Market Highlights
People counting systems are the devices that are used to count the number of people traveling a certain entrance or passage. In retail stores, they are usually deployed to calculate conversion rate of the consumer traffic, analyzing marketing effectiveness and are used in resource planning & allocation. The people counting system has implementation both in 2D and 3D technology. The 3D technology drivers are accurately distinguished between people, objects and the background of the space, identify the direction of travel (entering or exiting) and handle high volume traffic and identify and measure groups (for example, families shopping together). People counting system have wide potential applications such as in video surveillance and public resources management. Recently there has been a rise the events, concerts and night clubs. In some countries, their government have rules that specify the maximum capacity of any venue. In such cases a people counting system becomes mandatory for avoidance of breaking the law. There are many night clubs that guaranty security of their clients to make profit, but police department also make sure that the rules are followed especially in places like nightclubs, bars and others. So to dedicate resources and time to make sure the maximum capacity on these locals is never surpassed, in order to avoid dangerous situations people counting systems are adopted.
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The Global People Counting System Market is growing rapidly over 14% of CAGR and is expected to reach at USD ~1,100 million by the end of forecast period 2022.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global People Counting System Market Research Report -Forecast to 2022”.
Key Findings:
The global people counting system market is expected to reach USD ~1,100 million by 2022, growing with approximately 14% of CAGR during forecast period 2016-2022.
- By Type, unidirectional people counting system is dominating the market and is expected to reach USD 600 million by 2022.
- By Connectivity, Wireless is expected to grow with 14% CAGR during forecast period 2016-2022.
- North America is expected to dominate the market of people counting system market throughout the forecast period.
- By Application- Transportation sector is dominating the market and is expected to reach USD 300 million by the end of 2022.
Key Players
The prominent players in the global People Counting System Market are Iris GmbH, ShopperTrak, Retail Next, Inc., Axis Communication AB, FLIR Systems, HELLA Aglaia Mobile Vision GmbH, Infrared Integrated Systems Ltd, IEE S.A., Eurotech SpA and Traf-sys, Inc. among others.
Segments:
Global People Counting System Market for segment on the basis of position, type, technology and application.
People Counting System Market by Position:
- Overhead Beam
- Horizontal Beam
People Counting System Market by Type:
- Bidirectional
- Unidirectional
People Counting System Market by Technology:
- Wired
- Wireless
People Counting System Market by Application:
- Transportation
- Retail
- Banking & Finance
- Hospitality
- Sports & Entertainment
- Government
- Others
Regional Analysis:
The regional analysis of global people counting system market is being studied for region such as Asia pacific, Americas, Europe and Rest of the World. Rapid evolution of IOT across different industries has driven the market of global people counting system market. The North America region to dominate the market of global people counting system. Asia-Pacific is the leading region in the people counting system market. Retail stores, supermarkets, and shopping malls are the leading application areas in the Asia-Pacific people counting system market. The increasing number of retail stores is one of the major driving factors for the growth of the market in Asia-Pacific. Asia Pacific will be a prominent market throughout the forecast period. Countries such as China, India, Japan, and Singapore will be the sites of high growth rate throughout the forecast period.
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Intended Audience
- Investors and consultants
- System Integrators
- Government Organizations
- Research/Consultancy firms
- Technology solution providers
- Hardware manufacturers
- Entertainment Sector
- Sports Organization
The report for People Counting System Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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