People Counting System Market - Forecast(2024 - 2030)

Report Code: ESR 17313 Report Format: PDF + Excel

People Counting System Market Overview

The global People Counting System Market is estimated to surpass $1.4 billion mark by 2026 growing at an estimated CAGR of more than 10.6% during the forecast period 2021 to 2026. People counting system is used for counting the number of persons entering through the device that measures the amount and direction of any individual travelling through any entrance. Rising concerns for safety and security at public places has increased the demand for people counting systems. Increased awareness about analytics solutions for understanding the customer behavior and preference in the retail stores, hospitality and entertainment industry have increased the demand for the people counting system in the market. Rapid increase in the retail sector and adoption of the digitalized technologies are compelling the retail store keepers to adopt the people counting system. These systems increasingly utilize thermal imaging or infrared beam based PTZ Cameras for automated counting. These are the factors set to boost the market growth for People Counting System during the forecast period 2021-2026.

People Counting System Market Report Coverage

The report: “People Counting System Market– Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the People Counting System market.

By Type  – Unidirectional, Bidirectional
By  Technology– Infrared beam, Thermal imaging, Video based, Others
By  Offering – Software, Hardware
By End User Industry– Retail, BFSI, Transportation, Healthcare, Entertainment & Media, Hospitality, Sports, Corporate, Industrial, Smart cities and others
By Product – Horizontal Beam counting, Vertical Beam counting
By Connectivity – Wired, Wireless
By Geography - North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, South Korea, Australia and Others), South America (Brazil, Argentina and Others) and RoW (Middle east and Africa)

Key Takeaways

  • The People Counting System market is estimated to witness substantial growth over the forecast period primarily due to the growing demand for adoption of advancement in the technologies like safety and security, Consumer behavior analytics.
  • Retail industry is one of the major driving factors for the growth of the People Counting System market. Retail stores, hyper stores, shopping malls are the end user application that benefit from this market. 
  • People Counting System market is dominated by North America and is expected to hold highest market share during the forecast period, 2021-2026.

People Counting System Market, By Region, 2020 (%)

For More Details on This Report - Request for Sample

People Counting System Market Segment Analysis – By Type

Market is segmented based on types into Bidirectional and Unidirectional. Bidirectional is expected to grow during the forecasted period with the largest CAGR of 13.2%. The demand is high due to the ability for accuracy in bidirectional compared unidirectional. This bidirectional type of people counting system can easily identify the direction of the people without any human intervention. These are mostly utilised in retail stores, shopping malls, airports and stadiums for the staff management to maintain the public flow.

People Counting System Market Segment Analysis – By End User Industry

Based on the End user industry the market is segmented into Retail, BFSI, Transportation, Healthcare, Entertainment & Media, Hospitality, Sports, Corporate, Industrial, Smart cities and others. Retail sector is expected to account for the highest market share in 2020 at 24.2%. People counting system have the advantages in the deployment of consumer behavior analysis, real time data, retail intelligence, and staff management as these are helpful in taking key decision with all the data gathered. The rapid growth in the retail stores and established shopping malls are the major driving factor for the people counting market. Retailers widely deploy people counting system as they support in-store analytics by counting and tracking customers inside the stores.

People Counting System Market Segment Analysis – By Geography

People Counting System market is dominated by North America, with the region expected to have the largest market share during the forecasted period with 38% share in 2020. This is because North America has large number of shopping malls, retail stores, theme parks, stadiums, banks, airports etc., where there are requirements of tracking and counting of the people who are entering the place. APAC follows North America in the demand. Rapid growth of retail stores, shopping malls, supermarkets is demanding the people counting system market. Government initiatives towards encouraging the foreign retailers to invest in the APAC market are another factor for the growth of people counting systems in the APAC regions.

