Product Code: 2546
The people counting system market is anticipated to grow enormously by 2028 owing to increasing product adoption across different sectors.
At the beginning of the COVID-19 pandemic, the industry saw a huge decline in demand due to the closure of hubs and stores in lockdowns. Recently, privacy concerns associated with the use of the technology have affected product outlook to a certain extent. However, the industry has showcased massive growth on account of surging utilization for managing passenger flow during the pandemic.
The people counting system market has been bifurcated based on component, technology, end-use, and region. On the basis of technology, the market has been further divided into infrared, thermal imaging, and video-based. The thermal imaging technology is expected to grow massively through 2028 due to rising safety concerns across the government & defense sectors in order to prevent any illegal activities.
With regards to component, the people counting system market has been split into hardware & software. Under hardware, the market has been classified into fixed dome camera, PTZ camera, fixed camera, and infrared beam. The fixed dome camera segment is anticipated to observe significant growth through 2028. Growing investments in research & development activities from manufacturers to develop their product portfolio are speculated to contribute to segmental growth.
In terms of end-use, the people counting system market has been segregated into commercial, BFSI, healthcare, government & defense, retail, hospitality & entertainment, and transportation. The BFSI segment is likely to exhibit robust growth by 2028. Increasing adoption of people counting systems in the BFSI sector to verify the feasibility and performance of different branches based on daily foot traffic is foreseen to impel segmental development.
The commercial segment is expected to witness notable expansion through the forecast period owing to mounting product demand in the commercial sector since the technology helps authorities in calculating the occupancy rate in a building and managing the traffic flow inside the premises. The hospitality & entertainment segment is estimated to amass substantial gains over the study timeframe because of the product's capability to provide real-time information precisely for suitable resource allocation and adjustment.
The transportation segment holds a sizable share in the market and is poised to exhibit sturdy progress through 2028 backed by soaring government investments towards modernizing the existing transportation infrastructure. People counting systems allows authorities to store and monitor daily passenger data efficiently, which is slated to be favorable for segmental growth.
With respect to region, the Latin America people counting system market is poised to observe strong growth through 2028. Increasing urbanization across LATAM would encourage the administration to install people counting systems to prevent over-crowding at different locations, which is anticipated to promote product adoption.
Meanwhile, MEA accounts for a notable portion of the overall people counting system industry revenue and is primed to grow at a significant pace over the forecast period. Growing prevalence of smart city projects in Middle East & Africa are likely to accelerate market growth mainly because the technology assists authorities in monitoring pedestrian flow across the city.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Scope & definitions
