[Research Report] The queue management system market is expected to grow from US$ 482.73 million in 2022 to US$ 738.97 million by 2030; it is estimated to record a CAGR of 5.5% from 2022 to 2030.
Analyst Perspective:
The population in developed and developing countries is increasingly becoming tech-savvy and implementing advanced technologies in various systems. Advanced queue management systems such as NEXA’s Mobile Q help users facilitate virtual queues for the convenience of customers and staff. NEXA’s Mobile Q offers numerous benefits to the users, including virtual queueing capabilities, sign-in sheets used to summon table parties in busy restaurants, and making service delivery more seamless and convenient. It also allows customers to be in a queue using their phone and help customers to use their time more productively. With an objective to enhance work efficiency and reduce disorder in queues, the demand for a technologically advanced queue management system is growing, which is supporting the growth of the queue management system market
The constantly rising emphasis on the enhancement of customer satisfaction is generating significant demand for linear queuing systems and virtual queuing systems. Pertaining to the risk of customer loss, the end users are increasingly focusing on procuring and deploying advanced technologies, which include queue management systems, in order to gain customer satisfaction by allowing them sufficient time on the counter for interaction. With the rise in demand for these systems, coupled with low entry barriers to the market, the queue management system market continuously witnesses a rise in the number of emerging players, either as hardware providers or software providers.
Market Overview:
A queue management system (QMS) comprises tools used to manage and analyze the flow of customers or visitors in the queue. The system aims to optimize operational efficiency by reducing end user wait times. Queue management systems help the service provider to enhance service delivery, increase employee productivity, and streamline the queuing experience. The queue management system market has been growing at a steady rate over the years as a result of the rise in demand for structuring and managing queues efficiently and conveniently. The number of end users of queue management systems continues to surge over the years. The system is custom-made to suit the needs of a wide variety of industries, including retail stores, BFSI, healthcare, government offices, aviation, and educational institutions. Expansion and infrastructural development of airports increase the demand for queue management systems in the aviation industry, which is projected to fuel the market growth in the coming years. According to Oliver Wyman Forum analysis, the commercial aviation fleet is projected to expand by 33%, with over 36,000 aircraft by 2033 globally. Similarly, Airports Council International (ACI) World predicts an average annual growth of 5.8% in passenger traffic between 2022 and 2040, and over 19 billion passengers will use airports each year until 2040. This is expected to increase the adoption of queue management systems during the forecast period.
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Queue Management System Market: Strategic Insights
Market Size Value in US$ 482.73 million in 2022 Market Size Value by US$ 738.97 million by 2030 Growth rate CAGR of 5.5% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
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Queue Management System Market: Strategic Insights
| Market Size Value in | US$ 482.73 million in 2022 |
| Market Size Value by | US$ 738.97 million by 2030 |
| Growth rate | CAGR of 5.5% from 2022 to 2030 |
| Forecast Period | 2022-2030 |
| Base Year | 2022 |
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Market Driver:
Increasing Demand in Healthcare Sector Fuel Growth of Queue Management System Market
The majority of healthcare service providers face tremendous challenges in maintaining the queue at the payment sections or the doctor’s chambers. Queue formation at medical facilities is omnipresent, which can lead to prolonged delays in services; this causes frustration among the queue members. This results in patient discomfort, resulting in medical conditions that can increase subsequent treatment costs and poor health outcomes. According to Qmatic, a queue management system helps increase sales and productivity and reduces costs by up to 30% to ensure patient availability at the right place at the right time. The increasing adoption of queue management in the healthcare industry helps improve patient experience and staff satisfaction with limited budgets and resources. Queue management systems provide significant benefits in the healthcare industry by monitoring patient journeys in the hospital as well as support hospitals to enhance the patient's entire visit, ranging from check-in to post-service.