People Counting System Market Drivers

Increased technical advancements in the Retail sector

There are lot of technological advancements in the retail sector, such as digital marketing, people counting, analytics, consumer behaviour, artificial intelligence, augmented reality, sensor data, and so on which have driven the capability of retail automation. Retailers have adopted people counting systems to get a better understanding of customers as well as for enhancing shopping experiences. People counting systems used for retail analytics software to measure several key performance indicators such as conversion rate, visitor count, outside traffic, staff planning, dwell time, pedestrian foot traffic, walk-in rate, shopper to staff ratio, and customer path. High reliability, accuracy, and the ability to exclude carts, strollers, and children from the total count are the major advantages of the people counting system. This way the people counting system are having the major growth in the forecasted period.

Investment and Adoption in Shopping Malls and Chain Retail Stores

In shopping malls, people counting systems have various applications in different shops such as food, cosmetics, accessories, and others. These systems are used to automate the retail store and understand peak areas and timings. Whereas the increasing trends of adoption in retail of the people counting system will enhance the overall market growth. Due to the Covid 19 pandemic, demand for people counting system in shopping malls has increased as they help in understanding customer requirements to a larger extent.

People Counting System Market Challenges

Rise of E-Commerce

Increased online shopping and decreased number of visitor for the retail stores due to Covid-19 has affected the growth of people counting system. E-commerce has affected the growth of the retail sector at a significant level globally. E-commerce and E- business have increased rapidly in recent years which is the major threat for the physical or brick & mortar stores and this will impact the market share of people counting system as the decreasing customer visit will decrease the need of people counting system in the stores.    

People Counting System Market Landscape

Players adopt Acquisitions, Partnership, Collaboration and facility expansion as key strategies to increase its market share and revenue of the people counting system market. Hella Aglaia Mobile Vision Axis Communications AB., InfraRed Integrated Systems Ltd, RetailNext, Inc., Johnson Controls., EUROTECH, Axiomatic Technologies Corporation, Countwise. iris-GmbH infrared & intelligent sensors, FLIR Systems, Inc., Xovis AG, and Traf-Sys are some of key players in the market.

Acquisitions/Technology Launches/Partnerships

  • In November 2020, STMicroelectronics and Schneider Electric collaboratively developed Advanced People-Counting Solution using Artificial Intelligence into a high-performance people-counting sensor, which overcomes the challenge of monitoring attendance in large spaces with multiple entrance points.
  • In October 2020, Advantech & Quanergy Announce PartnershipBuild LiDAR-Enabled 3D IoT Solutions for the anonymity of people and provide GDPR compliant solutions for people counting and tracking, occupancy and distance monitoring.
  • In August, 2020, Samsung partners with Quividi, the leading audience & campaign intelligence platform for digital signage. The technology works by using data capturing hardware, such as cameras, to count how many people are entering a store.

Related Reports

Retail Self Service Kiosk Market - Forecast(2021 - 2026)

Report Code: AIR 0157

Retail Automation Market - Forecast(2021 - 2026)

