The Latin America, Middle East and Africa Visitor Management System Market would witness market growth of 18.9% CAGR during the forecast period (2020-2026).
Visitor management systems are available with a range of options, including visitor Photo ID or fingerprint screening, auto-identification of returning visitors, and automatic pre-registration of planned registers. Visitor management systems create entry-cards with permitted entry and facilities requirements depending on the type of guest. The Visitor Management Systems provides visitors with touch-screen experience, allows tourists to register and sends updates to employees. The visitor management system prevents human error and guarantees a high degree of efficiency and protection of the facility.
The growth in the segment of compliance management and fraud detection can be attributed to increased rate of fraud and crime in various industries, such as BFSI, telecommunications and IT. Latest Visitor Management Software provides assistance in all aspects of regulatory management and fraud prevention, ranging from sales and securities to risk analysis, by combining it with automated electronic security, video surveillance, biometric recognition and database access. The need to ensure conformity with regulatory standards and to simplify enforcement and fraud prevention is expected to lead to the implementation of visitor management systems for compliance management and fraud detection.
Based on Component, the market is segmented into Software and Services. Based on Application, the market is segmented into Security Management, Parking Management, Compliance Management & Fraud Detection, Historical Visitor Tracking and Others. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on End User, the market is segmented into BFSI, Retail, Government & Defense, Travel & Hospitality, Healthcare & Life Sciences, Telecom & IT and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., Assa Abloy AB (Quantum Secure, Inc.), SmartSpace Software PLC, Vuetura Corporation, VersionX Innovations Pvt. Ltd., Asiatact (Singapore) Pte Ltd., Jolly Technologies, Inc., Genetec, Inc., AlertEnterprise, Inc., and Parabit Systems, Inc.
Scope of the Study
• Security Management
• Parking Management
• Compliance Management & Fraud Detection
• Historical Visitor Tracking
By Deployment Type
By Organization Size
• Large Enterprises
• Small & Medium Enterprises
By End User
• Government & Defense
• Travel & Hospitality
• Healthcare & Life Sciences
• Telecom & IT
• Saudi Arabia
• South Africa
• Rest of LAMEA
• Honeywell International, Inc.
• Assa Abloy AB (Quantum Secure, Inc.)
• SmartSpace Software PLC
• Vuetura Corporation
• VersionX Innovations Pvt. Ltd.
• Asiatact (Singapore) Pte Ltd.
• Jolly Technologies, Inc.
• Genetec, Inc.
• AlertEnterprise, Inc.
• Parabit Systems, Inc.
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