People counting system consists of people counter device that measures the number and direction of people traversing any entrance or a passage per unit time. This device is widely used in the entrances of buildings to record the total number of visitors. The people counting system market is growing because of high accuracy and reliability factors. There are various technologies associated with people counting systems such as infrared beams, thermal sensing, video and others. These technological advancements have aided people counting system vendors to bring innovation into their systems and software. The people counting systems and analyzing people behavior would encourage an orderly growth in the urban transportation.
The global people counting system market is expected to grow approximately at USD 1,139.3 Million by 2022, approx.14.01% of CAGR between 2016 and 2022.
Key Players
The key players of people counting system market includes Iris GmbH (Germany), ShopperTrak (U.S.), RetailNext, Inc. (U.S.), Axis Communication AB (Sweden), FLIR Systems (U.S.), HELLA Aglaia Mobile Vision GmbH (Germany), InfraRed Integrated Systems Ltd (U.K.), IEE S.A. (Luxembourg), Eurotech SpA (Italy) and Traf-sys, Inc.(U.S.)
Target Audience
• Investors and consultants
• System Integrators
• Government Organizations
• Research/Consultancy firms
• Technology solution providers
• Hardware manufacturers
• Entertainment Sector
• Sports Organization
Key Findings
• The global people counting system market is expected to reach USD 1139.3 Million by 2022.
• By Type, bidirectional type in people counting system accounts for the largest market share and is growing with approximately ~16% CAGR during forecast period.
• By Connectivity, wireless sub segment holds the largest market growing with approximately 15% CAGR by the end of forecast period.
• By Product, overhead counting system sub segment holds the largest market growing with approximately 16% CAGR by the end of forecast period.
• By Application, retail sub segment holds the largest market growing with approximately 18% CAGR by the end of forecast period.
• Geographically, North America region has been projected to have the largest market share in global people counting system market followed by Europe region, while Asia-Pacific region has been projected to grow at the highest rate in people counting system market.
Regional and Country Analysis of People Counting System Market Estimation and Forecast
The regional analysis of people counting system market is being studied for regions such as Asia Pacific, North America, Europe and Middle East & Africa. It has been observed that North America is estimated to account for the largest share of the people counting system market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in people counting system market in North America is attributed to the technical advancements and increasing security concerns in that region. Asia-Pacific is expected to be the fastest growing region due to growing need of upkeep of consumer traffic in retail stores and transport places. The increasing population in the region is major driving factor for the growth of people counting system market.
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Target Audience
• Investors and consultants
• System Integrators
• Government Organizations
• Research/Consultancy firms
• Technology solution providers
• Hardware manufacturers
• Entertainment Sector
• Sports Organization
Key Findings
• The global people counting system market is expected to reach USD 1139.3 Million by 2022.
• By Type, bidirectional type in people counting system accounts for the largest market share and is growing with approximately ~16% CAGR during forecast period.
• By Connectivity, wireless sub segment holds the largest market growing with approximately 15% CAGR by the end of forecast period.
• By Product, overhead counting system sub segment holds the largest market growing with approximately 16% CAGR by the end of forecast period.
• By Application, retail sub segment holds the largest market growing with approximately 18% CAGR by the end of forecast period.
• Geographically, North America region has been projected to have the largest market share in global people counting system market followed by Europe region, while Asia-Pacific region has been projected to grow at the highest rate in people counting system market.
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Table Of Contents:
1 Executive Summary 10
2 Market Dynamics 11
2.1 Market Drivers 11
2.1.1 Increasing struggle of retail stores with ecommerce players 11
2.1.2 Increasing security concerns at public places 11
2.1.3 High demand of people counting systems from transport sector 12
2.2 Market Restraint 13
2.2.1 High costs involved in the advanced people counting systems 13
2.3 Market Opportunity 13
2.3.1 Rise of big data analytics 13
2.4 Market Challenge 13
2.4.1 Technical Limitation of people counting system 13
2.5 People Counting System Supply Chain 14
2.6 Porter’s Five Forces Analysis 15
…..
8 Competitive Landscape 57
8.1 Introduction 57
8.2 Competitive Scenario 57
8.3 Market Share Analysis 58
8.4 Company Profiles 59
8.4.1 Traf-sys, Inc. 59
8.4.1.1 Company Overview 59
8.4.1.2 Product/Services Offering 59
8.4.1.3 Strategy 59
8.4.1.4 SWOT Analysis 60
8.4.2 RetailNext, Inc. 61
8.4.2.1 Company Overview 61
8.4.2.2 Product/Services Offering 61
8.4.2.3 Business Strategy 61
8.4.2.4 SWOT Analysis 62
8.4.3 ShopperTrak 63
8.4.3.1 Company Overview 63
8.4.3.2 Product/Services Offering 63
8.4.3.3 Business Strategy 63
8.4.3.4 SWOT Analysis 64
8.4.4 Axis Communications AB 65
8.4.4.1 Company Overview 65
8.4.4.2 Product/Services Offering 65
8.4.4.3 Business Strategy 66
8.4.4.4 SWOT Analysis 66
8.4.5 FLIR Systems 67
8.4.5.1 Company Overview 67
8.4.5.2 Product/Services Offering 67
8.4.5.3 Business Strategy 68
8.4.5.4 SWOT Analysis 68
8.4.6 HELLA Aglaia Mobile Vision GmbH 69
8.4.6.1 Overview 69
8.4.6.2 Product Portfolio 69
8.4.7 InfraRed Integrated Systems Ltd. 69
8.4.7.1 Company Overview 69
8.4.7.2 Product/Services Offering 69
8.4.7.3 Strategy 69
8.4.8 IEE S.A. 70
8.4.8.1 Company Overview 70
8.4.8.2 Product Portfolio 70
8.4.9 Eurotech S.p.A. 71
8.4.9.1 Business Overview 71
8.4.9.2 Product Portfolio 71
8.4.10 Iris-GmbH 72
8.4.10.1 Business Overview 72
8.4.10.2 Product Portfolio 72
Continued…….
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