In an attempt to reduce the formation of long queues at medical facilities, hospitals and other healthcare service providers are showcasing their interest in the adoption of queue management systems. According to data by Aston University published in 2019, General Hospital in Iran and Sri Lankan National Hospital Outpatients’ Department has adopted a queue management system to support doctors to schedule their patient visits by reducing long wait times, which allows them to manage queues more conveniently and efficiently. This also results in less waiting time and service time. In addition, several queue management systems available in the marketplace alert doctors on waiting time, which makes operational tasks more systematic. The usage of digital signage systems in the waiting areas facilitates the patients or patient parties to understand the waiting time, thereby eliminating the risk of crowd formation at the doctor’s chambers/laboratories or the payment section. Thus, the growing demand for queue management solutions is boosting the queue management system market growth.
Report Segmentation and Scope:
The global queue management system market is categorized on the basis of type, component, and application. On the basis of type, the market is bifurcated into linear queuing and virtual queuing. Based on component, the market is divided into solutions and services. In terms of application, the global queue management system market is segmented into hospitals, retail outlets, BFSI, utility service providers and airports, restaurants, government offices, and others. By geography, the queue management system Market is segmented into North America, Asia Pacific (APAC), Europe, the Middle East & Africa (MEA), and South America (SAM).
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Segmental Analysis:
On the basis of type, the queue management system market is bifurcated into:
- Linear Queuing
- Virtual Queuing
The virtual queuing segment held a larger queue management system market share in 2022 and is anticipated to record a higher CAGR in the market during the forecast period. The virtual queuing system is gaining popularity in the current scenario, and people are increasingly becoming aware of advanced technology in developed countries. This factor benefits the virtual queuing system developers as well as the end users, fueling the segment growth in the queue management system market.
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Regional Analysis:
North America held the largest queue management system market share in 2022. The development of the queue management system market in North America is driven by the rising usage in the healthcare, aviation, and retail industries. The investment in the healthcare industry to adopt advanced technologies is rapidly growing across the region. According to JAHANI AND ASSOCIATES LLC, in 2022, the healthcare sector in the US observed an increase in capital market activities due to the impact of the COVID-19 pandemic. The healthcare industry received an investment of US$ 110 billion for the development of technology to improve healthcare services. Moreover, approximately 45% of the transactions in the healthcare industry were merger and acquisition (M&A) deals, which were performed by companies to develop the existing technology. The expansion of the healthcare industry owing to an increased number of patients visiting hospitals is fueling the market across the region. The market in Canada and Mexico is also gaining popularity, as the number of system providers as well as end users is constantly increasing. Thus, all the above factors are propelling the queue management system market growth in North America.
Key Player Analysis:
Q-MATIC Group AB, Qminder Ltd, Q-nomy Inc, Skiplino, Wavetec, Aurionpro Solutions Ltd, Advantech Co Ltd, SEDCO Co Ltd, Lavi Industries, and AKIS Technologies UAB are the key queue management system market players profiled in the report.
Recent Developments:
The queue management system market players highly adopt inorganic and organic strategies. A few recent key market developments are listed below:
- In 2023, Alizz Islamic Bank successfully implemented SEDCO's advanced Queue Management Solution. The deployed queue management solution encompasses a comprehensive suite of advanced features meticulously designed to optimize customer flow and streamline branch operations. The solution includes an intelligent queuing system, dynamic digital signage, centralized management, and powerful business intelligence tools, all working in unison to provide a seamless and efficient banking experience.
- In 2023, Orabank Gabon collaborated with GBM to adopt SEDCO's Virtual Queue Management solutions, with a plan to extend more branches. The advanced virtual queueing system includes mobile booking, customer identification, digital signage, and mobile feedback, which creates a better customer journey, simplifies booking appointments, and reduces customer waiting times.
- In 2023, Q-MATIC Group AB launched the latest version of Orchestra 7.4 by adding an improved data security measure. The feature complies with the latest industry standards and regulations. Additionally, the improved version of Orchestra 7.4 streamlines the connection process, resulting in less time spent on establishing a secure connection.
- In 2023, Q-MATIC Group AB introduced a mobile ticket that allows customers to join a queue via text. The customers can message with a Mobile Ticket by Text. This feature benefits the organization by offering their customers quick, easy, and convenient use of text message queuing.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Component, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The queue management system market was valued at US$ 482.73 million in the year 2022 and is expected to grow at a CAGR of 5.5% during 2022-2030.
