North America queue management system market is growing at a CAGR of 4.2% during the forecast period. The high demand for queueing solutions in the US mainly influences market growth in North America. The trend of social distancing solutions is driving the popularity and acceptance of queuing solutions across all segments. The high average disposable income of the population, rapid proliferation of smartphones, and innovations in the development of interactive and insightful platforms are the main factors expected to fuel market growth in terms of user base and subscriptions. Factors such as an increase in the spending power of millennials, high adoption of smartphones, inclination toward new technology, and widespread urbanization are driving the queue management system market in the region. 

Further, the region, particularly the US, has made numerous technological advances. The US is known as a technological innovator due to the emergence of gigantic online retailers, the rapid development of social media applications, and the growth of the cloud. However, apart from the US, Canada is rapidly emerging as a major center for technological developments. In 2018, the country had an internet penetration of more than 90%. More than 20 million people are active social media users in the country. These factors in tandem contribute to the development of a sustainable business environment supporting the growth of the market in the region. 

The North America 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 terms of geography, the market is evaluated on the basis of the US and Canada. US is the major contributor in terms of market value, while Canada is the fastest growing country in the region. Canada is a prominent market for queue management systems due to improving connectedness and intelligence. The incorporation of artificial intelligence and big data is leading to the commercialization of several research domains. Investments in AI technology in Canada almost doubled in the last three years. The government of Canada has also made significant investments in AI research. In 2017, the federal government announced $125 million for the Pan-Canadian Artificial Intelligence Strategy. In 2018, the government also announced plans of investing $4.73 billion into six AI-related businesses in Montreal, Quebec.

Research Methodology

The market study of the North America 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.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. North America Queue Management System Market Research and Analysis by Type
2. North America Queue Management System Market Research and Analysis by End-user
3. North America Queue Management System Market Research and Analysis by Deployment

The Report Covers

• Comprehensive research methodology of the North America queue management system market.
• This report also includes a detailed and extensive market overview with the key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the North America queue management system market.
• Insights about market determinants which are stimulating the North America queue management system market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.