Dublin, July 28, 2020 (GLOBE NEWSWIRE) -- The "North America Queue Management System Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type; Component; Application, and Country" report has been added to ResearchAndMarkets.com's offering.
The North America queue management system market is expected to reach US$ 194.6 million by 2027 from US$ 160.8 million in 2019; it is estimated to grow at a CAGR of 2.7% during the forecast period. North America includes the US, Canada, and Mexico, among other countries. On average, the businesses in the US lose ~US$ 130 billion in a year due to long queues at checkout points. Thus, several businesses are implementing queue management systems for moderating the customer retention rate, thereby generating high demands for these systems.
The virtual queuing segment led the queue management system market based on type in 2019. This type is gaining popularity in the current scenario as a majority of the populations in the developed countries are well aware of this advanced technology. The growing technological advancements and incorporation of additional features are other key factors boosting the deployment of the queue management system among various end-users.
The overall North America queue management system market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the market with respects to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America queue management system market.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America 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 North America 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 North America market trends and outlook coupled with the factors driving the 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
Key Topics Covered:
1. Introduction
1.1 Study Scope
1.2 Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Queue Management System Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Ecosystem Analysis
5. Queue Management System Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Continuous Demand for Innovative Solution
5.1.2 Growing Demand for Smart Customer Management Systems
5.2 Market Restraints
5.2.1 Rapid Growth in E-Commerce
5.2.2 Rising Use of Internet Banking
5.3 Market Opportunities
5.3.1 Growing Adoption by Healthcare Sector Asserting Growth
5.4 Future Trends
5.4.1 Increase in Demand for Virtual Queue System
5.5 Impact Analysis of Drivers and Restraints
6. Queue Management System Market - North America Analysis
6.1 North America: Queue Management System Market
6.1.1 North America: Queue Management System Market - Revenue and Forecast to 2027 (US$ Million)
7. Queue Management System Market Analysis - By Type
7.1 Overview
7.2 North America: Queue Management System Market, By Type
7.3 Virtual Queuing
7.3.1 Overview
7.3.2 Virtual Queuing: Queue Management System Market - Revenue and Forecast to 2027 (US$ Million)
7.4 Linear Queuing
7.4.1 Linear Queuing: Queue Management System Market - Revenue and Forecast to 2027 (US$ Million)
8. Queue Management System Market Analysis - By Component
8.1 Overview
8.2 North America: Queue Management System Market, By Component
8.3 Solutions
8.3.1 Overview
8.3.2 Solution: Queue Management System Market - Revenue and Forecast to 2027 (US$ Million)
8.4 Services
8.4.1 Services: Queue Management System Market - Revenue and Forecast to 2027 (US$ Million)
9. Queue Management System Market Analysis - By Application
9.1 Overview
9.2 North America: Queue Management System Market, By Application
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals: Queue Management System Market - Revenue and Forecast to 2027 (US$ Million)
9.4 BFSI
9.4.1 BFSI: Queue Management System Market - Revenue and Forecast to 2027 (US$ Million)
9.5 Retail Outlets
9.5.1 Retail Outlets: Queue Management System Market - Revenue and Forecast to 2027 (US$ Million)
9.6 Utility Service Providers and Airports
9.6.1 Utility Service Providers and Airport: Queue Management System Market - Revenue and Forecast to 2027 (US$ Million)
9.7 Restaurants
9.7.1 Restaurants: Queue Management System Market - Revenue and Forecast to 2027 (US$ Million)
9.8 Government Offices
9.8.1 Government Offices: Queue Management System Market - Revenue and Forecast to 2027 (US$ Million)
9.9 Others
9.9.1 Others: Queue Management System Market - Revenue and Forecast to 2027 (US$ Million)
10. Queue Management System Market - Country Analysis
10.1 North America: Queue Management System Market
10.2 North America: Queue Management System Market, By Country
10.2.1.1 US: Queue Management System Market - Revenue and Forecast to 2027 (US$ Million)
10.2.1.2 Canada: Queue Management System Market - Revenue and Forecast to 2027 (US$ Million)
10.2.1.3 Mexico: Queue Management System Market - Revenue and Forecast to 2027 (US$ Million)
11. Impact of COVID-19 Pandemic on Queue Management System Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition
13. Company Profiles
13.1 Qmatic
13.2 Qminder Limited
13.3 Q-nomy Inc.
13.4 Wavetec
13.5 Aurionpro Solutions Limited
13.6 Advantech Co. Ltd.
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