Rising focus on service quality enhancement in various sectors, increasing demand in healthcare sector, and increasing adoption to manage customer traffic and retain customers are the driving factors impacting the queue management system market.
The key players, holding majority shares, in queue management system market includes Advantech Co Ltd, Wavetec, Lavi Industries,Q-MATIC Group AB, and Aurionpro Solutions Ltd.
Escalating demand for virtual queue system is the future trends of the queue management system market.
Asia Pacific is anticipated to grow with the highest CAGR over the forecast period.
The queue management system market is expected to reach US$ 738.97 million by 2030.
The North America held the largest market share in 2022, followed by Europe and Asia Pacific.
The virtual queuing segment led the queue management system market with a significant share in 2022 and also expected to grow with the highest CAGR.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Queue Management System Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in Value Chain:
5. Queue Management System Market - Key Industry Dynamics
5.1 Drivers
5.1.1 Rising Focus on Service Quality Enhancement in Various Sectors
5.1.2 Increasing Demand in Healthcare Sector
5.1.3 Increasing Adoption to Manage Customer Traffic and Retain Customers
5.2 Market Restraints
5.2.1 Tremendous Growth in E-commerce Worldwide
5.2.2 Evolution of Mobile Apps by BFSI Sector
5.3 Market Opportunities
5.3.1 Implementing Artificial Intelligence in Queue Management System
5.4 Future Trends
5.4.1 Escalating Demand for Virtual Queue System
5.5 Impact of Drivers and Restraints:
6. Queue Management System Market - Global Market Analysis
6.1 Queue Management System Market Overview
6.2 Queue Management System Market Revenue (US$ Million), 2022 – 2030
6.3 Queue Management System Market Forecast and Analysis
7. Queue Management System Market Analysis - Type
7.1 Virtual Queuing
7.1.1 Overview
7.1.2 Virtual Queuing Market Revenue and Forecasts To 2030 (US$ Million)
7.2 Linear Queuing
7.2.1 Overview
7.2.2 Linear Queuing Market Revenue and Forecasts To 2030 (US$ Million)
8. Queue Management System Market Analysis - Component
8.1 Solution
8.1.1 Overview
8.1.2 Solution Market Revenue and Forecasts To 2030 (US$ Million)
8.2 Services
8.2.1 Overview
8.2.2 Services Market Revenue and Forecasts To 2030 (US$ Million)
9. Queue Management System Market Analysis – Application
9.1 BFSI
9.1.1 Overview
9.1.2 BFSI Market Revenue and Forecasts To 2030 (US$ Million)
9.2 Hospitals
9.2.1 Overview
9.2.2 Hospitals Market Revenue and Forecasts To 2030 (US$ Million)
9.3 Retail Outlets
9.3.1 Overview
9.3.2 Retail Outlets Market Revenue and Forecasts To 2030 (US$ Million)
9.4 Utility Service Providers and Airports
9.4.1 Overview
9.4.2 Utility Service Providers and Airports Market Revenue and Forecasts To 2030 (US$ Million)
9.5 Restaurants
9.5.1 Overview
9.5.2 Restaurants Market Revenue and Forecasts To 2030 (US$ Million)
9.6 Government Offices
9.6.1 Overview
9.6.2 Government Offices Market Revenue and Forecasts To 2030 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others Market Revenue and Forecasts To 2030 (US$ Million)
10. Queue Management System Market - Geographical Analysis
10.1 North America
10.1.1 North America Queue Management System Market Overview
10.1.2 North America Queue Management System Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.3 North America Queue Management System Market Breakdown by Type
10.1.3.1 North America Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
10.1.4 North America Queue Management System Market Breakdown by Component
10.1.4.1 North America Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
10.1.5 North America Queue Management System Market Breakdown by Application
10.1.5.1 North America Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
10.1.6 North America Queue Management System Market Revenue and Forecasts and Analysis - By Countries
10.1.6.1 US Queue Management System Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.6.1.1 US Queue Management System Market Breakdown by Type
10.1.6.1.2 US Queue Management System Market Breakdown by Component
10.1.6.1.3 US Queue Management System Market Breakdown by Application
10.1.6.2 Canada Queue Management System Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.6.2.1 Canada Queue Management System Market Breakdown by Type
10.1.6.2.2 Canada Queue Management System Market Breakdown by Component
10.1.6.2.3 Canada Queue Management System Market Breakdown by Application
10.1.6.3 Mexico Queue Management System Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.6.3.1 Mexico Queue Management System Market Breakdown by Type
10.1.6.3.2 Mexico Queue Management System Market Breakdown by Component
10.1.6.3.3 Mexico Queue Management System Market Breakdown by Application
10.2 Europe
10.2.1 Europe Queue Management System Market Overview
10.2.2 Europe Queue Management System Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.3 Europe Queue Management System Market Breakdown by Type
10.2.3.1 Europe Queue Management System Market Revenue and Forecasts and Analysis - By Type
10.2.4 Europe Queue Management System Market Breakdown by Component
10.2.4.1 Europe Queue Management System Market Revenue and Forecasts and Analysis - By Component
10.2.5 Europe Queue Management System Market Breakdown by Application
10.2.5.1 Europe Queue Management System Market Revenue and Forecasts and Analysis - By Application
