People Counter Market to Grow at a CAGR of 16.8% in terms of revenue by 2024

People Counting System Market 2019-2024

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 market is expected to be worth USD 1533.30 Million by 2022, at a CAGR of 18 % between 2016 and 2022. The growth of this market is propelled by the growing retail sector and increase in the adoption rate of people counting systems, availability of economical and easy-to-install solutions, and increasing demand from transportation sector for people counting solutions. The advancements in people counting solutions such as availability of 3D people counting and the growing opportunity in emerging markets such as Latin America, Middle East, and Africa would provide ample growth opportunities for the people counting system market in the coming years.

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The video-based technology is expected to dominate the people counting system market during the forecast period. The video-based technology offers high accuracy during high-volume traffic, ability to detect the direction in which person or shopper is moving remains unaffected in varying environments of light, heat, shadows, and it can easily distinguish people from objects and track continuously through a large area for an extended period of time.

According to this study, over the next five years, the People Counting System market will register a 16.8% CAGR in terms of revenue, the global market size will reach US$ 1740 million by 2024, from US$ 690 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in People Counting System business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of People Counting System market by product type, application, key manufacturers and key regions and countries.

This study considers the People Counting System value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

IR Beam
Thermal Imaging
Video-Based
Others

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

Retail
Transportation
Banking & Finance
Hospitality
Sports & Entertainment
Government
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competitive landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in Chapter 3.

RetailNext
Brickstream
ShopperTrak
DILAX Intelcom GmbH
IRIS-GmbH
Eurotech S.p.A.
InfraRed Integrated Systems
Axiomatic Technology
Hikvision
Axis Communication AB
WINNER Technology
Countwise LLC
V-Count
Xovis AG
IEE S.A.
HELLA Aglaia Mobile Vision GmbH

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global People Counting System consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of People Counting System market by identifying its various sub-segments.
Focuses on the key global People Counting System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To analyze the People Counting System with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks.
To project the consumption of People Counting System submarkets, with respect to key regions along with their respective key countries.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Content Covers the Topics mentioned below

2019-2024 Global People Counting System Consumption Market Report

1 Scope of the Report
2 Executive Summary
3 Global People Counting System by Players
4 People Counting System by Regions
5 Americas Market
6 APAC Market
7 Europe Market
8 Middle East & Africa Market
9 Market Drivers, Challenges and Trends
10 Marketing, Distributors and Customer
11 Global People Counting System Market Forecast
12 Key Players Analysis
13 Research Findings and Conclusion

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