Press release
People Counting System Global Market By Typ, By Technology, By Offering, By Mounting Platforms, By End User, By Region And Segment Forecast 2023-2032 | FLIR Systems Inc., Axis Communications AB, Iris-GmbH, V-Count Inc., Traf-Sys Inc.
People Counting System Market
People Counting System Market Size, Growth Rate, And Forecast
The global people counting system market size is expected to grow from $1.34 billion in 2022 to $1.59 billion in 2023 at a compound annual growth rate (CAGR) of 18.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global people counting system market size is expected to grow to $3.05 billion in 2027 at a CAGR of 17.8%.
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People Counting System Market Drivers
Increasing smart city projects around the globe are driving the people counting system market going forward. Smart cities refer to an administrative territory that uses information and communication technology (ICT) for improving its operational efficiency and providing better infrastructural facilities to its residents.
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People Counting System Market Segments
• By Type: Unidirectional, Bidirectional
• By Offering: Hardware, Software
• By Mounting Platform: Ceiling, Wall, Floor
• By Technology: Infrared Beam, Thermal Imaging, Video-based Technology, Other Technologies
• By End User: Retail, Supermarkets, and Shopping Malls, Transportation, Hospitality, Corporate, Banking, Financial Services and Insurance (BFSI), Healthcare, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the People Counting System market.
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People Counting System Market Key Players
Major competitors in the People Counting System market include FLIR Systems Inc., Axis Communications AB, Iris-GmbH, HELLA GmbH & Co. KGaA, Eurotech SpA, V-Count Inc., Traf-Sys Inc., RetailNext Inc., ShopperTrak Rct Corp., InfraRed Integrated Systems Ltd., SensMax Ltd., Axiomatic Technology Corporation, Xovis AG, Infodev Electronic Designers International Inc., Sensormatic Electronics Corporation, iris intelligent sensing NA Inc., Johnson Controls International Plc., and Koninklijke Philips NV.
The Business Research Company's "Global People Counting System Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table of Content for The People Counting System Market Include:
1. Executive Summary
2. People Counting System Market Characteristics
3. People Counting System Market Trends And Strategies
4. People Counting System Market - Macro Economic Scenario
5. People Counting System Market Size And Growth
.....
26. Africa People Counting System Market
27. People Counting System Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The People Counting System Market
29. People Counting System Market Future Outlook and Potential Analysis
30. Appendix
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