People Counting System Market Size, Challenges, Growth, Technology and Future Trends 2032
People Counting System Market Size- By Type, By Technology, By Mounting Platform, By End User, By Connectivity, By Product, By Offering - Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Jan-2023 | Report ID: IACT2303 | Pages: 1 - 242 | Formats*: |
| Category : Information & Communications Technology | |||
Global People Counting System Market Overview
According to SPER Market Research, the Global People Counting System Market is estimated to reach USD 3.52 billion by 2032 with a CAGR of 12.43%.
The expansion of the global market share for people counting systems is being driven by recent innovations. These new advancements will entice end users to invest in cutting-edge people counting equipment. Additionally, when more new products are released, there will be more competition among market sellers, which will lead to innovation and difference. During the projected period, these factors are anticipated to fuel the global market for people systems. Technology is being used by retail organisations to improve operations, boost customer satisfaction, and boost profitability. It is anticipated that the industry would grow faster as a result of the 4D technology's further development and integration with video-based people counts. 4D people counting technologies present a lucrative possibility for this industry due to their higher accuracy. These systems offer a number of advantages over 3D and 2D systems, such as the ability to detect minors, measure dwell time, provide occupancy data, and better visualisation. Additionally, over the anticipated period, the sector is anticipated to grow as a result of the rising demand for visitor footfall counts, customer behaviour analytics, and occupancy monitoring. Airports, subway stations, and other transit facilities must accommodate an actual number of passengers depending on available seats in order to improve passenger security and manage incoming traffic at peak times.
Impact of COVID-19 on the Global People Counting System Market
The COVID-19 epidemic has had an impact on people counting system sales across the globe. However, it has created both possibilities and difficulties for the ecosystem's players. For instance, COVID-19 has had the greatest impact on businesses that offer unidirectional people counting systems using Wi-Fi, Bluetooth, and pressure mat-based technology since they are unable to support end users in maintaining social distance. On the other hand, end users are embracing people's counting systems to track and count visitors, including stores, supermarkets, shopping malls, and transportation, among many others. These end users are largely using bi-directional people counting systems using thermal and video-based technologies, which enable them to acquire visitor data in real-time and maintain the safety of patrons and personnel. Businesses who are active in the market are benefiting from COVID-19 by enhancing their products to ensure public safety. It is also projected that the rapid development of the e-commerce industry and the increasing attention that stores, libraries, and transit hubs are paying to the installation of public counters will fuel the market for people counting systems. Additionally, it is predicted that the market for people counting systems would expand more slowly due to the growing use of these systems to gauge marketing effectiveness. The market for people counting systems, on the other hand, is anticipated to increase slowly over the timeframe due to the rise in privacy risks.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Type, By Technology, By Mounting Platform, By End User, By Connectivity, By Product, By Offering |
| Geographies covered | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Companies Covered | Axiomatic Technologies Corporation, Axis Communications AB, Countwise, Dilax Intelcom GmbH, Eurotech, Flir Systems Inc, FootfallCam, Giga-Byte Technology Co., Ltd., Hangzhou Hikvision Digital Technology Co., Ltd, Hella Aglaia Mobile Vision Gmbh, Infodev Electronic Designers International inc, InfraRed Integrated Systems Ltd, Iris-GmbH infrared & intelligent sensors, Johnson Controls, RetailNext Inc, SensMax LTD, Sensormatic Solutions, Teledyne Flir LLC, Traf-Sys , V-Count, Xovis AG. |
Global People Counting System Market Segmentation:
By Type: Based on the Type, Global People Counting System Market is segmented as; Unidirectional, Bidirectional.
By Technology: Based on the Technology, Global People Counting System Market is segmented as; Infrared Beam, Thermal Imaging, Video-based Technology, Others (Computer Vision and Wi-Fi Counting).
By Mounting Platform: Based on the Mounting Platform, Global People Counting System Market is segmented as; Ceiling, Wall, Floor.
By End User: Based on the End User, Global People Counting System Market is segmented as; Retail, Supermarkets, & Shopping Malls, Transportation, Hospitality, Corporate, BFSI, Healthcare, Others (Government, Media & Entertainment, Sports, Among Others).
By Connectivity: Based on the Connectivity, Global People Counting System Market is segmented as; Wireless, Wired.
By Product: Based on the Product, Global People Counting System Market is segmented as; Horizontal beam counting system, Overhead people counting system.
By Offering: Based on the Offering, Global People Counting System Market is segmented as; Hardware, Software.
