What you should know about Room Booking System Market in 2023

Here is the data of the global meeting room booking system market that you must know.

Room booking software is used to reserve conference rooms, shared workplaces, or hot-desk. Employees can use the system to reserve and manage conference rooms, guests, services, video conferencing, lockers, or any other area through a single platform.

If the meeting schedule changes, all relevant modifications are made immediately, keeping everyone involved in the know.

The system also enables administrators to understand space consumption as well as resource requirements through thorough reporting, allowing them to make better decisions and efficiently manage expenditures.

Room Booking System Software Market

Meeting Room Booking System Software Market was worth USD 63,405.2 Thousand in 2018 and is predicted to expand 9.6 percent between 2019 and 2026, reaching USD 129,624.0 Thousand by 2026.

(Verified market research)

Key Players in Global Market

The followings are the key players operating in the global meeting room booking system market in 2022:

  • The U.S.: Accruent, Teem, AgilQuest, SpaceIQ, RobinPowered, Envoy, OfficeSpace, Roomzilla, iOFFICE
  • UK: Condeco 
  • Australia: Skedda 
  • Ireland: Book Meeting Room
  • Hong Kong: ONES – All-in-one smart office system

Types of Room Booking System Software

The market is divided into two segments: cloud-based and web-based. Web-based held the biggest market share.

Typically, the company has conference rooms with tablets mounted on the outside wall and loaded with conference room booking software, allowing users to monitor and reserve availability automatically via a web interface. Because of these qualities, web-based meeting room booking software is projected to have the highest market value.

(Verified market research)

Users of Room Booking System Software

The market is divided into two segments: large organizations and SMEs.

Large corporate clients are often spread throughout many areas rather than concentrated in one, and they have larger market shares, technological competence, and successful business strategies.

Large corporations are often in charge of complicated systems and software. As a result, major firms were predicted to have the highest market share.

(Verified market research)

Location of people used Room Booking System Software

In 2018, the Global Meeting Room Booking System Software Market was dominated by North America.

In 2018, the United States accounted for the bulk of the market in this area, a trend that is likely to continue throughout the forecast period.

(Verified market research)

Size of Global Meeting Room Booking System Software Market

The Global Meeting Room Booking System Software Market is anticipated to increase at a CAGR of 12.9 percent from USD 65.5 million in 2020 to USD 135.4 million by 2026.

(Stratview Research)

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