10.2.6 Europe Queue Management System Market Revenue and Forecasts and Analysis - By Countries
10.2.6.1 France Queue Management System Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.1.1 France Queue Management System Market Breakdown by Type
10.2.6.1.2 France Queue Management System Market Breakdown by Component
10.2.6.1.3 France Queue Management System Market Breakdown by Application
10.2.6.2 Germany Queue Management System Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.2.1 Germany Queue Management System Market Breakdown by Type
10.2.6.2.2 Germany Queue Management System Market Breakdown by Component
10.2.6.2.3 Germany Queue Management System Market Breakdown by Application
10.2.6.3 UK Queue Management System Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.3.1 UK Queue Management System Market Breakdown by Type
10.2.6.3.2 UK Queue Management System Market Breakdown by Component
10.2.6.3.3 UK Queue Management System Market Breakdown by Application
10.2.6.4 Italy Queue Management System Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.4.1 Italy Queue Management System Market Breakdown by Type
10.2.6.4.2 Italy Queue Management System Market Breakdown by Component
10.2.6.4.3 Italy Queue Management System Market Breakdown by Application
10.2.6.5 Russia Queue Management System Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.5.1 Russia Queue Management System Market Breakdown by Type
10.2.6.5.2 Russia Queue Management System Market Breakdown by Component
10.2.6.5.3 Russia Queue Management System Market Breakdown by Application
10.2.6.6 Rest of Europe Queue Management System Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.6.1 Rest of Europe Queue Management System Market Breakdown by Type
10.2.6.6.2 Rest of Europe Queue Management System Market Breakdown by Component
10.2.6.6.3 Rest of Europe Queue Management System Market Breakdown by Application
10.3 Asia Pacific Queue Management System Market
10.3.1 Overview
10.3.2 Asia Pacific Queue Management System Market Revenue and Forecasts To 2030 (US$ Million)
10.3.3 Asia Pacific Queue Management System Market Breakdown by Type
10.3.3.1 Asia Pacific Queue Management System Market Revenue and Forecasts and Analysis - By Type
10.3.4 Asia Pacific Queue Management System Market Breakdown by Component
10.3.4.1 Asia Pacific Queue Management System Market Revenue and Forecasts and Analysis - By Component
10.3.5 Asia Pacific Queue Management System Market Breakdown by Application
10.3.5.1 Asia Pacific Queue Management System Market Revenue and Forecasts and Analysis - By Application
10.3.6 Queue Management System Market Breakdown by Countries
10.3.6.1 Australia Queue Management System Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.1.1 Australia Queue Management System Market Breakdown by Type
10.3.6.1.2 Australia Queue Management System Market Breakdown by Component
10.3.6.1.3 Australia Queue Management System Market Breakdown by Application
10.3.6.2 China Queue Management System Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.2.1 China Queue Management System Market Breakdown by Type
10.3.6.2.2 China Queue Management System Market Breakdown by Component
10.3.6.2.3 China Queue Management System Market Breakdown by Application
10.3.6.3 India Queue Management System Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.3.1 India Queue Management System Market Breakdown by Type
10.3.6.3.2 India Queue Management System Market Breakdown by Component
10.3.6.3.3 India Queue Management System Market Breakdown by Application
10.3.6.4 Japan Queue Management System Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.4.1 Japan Queue Management System Market Breakdown by Type
10.3.6.4.2 Japan Queue Management System Market Breakdown by Component
10.3.6.4.3 Japan Queue Management System Market Breakdown by Application
10.3.6.5 South Korea Queue Management System Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.5.1 South Korea Queue Management System Market Breakdown by Type
10.3.6.5.2 South Korea Queue Management System Market Breakdown by Component
10.3.6.5.3 South Korea Queue Management System Market Breakdown by Application
10.3.6.6 Rest of Asia Pacific Queue Management System Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.6.1 Rest of Asia Pacific Queue Management System Market Breakdown by Type
10.3.6.6.2 Rest of Asia Pacific Queue Management System Market Breakdown by Component
10.3.6.6.3 Rest of Asia Pacific Queue Management System Market Breakdown by Application
10.4 Middle East & Africa
10.4.1 Middle East & Africa Queue Management System Market Overview
10.4.2 Middle East & Africa Queue Management System Market Revenue and Forecasts to 2030 (US$ Million)
10.4.3 Middle East & Africa Queue Management System Market Breakdown by Type
10.4.3.1 Middle East & Africa Queue Management System Market and Forecasts and Analysis - By Type
10.4.4 Middle East & Africa Queue Management System Market Breakdown by Component
10.4.4.1 Middle East & Africa Queue Management System Market and Forecasts and Analysis - By Component
10.4.5 Middle East & Africa Queue Management System Market Breakdown by Application
10.4.5.1 Middle East & Africa Queue Management System Market and Forecasts and Analysis - By Application
10.4.6 Middle East & Africa Queue Management System Market Revenue and Forecasts and Analysis - By Countries
10.4.6.1 South Africa Queue Management System Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.6.1.1 South Africa Queue Management System Market Breakdown by Type
