Appointment Scheduling Software Market Set to Achieve a Valuation of US$ 546.31 Million, Riding on a 13.1% CAGR by 2026

According to the report published by Allied Market Research, the global appointment scheduling software market was estimated at $205.85 million in 2018 and is expected to hit at $546.31 million by 2026, garnering a CAGR of 13.1% from 2019 to 2026. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and changing market trends.

Rapid increases in the adoption of smartphones & internet, the increasing need to optimize business performance by saving time, and surge in the adoption of m-health apps fuel the growth of the global appointment scheduling software market. On the other hand, lack of data network infrastructure restrains the growth to some extent. However, use of AI and NLP to offer intelligent appointment scheduling solutions are expected to create lucrative opportunities for the key players in the industry.

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Based on type, the web-based, SaaS appointment scheduling software segment dominated the appointment scheduling software market share in 2018. However, the mobile native apps segment is projected to lead the market during the forecast period owing to increase in smartphone users and change in the preference of consumers for appointment booking.

Based on end user industry, the corporate sector accounted for the highest appointment scheduling software market size in 2018. However, the healthcare segment is expected to grow at the highest CAGR during the forecast period due to the growth in adoption of online systems to manage hospital and patient data. Moreover, by doing appointment scheduling software market analysis, it can also be predicted that increasing usage of m-health apps will further contribute to drive the appointment scheduling software market growth for this segment.

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Based on organization size, the large enterprises segment generated the major share, accounting for nearly two-thirds of the total market. At the same time, the SMEs segment is anticipated to showcase the fastest CAGR of 14.2% during the estimated period.

Based on geography, North America contributed to more than two-fifths of the total market revenue in 2018 and is expected to lead the trail till 2026. Simultaneously, the Asia-Pacific region would register the fastest CAGR of 15.3% during 2019-2026.

The key market players analyzed in the global appointment scheduling software market report include Melian Labs, Inc., Appointy, 10to8, Setmore, SimplyBook.me, Square, Inc., Timetrade, Acuity Scheduling (Squarespace), SuperSaaS, and MindBody. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to heighten their stand in the industry.

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The report focuses on the growth prospects, restraints, and appointment scheduling software market trends. The study provides Porter's five forces analysis of appointment scheduling software to understand the impact of various factors such as bargaining power of suppliers, competitive rivalry, threat of new entrants, threat of substitutes, and bargaining power of buyers on the appointment scheduling software market growth.

Advantages of Appointment Scheduling Software Market:

• This study provides an analytical overview of the industry, including current trends and forecasts for the appointment scheduling software market, helping identify promising investment opportunities.

• The report offers insights into the primary factors driving, limiting, and creating opportunities within the appointment scheduling software market.

• It conducts a quantitative analysis of the market's financial performance from 2018 to 2026, shedding light on the financial strength of the appointment scheduling software industry.

• Through Porter's five forces analysis, it assesses the relative power of both buyers and suppliers in the market.

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