- 1.2 Methodology & forecast parameters
- 1.3 Regional trends
- 1.3.1 North America
- 1.3.2 Europe
- 1.3.3 Asia Pacific
- 1.3.4 Latin America
- 1.3.5 MEA
- 1.4 Impact of the COVID-19 pandemic
- 1.4.1 North America
- 1.4.2 Europe
- 1.4.3 Asia Pacific
- 1.4.4 Latin America
- 1.4.5 MEA
- 1.5 Impact of the Ukraine-Russia war
- 1.6 Data sources
- 1.6.1 Secondary
- 1.6.2 Primary
- 1.7 Glossary
Chapter 2 Executive Summary
- 2.1 People counting system industry 360 degree synopsis, 2018 - 2028
- 2.1.1 Business trends
- 2.1.2 Regional trends
- 2.1.3 Technology trends
- 2.1.4 Component trends
- 2.1.5 End-use trends
Chapter 3 People Counting System Industry Insights
- 3.1 Introduction
- 3.2 Ukraine-Russia war impact
- 3.3 Impact of the coronavirus (COVID-19) pandemic
- 3.3.1 Global outlook
- 3.3.2 Industry value chain
- 3.3.2.1 Component supplier
- 3.3.2.2 Technology provider
- 3.3.2.3 Manufacturing
- 3.3.3 Competitive landscape
- 3.3.3.1 Strategy
- 3.3.3.2 Distribution network
- 3.3.3.3 Business growth
- 3.4 Industry ecosystem analysis
- 3.4.1 Raw material suppliers
- 3.4.2 Component suppliers
- 3.4.3 Manufacturers
- 3.4.4 Technology/software providers
- 3.4.5 Service providers
- 3.4.6 System Integrators
- 3.4.7 End-use landscape
- 3.4.8 Vendor matrix
- 3.5 Technology & innovation landscape
- 3.5.1 Wi-Fi based people counters
- 3.5.2 Automatic people counting
- 3.5.3 Behavior and Big Data analytics
- 3.5.4 Time-of-Flight technology
- 3.6 Regulatory landscape
- 3.6.1 North America
- 3.6.2 Europe
- 3.6.3 Asia Pacific
- 3.6.4 Latin America
- 3.6.5 MEA
- 3.7 Industry impact forces
- 3.7.1 Growth drivers
- 3.7.1.1 The expanding healthcare sector globally, fueling the demand for people counting systems at large hospitals
- 3.7.1.2 Modernizing the retail sector in North America and Europe
- 3.7.1.3 Increasing number of smart city projects in Asia Pacific & Latin America
- 3.7.1.4 Growing investments in R&D activities for new product launches
- 3.7.1.5 Expanding hospitality & entertainment industry in the MEA
- 3.7.2 Industry pitfalls & challenges
- 3.7.2.1 Rapid growth in the utilization of online shopping platforms
- 3.7.2.2 Privacy concerns related to video-based counting systems
- 3.8 Investment portfolio
- 3.9 Growth potential analysis
- 3.10 Porter's analysis
- 3.10.1 Supplier power
- 3.10.2 Buyer power
- 3.10.3 Threat of new entrants
- 3.10.4 Threat of substitutes
- 3.10.5 Internal rivalry
- 3.11 PESTEL analysis
- 3.11.1 Political
- 3.11.2 Economical
- 3.11.3 Social
- 3.11.4 Technological
- 3.11.5 Environmental
- 3.11.6 Legal
Chapter 4 Competitive Landscape, 2021
- 4.1 Introduction
- 4.2 Competitive analysis of major players
- 4.2.1 GIGA-BYTE Technology Co., Ltd.
- 4.2.2 Hangzhou Hikvision Digital Technology Co., Ltd.
- 4.2.3 HELLA Aglaia Mobile Vision GmbH
- 4.2.4 RetailNext, Inc.
- 4.2.5 ShopperTrak
- 4.3 Competitive analysis of prominent players
- 4.3.1 Axis Communications AB
- 4.3.2 DILAX Intelcom GmbH
- 4.3.3 InfraRed Integrated Systems Ltd.
- 4.3.4 Teledyne FLIR LLC
- 4.3.5 XOVIS AG
- 4.4 Vendor adoption matrix
Chapter 5 People Counting System Market, By Technology
- 5.1 People counting system market share, by technology, 2021 & 2028
- 5.2 Infrared
