patients to understand the waiting time, thus reducing the risk of overcrowding at the doctor’s place or on the payment counters.

North America Region to Dominate the Market in the Forecasted Period:

North America region is expected to dominate the queue management system market in the forecasted period due to the introduction of technological advancements, acceptance of queue management systems, and the existence of major market players in the region. The region is projected to lead the market because of the increasing investment in public and private financing for research & development of the new technology. The countries in this region including the U.S. and Canada are increasingly implementing the system to reduce the crowd in public places such as grocery stores, restaurants, and shopping complexes.

Key Benefits of the Report:

  • This study presents an analytical depiction of the queue management system market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the queue management system market share.
  • The current market is quantitatively analyzed from 2021 to 2030 to highlight the market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed market analysis based on the present and future competitive intensity of the queue management system market. 

Questions Answered in the Queue Management System Market Research Report:

  • Who are the leading market players active in the queue management system market?
  • What would be the detailed impact of COVID-19 on the queue management system market?
  • What current trends would influence the queue management system market in the next few years?
  • What are the driving factors, restraints, and opportunities in the queue management system market?
  • What are the projections for the future that would help in taking further strategic steps?

Key Market Segments

Segments Sub-segments
Component
  • Solution
  • Services
Deployment Model
  • On-Premises
  • Cloud
Type
  • Virtual Queuing
  • Linear Queuing
Enterprise Size
  • Large Enterprises
  • Small & Medium Enterprises
End User
  • BFSI
  • IT & Telecom
  • Retail
  • Government
  • Healthcare
  • Restaurants
  • Others
By Region
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 
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