Appointment scheduling software market to reach $786.2 million by 2030
The global appointment scheduling software market size is expected to grow from USD $281.2 million in 2021 to USD %786.2 million by 2030, at a CAGR of 12.1% from 2022 to 2030, according to the Market Statsville Group (MSG).
Appointment scheduling software allows clients to book, reschedule, and cancel appointments through a web interface or mobile application. When customers want to schedule an appointment, they go to the company's website, Facebook page, or any other place where the booking software is supported and select an available date and time.
Appointment scheduling software can attract and retain customers; enhances revenue; boost staff efficiency; minimizes no-shows, controls arrival flow and customer footfall on-premises; and puts less pressure on staff.
According to Market Statsville Group, increasing global appointment scheduling software is mainly due to increasing digitisation. The growing digitalisation of the IT industry has resulted in many new market opportunities.
Furthermore, technological advancements such as artificial intelligence and machine learning provide significant growth opportunities in the forecast period.
COVID-19 Impact on the Global Appointment Scheduling Software Market
Since the COVID-19 pandemic, major players are facing business concerns associated with the coronavirus outbreak, supply chain disruption, and a possible decline in consumer spending. Nevertheless, increasing concerns concerning social distancing and the emergence of a work-from-home culture have boosted the adoption of digital products and services over this period. It has resulted in accelerating demand for appointment-scheduling software across the world.
The report states that North America accounts for the highest CAGR during the forecast period.
Based on the regions, the global appointment scheduling software market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. Globally, North America is estimated to hold the highest CAGR in the global appointment scheduling software market during the forecast period. The region includes the countries such as the US, Canada, and Mexico. The adoption of internet access, the high concentration of vendors, and the availability of in-house IT solutions and cloud infrastructure will boost North America's appointment scheduling software market over the forecast period.
Key Market Players in the Global Appointment Scheduling Software Market
The global appointment scheduling software market is highly competitive, with key industry players adopting various strategies such as product development, partnerships, acquisitions, agreements, and expansion to strengthen their market positions. Most market companies focus on expanding operations across regions, augmenting their capabilities, and building strong partner relations.