Global Visitor Management Systems Market to Reach $5.7 Billion by 2030
The global market for Visitor Management Systems estimated at US$2 Billion in the year 2023, is expected to reach US$5.7 Billion by 2030, growing at a CAGR of 16.4% over the period 2023-2030. Visitor Management Software, one of the segments analyzed in the report, is expected to record 15.6% CAGR and reach US$3.3 Billion by the end of the analysis period. Growth in the Visitor Management Services segment is estimated at 17.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $511.5 Million, While China is Forecast to Grow at 20.9% CAGR
The Visitor Management Systems market in the U.S. is estimated at US$511.5 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 20.9% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.5% and 13.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 12.6% CAGR.
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