- 5.2.1 Market estimates and forecast, 2018 - 2028
- 5.3 Thermal imaging
- 5.3.1 Market estimates and forecast, 2018 - 2028
- 5.4 Video-based
- 5.4.1 Market estimates and forecast, 2018 - 2028
- 5.5 Others
- 5.5.1 Market estimates and forecast, 2018 - 2028
Chapter 6 People Counting System Market, By Component
- 6.1 People counting system market share, by component, 2021 & 2028
- 6.2 Hardware
- 6.2.1 Market estimates and forecast, 2018 - 2028
- 6.2.2 Fixed camera
- 6.2.2.1 Market estimates and forecast, 2018 - 2028
- 6.2.3 Fixed dome camera
- 6.2.3.1 Market estimates and forecast, 2018 - 2028
- 6.2.4 PTZ camera
- 6.2.4.1 Market estimates and forecast, 2018 - 2028
- 6.2.5 Infrared beam
- 6.2.5.1 Market estimates and forecast, 2018 - 2028
- 6.3 Software
- 6.3.1 Market estimates and forecast, 2018 - 2028
Chapter 7 People Counting System Market, By End-Use
- 7.1 People counting system market share, by end-use, 2021 & 2028
- 7.2 BFSI
- 7.2.1 Market estimates and forecast, 2018 - 2028
- 7.3 Commercial
- 7.3.1 Market estimates and forecast, 2018 - 2028
- 7.4 Government & defense
- 7.4.1 Market estimates and forecast, 2018 - 2028
- 7.5 Healthcare
- 7.5.1 Market estimates and forecast, 2018 - 2028
- 7.6 Hospitality & entertainment
- 7.6.1 Market estimates and forecast, 2018 - 2028
- 7.7 Retail
- 7.7.1 Market estimates and forecast, 2018 - 2028
- 7.8 Transportation
- 7.8.1 Market estimates and forecast, 2018 - 2028
Chapter 8 People Counting System Market, By Region
- 8.1 People counting system market share, by region, 2021 & 2028
- 8.2 North America
- 8.2.1 Market estimates and forecast, by technology, 2018 - 2028
- 8.2.2 Market estimates and forecast, by component, 2018 - 2028
- 8.2.3 Market estimates and forecast, by end-use, 2018 - 2028
- 8.2.4 U.S.
- 8.2.4.1 Market estimates and forecast, by technology, 2018 - 2028
- 8.2.4.2 Market estimates and forecast, by component, 2018 - 2028
- 8.2.4.3 Market estimates and forecast, by end-use, 2018 - 2028
- 8.2.5 Canada
- 8.2.5.1 Market estimates and forecast, by technology, 2018 - 2028
- 8.2.5.2 Market estimates and forecast, by component, 2018 - 2028
- 8.2.5.3 Market estimates and forecast, by end-use, 2018 - 2028
- 8.3 Europe
- 8.3.1 Market estimates and forecast, by technology, 2018 - 2028
- 8.3.2 Market estimates and forecast, by component, 2018 - 2028
- 8.3.3 Market estimates and forecast, by end-use, 2018 - 2028
- 8.3.4 UK
- 8.3.4.1 Market estimates and forecast, by technology, 2018 - 2028
- 8.3.4.2 Market estimates and forecast, by component, 2018 - 2028
- 8.3.4.3 Market estimates and forecast, by end-use, 2018 - 2028
- 8.3.5 Germany
- 8.3.5.1 Market estimates and forecast, by technology, 2018 - 2028
- 8.3.5.2 Market estimates and forecast, by component, 2018 - 2028
- 8.3.5.3 Market estimates and forecast, by end-use, 2018 - 2028
- 8.3.6 France
- 8.3.6.1 Market estimates and forecast, by technology, 2018 - 2028
- 8.3.6.2 Market estimates and forecast, by component, 2018 - 2028
- 8.3.6.3 Market estimates and forecast, by end-use, 2018 - 2028
- 8.3.7 Italy
- 8.3.7.1 Market estimates and forecast, by technology, 2018 - 2028
- 8.3.7.2 Market estimates and forecast, by component, 2018 - 2028
- 8.3.7.3 Market estimates and forecast, by end-use, 2018 - 2028
- 8.3.8 Spain
- 8.3.8.1 Market estimates and forecast, by technology, 2018 - 2028
- 8.3.8.2 Market estimates and forecast, by component, 2018 - 2028
