People Counting System Market Top Key Players Profiles, Size, Statistics, Market Growth Rate and Forecasts Till 2027 | Impact of COVID-19

 Description:

Global People Counting System Market Research Report: Information by Type (Bidirectional, Unidirectional), Connectivity (Wireless, Wired) Product (Horizontal Beam Counting System, Overhead People Counting System) Application (Retail, Transportation, Sports & Entertainment, Banking & Finance, Government, Hospitality) and Region - Forecast to 2026

Market Synopsis:

People counting systems help to track the number and direction of people traversing any entrance per unit time. They consist of people counter device and find usage across diverse industry verticals as they can help ascertain the total number of visitors. A comprehensive report has been launched by Market Research Future (MRFR) on the global people counting system market, which contains forecasts for the period of 2018-2026. MRFR has projected a CAGR of 18.2% in the People Counting System Market over the forecast period.

Surging safety in crowded areas has led to the increased adoption of people counting system in retail stores, non-electricity areas, shopping malls, and smart buildings, toilets, museums & libraries, and in meeting rooms. The retail industry is a key end-use industry for people counting system market. the industry is increasingly deploying people counting systems to discover the number of potential customers visiting the stores. Established retail chains are opening across the globe, especially in the developing countries who are investing heavily in people counting systems, which is likely to drive the market in the coming years.

People counting systems are associated with various other technologies such as thermal sensing, infrared beams, video, and others which are highly desirable across various industries. The transport sector has also exhibited considerable interest in the deployment of people counting systems, which is anticipated to spur the demand within the market.

The leading market players are pouring in hefty amounts on furthering the development of the technology, which is augmenting the growth of the people counting system market. Conversely, the growth of the market is at threat from high costs associated with these systems which hinder adoption among end-users. Technical limitations also restrict the growth of the market.

Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/2739

Key Players

The key players of global people counting system market are Traf-Sys Inc (US), RetailNext, Inc (US), ShopperTrak RCT Corporation (US), Infrared Integrated Systems Ltd (UK), Axis Communications AB (Sweden), FLIR Systems, Inc (US), Siemens AG (Germany), Eurotech SpA (Italy), iris-GmbH infrared & intelligent sensors (Germany), HELLA GmbH & Co. KGaA (Germany), V-Count (US).

Market Segmentation:

The people counting system market has been segmented based on type, connectivity, product, and application.

·        Type-wise, the people counting system market has been segmented into unidirectional and bidirectional.

·        By connectivity, the people counting system market has been segmented into wireless and wired.

·        By product, the people counting system market has been segmented into horizontal beam counting system and overhead people counting system.

·        Application-wise, the people counting system market has been segmented into retail, transportation, sports & entertainment, banking & finance, government, hospitality, and others.

Regional Analysis:

Region-wise, the global people counting system market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC).

The global people counting system market is dominated by North America on account of increased implementation of these systems in the region. The market is experiencing high demand from various industries such as hospitality, entertainment, public transportation, and retail. The retail industry is highly established in North America. The presence of some major retail brands in the region such as Costco, Walmart, Kroger, the home depot, and Target are influencing the growth of the market. A strong service culture and the availability of state-of-the-art infrastructure has resulted in increased implementation of people counting systems in the region. The US, Mexico, and Canada are the key contributors to the North America market. The US is expected to capture the highest CAGR of 18.1% over the forecast period while Canada and Mexico are anticipated to exhibit a CAGR of 16.4% and 13.9% respectively.

APAC people counting systems market is poised to capture the highest CAGR over the forecast period. Expansion of the retail sector and rise in a number of shopping malls and retail establishments in the region has generated huge demand for people counting systems. Additionally, fast-track urbanization and economic upturn are also supporting the market growth.

Get Complete Report @ https://www.marketresearchfuture.com/reports/people-counting-system-market-2739

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Solutions, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Media Contact:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

Comments

Post a Comment

Popular posts from this blog

IT Asset Management Software Market Share, Growth Factors, Comprehensive Research, Analysis by Leading Companies with Forecast till 2027 | Coronavirus Effects

  Market Highlights The IT assets include the hardware component as well as the software component. IT asset management software has a prominent role in the growth strategy of an enterprise. It helps the senior level management to make accurate purchase decisions. IT asset management is also referred to as IT inventory management as it largely involves the collection of information, regarding hardware and software used in an organization. The IT asset management software market is estimated to reach a valuation of USD 3 Bn towards the end of 2023. The software has developed a significant role in devising growth strategies of enterprises which is likely to accelerate its adoption over the next couple of years. Additionally, the reduced cost of software licensing by relocating non-utilized resources is expected to fuel the growth of the market. IT asset management can be categorized as hardware asset management, digital asset management, and software asset management. Get a F...
Read more

Intelligent Railway Transport System Market Key Findings, Regional Analysis, Top Key Players, Profiles and Future Prospects | Impact of COVID-19

  Market Scenario: The intelligent railway transport system facilitates the use of information technology for managing the services provided by the railways. The railway relies on the radio network and the GPS system for effective implementation of intelligent transport system. The intelligent railway transport system market is majorly driven by its ability of providing high security for the passengers and the high service quality to the customers. The market will also grow with the increase in adoptions of internet of things technology in the railway system. The increasing trend of internet services is contributing in the growth of Intelligent Railway Transport System Market. The increasing use of rail transport among all modes of transportation has created an effective and timely management of services among others such as scheduling of trains. Whereas, the increased need for adoption of intelligent transport system in railways has made this possible and hence has increased the...
Read more

Network Slicing Market Research Report- Forecast till 2026

  Market Highlights The global network slicing market is projected to reach USD 1,936.67 million by 2026, registering a CAGR of 51.48% during the forecast period. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the network slicing market to offer a better glimpse into the coming years Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/10624 Segmentation: The global network slicing market has been segmented based on component, end user, application, and region Based on component, the global network slicing market has been segmented into solution and services. The services segment is further sub-divided into professional and managed services. The solution segment is expected to account for a significant market share over the projected period. The increasing adoption of network slicing solutions in the market for delivering high-speed network coverage services across various end users contributes to the growth of...
Read more