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Asia Pacific Virtual Queue Management System Market

2021

Technology, Media and Telecommunications Asia Pacific Virtual Queue Manageme...

Asia Pacific Virtual Queue Management System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Solution and Services), Platform (Web-Based, Kiosk Based, and Mobile Based), Organization Size (Small and Medium Enterprises and Large Enterprises), and End-User (Retail, Hospitals and Clinic, Airports, Museums and Libraries, and Others)

Publication Month: Oct 2021 | Report Code: TIPRE00025097 | No. of Pages: 114 | Category: Technology, Media and Telecommunications | Status: Published

Market Insights

Asia-Pacific Virtual Queue Management System Market to Grow at a CAGR of 8.4% to reach US$ 118.26 million Million from 2021 to 2028

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The virtual queue management system market in APAC is expected to grow from US$ 67.20 million in 2021 to US$ 118.26 million by 2028; it is estimated to grow at a CAGR of 8.4% from 2021 to 2028.


Australia, China, India, Japan, and South Korea are major economies in APAC. The virtual queue management system market is presently dominated by large enterprise customers across various countries. Complex operations, high operational costs, prevailing trend of real-time work, and fast adoption of advanced solutions are among the key reasons driving the demand for virtual queue management solutions and services across large enterprises. Although large enterprises are in the forefront of digital transformation to improve operations, SMEs are also witnessing huge growth in the adoption of advanced technology solutions such as virtual queue management system by replacing traditional queue management solutions. With the growing popularity of cloud-based virtual queue management system, SMEs are increasing investment in such solutions, thereby offering a huge growth opportunity for the market players operating in the market. Likewise, the growing trend of digital transformation to improve business processes by analyzing the data, enhancing productivity, and reducing costs will further boost the adoption of virtual queue management solutions and services among SMEs. This, in turn, will provide growth opportunities to the Asia Pacific Virtual Queue Management System market players during the forecast period.

Asia-Pacific constitutes the world’s two most populated countries that are also hubs for manufacturing – India and China. China virtually imposed strict lockdown and social isolation, which almost halted the manufacturing and production for several weeks. Moreover, the country also suspended the import as well as export of critical raw materials and components, which disrupted the global supply chains in early 2020. India also imposed a nationwide lockdown to keep a check on the growing COVID-19 cases across the country. As a result, lockdown, and disruption of industrial activities across China and India contributed to the disruption of supply chain of various raw material and goods. However, these countries had to permit the manufacturing of a few essential goods. However, growing technology breakthroughs and the introduction of smart queue management systems are promoting their adoption in hospitals, BFSI institutions, retail outlets, and other locations. However, healthcare institutions, airlines, and government offices, among other places, continue to experience long lines on a regular basis, fueling demand for virtual queue systems. However, APAC has seen significant increase in usage of Queue management technology. For instance, In India, the vaccination drive is conducted with the use of virtual slot booking and queuing in order to adhere to social distancing norms and increase effectiveness. Q-nomy Inc., Seehash Softwares Pvt. Ltd., Wavetec, XIPHIAS Software Technologies Pvt. Ltd., Aurionpro Solutions Limited, and Advantech Co. Ltd., are among a few players operating in the Asia-Pacific queue management system market.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the virtual queue management system market. The APAC virtual queue management system market is expected to grow at a good CAGR during the forecast period.

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APAC Virtual Queue Management System Market Segmentation

APAC Virtual Queue Management System Market – By Component

  • Solution
  • Services

APAC Virtual Queue Management System Market – By Platform

  • Web-Based
  • Kiosk Based
  • Mobile Based

APAC Virtual Queue Management System Market – By Organization Size

  • Small and Medium Enterprises
  • Large Enterprises

APAC Virtual Queue Management System Market – By End-User

  • Retail
  • Hospitals and Clinic
  • Airports
  • Museums and Libraries
  • Others

APAC Virtual Queue Management System Market- By Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC

APAC Virtual Queue Management System Market-Companies Mentioned

  • accesso Technology Group, plc
  • Advantech Co. Ltd.
  • AKIS Technologies
  • eGlobe IT Solutions
  • Hague Australia
  • Ombori
  • Queue-it

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 APAC Virtual Queue Management System Market – By Component

1.3.2 APAC Virtual Queue Management System Market – By Platform

1.3.3 APAC Virtual Queue Management System Market – By Organization Size

1.3.4 APAC Virtual Queue Management System Market – By End-User

1.3.5 APAC Virtual Queue Management System Market- By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. APAC Virtual Queue Management System Market Landscape

4.1 Market Overview

4.2 APAC PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. APAC Virtual Queue Management System Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Growing Penetration of Digitalization

