Visitor Management System Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Software, Services), Organization Size (Large Enterprises, Small and Medium-Sized Enterprises), End Users (BFSI, IT & Telecom, Retail, Healthcare, Manufacturing, Government, Others) and Geography

The visitor management system market is expected to register a CAGR of 14.1% during 2023–2031. Contactless visitor management is likely to remain a key trend in the market.

Visitor Management System Market Analysis

• The visitor management system market includes growth prospects owing to the current market trends and their foreseeable impact during the forecast period.
• The visitor management system market is growing owing to factors such as increased emphasis on security and safety, increasing use of biometric technology for visitor identity verification, and rapid adoption of smartphones.
• Integration with advanced technologies such as AI and analytics to provide lucrative opportunities for the cloud collaboration market.

Visitor Management System Market Overview

• Visitor management refers to the process of welcoming visitors and employees onto the premises of a business and managing their presence.
• Visitor management system benefits organizations with features such as customizable check-in processes and two-way communication, adding an extra layer to ensure workplace compliance requirements and keep data accurate.
• VMS features help to increase efficiency in workflows. This system saves time and helps in gaining productivity.
•  Digital visitor management systems help with better data collection which is transferred to CRM for providing special offers to potential clients and information to vendors.

Visitor Management System Market Drivers and Opportunities

Increased Emphasis on Security And Safety to Favor Market

• Security and safety are top concerns for enterprises and organizations in the modern world.  Visitor management systems are now a necessary tool for efficiently managing visitors in order to address this issue.
• For companies of all sizes, security is a primary concern. Visitor management systems can contribute to increased safety and security in a variety of ways.
• This may include features such as facial recognition, ID scanning, and real-time background checks.
• Businesses can guarantee that only authorized guests are allowed entry into their facilities by implementing these features.

Integration With Advanced Technologies Such as AI and Analytics  

• VMS solutions use artificial intelligence (AI) and analytics to offer thorough data analysis, automatically identify suspicious activity, and obtain insights into visitor behavior and preferences.
• Additionally, analytics technologies can offer insightful data on visitor behavior and preferences, helping organizations enhance customer happiness and operational efficiency.
• AI can revolutionize the visitor management industry, helping organizations manage their visitors even better.

Visitor Management System Market Report Segmentation Analysis

Key segments that contributed to the derivation of the visitor management system market analysis are component, organization size, and end users.

• By component, the market is bifurcated into software and services.
• By organization size, the market is bifurcated into large enterprises and small and medium-sized enterprises.
• By end users, the market is segmented into BFSI, IT & telecom, retail, healthcare, manufacturing, government, and others.

Visitor Management System Market Share Analysis by Geography

• The visitor management system market report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
• Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering visitor management system market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
• Also, the report covers PEST analysis, which involves the study of major factors that influence the visitor management system market in these regions.

Visitor Management System Market Regional Insights

The regional trends and factors influencing the Visitor Management System Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Visitor Management System Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Visitor Management System Market Report Scope

Visitor Management System Market Players Density: Understanding Its Impact on Business Dynamics

The Visitor Management System Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Visitor Management System Market are:

1. Honeywell
2. Pitney Bowes
3. SmartSpace Software PLC
4. Eptura
5. Envoy
6. AlertEnterprise

Disclaimer: The companies listed above are not ranked in any particular order.

Visitor Management System Market News and Recent Developments

The visitor management system market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the visitor management system market are listed below:

• Eptura announced expanded visitor management capabilities within the Eptura unified work tech platform. Eptura Workplace combines workspace planning with new visitor management capabilities that grant organizations greater control over the visitor experience while increasing workplace security at scale. These capabilities allow businesses to understand underlying building usage trends and make smarter decisions regarding office utilization. (Source: Eptura, Press Release, March 2023)
• Sharp and NIWA partner to improve their visitor management system, resulting in a secure and efficient sign-in process that is tailored to their specific requirements. (Source: Sharp, Press Release, March 2024)

Visitor Management System Market Report Coverage and Deliverables

The “Visitor Management System Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

• Visitor management system market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Visitor management system market trends, as well as market dynamics such as drivers, restraints, and key opportunities
• Detailed PEST/Porter’s Five Forces and SWOT analysis
• Visitor management system market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the visitor management system market
• Detailed company profiles

The List of Companies

1. AlertEnterprise
2. Envoy
3. Genetec Inc.
4. Honeywell International Inc.
5. iLobby
6. Jolly Technologies Inc.
7.Sine
8. Sharp Electronics
9. Traction Guest
10. Veristream