People counting system market worth $1,150.2 Million by 2023 - PowerPoint PPT Presentation

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People counting system market worth $1,150.2 Million by 2023

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According to the new market research report "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", the people counting system market is estimated to be valued at USD 694.7 Million in 2018 and is likely to reach USD 1,150.2 Million by 2023, at a CAGR of 10.6% between 2018 and 2023. The major factors driving this market include 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. – PowerPoint PPT presentation

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Title: People counting system market worth $1,150.2 Million by 2023


1
People Counting System Market
  • People Counting System Market Worth 1,150.2
    Million - Global Forecast to 2023

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2
Introduction
  • The people counting system market was valued at
    USD 621.2 Million in 2017 and is expected to
    reach USD 1,150.2 Million by 2023, at a CAGR of
    10.6 during the forecast period. 
  • Factors such as 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 are driving the growth
    of this market.
  • Years considered for the report
  • 2017 Base Year
  • 2018 Estimated Year
  • 2023 Projected Year
  • 20182023 Forecast Period

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3
Major Objectives of the Report
  • To define, describe, and forecast the people
    counting system market segmented on the basis of
    technology, end user, hardware and software, and
    geography
  • To forecast the market size, in terms of value,
    for various segments with regard to main regions,
    namely, North America, Europe, Asia Pacific
    (APAC), and Rest of the World (RoW)
  • To provide detailed information regarding the
    major factors influencing the growth of the
    people counting system market (drivers,
    restraints, opportunities, and industry-specific
    challenges)
  • To strategically analyze micro markets with
    respect to individual growth trends, prospects,
    and contribution to the total market
  • To provide a detailed overview of the value chain
    in the people counting system market

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4
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Key Target Audience
  • Original Equipment Manufacturers (OEMs)
  • Integrated Device Manufacturers (IDMs)
  • Original Design Manufacturers (ODMs)
  • Assembly, Testing, and Packaging Vendors
  • Technology, Service, and Solution Providers
  • Suppliers and Distributors
  • Governments and Other Regulatory Bodies
  • Technology Investors
  • Research Institutes and Organizations
  • Market Research and Consulting Firms

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6
Retail stores, supermarkets, and shopping malls
to grow at the highest CAGR during the forecast
period
  • Based on end user, the retail stores,
    supermarkets, and shopping malls segment is
    expected to witness the highest growth rate
    during the forecast period.
  • The retail industry is becoming more complex and
    is constantly evolving. To sustain amidst the
    shifting demographics, new technologies, and
    well-informed shoppers, retailers have to modify
    their existing strategies to achieve new goals.
  • Retailers need to know the footfalls at their
    shops at regular intervals to remain competitive
    in the complex retail world. By observing the
    ratio of traffic to sales, retailers can fairly
    and accurately compare stores with low sales
    volume and high sales volume.

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7
Scope of the Report
  • People Counting System Market, By Technology
  • IR Beam
  • Thermal Imaging
  • Video-based
  • Others
  • People Counting System Market, By Hardware and
    Software
  • Hardware
  • Software
  • People Counting System Market, By End User
  • Retail Stores, Supermarkets, and Shopping Malls
  • Transportation
  • Corporate
  • Sports and Entertainment
  • Other End Users

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9
North America expected to hold the largest market
share during the forecast period
  • North America emerged as the major consumer for
    people counting systems. 
  • The presence of many of the worlds busiest
    airports and increasing adoption of people
    counting solutions in transportation are factors
    expected to propel the growth of the people
    counting system market in North America.
  • Major companies, such as RetailNext, ShopperTrak,
    and Axis Communications, are launching their
    products in this region.
  • The major players in the people counting system
    market include Axis Communications AB (Sweden),
    HELLA Aglaia Mobile Vision GmbH (Germany),
    InfraRed Integrated Systems Ltd. (UK),
    RetailNext, Inc. (US), ShopperTrak (US), Eurotech
    S.p.A. (Italy), Axiomatic Technology Limited
    (UK), Countwise LLC (US), DILAX Intelcom GmbH
    (Germany), IEE S.A. (Luxembourg), Iris-GmbH
    (Germany), V-Count (Turkey), and Xovis AG
    (Switzerland).

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10
Critical questions the report answers
  • Where will all these developments take the
    industry in the mid-to-long term?
  • What are key strategies adopted by leading
    companies in the People Counting System market?
  • What are industry trends in the people couning
    system market?
  • Attractive Opportunities in the global people
    counting system market.

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  • To speak to our analyst for a discussion on the
    above findings, click Speak to Analyst
  • OR
  • Download the Full Report

12
About MarketsandMarkets
  • MarketsandMarkets provides quantified B2B
    research on 30,000 high growth niche
    opportunities/threats which will impact 70 to
    80 of worldwide companies revenues. Currently
    servicing 7500 customers worldwide including 80
    of global Fortune 1000 companies as clients.
    Almost 75,000 top officers across eight
    industries worldwide approach MarketsandMarkets
    for their painpoints around revenues decisions.
  • MarketsandMarketss flagship competitive
    intelligence and market research platform,
    "Knowledgestore" connects over 200,000 markets
    and entire value chains for deeper understanding
    of the unmet insights along with market sizing
    and forecasts of niche markets.

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13
Thank You
  • Contact Us
  • Mr. Shelly SinghMarketsandMarkets INC. 630
    Dundee Road Suite 430 Northbrook, IL 60062 USA
    1-888-600-6441 sales_at_marketsandmarkets.com

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