Report Code: ESR 0058

For more Electronics Market reports, please click here

1. People Counting System Market Overview
    1.1 Definitions and Scope
2. People Counting System Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends By Offering
    2.3 Key trends segmented by Geography
3. People Counting System Market – Market Landscape
    3.1 Comparative Analysis
        3.1.1 Product/Company Benchmarking-Top 5 Companies
        3.1.2 Top 5 Financial Analysis
        3.1.3 Market Value Split by Top 5 Companies
        3.1.4 Patent Analysis
        3.1.5 Pricing Analysis (Comparison of General Price of Industry Solutions)
4. People Counting System Market – Industry Market Entry Scenario Premium (Premium)
    4.1 Regulatory Scenario
    4.2 Ease of Doing Business Index
    4.3 Case Studies
    4.4 Customer Analysis
5. People Counting System Market – Startup Company Scenario (Premium)
    5.1 Venture Capital and Funding Scenario
    5.2 Startup Company Analysis
6. People Counting System Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. People Counting System Market – By Strategic Analysis (Market Size -$Million/Billion)
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Product Life Cycle/Market Life Cycle Analysis
8. People Counting System Market – By Offering (Market Size -$Million/Billion)
    8.1 Software
    8.2 Hardware
9. People Counting System Market – By End Use Industry (Market Size -$Million/Billion)
    9.1 Corporate
    9.2 Industrial
    9.3 Smart Cities
    9.4 Media and Entertainment
    9.5 Hospitality
    9.6 Healthcare
    9.7 Sports
    9.8 BFSI
    9.9 Retail
    9.10 Transportation
    9.11 Others
10. People Counting System Market – By Type (Market Size -$Million/Billion)
    10.1 Unidirectional
    10.2 Bidirectional
11. People Counting System Market – By Technology (Market Size -$Million/Billion)
    11.1 Thermal Imaging
    11.2 Video Based
    11.3 Infrared Imaging
    11.4 Others
12. People Counting System Market – By Product (Market Size -$Million/Billion)
    12.1 Horizontal Beam Counting
    12.2 Vertical Beam Counting
13. People Counting System Market – By Connectivity (Market Size -$Million/Billion)
    13.1 Wired
    13.2 Wireless
14. People Counting System Market - By Geography (Market Size -$Million/Billion)
    14.1 North America
        14.1.1 U.S
        14.1.2 Canada
        14.1.3 Mexico
    14.2 Europe
        14.2.1 Germany
        14.2.2 France
        14.2.3 UK
        14.2.4 Italy
        14.2.5 Spain
        14.2.6 Russia
        14.2.7 Netherlands
        14.2.8 Others
    14.3 APAC
        14.3.1 China
        14.3.2 Japan
        14.3.3 South Korea
        14.3.4 India
        14.3.5 Australia
        14.3.6 Indonesia
        14.3.7 Malaysia
        14.3.8 Others
    14.4 South America
        14.4.1 Brazil
        14.4.2 Argentina
        14.4.3 Chile
        14.4.4 Colombia
        14.4.5 Others
    14.5 RoW
        14.5.1 Middle East
        14.5.2 Africa
15. People Counting System Market - Market Entropy
    15.1 New product launches
    15.2 M&A's, collaborations, JVs and partnerships
16. People Counting System Market – Industry Competitive Landscape (Premium)
    16.1 Market Share – Global
    16.2 Market Share by Region
    16.3 Market Share By End Use Industry
17. People Counting System Market – Key Company List by Country Premium (Premium)
18. People Counting System Market - Company Analysis
    18.1 Company 1
    18.2 Company 2
    18.3 Company 3
    18.4 Company 4
    18.5 Company 5
    18.6 Company 6
    18.7 Company 7
    18.8 Company 8
    18.9 Company 9
    18.10 Company 10