- 8.3.8.3 Market estimates and forecast, by end-use, 2018 - 2028
- 8.4 Asia Pacific
- 8.4.1 Market estimates and forecast, by technology, 2018 - 2028
- 8.4.2 Market estimates and forecast, by component, 2018 - 2028
- 8.4.3 Market estimates and forecast, by end-use, 2018 - 2028
- 8.4.4 China
- 8.4.4.1 Market estimates and forecast, by technology, 2018 - 2028
- 8.4.4.2 Market estimates and forecast, by component, 2018 - 2028
- 8.4.4.3 Market estimates and forecast, by end-use, 2018 - 2028
- 8.4.5 India
- 8.4.5.1 Market estimates and forecast, by technology, 2018 - 2028
- 8.4.5.2 Market estimates and forecast, by component, 2018 - 2028
- 8.4.5.3 Market estimates and forecast, by end-use, 2018 - 2028
- 8.4.6 Japan
- 8.4.6.1 Market estimates and forecast, by technology, 2018 - 2028
- 8.4.6.2 Market estimates and forecast, by component, 2018 - 2028
- 8.4.6.3 Market estimates and forecast, by end-use, 2018 - 2028
- 8.4.7 Australia
- 8.4.7.1 Market estimates and forecast, by technology, 2018 - 2028
- 8.4.7.2 Market estimates and forecast, by component, 2018 - 2028
- 8.4.7.3 Market estimates and forecast, by end-use, 2018 - 2028
- 8.4.8 Singapore
- 8.4.8.1 Market estimates and forecast, by technology, 2018 - 2028
- 8.4.8.2 Market estimates and forecast, by component, 2018 - 2028
- 8.4.8.3 Market estimates and forecast, by end-use, 2018 - 2028
- 8.5 Latin America
- 8.5.1 Market estimates and forecast, by technology, 2018 - 2028
- 8.5.2 Market estimates and forecast, by component, 2018 - 2028
- 8.5.3 Market estimates and forecast, by end-use, 2018 - 2028
- 8.5.4 Brazil
- 8.5.4.1 Market estimates and forecast, by technology, 2018 - 2028
- 8.5.4.2 Market estimates and forecast, by component, 2018 - 2028
- 8.5.4.3 Market estimates and forecast, by end-use, 2018 - 2028
- 8.5.5 Mexico
- 8.5.5.1 Market estimates and forecast, by technology, 2018 - 2028
- 8.5.5.2 Market estimates and forecast, by component, 2018 - 2028
- 8.5.5.3 Market estimates and forecast, by end-use, 2018 - 2028
- 8.6 MEA
- 8.6.1 Market estimates and forecast, by technology, 2018 - 2028
- 8.6.2 Market estimates and forecast, by component, 2018 - 2028
- 8.6.3 Market estimates and forecast, by end-use, 2018 - 2028
- 8.6.4 Saudi Arabia
- 8.6.4.1 Market estimates and forecast, by technology, 2018 - 2028
- 8.6.4.2 Market estimates and forecast, by component, 2018 - 2028
- 8.6.4.3 Market estimates and forecast, by end-use, 2018 - 2028
- 8.6.5 UAE
- 8.6.5.1 Market estimates and forecast, by technology, 2018 - 2028
- 8.6.5.2 Market estimates and forecast, by component, 2018 - 2028
- 8.6.5.3 Market estimates and forecast, by end-use, 2018 - 2028
- 8.6.6 South Africa
- 8.6.6.1 Market estimates and forecast, by technology, 2018 - 2028
- 8.6.6.2 Market estimates and forecast, by component, 2018 - 2028
- 8.6.6.3 Market estimates and forecast, by end-use, 2018 - 2028
Chapter 9 Company Profiles
- 9.1 Axis Communications AB
- 9.1.1 Business Overview
- 9.1.2 Financial Data
- 9.1.3 Product Landscape
- 9.1.4 Strategic Outlook
- 9.1.5 SWOT Analysis
- 9.2 Countwise
- 9.2.1 Business Overview
- 9.2.2 Financial Data
- 9.2.3 Product Landscape
- 9.2.4 Strategic Outlook
- 9.2.5 SWOT Analysis
- 9.3 DILAX Intelcom GmbH
- 9.3.1 Business Overview
- 9.3.2 Financial Data
- 9.3.3 Product Landscape
- 9.3.4 Strategic Outlook
- 9.3.5 SWOT Analysis
- 9.4 Dor Technologies Inc.
