Press release
Coronavirus and People Counting System Industry
Retail, supermarkets and shopping malls end-user is expected to gain a significant share of people counting system market by 2024The retail, supermarkets, and shopping malls end-user is expected to account for the largest share of the people counting system market by 2024. The growth of the market can be attributed to people counter ability to help retailers by providing KPIs that describe their current business scenario. On account of the ratio of traffic to sales, retailers can fairly and accurately compare stores with low sales volume to stores with high sales volume. Also, people counters help improve store operations by giving information about the number of people entering the store, passing by the store, duration of visitors, and the frequency of their visits.
Download Free PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=206905443
Based on type, market for bidirectional people counting system to grow at the highest CAGR from 2019 to 2024
The market for bidirectional people counting systems is expected to grow at the highest CAGR from 2019 to 2024. The growth can be attributed to the ability of bidirectional people counting system for achieving several advantages such as more accuracy in conversion rate, easy installation, lesser human intervention, higher accuracy, direction detection, and more. Bidirectional people counting systems can count visitors through glass. Besides, by using video-based 3D technology, these people counting systems can offer capabilities such as filtering children from the total count in retail stores, as children don't make any purchases. These systems have applications in retail stores, supermarkets, shopping malls, hotels, restaurants, museums, stadiums, libraries, corporate offices, and more.
People counting system market in APAC to grow at the highest CAGR during the forecast period
The people counting system market in APAC is expected to grow at the highest CAGR during the forecast period. The major factor driving the growth of the people counting system market in APAC is growing economies and emerging opportunities in different sectors such as retail, transportation, and hospitality. Also, the availability of a large number of emerging players is creating intense competition, which directly benefits customers. Hence, it is expected to spur the growth of the people counting system market in the near future.
Key players in the market include Axis Communications (Sweden), HELLA Aglaia Mobile Vision GmbH (Germany), Infrared Integrated Systems (IRISYS) (UK), RetailNext (US), ShopperTrak (US), Eurotech (Italy), Axiomatic Technology (UK), CountWise (US), Dilax Intelcom GmbH (Germany), and IEE S.A. (Luxembourg). These players are increasingly undertaking product launches, mergers, and acquisitions to increase their market shares.
Mr. Sanjay Gupta
MarketsandMarkets(TM) INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
MarketsandMarkets(TM) provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets(TM) for their painpoints around revenues decisions.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Coronavirus and People Counting System Industry here
News-ID: 2009986 • Views: …
More Releases from marketsandmarket

With 13.6%CAGR, Zinc Battery Market Growth to Surpass USD 2.0 billion
According to MarketsandMarkets, the Zinc Battery Market is estimated to be USD 1.0 billion in 2024 and projected to reach USD 2.0 billion by 2029, at a CAGR of 13.6% during the forecast period.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=171978019
Zinc batteries are anticipated to play a critical role in the future energy landscape, driven by the global shift from fossil fuels to renewable energy sources. This transition necessitates substantial electricity storage…

Strategic Innovations in Industrial Valves Industry Leading to $99.8 Billion Mar …
The global industrial valves market size is expected to grow from USD 80.4 billion in 2023 to USD 99.8 billion by 2028, at a CAGR of 4.4%. The growth of the industrial valves market can be attributed to the growing demand for industrial valves from healthcare and pharmaceutical industries, establishment of new power plants and revamping of existing ones, rising demand for adoption of automation solutions, and establishment of smart…

Vaccines Market worth $93.8 billion by 2028
Vaccines Market in terms of revenue was estimated to be worth $77.6 billion in 2023 and is poised to reach $93.8 billion by 2028, growing at a CAGR of 3.9% from 2023 to 2028 according to a new report by MarketsandMarkets.
The global vaccines market is expected to grow at a CAGR of 3.9% during the forecast period. The growth of the market is projected to be driven by factors such…

Bioimpedance Analyzers Market worth $927 million by 2028
Bioimpedance Analyzers Market in terms of revenue was estimated to be worth $564 million in 2023 and is poised to reach $927 million by 2028, growing at a CAGR of 10.4% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of this market is majorly driven by rising initiatives by government in promoting healthy lifestyle to curb obesity, growing number of gyms and wellness centers, strong…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031.
Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,…