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Global People Counting System Industry Market Dynamics & Strategic Insights 2021-2030
The people counting system consists of individuals counter device that measures the amount and direction of individuals traversing any entrance or a passage per unit of your time. This device is widely utilized in the entrances of buildings to record the entire number of tourists. These systems have a usage in different industry domains. There are various technologies related to people counting systems such as infrared beams, thermal sensing, video, etc. A people counter is a device that’s wont to measure the number of individuals traversing a particular passage or entrance.
Global People Counting System Market іѕ ѕеgmеntеd on the bаѕіѕ оf Technology (Infrared, Thermal Imaging, Video-Based), By Component (Hardware, Software) End-Use (BFSI, Commercial, Government & Defense, Healthcare, Hospitality & Entertainment, Retail, Transportation) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global People Counting System Market wаѕ vаluеd аt UЅD 1,456.2 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 14.6% frоm 2021 tо 2030.
The report on Global People Counting System Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global People Counting System Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global People Counting System Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global People Counting System Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global People Counting System Market.
Market Dynamics:
The rising awareness about retail analytics for understanding customer preferences in retail, hospitality, and entertainment sectors is a factor expected to drive the growth of the global people counting system market. Several counting technologies offer real-time traffic measurement using hardware & software combinations such as video-based systems and sensors, proving to be beneficial for the end-use industries is another factor expected to fuel the growth of the global market. The rapidly developing retail sector and the increasing adoption of digitized technologies are compelling retailers to adopt advanced people counters is a factor projected to boost the growth of the global market. Furthermore, technical enhancements and the integration of new technologies such as Time-of-Flight (ToF), beacons, stereo vision, among others will drive the people counting system market. Also, several manufacturers in the industry are introducing 2D & 3D video-based counting systems that provide accurate traffic measurement results due to the deployment of cameras and stereo vision sensors is a factor expected to drive the growth of the global market.
However, the high cost and lack of technical awareness is a major factor expected to restrain the growth of the global market. Furthermore, advancements in people counting solutions such as the availability of 3D people counting provide lucrative opportunities in the global people counting system market.
Segmental Analysis:
Among the technology segments, the video-based segment is accounted for a major revenue share in the global market. This is attributed to the wide acceptance of video-based people counting systems in various end-users, such as supermarkets, and shopping malls, transportation, corporate, retail stores, hospitality, banking, and financial institutes, and others.
Among the component segments, the hardware segment is projected to dominate the global market, owing to their ability to gather more accurate data required for providing the precise visitor count. Companies are investing heavily to develop more hardware which will add harsh environments without compromising on the efficiency of individuals counting systems.
Among the end-use segment, the retail segment is expected to dominate the target market, owing to several benefits offered by these systems, and will expand at a CAGR over the coming years.
Regional Analysis:
Asia Pacific people counting system market is expected to account for major revenue share in the global market, due to technological expansions taking place in markets such as India, China, and Singapore. Also, the high establishment of the people counting manufacturers, increasing demand from transportation, retail, and government sectors. Furthermore, increasing urbanization and construction of smart residential & commercial buildings, increasing demand for these solutions to monitor the number of visitors in the region. Moreover, highly-populated countries including India and China are focusing on improving transportation facilities and providing secure transit services to citizens in the region.
Global People Counting System Market Segmentation:
Segmentation by Technology:
• Infrared
• Thermal Imaging
• Video-Based
Segmentation by Component:
• Hardware
• Software
Segmentation by End-Use:
• BFSI
• Commercial
• Government & Defense
• Healthcare
• Hospitality & Entertainment
• Retail
• Transportation
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
Countwise
Axis Communications AB
DILAX Intelcom GmbH
Eurotech, IEE S.A.
FLIR Systems, Inc
ShopperTrak
Infodev Electronic Designers International, Inc.
XOVIS AG
Infrared & Intelligent Sensors
InfraRed Integrated Systems Ltd.
HELLA Aglaia Mobile Vision GmbH
RetailNext, Inc.
Iris-GmbH and V-Count Inc.