- 9.4.1 Business Overview
- 9.4.2 Financial Data
- 9.4.3 Product Landscape
- 9.4.4 Strategic Outlook
- 9.4.5 SWOT Analysis
- 9.5 Eurotech
- 9.5.1 Business Overview
- 9.5.2 Financial Data
- 9.5.3 Product Landscape
- 9.5.4 Strategic Outlook
- 9.5.5 SWOT Analysis
- 9.6 GIGA-BYTE Technology Co., Ltd.
- 9.6.1 Business Overview
- 9.6.2 Financial Data
- 9.6.3 Product Landscape
- 9.6.4 Strategic Outlook
- 9.6.5 SWOT Analysis
- 9.7 Hangzhou Hikvision Digital Technology Co., Ltd.
- 9.7.1 Business Overview
- 9.7.2 Financial Data
- 9.7.3 Product Landscape
- 9.7.4 Strategic Outlook
- 9.7.5 SWOT Analysis
- 9.8 HELLA Aglaia Mobile Vision GmbH
- 9.8.1 Business Overview
- 9.8.2 Financial Data
- 9.8.3 Product Landscape
- 9.8.4 Strategic Outlook
- 9.8.5 SWOT Analysis
- 9.9 InfraRed Integrated Systems Ltd.
- 9.9.1 Business Overview
- 9.9.2 Financial Data
- 9.9.3 Product Landscape
- 9.9.4 Strategic Outlook
- 9.9.5 SWOT Analysis
- 9.10 Iris-GmbH Infrared & Intelligent Sensors
- 9.10.1 Business Overview
- 9.10.2 Financial Data
- 9.10.3 Product Landscape
- 9.10.4 Strategic Outlook
- 9.10.5 SWOT Analysis
- 9.11 RetailNext, Inc.
- 9.11.1 Business Overview
- 9.11.2 Financial Data
- 9.11.3 Product Landscape
- 9.11.4 Strategic Outlook
- 9.11.5 SWOT Analysis
- 9.12 Sensmax Ltd.
- 9.12.1 Business Overview
- 9.12.2 Financial Data
- 9.12.3 Product Landscape
- 9.12.4 Strategic Outlook
- 9.12.5 SWOT Analysis
- 9.13 Sensource Inc.
- 9.13.1 Business Overview
- 9.13.2 Financial Data
- 9.13.3 Product Landscape
- 9.13.4 Strategic Outlook
- 9.13.5 SWOT Analysis
- 9.14 ShopperTrak
- 9.14.1 Business Overview
- 9.14.2 Financial Data
- 9.14.3 Product Landscape
- 9.14.4 Strategic Outlook
- 9.14.5 SWOT Analysis
- 9.15 Teledyne FLIR LLC
- 9.15.1 Business Overview
- 9.15.2 Financial Data
- 9.15.3 Product Landscape
- 9.15.4 Strategic Outlook
- 9.15.5 SWOT Analysis
- 9.16 Terabee
- 9.16.1 Business Overview
- 9.16.2 Financial Data
- 9.16.3 Product Landscape
- 9.16.4 Strategic Outlook
- 9.16.5 SWOT Analysis
- 9.17 Traf-Sys Inc.
- 9.17.1 Business Overview
- 9.17.2 Financial Data
- 9.17.3 Product Landscape
- 9.17.4 Strategic Outlook
- 9.17.5 SWOT Analysis
- 9.18 V-Count
- 9.18.1 Business Overview
- 9.18.2 Financial Data
- 9.18.3 Product Landscape
- 9.18.4 Strategic Outlook
- 9.18.5 SWOT Analysis
- 9.19 Vivotek Inc.
- 9.19.1 Business Overview
- 9.19.2 Financial Data
- 9.19.3 Product Landscape
- 9.19.4 Strategic Outlook
- 9.19.5 SWOT Analysis
- 9.20 XOVIS AG
- 9.20.1 Business Overview
- 9.20.2 Financial Data
- 9.20.3 Product Landscape
- 9.20.4 Strategic Outlook
- 9.20.5 SWOT Analysis