Queue Management System Market By Queue Type (Linear Queuing, and Virtual Queuing), By Component (Solutions, and Services), By Mode (Non-Virtual Queuing, and Virtual Queuing), By Application (Query Handling, Real-Time Monitoring, In-Store Management, Reporting & Analytics, and Others), By Industry Vertical and By Region - Trends, Analysis and Forecast till 2032

Report Code: PMI517423 | Publish Date: November 2023 | No. of Pages: 170

Queue Management System Market Overview

Queue Management System (QMS) is a technology-driven solution designed to streamline and optimize the process of managing customer or visitor queues in various service-oriented organizations. It is used to enhance customer satisfaction, reduce waiting times, and improve operational efficiency. QMS is commonly employed in a wide range of industries, including retail, healthcare, government offices, banking, transportation, and more.      

Queue Management System Market Size:

Attributes

Details

Queue Management System Market Value (2022)

USD 508.3Mn

Queue Management System Market Projected Value (2032)

USD 894.5Mn

Queue Management System Market CAGR (2022 – 2032)

5.9%

Queue Management System Market Drivers & Restraints

Healthcare and Pandemic Response

QMS systems have been used to enable contactless check-in and registration processes. Patients can pre-register online, use self-service kiosks, or check in via mobile apps, reducing physical contact and minimizing the time spent in waiting areas. QMS can help healthcare facilities manage appointments efficiently, reducing overcrowding in waiting rooms. Patients can schedule appointments online and receive automated reminders, ensuring a smoother and safer experience.

Restrains:

Integration Challenges and Resistance to Change

Integrating QMS with existing systems and processes can be complex and time-consuming, especially in large organizations. Compatibility issues may arise, making integration a constraint. Employees and customers may resist the change in the way queues are managed. Resistance can hinder the successful implementation and adoption of QMS.

Queue Management System Market Segmentations & Regional Insights

Queue Management System Market is segmented based on Queue Type, Component, Mode, Application, Industry Vertical and Region.

Queue Type Insight

On the basis of Queue Type, Queue Management System Market is segmented into Linear Queuing, and Virtual Queuing.

Component Insight

On the basis of Component, Queue Management System Market is segmented into Solutions, and Services.

Mode Insight

On the basis of Mode, Queue Management System Market is segmented into Non-Virtual Queuing, and Virtual Queuing.

Application Insights

On the basis of Application, Queue Management System Market is segmented into Query Handling, Real-Time Monitoring, In-Store Management, Reporting & Analytics, and Others.

Industry Vertical Insights

On the basis of Industry Vertical, Queue Management System Market is segmented into Travel & Hospitality, BFSI, Retail & Consumer Goods, IT and Telecom, Utilities, Healthcare & Lifesciences, and Others.

Queue Management System Market Regional Insights:

On region the Queue Management System Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America market is estimated to witness a significantly high revenue share over the forecast period due to rising investment and funding. North America has witnessed a substantial adoption of QMS solutions across various sectors, including healthcare, government, and retail. The emphasis on improving customer experience, increasing operational efficiency, and the willingness to invest in digital transformation has driven the QMS market in this region.

Asia Pacific market is estimated to witness a fastest revenue share over the forecast period. In Asia Pacific, the rapid economic growth in India and China has fueled the QMS market, particularly in retail and healthcare. Increasing urbanization, a burgeoning middle class, and a focus on customer service quality have driven the adoption of QMS solutions.    

Report Scope:

Attribute

Details

Base year for estimation

2022

Forecast period

2022 – 2032

Market representation

Revenue in USD Million & CAGR from 2022 to 2032

Market Segmentation

By Queue Type - Linear Queuing, and Virtual Queuing

By Component  - Solutions, and Services

By Mode - Non-Virtual Queuing, and Virtual Queuing

By Application - Query Handling, Real-Time Monitoring, In-Store Management, Reporting & Analytics, and Others

By Industry Vertical - Travel & Hospitality, BFSI, Retail & Consumer Goods, IT and Telecom, Utilities, Healthcare & Lifesciences, and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032.

Few Other Promising Reports:

Queue Management System Market Competitive Landscape & Key Players

The key players operating the Queue Management System Market includes, Lavi Industries, Aurionpro Solutions Ltd.,  Skiplino Inc., Advantech Co. Ltd., QLess Inc., MaliaTec Inc., SEDCO, AwebStar Technologies Pvt. Ltd., Qudini Inc., and AKIS Technologies.  

Queue Management System Market Recent News

The New Launched Product News,

  • In September 2020, Bangalore International Airport Limited (BIAL) and Xovis launch Queue Management system at Kempegowda International Airport, Bengaluru (KIAB / BLR) in India. Wait times will be shorter due to technology, which will also improve passenger flow and operational effectiveness. To improve the user experience, the passenger flow management system Xovis PTS displays real-time wait durations on the screens at processing points.

Queue Management System Market Company Profile

  • Lavi Industries
  • Aurionpro Solutions Ltd.
  • Skiplino Inc.
  • Advantech Co. Ltd.
  • QLess Inc.
  • MaliaTec Inc.
  • SEDCO
  • AwebStar Technologies Pvt. Ltd.
  • Qudini Inc.   
  • AKIS Technologies   

FAQs

The Queue Management System Market is segmented into Queue Type, Component, Mode, Application, Industry Vertical and Region.

Queue Management System Market is driven by factors like healthcare and pandemic response.

The key players operating the Queue Management System Market includes Lavi Industries, Aurionpro Solutions Ltd., Skiplino Inc., Advantech Co. Ltd., QLess Inc., MaliaTec Inc., SEDCO, AwebStar Technologies Pvt. Ltd., Qudini Inc., and AKIS Technologies.

Queue Management System Market accounted for US$ 508.3 million in 2022 and is estimated to be US$ 894.5 million by 2032 and is anticipated to register a CAGR of 5.9%.