10.4.6.1.2 South Africa Queue Management System Market Breakdown by Component
10.4.6.1.3 South Africa Queue Management System Market Breakdown by Application
10.4.6.2 Saudi Arabia Queue Management System Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.6.2.1 Saudi Arabia Queue Management System Market Breakdown by Type
10.4.6.2.2 Saudi Arabia Queue Management System Market Breakdown by Component
10.4.6.2.3 Saudi Arabia Queue Management System Market Breakdown by Application
10.4.6.3 UAE Queue Management System Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.6.3.1 UAE Queue Management System Market Breakdown by Type
10.4.6.3.2 UAE Queue Management System Market Breakdown by Component
10.4.6.3.3 UAE Queue Management System Market Breakdown by Application
10.4.6.4 Rest of Middle East & Africa Queue Management System Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.6.4.1 Rest of Middle East & Africa Queue Management System Market Breakdown by Type
10.4.6.4.2 Rest of Middle East & Africa Queue Management System Market Breakdown by Component
10.4.6.4.3 Rest of Middle East & Africa Queue Management System Market Breakdown by Application
10.5 South & Central America
10.5.1 South & Central America Queue Management System Market Overview
10.5.2 South & Central America Queue Management System Market Revenue and Forecasts to 2030 (US$ Million)
10.5.3 South & Central America Queue Management System Market Breakdown by Type
10.5.3.1 South & Central America Queue Management System Market Revenue and Forecasts and Analysis - By Type
10.5.4 South & Central America Queue Management System Market Breakdown by Component
10.5.4.1 South & Central America Queue Management System Market and Forecasts and Analysis - By Component
10.5.5 South & Central America Queue Management System Market Breakdown by Application
10.5.5.1 South & Central America Queue Management System Market Revenue and Forecasts and Analysis - By Application
10.5.6 South & Central America Queue Management System Market Revenue and Forecasts and Analysis - By Countries
10.5.6.1 Brazil Queue Management System Market Revenue and Forecasts to 2030 (US$ Mn)
10.5.6.1.1 Brazil Queue Management System Market Breakdown by Type
10.5.6.1.2 Brazil Queue Management System Market Breakdown by Component
10.5.6.1.3 Brazil Queue Management System Market Breakdown by Application
10.5.6.2 Argentina Queue Management System Market Revenue and Forecasts to 2030 (US$ Mn)
10.5.6.2.1 Argentina Queue Management System Market Breakdown by Type
10.5.6.2.2 Argentina Queue Management System Market Breakdown by Component
10.5.6.2.3 Argentina Queue Management System Market Breakdown by Application
10.5.6.3 Rest of South & Central America Queue Management System Market Revenue and Forecasts to 2030 (US$ Mn)
10.5.6.3.1 Rest of South & Central America Queue Management System Market Breakdown by Type
10.5.6.3.2 Rest of South & Central America Queue Management System Market Breakdown by Component
10.5.6.3.3 Rest of South & Central America Queue Management System Market Breakdown by Application
11. Queue Management System Market – Impact of COVID-19 Pandemic
11.1 Pre & Post Covid-19 Impact
12. Competitive Landscape
12.1 Heat Map Analysis By Key Players
12.2 Company Positioning & Concentration
13. Queue Management System Market Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 Product Development
13.4 Mergers & Acquisitions
14. Company Profiles
14.1 Q-MATIC Group AB
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 Qminder 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 Q-nomy Inc
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 Skiplino
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 Wavetec
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 Aurionpro Solutions Ltd
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 Advantech Co Ltd
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
14.8 SEDCO Co Ltd
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Lavi Industries
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 AKIS Technologies UAB
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 Word Index
List of Tables
Table 1. Queue Management System Market Segmentation
Table 2. Queue Management System Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Queue Management System Market Revenue and Forecasts To 2030 (US$ Million) – Type
Table 4. Queue Management System Market Revenue and Forecasts To 2030 (US$ Million) – Component
Table 5. Queue Management System Market Revenue and Forecasts To 2030 (US$ Million) – Application
Table 6. North America Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 7. North America Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 8. North America Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 9. North America Queue Management System Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 10. US Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 11. US Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 12. US Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 13. Canada Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 14. Canada Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 15. Canada Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 16. Mexico Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 17. Mexico Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 18. Mexico Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 19. Europe Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 