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Visitor Management System Market by Application (Historical Visitor Tracking, Security Management, and Parking Management), Component (Software and Services), Deployment Mode (On-Premise and Cloud), Organization Size (Large Enterprises and Small & Medium-Sized Enterprises), and Industry Vertical (Chemical & Petrochemical, Oil & Gas, Energy & Power, Automotive, Food & Beverages, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A08463
Pages: NA
Jun 2021 | 374 Views
 
Author(s) : NA
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COVID-19

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Visitor Management System Market Statistics:

Visitor management system is used for tracking people who enter into a building or office premises. A visitor may be anyone such as delivery person, a customer, a job applicant, a consultant, or a contractor. It monitors movement of visitors in an organization along with their record, access control, and photo identity. Using the automation process decreases manual work considerably such as tracking and registering. Manual paperwork is also minimized with a wide range of electronic data export and sharing. It is the efficient solution, which enables organizations to attain better control over all visitor actions in their premises. It is a software-based solution, which manages visitor traffic inside a building/office and records, recovers, captures, and monitors visitor information.   

Visitor Management System Market Scope and Structure Analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value (USD)

  Segments covered

Component, Application, Deployment Mode, Industry Vertical, and Region

  Regions covered

North America (US and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa

  Companies covered

Major players analyzed include Honeywell International Inc., Touch Point, Inc., AlertEnterprise, Genetec, Inc., Jolly Technologies Inc., Quantum Secure, Inc., Smartspace Software PLC, Keytech Security Solutions, Genetec, Inc., and InVentry Ltd.

 

Impact of COVID-19 on Visitor Management System Market: 

  • Visitor management is a crucial element of workplace safety and it is becoming even greater focus for workplace leaders due to the COVID-19 pandemic. 
  • These workplace leaders are demanding to maintain safer workplace occupancy levels to keep their employees healthy.
  • The pandemic has led to rise in demand for adoption of visitor management system, which enables offices to maintain a record of job candidate, client, and contractor who steps into their workplace. It protects workplace from unauthorized visitors and allows to manage foot traffic in the office along with helping guests to navigate workplace quickly. 

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Paperless method to visitor management drives growth of the visitor management solutions market, as it decreases cost and reduces manual work by avoiding paper records to track visitor arrival and departure times. Also, the rising implementation of software-based security solutions for intruders’ detection in office premises is expected to further drive market growth. In addition, organizations using visitor management system for streamlining their security and compliance standards. However, identity theft and data vulnerability concerns associated with the visitor management systems may hinder the growth of the market. On the other hand, awareness regarding the potential advantages of visitor management solutions is considered to offer lucrative opportunities for the growth of the market in the forecast period.

The global visitor management system market trends are as follows:

Increase in awareness about visitor management solutions 

Checking in of the people can be time-consuming for administrators. It includes capturing personal details, printing badges, safety briefings, notifying hosts of their visitor’s arrival and review of legal documents. With the introduction of a self  sign-in feature by visitor management system, the check-in time reduces significantly. This is leading to increase in operation efficiency of the organization. 

The large enterprises comprises of complexities for a management of multiple facilities in numerous locations. Its management can be simplified by using a cloud-based platform which is accessible anytime and from any devices. It enable administrators to easily tailor and design the visitor experience to adapt to site-specific requirements. These trending benefits of the visitor management system are leading to the growing adoption of the visitor management solutions.

Safety and security due to visitor management solutions

Visitor management is a part of facility management; hence, there are state and local safety regulations, including facility inspections, training, and security of the premises.  Starting from the basic visual identification, a visitor management system automatically take photos, capture ID cards, and print badges. Beyond visitor recognition, it helps to differentiate between unwanted and wanted guests. This future oriented feature of visitor management system enabling growth of the market. 

Key segments covered:

Segments

Subsegments

  Application

  • Historical Visitor Tracking
  • Security Management
  • Parking Management

  Component

  • Software
  • Services

  Deployment Mode

  • On-Premise
  • Cloud

  Organization Size

  • Large Enterprises
  •  Small & Medium-Sized Enterprises

  Industry Vertical

  • Chemical & Petrochemical
  • Oil & Gas
  • Energy & Power
  • Automotive
  • Food & Beverages
  • Healthcare
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the global visitor management system industry 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 detailed analysis of the global visitor management market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global visitor management system market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global visitor management system market analysis based on competitive intensity and how the competition will take shape in coming years. 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

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We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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