LIST OF TABLES

1.Global People Counting System Market By Technology Market 2023-2030 ($M)
1.1 Infrared Beam Market 2023-2030 ($M) - Global Industry Research
1.2 Thermal Imaging Market 2023-2030 ($M) - Global Industry Research
1.3 Video-Based Market 2023-2030 ($M) - Global Industry Research
2.Global People Counting System Market By Hardware & Software Market 2023-2030 ($M)
2.1 Hardware Market 2023-2030 ($M) - Global Industry Research
2.1.1 Thermal Cameras Market 2023-2030 ($M)
2.1.2 Infrared Market 2023-2030 ($M)
2.1.3 Fixed Camera Market 2023-2030 ($M)
2.1.4 Fixed Dome Camera Market 2023-2030 ($M)
2.2 Software Market 2023-2030 ($M) - Global Industry Research
2.2.1 Queue Management Market 2023-2030 ($M)
3.Global People Counting System Market By End User Market 2023-2030 ($M)
3.1 Transportation Market 2023-2030 ($M) - Global Industry Research
3.1.1 Fleet Management Optimization Market 2023-2030 ($M)
3.2 Corporate Market 2023-2030 ($M) - Global Industry Research
3.3 Hospitality Market 2023-2030 ($M) - Global Industry Research
3.4 Banking & Financial Institutes Market 2023-2030 ($M) - Global Industry Research
3.5 Healthcare Market 2023-2030 ($M) - Global Industry Research
3.6 Sports & Entertainment Market 2023-2030 ($M) - Global Industry Research
4.Global People Counting System Market By Technology Market 2023-2030 (Volume/Units)
4.1 Infrared Beam Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Thermal Imaging Market 2023-2030 (Volume/Units) - Global Industry Research
4.3 Video-Based Market 2023-2030 (Volume/Units) - Global Industry Research
5.Global People Counting System Market By Hardware & Software Market 2023-2030 (Volume/Units)
5.1 Hardware Market 2023-2030 (Volume/Units) - Global Industry Research
5.1.1 Thermal Cameras Market 2023-2030 (Volume/Units)
5.1.2 Infrared Market 2023-2030 (Volume/Units)
5.1.3 Fixed Camera Market 2023-2030 (Volume/Units)
5.1.4 Fixed Dome Camera Market 2023-2030 (Volume/Units)
5.2 Software Market 2023-2030 (Volume/Units) - Global Industry Research
5.2.1 Queue Management Market 2023-2030 (Volume/Units)
6.Global People Counting System Market By End User Market 2023-2030 (Volume/Units)
6.1 Transportation Market 2023-2030 (Volume/Units) - Global Industry Research
6.1.1 Fleet Management Optimization Market 2023-2030 (Volume/Units)
6.2 Corporate Market 2023-2030 (Volume/Units) - Global Industry Research
6.3 Hospitality Market 2023-2030 (Volume/Units) - Global Industry Research
6.4 Banking & Financial Institutes Market 2023-2030 (Volume/Units) - Global Industry Research
6.5 Healthcare Market 2023-2030 (Volume/Units) - Global Industry Research
6.6 Sports & Entertainment Market 2023-2030 (Volume/Units) - Global Industry Research
7.North America People Counting System Market By Technology Market 2023-2030 ($M)
7.1 Infrared Beam Market 2023-2030 ($M) - Regional Industry Research
7.2 Thermal Imaging Market 2023-2030 ($M) - Regional Industry Research
7.3 Video-Based Market 2023-2030 ($M) - Regional Industry Research
8.North America People Counting System Market By Hardware & Software Market 2023-2030 ($M)
8.1 Hardware Market 2023-2030 ($M) - Regional Industry Research
8.1.1 Thermal Cameras Market 2023-2030 ($M)
8.1.2 Infrared Market 2023-2030 ($M)
8.1.3 Fixed Camera Market 2023-2030 ($M)
8.1.4 Fixed Dome Camera Market 2023-2030 ($M)
8.2 Software Market 2023-2030 ($M) - Regional Industry Research
8.2.1 Queue Management Market 2023-2030 ($M)
9.North America People Counting System Market By End User Market 2023-2030 ($M)
9.1 Transportation Market 2023-2030 ($M) - Regional Industry Research
9.1.1 Fleet Management Optimization Market 2023-2030 ($M)
9.2 Corporate Market 2023-2030 ($M) - Regional Industry Research
9.3 Hospitality Market 2023-2030 ($M) - Regional Industry Research
9.4 Banking & Financial Institutes Market 2023-2030 ($M) - Regional Industry Research
9.5 Healthcare Market 2023-2030 ($M) - Regional Industry Research
9.6 Sports & Entertainment Market 2023-2030 ($M) - Regional Industry Research
10.South America People Counting System Market By Technology Market 2023-2030 ($M)
10.1 Infrared Beam Market 2023-2030 ($M) - Regional Industry Research
10.2 Thermal Imaging Market 2023-2030 ($M) - Regional Industry Research
10.3 Video-Based Market 2023-2030 ($M) - Regional Industry Research
11.South America People Counting System Market By Hardware & Software Market 2023-2030 ($M)
11.1 Hardware Market 2023-2030 ($M) - Regional Industry Research
11.1.1 Thermal Cameras Market 2023-2030 ($M)
11.1.2 Infrared Market 2023-2030 ($M)
11.1.3 Fixed Camera Market 2023-2030 ($M)
