People counting system market analysis and industry forecast from 2019 to 2026

49
science-technology

Summary

The people counting system market is expected to witness growth from 2019 to 2026 due to increase in awareness of retail analytics for understanding customer behavior & preferences in retail, hospitality, and entertainment sectors.

Press Release

People Counting System Market Outlook – 2026

People counter is an electronic device, used in measuring the footfall i.e. number of people passes across from a certain passage or an entrance. It is used in various applications for footfall analysis and queue management such as retailers, transport hubs, supermarkets, bricks and motor stores.

Various kinds of people counters are available which can be fitted according to the convenience of budget and need of the stores like WIFI trackers, thermal imaging systems, Simple manual clickers, Infrared beams, and video counters. There are numerous technologies accompanying people counting systems such as infrared beams, thermal sensing, video, and others.

Axis Communications AB, FLIR Systems, and Infrared integrated systems Ltd are the top players of the global people counting system market. Axis communication AB, a Sweden based company, provider of safer and smart network solutions which improves security in businesses.

The people counting system market is expected to witness growth from 2019 to 2026 due to increase in awareness of retail analytics for understanding customer behavior & preferences in retail, hospitality, and entertainment sectors. Rapidly emerging retail sector and the adoption of digitized technologies are compelling retailers to adopt advanced people counters.

The increase in automated systems in several industries influence people counting system to gain popularity in transportation & retail applications. Various vendors introducing 2D & 3D video-based counting systems that provide accurate traffic measurement results due to the deployment of cameras and stereo vision sensors. Hence all these factors are responsible for market growth.

Factors such increase in adoption rate of People Counting Technologies in retail sector and rise in demand for people counting solution in the transportation sector are the major drivers of the people counting market growth.

Key players profiled in the people counting system industry include Axis Communications, Hella Aglaia Mobile Vision, Infrared Integrated Systems, Retailnext, Shoppertrak, Eurotech, Axiomatic Technology, Countwise, Dilax Intelcom and Infodev Electronic Designers International. These players adopt collaboration, partnership, and agreement as their key developmental strategies to increase revenue of the People counting entry system market and develop new products for enhancing product portfolio.