Global People Counting System Market іѕ ѕеgmеntеd on the bаѕіѕ оf Technology (Infrared, Thermal Imaging, Video-Based), By Component (Hardware, Software) End-Use (BFSI, Commercial, Government & Defense, Healthcare, Hospitality & Entertainment, Retail, Transportation) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global People Counting System Market wаѕ vаluеd аt UЅD 1,456.2 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 14.6% frоm 2021 tо 2030.
The report on Global People Counting System Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global People Counting System Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global People Counting System Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global People Counting System Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global People Counting System Market.
Market Dynamics:
The rising awareness about retail analytics for understanding customer preferences in retail, hospitality, and entertainment sectors is a factor expected to drive the growth of the global people counting system market. Several counting technologies offer real-time traffic measurement using hardware & software combinations such as video-based systems and sensors, proving to be beneficial for the end-use industries is another factor expected to fuel the growth of the global market. The rapidly developing retail sector and the increasing adoption of digitized technologies are compelling retailers to adopt advanced people counters is a factor projected to boost the growth of the global market. Furthermore, technical enhancements and the integration of new technologies such as Time-of-Flight (ToF), beacons, stereo vision, among others will drive the people counting system market. Also, several manufacturers in the industry are introducing 2D & 3D video-based counting systems that provide accurate traffic measurement results due to the deployment of cameras and stereo vision sensors is a factor expected to drive the growth of the global market.
However, the high cost and lack of technical awareness is a major factor expected to restrain the growth of the global market. Furthermore, advancements in people counting solutions such as the availability of 3D people counting provide lucrative opportunities in the global people counting system market.
Segmental Analysis:
Among the technology segments, the video-based segment is accounted for a major revenue share in the global market. This is attributed to the wide acceptance of video-based people counting systems in various end-users, such as supermarkets, and shopping malls, transportation, corporate, retail stores, hospitality, banking, and financial institutes, and others.
Among the component segments, the hardware segment is projected to dominate the global market, owing to their ability to gather more accurate data required for providing the precise visitor count. Companies are investing heavily to develop more hardware which will add harsh environments without compromising on the efficiency of individuals counting systems.
Among the end-use segment, the retail segment is expected to dominate the target market, owing to several benefits offered by these systems, and will expand at a CAGR over the coming years.
Regional Analysis:
Asia Pacific people counting system market is expected to account for major revenue share in the global market, due to technological expansions taking place in markets such as India, China, and Singapore. Also, the high establishment of the people counting manufacturers, increasing demand from transportation, retail, and government sectors. Furthermore, increasing urbanization and construction of smart residential & commercial buildings, increasing demand for these solutions to monitor the number of visitors in the region. Moreover, highly-populated countries including India and China are focusing on improving transportation facilities and providing secure transit services to citizens in the region.
Global People Counting System Market Segmentation:
Segmentation by Technology:
• Infrared
• Thermal Imaging
• Video-Based
Segmentation by Component:
• Hardware
• Software
Segmentation by End-Use:
• BFSI
• Commercial
• Government & Defense
• Healthcare
• Hospitality & Entertainment
• Retail
• Transportation
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
Countwise
Axis Communications AB
DILAX Intelcom GmbH
Eurotech, IEE S.A.
FLIR Systems, Inc
ShopperTrak
Infodev Electronic Designers International, Inc.
XOVIS AG
Infrared & Intelligent Sensors
InfraRed Integrated Systems Ltd.
HELLA Aglaia Mobile Vision GmbH
RetailNext, Inc.
Iris-GmbH and V-Count Inc.
Scope:
| Report Data | Market |
| Forecast 2022 | XX million/billion (2022-2032) |
| CAGR 2022 - 2032 | % |
| Analysis Period | 2022 - 2032 |
| Base Year | 2021 |
| Forecast Data | 2022 - 2032 |
| Segments Covered | By Type, By Application, And by Regions |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled | . |
| Key Segments | By Type By Applications |
| Report Coverage | Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Frequently Asked Questions
What is the future market value of the ?
The current market value for is expected USD XX million/billion by 2022.
What is the CAGR of the Market?
The is to grow at a CAGR of 5.3% during the forecast by 2032.
What is the Market segment?
On the basis of type, the is segmented into Types.
Who are the key players operating in the ?
The major players operating in the are Company.
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