People Counting System Market - Competitive Hierarchy & Forecast 2017 - 2025
People counting systems are devices that are used to count the number of people traversing 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. In crowded places such as shopping malls and concerts, other than their conventional job of calculating footfall, they are used for crowd management and monitoring of high-traffic areas. Their additional uses include fire management and energy usage optimization.
Among the various end users, the demand for people counting systems is likely to remain high in retail stores and shopping malls throughout the forecast period. In an attempt to sustain the rising competition due to shifting demographics and the advent of new technologies, retailers are modifying their existing strategies. As a result, they are increasingly adopting people counting systems.
Request Sample Copy of the Report @ www.tmrresearch.com/sample/sample?flag=B&rep_id=605
The spiraling demand for video-based people counting systems is positively impacting the growth of the overall market. The high accuracy and reliability offered by this technology during high volume traffic and high stability against changes in environmental conditions such as light, shadows, and heat are providing a boost to their demand. The demand for Wi-Fi tracking technology is also expected to increase over the forthcoming years. The technology helps in tracking the actual, potential, and repeating visitors and is efficient in terms of eliminating staff from total people count.
The global people counting system market is estimated to witness the advent of new technologies, which will be in the favor of the market. The availability of 3D systems is anticipated to revolutionize the mechanism of people counting.
Global People Counting System Market: Overview
The global people counting system market is expected to gain a significant momentum in the coming years. People counting systems are gaining popularity owing to their high accuracy and reliability in monitoring and counting entrance and exit traffic separately, while excluding carts, children, and strollers. They are also capable of counting multiple individuals entering simultaneously. These systems are being increasingly deployed across retail stores, banks and financial institutes, healthcare and government institutes, hospitality, and transportation. Some of the common types of technologies used for counting people are thermal imaging, infrared beam, and video based.
Request TOC of the Report @ www.tmrresearch.com/sample/sample?flag=T&rep_id=605
The report is a professional study on the global people counting system market, compiled by meticulously analyzing various critical parameters of the market. It provides a detailed overview of the factors impacting the growth of the market. It offers qualitative and quantitative insights into the competitive landscape of the market. Competitive profiling of the prominent players in the market along with their market shares, business strategies, cost and revenue structures, latest developments, and contact information forms a vital part of the report. It performs SWOT analysis to reveal potential growth trajectory of each prominent player in the global people counting system market.
Global People Counting System Market: Drivers and Restraints
The rising number of shopping malls, supermarkets, and retail stores is boosting the adoption of people counting technologies worldwide. Retailers need to monitor footfalls at their shops periodically to remain competitive. By knowing the traffic to sales ratio, retailers can accurately compare stores on the basis of sales volume. Moreover, the availability of easy set-up and low-cost solutions is escalating the growth of the market. The market is also witnessing a sharp rise in the demand for people counting solutions in the transport sector. The future of the market looks bright with technological advancements.
Read Comprehensive Overview of Report @ www.tmrresearch.com/people-counting-system-market
On the other hand, the robust growth of the e-commerce industry and the expanding online sales channel pose a considerable threat to the brick and mortar commerce, which in turn is adversely affecting the growth of the market.
Global People Counting System Market: Region-wise Outlook
The key segments analyzed in the report on the basis of geography are North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific will be a prominent market throughout the forecast period. The increasing number of supermarkets, retail stores, and shopping malls are attracting international players to invest in the region. In addition, conducive government initiatives are encouraging the presence of foreign retailers in India, which is also leading to the rising number of retail stores in Asia Pacific. Countries such as China, Hong Kong, India, Japan, Malaysia, and Singapore will be the sites of high growth rate throughout the same span.
Moreover, the presence of infrastructure such as train stations, airports, and bus stations along with a large number of upcoming projects are triggering the deployment of people counting systems. The expansion of the hospitality industry is also facilitating the growth of the region.
Global People Counting System Market: Competitive Landscape
Product innovation and technological advancements are of critical importance to key manufacturers in the global people counting system market to stay relevant in the market. They are focusing on portfolio diversification through partnerships and mergers in order to strengthen their position in the market. Some of the key players in the global people counting system market are Axis Communication AB, RetailNext Inc., InfraRed Integrated Systems Ltd., IEE S.A., Eurotech S.p.A., Countwise LLC, Xovis AG, Axiomatic Technology Limited, IRIS-GmbH, IEE S.A., Point Grey Research Inc., and ShopperTrak.