20. Europe Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 21. Europe Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 22. Europe Queue Management System Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 23. France Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 24. France Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 25. France Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 26. Germany Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 27. Germany Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 28. Germany Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 29. UK Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 30. UK Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 31. UK Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 32. Italy Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 33. Italy Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 34. Italy Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 35. Russia Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 36. Russia Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 37. Russia Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 38. Rest of Europe Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 39. Rest of Europe Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 40. Rest of Europe Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 41. Asia Pacific Queue Management System Market Revenue And Forecasts To 2030 (US$ Million) – Type
Table 42. Asia Pacific Queue Management System Market Revenue And Forecasts To 2030 (US$ Million) – Component
Table 43. Asia Pacific Queue Management System Market Revenue And Forecasts To 2030 (US$ Million) – Application
Table 44. Asia Pacific Queue Management System Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 45. Australia Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 46. Australia Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 47. Australia Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 48. China Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 49. China Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 50. China Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 51. India Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 52. India Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 53. India Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 54. Japan Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 55. Japan Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 56. Japan Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 57. South Korea Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 58. South Korea Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 59. South Korea Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 60. Rest of Asia Pacific Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 61. Rest of Asia Pacific Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 62. Rest of Asia Pacific Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 63. Middle East & Africa Queue Management System Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 64. Middle East & Africa Queue Management System Market Revenue and Forecasts To 2030 (US$ Million) – By Component
Table 65. Middle East & Africa Queue Management System Market Revenue and Forecasts To 2030 (US$ Million) – By Application
Table 66. Middle East and Africa Queue Management System Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 67. South Africa Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 68. South Africa Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 69. South Africa Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 70. Saudi Arabia Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 71. Saudi Arabia Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 72. Saudi Arabia Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 73. UAE Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 74. UAE Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 75. UAE Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 76. Rest of Middle East & Africa Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 77. Rest of Middle East & Africa Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 78. Rest of Middle East & Africa Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 79. South & Central America Queue Management System Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 80. South & Central America Queue Management System Market Revenue and Forecasts To 2030 (US$ Million) – By Component
Table 81. South & Central America Queue Management System Market Revenue and Forecasts To 2030 (US$ Million) – By Application
Table 82. South and Central America Queue Management System Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 83. Brazil Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 84. Brazil Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 85. Brazil Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 86. Argentina Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 87. Argentina Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 88. Argentina Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 89. Rest of South & Central America Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 90. Rest of South & Central America Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 91. Rest of South & Central America Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 92. Company Positioning & Concentration
Table 93. List of Abbreviation