11.1.4 Fixed Dome Camera Market 2023-2030 ($M)
11.2 Software Market 2023-2030 ($M) - Regional Industry Research
11.2.1 Queue Management Market 2023-2030 ($M)
12.South America People Counting System Market By End User Market 2023-2030 ($M)
12.1 Transportation Market 2023-2030 ($M) - Regional Industry Research
12.1.1 Fleet Management Optimization Market 2023-2030 ($M)
12.2 Corporate Market 2023-2030 ($M) - Regional Industry Research
12.3 Hospitality Market 2023-2030 ($M) - Regional Industry Research
12.4 Banking & Financial Institutes Market 2023-2030 ($M) - Regional Industry Research
12.5 Healthcare Market 2023-2030 ($M) - Regional Industry Research
12.6 Sports & Entertainment Market 2023-2030 ($M) - Regional Industry Research
13.Europe People Counting System Market By Technology Market 2023-2030 ($M)
13.1 Infrared Beam Market 2023-2030 ($M) - Regional Industry Research
13.2 Thermal Imaging Market 2023-2030 ($M) - Regional Industry Research
13.3 Video-Based Market 2023-2030 ($M) - Regional Industry Research
14.Europe People Counting System Market By Hardware & Software Market 2023-2030 ($M)
14.1 Hardware Market 2023-2030 ($M) - Regional Industry Research
14.1.1 Thermal Cameras Market 2023-2030 ($M)
14.1.2 Infrared Market 2023-2030 ($M)
14.1.3 Fixed Camera Market 2023-2030 ($M)
14.1.4 Fixed Dome Camera Market 2023-2030 ($M)
14.2 Software Market 2023-2030 ($M) - Regional Industry Research
14.2.1 Queue Management Market 2023-2030 ($M)
15.Europe People Counting System Market By End User Market 2023-2030 ($M)
15.1 Transportation Market 2023-2030 ($M) - Regional Industry Research
15.1.1 Fleet Management Optimization Market 2023-2030 ($M)
15.2 Corporate Market 2023-2030 ($M) - Regional Industry Research
15.3 Hospitality Market 2023-2030 ($M) - Regional Industry Research
15.4 Banking & Financial Institutes Market 2023-2030 ($M) - Regional Industry Research
15.5 Healthcare Market 2023-2030 ($M) - Regional Industry Research
15.6 Sports & Entertainment Market 2023-2030 ($M) - Regional Industry Research
16.APAC People Counting System Market By Technology Market 2023-2030 ($M)
16.1 Infrared Beam Market 2023-2030 ($M) - Regional Industry Research
16.2 Thermal Imaging Market 2023-2030 ($M) - Regional Industry Research
16.3 Video-Based Market 2023-2030 ($M) - Regional Industry Research
17.APAC People Counting System Market By Hardware & Software Market 2023-2030 ($M)
17.1 Hardware Market 2023-2030 ($M) - Regional Industry Research
17.1.1 Thermal Cameras Market 2023-2030 ($M)
17.1.2 Infrared Market 2023-2030 ($M)
17.1.3 Fixed Camera Market 2023-2030 ($M)
17.1.4 Fixed Dome Camera Market 2023-2030 ($M)
17.2 Software Market 2023-2030 ($M) - Regional Industry Research
17.2.1 Queue Management Market 2023-2030 ($M)
18.APAC People Counting System Market By End User Market 2023-2030 ($M)
18.1 Transportation Market 2023-2030 ($M) - Regional Industry Research
18.1.1 Fleet Management Optimization Market 2023-2030 ($M)
18.2 Corporate Market 2023-2030 ($M) - Regional Industry Research
18.3 Hospitality Market 2023-2030 ($M) - Regional Industry Research
18.4 Banking & Financial Institutes Market 2023-2030 ($M) - Regional Industry Research
18.5 Healthcare Market 2023-2030 ($M) - Regional Industry Research
18.6 Sports & Entertainment Market 2023-2030 ($M) - Regional Industry Research
19.MENA People Counting System Market By Technology Market 2023-2030 ($M)
19.1 Infrared Beam Market 2023-2030 ($M) - Regional Industry Research
19.2 Thermal Imaging Market 2023-2030 ($M) - Regional Industry Research
19.3 Video-Based Market 2023-2030 ($M) - Regional Industry Research
20.MENA People Counting System Market By Hardware & Software Market 2023-2030 ($M)
20.1 Hardware Market 2023-2030 ($M) - Regional Industry Research
20.1.1 Thermal Cameras Market 2023-2030 ($M)
20.1.2 Infrared Market 2023-2030 ($M)
20.1.3 Fixed Camera Market 2023-2030 ($M)
20.1.4 Fixed Dome Camera Market 2023-2030 ($M)
20.2 Software Market 2023-2030 ($M) - Regional Industry Research
20.2.1 Queue Management Market 2023-2030 ($M)
21.MENA People Counting System Market By End User Market 2023-2030 ($M)
21.1 Transportation Market 2023-2030 ($M) - Regional Industry Research
21.1.1 Fleet Management Optimization Market 2023-2030 ($M)
21.2 Corporate Market 2023-2030 ($M) - Regional Industry Research
21.3 Hospitality Market 2023-2030 ($M) - Regional Industry Research
21.4 Banking & Financial Institutes Market 2023-2030 ($M) - Regional Industry Research
21.5 Healthcare Market 2023-2030 ($M) - Regional Industry Research
21.6 Sports & Entertainment Market 2023-2030 ($M) - Regional Industry Research

