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Global People Counting System Market Forecast to 2023 - Growing Opportunities in Emerging Markets Such as Latin America, the Middle East, and Africa

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News provided by

Research and Markets

May 22, 2018, 09:00 ET

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DUBLIN, May 22, 2018 /PRNewswire/ --

The "People Counting System Market by Technology (IR Beam, Video-Based, Thermal Imaging), Hardware and Software, End User (Retail Stores, Supermarkets, and Shopping Malls, Transportation, Corporate, Hospitality), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The people counting system market is in the growth phase and is estimated to be valued at USD 694.7 million in 2018. The market is expected to be worth USD 1,150.2 million by 2023, growing at a CAGR of 10.6% between 2018 and 2023.

The drivers for this market include the growing retail sector and increased adoption rate of people counting technologies, availability of low-cost and easy-to-set-up people counting solutions, and increasing need for people counting solutions in the transportation sector. However, location inaccuracy and privacy concerns in Wi-Fi- and Bluetooth-based people counting technologies are expected to act as major challenges for this market.

The growing retail sector, increased adoption rate of people counting technologies, availability of low-cost and easy setup solutions, and increasing need for people counting in the transportation sector are some of the factors driving the growth of the people counting system market. Advancements in people counting solutions and growth of emerging markets (such as Latin America, the Middle East, and Africa) are some of the factors providing opportunities for the people counting system market.

The market in APAC is expected to grow at the highest CAGR owing to the increasing number of retail stores, supermarkets, and shopping malls in the region. In addition, government support to increase the presence of foreign retailers in India also helps in increasing the number of retail stores in APAC.

Key Topics Covered

1 Introduction
1.1 Objectives of Study
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Top-Down Approach
2.2.2 Bottom-Up Approach
2.3 Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 People Counting System Market, 2018-2023 (USD Million)
4.2 People Counting System Market, By Technology, 2018-2023 (USD Million)
4.3 North America People Counting System Market, By Country and Technology
4.4 People Counting System Market, Geographical Snapshot

5 Market Overview
5.1 Introduction
5.1.1 Drivers
5.1.1.1 Growing Retail Sector and Increased Adoption Rate of People Counting Technologies
5.1.1.2 Availability of Low-Cost and Easy to Set Up People Counting Solutions
5.1.1.3 Growing Need for People Counting Solutions in the Transportation Sector
5.1.2 Restraints
5.1.2.1 Booming E-Commerce Industry and Increasing Online Sales Channels
5.1.3 Opportunities
5.1.3.1 Advancements in People Counting Solutions Such as the Availability of 3D People Counting
5.1.3.2 Growing Opportunities in Emerging Markets Such as Latin America, the Middle East, and Africa
5.1.4 Challenges
5.1.4.1 Location Inaccuracy and Privacy Concerns in Wi-Fi- and Bluetooth-Based People Counting Technologies
5.2 Value Chain Analysis

6 People Counting System Market, By Technology
6.1 Introduction
6.2 Infrared Beam
6.3 Thermal Imaging
6.4 Video-Based
6.5 Other Technologies

7 People Counting System Market, By Hardware and Software
7.1 Introduction
7.2 Hardware
7.2.1 Thermal Cameras
7.2.2 Infrared
7.2.3 Fixed Camera
7.2.4 Fixed Dome Camera
7.2.5 Pan, Tilt, and Zoom (PTZ)
7.3 Software

8 People Counting System Market, By End User
8.1 Introduction
8.2 Retail Stores, Supermarkets, and Shopping Malls
8.2.1 Queue Management
8.3 Transportation
8.3.1 Fleet Management Optimization
8.4 Corporate
8.5 Hospitality
8.6 Banking and Financial Institutes
8.7 Healthcare
8.8 Sports and Entertainment
8.9 Other End Users

9 People Counting System Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 France
9.3.4 Italy
9.3.5 Rest of Europe
9.4 APAC
9.4.1 China
9.4.2 Japan
9.4.3 Australia
9.4.4 India
9.4.5 Rest of APAC
9.5 Rest of the World
9.5.1 Latin America
9.5.2 Middle East & Africa

10 Competitive Landscape
10.1 Overview
10.2 Ranking of Market Players
10.3 Competitive Scenario
10.3.1 Product Launches
10.3.2 Partnerships and Collaborations
10.3.3 Acquisitions and Expansions

11 Company Profiles
11.1 Key Players
11.1.1 Axis Communications
11.1.2 Hella Aglaia Mobile Vision
11.1.3 Infrared Integrated Systems (IRISYS)
11.1.4 Retailnext
11.1.5 Shoppertrak
11.1.6 Eurotech
11.1.7 Axiomatic Technology
11.1.8 Countwise
11.1.9 Dilax Intelcom
11.1.10 IEE S.A.
11.1.11 IRIS
11.1.12 Point Grey Research
11.1.13 V-Count
11.1.14 Xovis Ag
11.1.15 Infodev Electronic Designers International
11.2 Startup Ecosystem
11.2.1 Density
11.2.2 Innovation in Traffic Systems AG
11.2.3 Clever Devices
11.2.4 Retail Sensing
11.2.5 Syncromatics

For more information about this report visit https://www.researchandmarkets.com/research/bqp2dz/global_people?w=5

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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SOURCE Research and Markets

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