Global People Counting System Market, By Offering (Hardware, Software), Type (Bidirectional, Unidirectional), Technology (Infrared Beam, Thermal Imaging, Video Based, Others), End Use (Transportation, Hospitality, Industrial, Retail, and Others), Connectivity (Wireless, Wired), Product (Horizontal Beam Counting System, Overhead People Counting System), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
The people counting system market is expected to witness market growth at a rate of 9.34% in the forecast period of 2022 to 2029. Data Bridge Market Research report on people counting system market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The installation of people counting systems in workspaces is escalating the growth of people counting system market.
People counting system comprises of individuals counter device that measures the amount and direction of individuals crossing any entrance or a passage per unit of your time. This device is broadly used in the entrances of buildings to record the total number of tourists. People counting systems have a use in different industry domains.
Major factors that are expected to boost the growth of the people counting system market in the forecast period are the rise in the deployment of people counting systems at retail stores and public places to uphold the occupancy limits for social distancing because of outbreak of COVID-19. Furthermore, the growing attention of retailers, libraries, and transportation hubs on installation of public counters because of their long-term benefits and rapid development of e-commerce industry is further anticipated to propel the growth of the people counting system market. Moreover, the increasing adoption of people counting systems to measure marketing efficiency is further estimated to cushion the growth of the people counting system market. On the other hand, the rise in the privacy risks is further projected to impede the growth of the people counting system market in the timeline period.
In addition, the incorporation of 4D technology into video-based people counters will further provide potential opportunities for the growth of the people counting system market in the near future.
This people counting system market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the people counting system market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Global People Counting System Market Scope and Market Size
The people counting system market is segmented on the basis of offering, type, technology, end use, connectivity and product. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of offering, the people counting system market is segmented into hardware and software. Hardware is further sub segmented into thermal cameras, infrared sensors, fixed cameras, fixed dome cameras and pan-tilt-zoom cameras.
- On the basis of connectivity, the people counting system market is segmented into wireless and wired.
- On the basis of type, the people counting system market is segmented into bidirectional and unidirectional.
- On the basis of technology, the people counting system market is segmented into infrared beam, thermal imaging, video based and others. Video-based is further sub segmented into 2D, 3D and 4D.
- On the basis of end use, the people counting system market is segmented into transportation, hospitality, industrial, retail and others.
- On the basis of product, the people counting system market is segmented into horizontal beam counting system and overhead people counting system.
People Counting System Market Country Level Analysis
The people counting system market is analyzed, and market size, volume information is provided by country, offering, type, technology, end use, connectivity and product as referenced above.
The countries covered in the people counting system market report are the U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).
North America dominates the people counting system market due to the rise in the adoption of people counters because of the presence of technologically developed retail stores and shopping malls, stadiums, banks, and amusement parks. Furthermore, the occurrence of major key players will further boost the growth of the people counting system market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of the growth in the people counting system market due to the technological developments taking place in several countries. Moreover, increase in the urbanization and construction of smart residential & commercial buildings is further anticipated to propel the growth of the people counting system market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and People Counting System Market Share Analysis
The people counting system market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the people counting system market.
Some of the major players operating in the people counting system market are HELLA AGLAIA MOBILE VISION GMBH, Axis Communications AB., InfraRed Integrated Systems Ltd, RetailNext, Inc., Johnson Controls., EUROTECH, Axiomatic Technologies Corporation, Countwise., IEEE, iris-GmbH infrared & intelligent sensors, FLIR Systems, Inc., Xovis AG, Infodev Electronic Designers International inc., Sensormatic Solutions, RetailNext, Inc, V-Count, FootfallCam, DILAX Intelcom GmbH, SensMax LTD and Traf-Sys among others.