LIST OF FIGURES

1.US People Counting System Market Revenue, 2023-2030 ($M)
2.Canada People Counting System Market Revenue, 2023-2030 ($M)
3.Mexico People Counting System Market Revenue, 2023-2030 ($M)
4.Brazil People Counting System Market Revenue, 2023-2030 ($M)
5.Argentina People Counting System Market Revenue, 2023-2030 ($M)
6.Peru People Counting System Market Revenue, 2023-2030 ($M)
7.Colombia People Counting System Market Revenue, 2023-2030 ($M)
8.Chile People Counting System Market Revenue, 2023-2030 ($M)
9.Rest of South America People Counting System Market Revenue, 2023-2030 ($M)
10.UK People Counting System Market Revenue, 2023-2030 ($M)
11.Germany People Counting System Market Revenue, 2023-2030 ($M)
12.France People Counting System Market Revenue, 2023-2030 ($M)
13.Italy People Counting System Market Revenue, 2023-2030 ($M)
14.Spain People Counting System Market Revenue, 2023-2030 ($M)
15.Rest of Europe People Counting System Market Revenue, 2023-2030 ($M)
16.China People Counting System Market Revenue, 2023-2030 ($M)
17.India People Counting System Market Revenue, 2023-2030 ($M)
18.Japan People Counting System Market Revenue, 2023-2030 ($M)
19.South Korea People Counting System Market Revenue, 2023-2030 ($M)
20.South Africa People Counting System Market Revenue, 2023-2030 ($M)
21.North America People Counting System By Application
22.South America People Counting System By Application
23.Europe People Counting System By Application
24.APAC People Counting System By Application
25.MENA People Counting System By Application
26.Key Players, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Startup Ecosystem, Sales /Revenue, 2015-2018 ($Mn/$Bn)