The global visitor management system market  size is estimated to grow by USD 1.56 billion from 2023-2027, according to Technavio. The market is estimated to grow at a CAGR of 16.91% during the forecast period. 

Market Driver
More and more organizations are really caring about security nowadays, and that's a big reason why the global market for visitor management systems is growing. These systems help keep places safe by controlling who can come in and keeping an eye on them. They check visitors' IDs, make sure they're not on any troublemaker lists, and only let them in if they meet certain rules.
This stops unauthorized people from getting in and causing problems. In important industries like banking, healthcare, and government, where security is super important, these systems are a must-have. They help follow the rules and keep good records of who's been in and out. Also, they give useful info about who's visiting and when, which can help spot any security risks early on.
By using this info, organizations can be proactive about security and keep things safe. So, because everyone is really caring about security, this market is expected to keep growing in the future.
Market Challenges
Segment Overview 
This visitor management system market report extensively covers market segmentation by
1.1 BFSI-  The banking, finance, and insurance industries are expected to grow a lot in the coming years. Many of these institutions, like banks and insurance companies, are starting to use visitor management services more. These services help them keep track of who comes in and out of their buildings, making sure everything stays safe and secure.
For more information on market segmentation with geographical analysis including forecast (2023-2027) and historic data (2017-2021) - Download a Sample Report
Research Analysis

Source prnewswire