By Region: The majority of worldwide industry revenue came from North America, which also led the sector globally. The expansion is explained by the presence of technologically advanced stadiums, banks, theme parks, shops, and shopping centres. Additionally, there are several airports, which is increasing demand for visitor tracking and counting systems.
- Size of Global People Counting System Market (FY’2019-FY’2032)
- Global People Counting System Market Overview
- Segmentation of Global People Counting System Market By Type (Unidirectional, Bidirectional)
- Segmentation of Global People Counting System Market By Technology (Infrared Beam, Thermal Imaging, Video-based Technology, Others)
- Segmentation of Global People Counting System Market By Mounting Platform (Ceiling, Wall, Floor)
- Segmentation of Global People Counting System Market By End User (Retail, Supermarkets, & Shopping Malls, Transportation, Hospitality, Corporate, BFSI, Healthcare, Others)
- Segmentation of Global People Counting System Market By Connectivity (Wireless, Wired)
- Segmentation of Global People Counting System Market By Product (Horizontal beam counting system, Overhead people counting system)
- Segmentation of Global People Counting System Market By Offering (Hardware, Software)
- Statistical Snap of Global People Counting System Market
- Growth Analysis of Global People Counting System Market
- Problems and Challenges in Global People Counting System Market
- Competitive Landscape in the Global People Counting System Market
- Impact of COVID-19 and Demonetization on Global People Counting System Market
- Details on Recent Investment in Global People Counting System Market
- Competitive Analysis of Global People Counting System Market
- Major Players in the Global People Counting System Market
- SWOT Analysis of Global People Counting System Market
- Global People Counting System Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges
4.2. COVID-19 Impacts of the Global People Counting System Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1. Global People Counting System Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global People Counting System Market
7. Global People Counting System Market, By Type, 2019-2032 (USD Million)
7.1. Unidirectional7.2. Bidirectional
8. Global People Counting System Market, By Technology, 2019-2032 (USD Million)
8.1. Infrared Beam8.2. Thermal Imaging8.3. Video-based Technology8.4. Others (Computer Vision and Wi-Fi Counting)
9. Global People Counting System Market, By Mounting Platform, 2019-2032 (USD Million)
9.1. Ceiling9.2. Wall9.3. Floor
10. Global People Counting System Market, By End User, 2019-2032 (USD Million)
10.1. Retail, Supermarkets, & Shopping Malls10.2. Transportation10.3. Hospitality10.4. Corporate10.5. BFSI10.6. Healthcare10.7. Others (Government, Media & Entertainment, Sports, Among Others)
11. Global People Counting System Market, By Connectivity, 2019-2032 (USD Million)
11.1. Wireless11.2. Wired
12. Global People Counting System Market, By Product, 2019-2032 (USD Million)
12.1. Horizontal beam counting system12.2. Overhead people counting system
13. Global People Counting System Market, By Offering, 2019-2032 (USD Million)
13.1. Hardware
13.1.1. Thermal Cameras13.1.2. Infrared Sensors13.1.3. Fixed Cameras13.1.4. Fixed Dome Cameras13.1.5. Pan-Tilt-Zoom Cameras
13.2. Software
14. Global People Counting System Market, By Region, 2019-2032 (USD Million)
14.1. Global People Counting System Size and Market Share by Region (2019-2025)14.2. Global People Counting System Size and Market Share by Region (2026-2032)14.3. Asia-Pacific
