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Queue Management System (QMS) Market Size | Industry Report 2023

By 2031, it is anticipated that the Queue Management Systems (QMS) Market will have grown remarkably, reaching a market value of $1,010.6 million. The most recent market research report predicts that a number of important factors will contribute to this upward trajectory, including ongoing technological innovations and advancements, a growing focus on staff productivity and customer experience, a growing need to efficiently manage customer traffic and service, and a rising adoption of cloud and mobile technology across numerous industries.

As businesses become more aware of the critical role queue management solutions play in increasing operational effectiveness, demand for these systems is growing significantly. Businesses are actively looking for solutions to streamline customer service procedures and reduce wait times as a result of the unparalleled rate of technological advancement. Additionally, the use of mobile and cloud-based solutions provides unmatched flexibility and convenience, enabling seamless integration and increased accessibility.

In-depth analysis of the worldwide QMS market, including major trends, growth prospects, competition landscape, and tactical suggestions, is provided in the thorough market research report. It is a useful tool for business stakeholders, decision-makers, and investors looking to take advantage of the growing prospects in the quickly growing queue management industry.

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Global queue management system (QMS) market will reach $ 1,010.6 million by 2031, growing by 5.4% annually over 2021-2031, driven by the technological advancements and innovations, the increasing demand to improve staff efficiency and enhancement of customer experience, the rising need to manage customer traffic and customer service, and the growing adoption of cloud and mobile technology.

Highlighted with 84 tables and 100 figures, this 181-page report “Global Queue Management System (QMS) Market 2021-2031 by Component Type (Solutions, Services), Product Type (Virtual, Linear), Queue Type, Deployment Mode (Cloud-based, On-Premise), Application, End User, Organization Size, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global queue management system (QMS) market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

Market Structure
Growth Drivers
Restraints and Challenges
Emerging Product Trends & Market Opportunities
Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global queue management system (QMS) market in every aspect of the classification from perspectives of Component Type, Product Type, Queue Type, Deployment Mode, Application, End User, Organization Size, and Region.

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Based on Component Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

Solutions

o             Platform

o             Software

Services

o             Managed Service

o             Professional Service

Based on Product Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

Virtual Queuing
Linear Queuing

By Queue Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

Structured Queue
Unstructured Queue
Kiosk Based Queue
Mobile Queue
Other Queue Types

By Deployment Mode, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

Cloud-based System
On-Premise System

By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

Appointment Management
Query Handling
In-Store Management
Workforce Optimization
Real-Time Monitoring
Customer Service
Reporting and Analytics
Other Applications

By End User, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

Retail and Consumer Goods
Healthcare and Life Sciences
Utility Service Providers and Airports
BFSI
Hospitality
Government and Public Sector
Transportation and Logistics
IT and Telecom
Other End Users

By Organization Size, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

Small and Medium-Sized Enterprises
Large Enterprises

Geographically, the following regions together with the listed national/local markets are fully investigated:

North America (U.S., Canada, and Mexico)
Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
South America (Brazil, Chile, Argentina, Rest of South America)
MEA (UAE,Saudi Arabia, South Africa and Rest of MEA)

For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of each national market by Component Type, Product Type and End User over the forecast years are also included.

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The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

Advantech Co., Ltd.

AKIS Technologies

ATT Systems Group

Aurionpro Solutions Limited

Lavi Industries

QLess, Inc.

Qmatic Group

Qminder Limited

Q-nomy Inc.

Qudini

SEDCO Holding

Seehash Software Pvt. Ltd.

Skiplino

Wavetec

XIPHIAS Software Technologies Pvt. Ltd

Xtreme Media Pvt. Ltd.

View Report Scope and Latest Developments in the Market: https://www.marketwatch.com/press-release/queue-management-system-qms-ma...

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