What is Visitor Management Software Market?
Visitor management software is a system that helps organizations gather, store, and track visitor information in electronic databases. Its common functionalities include visitor ID scanning, visitor registration, and access management. Visitor management software tracks and manages visitors entering and leaving a business office. These tools are designed to make the visitor sign-in process more seamless, which in turn can improve the overall visitor experience. The benefits of visitor management software are Enhances a business's overall security, and speeds up the check-in process with features such as the ability to scan identification cards.
Highlights from Visitor Management Software Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | ADDA (Philippines), Cisco Spaces (United States), Lobby Track (United States), Akrivia HCM (India), Visitor Analytics (Germany), iLobby corp. (Canada), Robin (Suffolk), Sine (Australia), FareHarbor (Netherlands) and Proxy clicks (Europe) |
Visitor management Software market companies operating in these industries are focusing more on efficient growth, improvement of operational efficiency and productivity, and focusing on maintaining sustainable development. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launches, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
ADDA (Philippines), Cisco Spaces (United States), Lobby Track (United States), Akrivia HCM (India), Visitor Analytics (Germany), iLobby corp. (Canada), Robin (Suffolk), Sine (Australia), FareHarbor (Netherlands) and Proxy clicks (Europe) are some of the key players profiled in the study. Visitor Management Software Market Segmentation:
Scope | Sub-Segments |
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By component | Software,Service |
End User Industry | Hotels,Defense,Government,Others |
Deployment | Cloud-based,On-premises |
On the basis of geography, the market of Visitor Management Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Increasing Importance of Safety and Security Features.
Market Growth Drivers:
Increasing use of software-based security solutions.
Challenges:
Lack of Efficiency and Low Security
Restraints:
High cost and No restrictions to visitors
Opportunities:
Increasing Requirement to Ensure Visitor Management Systems Comply with Regulations
Key Target Audience
Government Agencies, Governmental Bodies, End User Industry, Manufactural of visitor Management Software and Others
Market Leaders & Development Strategies
In June 2021, Yardi acquired We Are Forge Ltd a Bristol, UK-based software company that specializes in visitor management and smart access control for real estate assets including, office, retail, industrial, flexible workspace, and the education sector. For all shapes and sizes of real estate firms, Yardi creates and supports market-leading investment and property management software.
In January 2021 ilobby, a visitor management software provider, announced that it had raised USD 100 million from Insight Partners, marking the lobby’s first-ever round of funding. Ilobby has customers across 45 countries, with notable brands including Netflix, Pepsi, Scotiabank, Toronto Pearson International Airport, and Unilever.