14.3.1. Australia14.3.2. China14.3.3. India14.3.4. Japan14.3.5. South Korea14.3.6. Rest of Asia-Pacific
14.4 Europe
14.4.1 France14.4.2 Germany14.4.3 Italy14.4.4 Spain14.4.5 United Kingdom14.4.6 Rest of Europe
14.5 Middle East & Africa
14.5.1 Kingdom of Saudi Arabia14.5.2 United Arab Emirates14.5.3 Rest of Middle East & Africa
14.6 North America
14.6.1 Canada14.6.2 Mexico14.6.3 United States
14.7 Latin America
14.7.1 Argentina14.7.2 Brazil14.7.3 Rest of Latin America
15. Company Profiles
15.1 Axiomatic Technologies Corporation
15.1.1 Company details15.1.2 Financial outlook15.1.3 Product summary15.1.4 Recent developments
15.2 Axis Communications AB
15.2.1 Company details15.2.2 Financial outlook15.2.3 Product summary15.2.4 Recent developments
15.3 Countwise
15.3.1 Company details15.3.2 Financial outlook15.3.3 Product summary15.3.4 Recent developments
15.4 Dilax Intelcom GmbH
15.4.1 Company details15.4.2 Financial outlook15.4.3 Product summary15.4.4 Recent developments
15.5 Eurotech
15.5.1 Company details15.5.2 Financial outlook15.5.3 Product summary15.5.4 Recent developments
15.6 Flir Systems Inc
15.6.1 Company details15.6.2 Financial outlook15.6.3 Product summary15.6.4 Recent developments
15.7 FootfallCam
15.7.1 Company details15.7.2 Financial outlook15.7.3 Product summary15.7.4 Recent developments
15.8 Giga-Byte Technology Co., Ltd.
15.8.1 Company details15.8.2 Financial outlook15.8.3 Product summary15.8.4 Recent developments
15.9 Hangzhou Hikvision Digital Technology Co., Ltd
15.9.1 Company details15.9.2 Financial outlook15.9.3 Product summary15.9.4 Recent developments
15.10 Hella Aglaia Mobile Vision Gmbh
15.10.1 Company details15.10.2 Financial outlook15.10.3 Product summary15.10.4 Recent developments
15.11 Infodev Electronic Designers International inc
15.11.1 Company details15.11.2 Financial outlook15.11.3 Product summary15.11.4 Recent developments
15.12 InfraRed Integrated Systems Ltd
15.12.1 Company details15.12.2 Financial outlook15.12.3 Product summary15.12.4 Recent developments
15.13 Iris-GmbH infrared & intelligent sensors
15.13.1 Company details15.13.2 Financial outlook15.13.3 Product summary15.13.4 Recent developments
15.14 Johnson Controls
15.14.1 Company details15.14.2 Financial outlook15.14.3 Product summary15.14.4 Recent developments
15.15 RetailNext Inc
15.15.1 Company details15.15.2 Financial outlook15.15.3 Product summary15.15.4 Recent developments
15.16 SensMax LTD
15.16.1 Company details15.16.2 Financial outlook15.16.3 Product summary15.16.4 Recent developments
15.17 Sensormatic Solutions
15.17.1 Company details15.17.2 Financial outlook15.17.3 Product summary15.17.4 Recent developments
15.18 Teledyne Flir LLC
15.18.1 Company details15.18.2 Financial outlook15.18.3 Product summary15.18.4 Recent developments
15.19 Traf-Sys
15.19.1 Company details15.19.2 Financial outlook15.19.3 Product summary15.19.4 Recent developments
15.20 V-Count
15.20.1 Company details15.20.2 Financial outlook15.20.3 Product summary15.20.4 Recent developments
15.21 Xovis AG
15.21.1 Company details15.21.2 Financial outlook15.21.3 Product summary15.21.4 Recent developments
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
The People Counting System Market is projected to reach USD 3.52 billion by 2032, growing at a CAGR of 12.43% during the forecast period.
The People Counting System Market grew in market size from 2021. The Market is expected to reach USD 3.52 billion by 2032, at a CAGR of 12.43% during the forecast period.
The People Counting System Market CAGR of 12.43% during the forecast period.
You can get the sample pages by clicking the link -Click Here
The key players in the market include Companies Covered Axiomatic Technologies Corporation, Axis Communications AB, Countwise, Dilax Intelcom GmbH, Eurotech, Flir Systems Inc, FootfallCam, Giga-Byte Technology Co., Ltd., Hangzhou Hikvision Digital Technology Co., Ltd, Hella Aglaia Mobile Vision Gmbh, Infodev Electronic Designers International inc, InfraRed Integrated Systems Ltd, Iris-GmbH infrared & intelligent sensors, Johnson Controls, RetailNext Inc, SensMax LTD, Sensormatic Solutions, Teledyne Flir LLC, Traf-Sys , V-Count, Xovis AG.
The sector is anticipated to grow as a result of the rising demand for visitor footfall counts, customer behaviour analytics, and occupancy monitoring. Airports, subway stations, and other transit facilities must accommodate an actual number of passengers depending on available seats in order to improve passenger security and manage incoming traffic at peak times.
The People Counting System Market size is USD 3.52 billion from 2022 to 2032.
The People Counting System Market segment is Covered By Type, By Technology, By Mounting Platform, By End User, By Connectivity, By Product, By Offering.
The North America and Europe region is anticipated to have the highest market share in the People Counting System Market.
PLACE AN ORDER
Year End Discount
Sample Report
Pre-Purchase Inquiry
NEED CUSTOMIZATION?
Request CustomizationCALL OR EMAIL US
100% Secure Payment
Related Reports
Have a glance of the Report
Our Global Clients
Our data-driven insights have influenced the strategy of 200+ reputed companies across the globe.