5.1.2 Increasing Emphasis on Customer Service Across Major Industry Verticals

5.2 Market Restraints

5.2.1 Lack of Adoption in Developing Countries

5.3 Market Opportunities

5.3.1 High Growth Potential in Small- and Medium-Sized Enterprises (SMEs)

5.4 Future Trends

5.4.1 Accentuating Growth of Cloud Platform-Based Solutions Across Enterprises

5.5 Impact Analysis of Drivers and Restraints

6. Virtual Queue Management System Market – APAC Analysis

6.1 APAC Virtual Queue Management System Market Overview

6.2 Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

7. APAC Virtual Queue Management System Market Analysis – By Component

7.1 Overview

7.2 Virtual Queue Management System Market, By Component (2020 and 2028)

7.3 Solution

7.3.1 Overview

7.3.2 Solution: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Services

7.4.1 Overview

7.4.2 Services: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

8. APAC Virtual Queue Management System Market – By Platform

8.1 Overview

8.2 Virtual Queue Management System Market, by Platform (2020 and 2028)

8.3 Web Based

8.3.1 Overview

8.3.2 Web Based: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Kiosk Based

8.4.1 Overview

8.4.2 Kiosk Based: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Mobile Based

8.5.1 Overview

8.5.2 Mobile Based: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

9. APAC Virtual Queue Management System Market – By Organization Size

9.1 Overview

9.2 Virtual Queue Management System Market, by Organization Size (2020 and 2028)

9.3 Small and Medium Enterprises

9.3.1 Overview

9.3.2 Small and Medium Enterprises: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Large enterprises

9.4.1 Overview

9.4.2 Large enterprises: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

10. APAC Virtual Queue Management System Market – By End User

10.1 Overview

10.2 Virtual Queue Management System Market, by End User (2020 and 2028)

10.3 Retail

10.3.1 Overview

10.3.2 Retail: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

10.4 Hospitals and Clinic

10.4.1 Overview

10.4.2 Hospitals and Clinic: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

10.5 Airports

10.5.1 Overview

10.5.2 Airports: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

10.6 Museums and Libraries

10.6.1 Overview

10.6.2 Museums and Libraries: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

10.7 Others

10.7.1 Overview

10.7.2 Others: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

11. APAC Virtual Queue Management System Market – Country Analysis

11.1 Overview

11.1.1 APAC: Virtual Queue Management System Market, By Country

11.1.1.1 Australia: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1 Australia: Virtual Queue Management System Market, by Component

11.1.1.1.2 Australia: Virtual Queue Management System Market, by Platform

11.1.1.1.3 Australia: Virtual Queue Management System Market, by Organization Size

11.1.1.1.4 Australia: Virtual Queue Management System Market, By End-User

11.1.1.2 China: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1 China: Virtual Queue Management System Market, by Component

11.1.1.2.2 China: Virtual Queue Management System Market, by Platform

11.1.1.2.3 China: Virtual Queue Management System Market, by Organization Size

11.1.1.2.4 China: Virtual Queue Management System Market, By End-User

11.1.1.3 India: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1 India: Virtual Queue Management System Market, by Component

11.1.1.3.2 India: Virtual Queue Management System Market, by Platform

11.1.1.3.3 India: Virtual Queue Management System Market, by Organization Size

11.1.1.3.4 India: Virtual Queue Management System Market, By End-User

11.1.1.4 Japan: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.4.1 Japan: Virtual Queue Management System Market, by Component

11.1.1.4.2 Japan: Virtual Queue Management System Market, by Platform

11.1.1.4.3 Japan: Virtual Queue Management System Market, by Organization Size

11.1.1.4.4 Japan: Virtual Queue Management System Market, By End-User

11.1.1.5 South Korea: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.5.1 South Korea: Virtual Queue Management System Market, by Component

11.1.1.5.2 South Korea: Virtual Queue Management System Market, by Platform

11.1.1.5.3 South Korea: Virtual Queue Management System Market, by Organization Size

11.1.1.5.4 South Korea: Virtual Queue Management System Market, By End-User

11.1.1.6 Rest of APAC: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.6.1 Rest of APAC: Virtual Queue Management System Market, by Component

