Press release
People Counting System Market 2017-2022 by Global Leaders: FLIR Systems, Infrared Integrated Systems, Eurotech SpA, Iris GmbH, ShopperTrak, Retail Next, Axis Communication AB
People counting system Global Market - Overview
The world is going through an industrial revolution and computers and machines are overtaking the human vision. With global rise in criminal activities, illegal drug trafficking, burglary and even cyber theft, it has become a necessity for countries to adopt every suitable measure towards security of the people. Due to higher accuracy, and reliability in monitoring and counting entrance, and exit traffic separately, the market is expected to grow at a very fast rate. This growth includes various countries in Europe and Asia that require a huge level of monitoring towards security against the illegal activities.
The people counting system consists of the counter device integrated with a surveillance camera and facial recognition technology that measures the number of people and the direction in which they travel. The people counting system is widely used in the entrance and exist of shopping malls, retail stores, government buildings and many other public places, where there is a chance of high crowd. This system covers mostly every industrial sector, however, retail and Commercial spaces tend to dominate the market. One of the major factor that add to the growth of the market is high adoption of cloud and internet of things across various domains.
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Global People Counting System Market Segmentation
The global people counting system market has been segmented on the basis of type, connectivity, product, application and region. On the basis of type, the market is classified into unidirectional and bidirectional. By connectivity, the market is categorized into wired and wireless connectivity. Horizontal beam counting system and overhead counting system are the products manufactured to serve rising need of measurement of increasing customer traffic. On basis of application, the global people counting system consists of transportation, retail, banking & finance, hospitality, sports & entertainment, government and others.
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.
Market Research Analysis:
Regional analysis for global people counting system market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. The study reveals that North America region would evolve as a leader in global people counting system market. The presence of large number of retail outlets in the country especially U.S. and Canada is driving high growth in the North America region. However, growing e-commerce industry and increasing market penetration of cloud technology is expected to hamper the people counting system market growth in coming future. Asia-Pacific is expected to witness high growth in the forecast period and projected to grow with approximately 16% CAGR during 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
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