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Visitor Management System (VMS) Market Size

  • Report ID: GMI6675
  • Published Date: Dec 2024
  • Report Format: PDF

Visitor Management System Market Size

The global visitor management system market size was valued at USD 1.7 billion in 2024 and is estimated to register a CAGR of 13.3% between 2025 and 2034, due to the increasing focus on security and compliance in today's business world. As security threats rise, more organizations are adopting advanced visitor management solutions. These systems help businesses track visitor activities, control access, and keep detailed records, which are essential for regulatory compliance and security checks. Privacy laws such as GDPR and CCPA also drive the need for VMS solutions, ensuring visitor data protection and legal compliance.

 

Additionally, a significant driver for the growth of the visitor management system market is the increasing efforts by major companies to innovate and enhance their product offerings. Leading VMS providers are enhancing their technologies to integrate advanced security features, improve operational efficiency, and offer a better user experience. For instance, in July 2024, Envoy launched the Virtual Front Desk, a new tool for small teams. This solution helps teams manage multiple locations remotely, handle vendor interactions, and enhance visitor management.
 

The new tool welcome, assist, and register visitors without on-site staff. Companies can now speed up visitor check-ins, meet security and compliance needs, and save costs. This tool is especially useful in today's work environment, where teams are spread out and need secure visitor management, even after hours or in offices with few staff members.
 

Organizations are also focusing more on security and risk management. By using visitor management systems, businesses can better protect their premises, employees, and confidential data. As security risks evolve, VMS solutions provide a strong framework for managing access and monitoring visitors, enhancing the security of organizations across various industries. The growing need for these systems shows a strong focus on creating secure and controlled environments, driving market growth.
 

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of visitor management system reached USD 1.7 billion in 2024 and is set to grow at a 13.3% CAGR from 2025 to 2034, driven by increasing security concerns and regulatory compliance requirements.

The BFSI segment accounted for 23% of the market share in 2024, as these systems help mitigate risks by monitoring visitors, identifying threats, and ensuring compliance with regulatory standards.

The North America market held a 35% revenue share in 2024, led by stringent regulations and the adoption of advanced technologies like AI, biometrics, and cloud-based systems.

The key players in the industry include Envoy, HID Global, Honeywell, iLobby, MRI Software, Pitney Bowes, Proxyclick, Sign In Enterprise, SwipedOn, and Teamgo.

Visitor Management System Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 19
  • Tables & Figures: 200
  • Countries covered: 21
  • Pages: 175
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