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
3739 Balboa St # 1097,
San Francisco, CA 94121
This release was published on openPR.
Permanent link to this press release:
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 People Counting System Market - Competitive Hierarchy & Forecast 2017 - 2025 here
News-ID: 973138 • Views: 155
More Releases from TMR Research
Software-Defined Storage Market 2025 | IBM, HPE, Fujitsu, EMC Corporation
Global Software-Defined Storage Market: Snapshot The global software-defined storage market is foreseen to roof a high intensity competitive landscape on account of a number of companies entering the scene due to the interrelation of technologies such as virtualization and cloud computing. Although the level of competition could be on a higher side, it is expected of several companies to lose their grip on the market due to reduced revenues and low
Edge Analytics Market 2017-2025 | Prism Tech, Analytic Edge, CGI Group Inc., Fog …
Global Edge Analytics Market: Snapshot The global edge analytics market has risen to the fore in recent years as a consequence of the rising importance of big data analytics in corporate operations. Rising use of machine systems utilizing Internet of Things technology is also likely to be vital for the global edge analytics market in the coming years. Rising use of data accrued from disparate systems in industrial operations and corporate
Drone-powered Business Solutions Market 2017-2025 | 3D Robotics, Phoenix Drone S …
Global Drone-powered Business Solutions Market: Snapshot Organizations worldwide are acknowledging the benefits they have derived by integrating drones in various verticals such as infrastructure maintenance, security and surveillance, inspection, mapping and surveying, and large-scale capital projects. This likely to provide a significant boost to the growth of the global drone-powered business solutions market. Get Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1007 The primary solutions offered by drone-powered business solutions are software and services.
Industrial Air Filtration Market 2017-2025 | Alfa Laval, Clarcor Inc., Mann + Hu …
Global Industrial Air Filtration Market: Snapshot Occupational safety norms and policies regulating the quality of indoor air in various commercial and industrial buildings have led to the evolution of industrial air filtration market. There is a growing concerns of mitigating the effects of pollutants in ambient air in order to ensure a healthful working conditions in numerous industries such as logistics and recycling. This has led to accelerating demand for industrial
More Releases for People
Helperschain: People Helping People
Helperschain some would say is a ponzi scheme, but we do not think we are. Helperschain is a membership scheme that believes in the ability of group financial home help. We assume that if all members who we call chainers hook their own chain to our existing long chain of chainers we are able to carry on growing and keep helping each other. Our slogans is " People helping People",
Lovely people in Düsseldorf
Starting on 8th of April, Pretty Portal presents a collective show with works that focus on human behaviour. On display are paintings and drawings by Natalia Rak, Pixelpancho and Sokar Uno. In the show, the artists look behind the facade of human being and present us "Lovely people". Pixelpancho topic is the incarnation of machines, or vice versa, the transformation from human to robot-like creatures. Puppet like people baring their interior mechanics. Natalia
Active meditation for active people
Cutting after the modern person’s lifestyle, different forms of meditation have been developed to base on physical exercise and interaction in order to find one’s own self rather than by peace and passivity. In a world full of noise, speed and a flood of medial stimuli, active meditation and its orientations are made for preparation for a contemplative phase of meditation. Physical exercise helps transfer consciousness into a state of
People In Motion
Exhibition runs from Friday 5th to Thursday 11th of November 2010 Normal Gallery Opening Hours: Fri, Mon-Wed from 11.00 am to 6.30 pm - Sat from 12.30 pm to 5 pm Private View Nights: Fri-Sat from 6.00 to 11.00 pm - Sun from 4.00 to 10.00 pm “PEOPLE IN MOTION” is a collection of photographic works from around the world, taken by photographers who met whilst “in motion”, their paths crossed at different moments and
Berlin for people with taste
A brand new city tour for all those with an interest in culture and food. (Berlin, 06.06.2008) Those willing to take a look behind the scenes of the city and try a piece of the genuine Berlin should take part in a tour staged by eat-the-world.com. Every Saturday and Sunday, native guides traverse the legendary and multi-cultural Kreuzberg taking their guests through the authentic and typical Berlin, far from
People Help Inform Other People About Eye Surgery
Nearly 500,000 people in the United States will have eye surgery this year. As the population ages, that number will grow to 1 million. Almost none of them will have gone into surgery well informed and some of those people will be needlessly blinded. Eyesurgeryinformation.com wants to change that. Doctors try to inform their patients with charts and graphs but in reality they talk medical jargon to non-technical people.