List of Figures
Figure 1. Queue Management System Market Segmentation, By Geography
Figure 2. Global– PEST Analysis
Figure 3. Ecosystem: Queue Management System Market
Figure 4. Queue Management System Market - Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Queue Management System Market Breakdown by Geography, 2022 and 2030 (%)
Figure 7. Queue Management System Market Revenue (US$ Million), 2022 & 2030
Figure 8. Queue Management System Market Share (%) – Type, 2022 and 2030
Figure 9. Virtual Queuing Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Linear Queuing Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Queue Management System Market Share (%) – Component, 2022 and 2030
Figure 12. Solution Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Services Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Queue Management System Market Share (%) – Application, 2022 and 2030
Figure 15. BFSI Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Hospitals Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Retail Outlets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Utility Service Providers and Airports Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Restaurants Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Government Offices Market Revenue and Forecasts To 2030 (US$ Million)
Figure 21. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. Queue Management System Market Revenue Share, By Region (2022 & 2030)
Figure 23. Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 24. Queue Management System Market Breakdown by Type, 2022 and 2030 (%)
Figure 25. Queue Management System Market Breakdown by Component (2022 and 2030)
Figure 26. Queue Management System Market Breakdown by Application, 2022 and 2030 (%)
Figure 27. Queue Management System Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 28. US Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 29. Canada Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 30. Mexico Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 31. Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 32. Queue Management System Market Breakdown by Type (2022 and 2030)
Figure 33. Queue Management System Market Breakdown by Component (2022 and 2030)
Figure 34. Queue Management System Market Breakdown by Application (2022 and 2030)
Figure 35. Queue Management System Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 36. France Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 37. Germany Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 38. UK Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 39. Italy Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 40. Russia Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 41. Rest of Europe Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 42. Asia Pacific Queue Management System Market Revenue And Forecasts To 2030 (US$ Million)
Figure 43. Asia Pacific Queue Management System Market Breakdown by Type (2022 and 2023)
Figure 44. Asia Pacific Queue Management System Market Breakdown by Component (2022 and 2023)
Figure 45. Asia Pacific Queue Management System Market Breakdown by Application (2022 and 2023)
Figure 46. Asia Pacific Queue Management System Market Breakdown By Key Countries, 2022 And 2030 (%)
Figure 47. Australia Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 48. China Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 49. India Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 50. Japan Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 51. South Korea Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 52. Rest of Asia Pacific Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 53. Queue Management System Market Revenue and Forecasts To 2030 (US$ Million)
Figure 54. Middle East & Africa Queue Management System Market Breakdown by Type (2022 and 2023)
Figure 55. Middle East & Africa Queue Management System Market Breakdown by Component (2022 and 2023)
Figure 56. Middle East & Africa Queue Management System Market Breakdown by Application (2022 and 2023)
Figure 57. Queue Management System Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 58. South Africa Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 59. Saudi Arabia Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 60. UAE Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 61. Rest of Middle East & Africa Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 62. Queue Management System Market Revenue and Forecasts To 2030 (US$ Million)
Figure 63. South & Central America Queue Management System Market Breakdown by Type (2022 and 2023)
Figure 64. South & Central America Queue Management System Market Breakdown by Component (2022 and 2023)
Figure 65. South & Central America Queue Management System Market Breakdown by Application(2022 and 2023)
Figure 66. Queue Management System Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 67. Brazil Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 68. Argentina Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 69. Rest of South & Central America Queue Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 70. Heat Map Analysis By Key Players
The List of Companies - Queue Management System Market
- Q-MATIC Group AB
- Qminder Ltd
- Q-nomy Inc
- Skiplino
- Wavetec
- Aurionpro Solutions Ltd
- Advantech Co Ltd
- SEDCO Co Ltd
- Lavi Industries
- AKIS Technologies UAB
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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