US queue management system market is growing at a CAGR of 4.3% during the forecast period. The ranks ahead of large, developed economies almost on all benchmarks US for the implementation of queue management systems. With an internet penetration of over 90% and smartphone penetration of 75% as of January 2019, the country hosts robust connectivity infrastructure. However, the nation hosts an almost uniform literacy rate since the past decade with minimal improvement, wherein 14% of the population does not and cannot read. Further, the US has some of the most regulated standards and certifications in the globe with an emphasis on catering to the individual’s needs and areas of interest. Queue management systems are prominent and driven by better availability of internet infrastructure and the high ownership of smartphones and tablets.
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The US queue management system market is segmented based on type, end-user, and deployment. Based on type, the queue management system market is fragmented into linear queuing and virtual queuing. On the basis of end-user, the market is classified into financial institutions, healthcare, hospitality, retail, telecom, others. Based on deployment, the market is categorized into on-premise and cloud. In the past couple of years, the demand for queue management systems in healthcare settings witnessed significant growth due to the rapid patient footfall. World-class healthcare facilities have a significant impact over global healthcare and its associated markets. Due to this, there has been a substantial rise in the number of surgical procedures undertaken for the treatment of diseases owing to the growing patient pool. For instance, the Agency for Healthcare Research and Quality estimated that more than 600,000 knee replacement surgeries are conducted in the US per year. Furthermore, spinal operations vary from 650,000 to 700,000. An approximate 340,000 coronary artery bypass graft (CABG) procedures per year are performed in the US. Further, the recent outbreak of COVID-19 contributed to the increased demand for queue management systems for the prevention of virus spread. As of Dec, 2020, an approximate 16.4 million cases were reported for COVID-19.
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The market study of the US queue management system market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.
US Queue Management System Market – Segmentation
by Type
Linear Queuing
Virtual Queuing
by End-user
Financial Institutions
Healthcare
Hospitality
Retail
Telecom
Others
by Deployment
On-premise
Cloud
Company Profiles
Aurionpro Solutions Limited
Countwise
Lavi Industries
Q-nomy Inc.
QLess, Inc.
Qmatic
Queueme Technologies Pvt Ltd
Tensator Inc
TimeTrade
V-count
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