Asia Pacific Queue Management System Market Key Players and Forecast by 2027
Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027Asia Pacific Queue Management System Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Virtual Queuing, Linear Queuing); Component (Solution, Services); Application (Hospitals, BFSI, Retail Outlets, Utility Service Providers and Airports, Restaurants, Government Offices, Others), and Country
- Report Date : Jul 2020
- Report Code : TIPRE00012181
- Category : Technology, Media and Telecommunications
- Status : Published
- Available Report Formats :
- No. of Pages : 81
The queue management system market in Asia-Pacific is expected to grow from US$ 97.06Mn in 2019 to US$ 164.56Mn by 2027; it is estimated to grow at a CAGR of 7.15% from 2020 to 2027.
The adoption of queue management systems is expected to surge in the commercial and government sectors in the region. In Singapore, the retailers faces the losses worth ~US$ 1.6 billion a year as a result of mismanaged queues, while retailers in Hong Kong face the losses worth US$ 2.3 billion due to shoppers discouraged by long queues. Moreover, the long waiting times have resulted in the customers to engage more in online shopping. These observations have propelled the brick-and-mortar retailers to deploy efficient queue management systems. Moreover, the standalone businesses are also procuring queue management systems to manage the queue and avoid chaos at their premises, thereby enhancing work efficiency. The awareness related to the benefits of these systems is constantly rising among the end users. These factors are catalyzing the growth of the queue management system market in Asia-Pacific countries.
The Asia-Pacific queue management system market report includes inventory and volume analysis, top-selling items, revenue and profit margin optimization, and staffing needs. With these features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This is likely to drive the queue management system market in the coming years.
Asia-Pacific Queue Management System Market Revenue and Forecast to 2027 (US$ Mn)
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Asia-Pacific Queue Management System Market Segmentation
Asia-Pacific Queue Management System Market, by Type
- Virtual Queuing
- Linear Queuing
Asia-Pacific Queue Management System Market, by Component
- Solution
- Services
Asia-Pacific Queue Management System Market, by Application
- Hospitals
- BFSI
- Retail Outlets
- Utility Service Providers and Airports
- Restaurants
- Government Offices
- Others
Asia-Pacific Queue Management System Market, by Country
- China
- India
- Japan
- South Korea
- Australia
- Rest of APAC
Asia-Pacific Queue Management System Market – Companies Mentioned
- Q-nomy Inc.
- Seehash Softwares Pvt. Ltd.
- Wavetec
- XIPHIAS Software Technologies Pvt. Ltd.
- Aurionpro Solutions Limited
- Advantech Co. Ltd.
Asia Pacific Queue Management System Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 97.06 Million |
| Market Size by 2027 | US$ 164.56 Million |
| Global CAGR (2020 - 2027) | 7.15% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | Asia-Pacific
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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