People Counting System Market is Grow at CAGR of 16% and worth USD 1,300 Million by 2022

“People Counting System Market”
People Counting System Market is expected to grow approximately at USD 1,300 Million by 2022, approx.16% of CAGR between 2016 and 2022 | People Counting System Market

People Counting System Market is growing rapidly over 16% of CAGR and is expected to reach at USD ~1,300 million by the end of forecast period 

Market Highlights

People counting systems are devices that are used to count the number of people traveling 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. The people counting system has implementation both in 2D and 3D technology. The 3D technology drivers are accurately distinguish between people, objects and the background of the space, identify the direction of travel (entering or exiting) and handle high volume traffic and identify and measure groups (for example families shopping together). 

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Key Players

  • ShopperTrak (U.S.)
  • RetailNext, Inc. (U.S.)
  • Axis Communication AB (Sweden)
  • HELLA Aglaia Mobile Vision GmbH (Germany)
  • InfraRed Integrated Systems Ltd. (U.K.)
  • Point Grey Research, Inc. (Canada)
  • IEE S.A. (Luxembourg)
  • IRIS-GmbH (Germany)
  • Eurotech S.p.A. (Italy)
  • Axiomatic Technology Limited (U.K.)
  • Countwise LLC (U.S.) 

Market Research Analysis:

Market Research Future Analysis shows that new adoptions of wireless technology and video based technology are driving the people counting system market. It has been observed that growing retail stores and its complexity is showing the significant growth of people counting system market. The major benefits of people counting system market are help better dispose and display merchandise, obtain figures on service efficiency at the cash registers. 

Regional Analysis

People Counting System Market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of World. The study reveals that Asia Pacific region would evolve as a leader in people counting system market.  The study indicates large investments in healthy economic growth, changing demographic profile, increasing disposable incomes, growing urbanization, and changing consumer tastes and preferences are some of the driving factors for the growth of the retail stores, resulting in increased demand for people counter systems. Moreover, the government support to increase the presence of foreign retailers in India also helps to increase the number of retail stores in Asia-Pacific.

Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The People Counting System Market Research Report -Forecast to 2022”. 

Segmentation:

By Position -Overhead Beam, Horizontal Beam

By Type-Bidirectional, Unidirectional

By Technology -Wired, Wireless

By Application -Transportation, Government, Retail, Hospitality, Banking & Finance, Sports &Entertainment

By Region – North America, Europe, Asia-Pacific and Row 

Table of Content

1          Market Introduction

2          Research Methodology

3          Market Dynamics

4          Executive Summary

5.         Market Factor Analysis

5.1       Porter’s Five Forces Analysis

5.2       Supply Chain Analysis

6          People Counting System Market, By Segments

6.1       Introduction

6.2       Market Statistics

6.2.1    By Position

6.2.2    By Type

6.2.3    By Technology

6.2.4    By Application

6.2.5    By Geography

7          Competitive Analysis 

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List of Tables

Table 1 People Counting System Market, By Position

Table 2 People Counting System Market, By Type                

Table 3 People Counting System Market, By Technology

Table 4 People Counting System Market, By Application

Table 5 People Counting System Market, By Region

Table 6 North America People Counting System Market, By Position

Table 7 North America People Counting System Market, By Type

Table 8 North America People Counting System Market, By Technology

Table 9 North America People Counting System Market, By Application 

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