11.1.1.6.2 Rest of APAC: Virtual Queue Management System Market, by Platform

11.1.1.6.3 Rest of APAC: Virtual Queue Management System Market, by Organization Size

11.1.1.6.4 Rest of APAC: Virtual Queue Management System Market, By End-User

12. APAC Virtual Queue Management System Market- COVID-19 Impact Analysis

12.1 Overview

13. Industry Landscape

13.1 Overview

13.2 Market Initiative

13.3 New Product Development

14. Company Profiles

14.1 accesso Technology Group, plc

14.1.1 Key Facts

14.1.2 Business Description

14.1.3 Products and Services

14.1.4 Financial Overview

14.1.5 SWOT Analysis

14.1.6 Key Developments

14.2 Advantech Co. Ltd.

14.2.1 Key Facts

14.2.2 Business Description

14.2.3 Products and Services

14.2.4 Financial Overview

14.2.5 SWOT Analysis

14.2.6 Key Developments

14.3 AKIS Technologies

14.3.1 Key Facts

14.3.2 Business Description

14.3.3 Products and Services

14.3.4 Financial Overview

14.3.5 SWOT Analysis

14.3.6 Key Developments

14.4 eGlobe IT Solutions

14.4.1 Key Facts

14.4.2 Business Description

14.4.3 Products and Services

14.4.4 Financial Overview

14.4.5 SWOT Analysis

14.4.6 Key Developments

14.5 Ombori

14.5.1 Key Facts

14.5.2 Business Description

14.5.3 Products and Services

14.5.4 Financial Overview

14.5.5 SWOT Analysis

14.5.6 Key Developments

14.6 Queue-it

14.6.1 Key Facts

14.6.2 Business Description

14.6.3 Products and Services

14.6.4 Financial Overview

14.6.5 SWOT Analysis

14.6.6 Key Developments

14.7 Hague Australia

14.7.1 Key Facts

14.7.2 Business Description

14.7.3 Products and Services

14.7.4 Financial Overview

14.7.5 SWOT Analysis

14.7.6 Key Developments

15. Appendix

15.1 About the Insight Partners

15.2 Word Index

LIST OF TABLES

Table 1. APAC Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. Australia: Virtual Queue Management System Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 3. Australia: Virtual Queue Management System Market, By Platform – Revenue and Forecast to 2028 (US$ Million)

Table 4. Australia: Virtual Queue Management System Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)

Table 5. Australia: Virtual Queue Management System Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 6. China: Virtual Queue Management System Market, By Components – Revenue and Forecast to 2028 (US$ Million)

Table 7. China: Virtual Queue Management System Market, By Platform – Revenue and Forecast to 2028 (US$ Million)

Table 8. China: Virtual Queue Management System Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)

Table 9. China: Virtual Queue Management System Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 10. India: Virtual Queue Management System Market, By Components – Revenue and Forecast to 2028 (US$ Million)

Table 11. India: Virtual Queue Management System Market, By Platform – Revenue and Forecast to 2028 (US$ Million)

Table 12. India: Virtual Queue Management System Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)

Table 13. India: Virtual Queue Management System Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 14. Japan: Virtual Queue Management System Market, By Components – Revenue and Forecast to 2028 (US$ Million)

Table 15. Japan: Virtual Queue Management System Market, By Platform – Revenue and Forecast to 2028 (US$ Million)

Table 16. Japan: Virtual Queue Management System Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)

Table 17. Japan: Virtual Queue Management System Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 18. South Korea: Virtual Queue Management System Market, By Component– Revenue and Forecast to 2028 (US$ Million)

Table 19. South Korea: Virtual Queue Management System Market, By Platform – Revenue and Forecast to 2028 (US$ Million)

Table 20. South Korea: Virtual Queue Management System Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)

Table 21. South Korea: Virtual Queue Management System Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 22. Rest of APAC: Virtual Queue Management System Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 23. Rest of APAC: Virtual Queue Management System Market, By Platform – Revenue and Forecast to 2028 (US$ Million)

Table 24. Rest of APAC: Virtual Queue Management System Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)

Table 25. Rest of APAC: Virtual Queue Management System Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 26. List of Abbreviation

LIST OF FIGURES

Figure 1. APAC Virtual Queue Management System Market Segmentation

Figure 2. APAC Virtual Queue Management System Market Segmentation – By Country

Figure 3. APAC Virtual Queue Management System Market Overview

Figure 4. Solution Segment held the Largest Share of APAC Virtual Queue Management System Market

Figure 5. Web-Based Segment held the Largest Share of APAC Virtual Queue Management System Market

Figure 6. Large Enterprises Segment held the Largest Share of APAC Virtual Queue Management System Market

Figure 7. Others Segment held the Largest Share of APAC Virtual Queue Management System Market

Figure 8. China to Show Great Traction During Forecast Period

Figure 9. Asia-Pacific: PEST Analysis

Figure 10. Expert Opinion

Figure 11. APAC Virtual Queue Management System Market: Impact Analysis of Drivers and Restraints

Figure 12. APAC Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13. APAC Virtual Queue Management System Market Revenue Share, by Component (2020 and 2028)

Figure 14. APAC Solution: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15. APAC Services: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. APAC Virtual Queue Management System Market Revenue Share, by Platform (2020 and 2028)

Figure 17. APAC Web Based: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. APAC Kiosk Based: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. APAC Mobile Based: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. APAC Virtual Queue Management System Market Revenue Share, by Organization Size (2020 and 2028)

Figure 21. APAC Small and Medium Enterprises: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. APAC Large enterprises: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. APAC Virtual Queue Management System Market Revenue Share, by End User (2020 and 2028)

Figure 24. APAC Retail: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. APAC Hospitals and Clinic: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. APAC Airports: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. APAC Museums and Libraries: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. APAC Others: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. APAC: Virtual Queue Management System Market, By Country 2020 (US$ Million)

Figure 30. APAC: Virtual Queue Management System Market Revenue Share, By Country (2020 and 2028)

Figure 31. Australia: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32. China: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33. India: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34. Japan: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35. South Korea: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 36. Rest of APAC: Virtual Queue Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 37. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

  1. accesso Technology Group, plc
  2. Advantech Co. Ltd.
  3. AKIS Technologies
  4. eGlobe IT Solutions
  5. Hague Australia
  6. Ombori
  7. Queue-it
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC Virtual Queue Management System market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the APAC Virtual Queue Management System market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the Virtual Queue Management System market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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