Press release
People Counting System Market 2019 Dominating Top Competitors are RetailNext Technology Services Inc., ShopperTrak, Axis Communication AB, HELLA Aglaia Mobile Vision GmbH, (Now FLIR Systems), IEE S.A., Axiomatic Technology Limited and Among Others
People Counting System
The global person counting system market accounted for USD 630.2 million in 2017 and is projected to grow at a CAGR of 11.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Market Definition: Global People Counting System Market:
People counting system consists of people counter device that measures the number and direction of people crossing any entrance or a passage per unit time. People counting system is often considered as the long term investment. It is hugely accepted in as a key metric in the retail and shopping centers. This system is widely applicable in retail stores, supermarkets, and shopping malls, transportation, corporate, hospitality, banking and financial institutes, healthcare, sports and entertainment and others. Various technologies are associated with people counting systems such as infrared beams, thermal sensing, video and others. These technological advancements have made people counting system vendors to bring innovation into their systems and software. Video-based technology is the best way to ensure accurate footfall and queue counting in locations such as retail stores, train stations, or airports where there are dense crowds and slow-moving traffic. In some countries government have rules that specify the maximum capacity of any venue. In such cases a people counting system becomes mandatory for avoidance of breaking the law. Many expansions and developments have taken place in the field of people counting system. For instance, In September, 2017, HELLA Aglaia opened new headquarters in Berlin Tempelhof. This development will benefit the company by increasing its presence in other regions. Furthermore, in 2016, iris and Novatronic, The Serbian capital Belgrade came under collaboration for the largest project of automatic passenger counting. Around 450 buses of Arriva Consortium were equipped with the latest IRMA MATRIX sensors.
Market Segmentation: Global People Counting System Market
• The people counting system market consists of technology, hardware and software, end-user and geography.
• Based on technology the market is segmented into infrared beam, thermal imaging, video-based and others.
• On the basis of hardware and software the market is segmented into hardware and software. The hardware segment is sub segmented into thermal cameras, infrared, fixed camera, fixed dome camera, pan, tilt, and zoom.
• On the basis of end-user the market is segmented into retail stores, supermarkets, and shopping malls, transportation, corporate, hospitality, banking and financial institutes, healthcare, sports and entertainment and others
• Based on geography the global people counting system market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Top Competitor covers-
RetailNext Technology Services Inc.
ShopperTrak
Axis Communication AB
HELLA Aglaia Mobile Vision GmbH
INFRARED INTEGRATED SYSTEMS LIMITED
Point Grey Research / Point Grey (Now FLIR Systems)
IEE S.A.
iris-GmbH infrared & intelligent sensors
EUROTECH S.P.A.
Axiomatic Technology Limited
Countwise LLC
DILAX Intelcom
V-Count
Xovis among others.
Major Market Drivers and Restraints:
Increasing retails stores and advent of people counting technologies
Low cost of people counting solutions
Rising demand for people counting solutions in transportation sector
Increasing online sales channel
On the basis of hardware and software the market is segmented into
• Hardware
• Software
The hardware segment is sub segmented into
• Thermal cameras
• Infrared
• Fixed camera
• Fixed dome camera
• Pan
• Tilt
• Zoom
Market Segment by Applications, can be divided into
• Retail
• Transportation
• Banking & Finance
• Hospitality
• Sports & Entertainment
• Government
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Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends. Worldwide Market Research’s well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future.
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Worldwide Market Reports
U.S
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