People counting systems are also known as counter or footfall counter systems. These are electronic devices that are used to count number of persons entering or passing through a certain entrance. These systems are used in calculation of store conversion rate, compare business performance across other markets, i.e. number of people entering shops or building in a particular time, and others. In addition, these systems enhance traffic count by leveraging data from smartphones that are Wi-Fi enabled. These factors are driving the demand of the global people counting systems in the forecast period. However, development of e-commerce and B2C customer relation is significantly affecting the retail sector. E-commerce has decreased the number of people visiting retail stores, which in turn is predicted to restrain the market growth in the forecast period.
The report offers meticulous analysis of the global People Counting System Market by thoroughly studying different assets of the market including major segments, market dynamics, regional market conditions, investment opportunities, and top players functioning that will enable the business success.
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People counting systems are utilized to count the number of people entering into a particular area. These systems are capable of providing visit duration &frequency, entrance path analysis, and pass-by traffic. Thus, upsurge in the utilization of people counting systems in various areas such as museums, theme parks, airport, restaurant, exhibition center, and supermarkets have increased the demand of the global people counting system market. In addition, growing preference for retail analytics coupled with analysis of customer behavior and customer preference in hospitality and entertainment end-users have fueled the demand of the people counting system. However, end-users using unidirectional type of people counting systems are facing problems. For instance, companies using Wi-Fi or pressure mat-based technology to count number of people have been affected due to COVID-19 pandemic as these counting systems do not factor social distancing counting methods.
Segmentation Of People Counting System Market :
By Application :
- Queue Management
- Exhibition Center
- Restaurants
- Airports
- Shopping Malls
- Others
By Type :
- Unidirectional
- Bidirectional
By Technology
- Infrared Beam
- Video-Based
- Thermal Imaging
By End-User
- Retail Stores
- Transportation
- Stadiums
- Museums
- Others
Reasons to Purchase People Counting System Market :
- The trendy developments, market shares, and strategies that are employed by means of the essential market players.
- The cloud segment will grow exponentially, during the forecast period.
- The segment that is anticipated to dominate the market as properly as the segment which holds the highest CAGR in the forecast period
- Current and future of outlook in the developed and rising markets.
- Regions/countries that are anticipated to witness the quickest growth rates at some stage in the forecast period.
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Regions & Countries Mentioned :
1) North America- (United States, Canada)
2) Europe- (Germany, France, UK, Italy, Russia, Spain, Netherlands, Switzerland, Belgium)
3) Asia Pacific- (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Vietnam)
4) Middle East & Africa- (Turkey, Saudi Arabia, United Arab Emirates, South Africa, Israel, Egypt, Nigeria)
5) Latin America- (Brazil, Mexico, Argentina, Colombia, Chile, Peru).
TOP Key Players People Counting System Market :
The report outlines the business overview including financial performance, latest strategic moves & developments, product portfolio, and SWOT analysis of the leading players of the People Counting System Market.
- Hella Aglaia Mobile Vision GmbH
- Shopper Trak
- Eurotech
- Retail Next
- Axis Communication Inc.
- Infodev Electronics Designer International Inc.
- Axiomatic Technology
- Infrared and Intelligent Sensors Inc.
- Count Wise Ltd.
- FLIR Systems
- Others
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