Press release
People Counting System Market 2023 Global Analysis By key Players – RetailNext, Brickstream, ShopperTrak, DILAX Intelcom GmbH, IRIS-GmbH, Eurotech S.p.A., InfraRed Integrated Systems, Axiomatic Technology, Hikvision & More
People Counting System
This report presents a comprehensive overview, market shares, and growth opportunities of People Counting System Market by product type, application, key manufacturers and key regions. Over the next five years, People Counting System market will register a 16.8% CAGR in terms of revenue, reach US$ 1740 million by 2023, from US$ 690 million in 2017.
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People counting systems are 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 and marketing effectiveness and are used in staff planning.
The people counting system market is expected to be worth 1533.30 Million by 2022, at a CAGR of 18 % between 2016 and 2022. The growth of this market is propelled by the growing retail sector and increase in adoption rate of people counting systems, availability of economical and easy-to-install solutions, and increasing demand from transportation sector for people counting solutions. The advancements in people counting solutions such as availability of 3D people counting and the growing opportunity in emerging markets such as Latin America, Middle East and Africa would provide ample growth opportunities for the people counting system market in the coming years.
The video-based technology is expected to dominate the people counting system market during the forecast period. The video-based technology offers high accuracy during high-volume traffic, ability to detect the direction in which person or shopper is moving, remains unaffected in varying environments of light, heat, shadows, and it can easily distinguish people from objects and track continuously through a large area for an extended period of time.
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: RetailNext, Brickstream, ShopperTrak, DILAX Intelcom GmbH, IRIS-GmbH, Eurotech S.p.A., InfraRed Integrated Systems, Axiomatic Technology, Hikvision, Axis Communication AB, WINNER Technology, Countwise LLC, V-Count, Xovis AG, IEE S.A.
Segmentation by product type:
IR Beam
Thermal Imaging
Video Based
Others
Segmentation by application:
Retail
Transportation
Banking & Finance
Hospitality
Sports & Entertainment
Government
Others
Research objectives:
To study and analyze the global People Counting System consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of People Counting System market by identifying its various subsegments.
Focuses on the key global People Counting System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the People Counting System with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of People Counting System submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
More Details on this Report At: https://www.marketstudyreport.com/reports/2018-2023-global-people-counting-system-consumption-market-report
Related Report:
United States People Counting System Market by Manufacturers, States, Type and Application, Forecast to 2022
This report focuses on the People Counting System in United States market, to split the market based on manufacturers, states, type and application.
https://www.marketstudyreport.com/reports/united-states-people-counting-system-market-by-manufacturers-states-type-and-application-forecast-to-2022/?utm_source=RR-PSR
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