People Counting System Market Size to Grow by USD 675.4 million, Recent Developments to Boost Market Growth - Technavio

NEW YORK, Sept. 13, 2022 /PRNewswire/ -- The "People Counting System Market by Type (bidirectional and unidirectional), Product (hardware and software), Technology (video-based technology, infrared beam, thermal imaging, and others), and Geography (North America, APAC, Europe, Middle East and Africa, and South America) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. The potential growth difference for the people counting system market between 2021 and 2026 is USD 675.4 mn. To get the exact CAGR and the Y-O-Y growth rate, Request a FREE PDF Sample Report

Key Market Dynamics

• Market Driver: The recent developments are driving the global people counting system market share growth. These new developments will encourage end-users to purchase new and advanced people counting systems. Moreover, the rising number of new launches increases the competition among vendors in the market, which, in turn, will result in innovation and differentiation. Such factors are expected to propel the growth of the global people system market during the forecast period.
• Market Challenge: The differential store metrics limiting the effectiveness of video-based counters will be a major challenge for the global people counting system market share growth during the forecast period. Differential storage metrics have limited the efficiency of video-based systems in regions with shadows, complicated backdrops, or fluctuating light levels. This affects the accuracy of video-based counters. Furthermore, these counters require Wi-Fi for data transfer, which can be difficult in less-accessible regions. Such factors are expected to hinder the growth of the global people counting system market during the forecast period.

Technavio offers key drivers, trends, and challenges that will impact the growth of the market. Read our FREE PDF Sample Report right now!

Market Segmentation

The people counting system market report is segmented by type (bidirectional and unidirectional), product (hardware and software), technology (video-based technology, infrared beam, thermal imaging, and others), and geography (North America, APAC, Europe, Middle East and Africa, and South America). North America will be the leading region with 34% of the market's growth during the forecast period. The US and Canada are the key countries for the people counting system market in North America.

View our FREE PDF sample report for additional insights into the contribution of all the segments, and regional opportunities in the report.

Vendor Landscape

The people counting system market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. The market includes a small number of global players and a considerable number of small-scale vendors regionally. Players in the market are focusing on integrating a variety of technologies to attract customers. Prominent players are implementing single and dual bands in their people counting systems. Innovations by key vendors will lead to product development and drive the growth of the market.

Some Companies Mentioned

• Axiomatic Technology Ltd.
• Axis Communications AB
• DILAX Intelcom GmbH
• Dor Technologies Inc.
• EUROTECH Spa
• FootfallCam
• Gigabyte Technology Co. Ltd.
• Hangzhou Hikvision Digital Technology Co. Ltd.
• HELLA Aglaia Mobile Vision GmbH
• InfraRed Integrated Systems Ltd.
• iris intelligent sensing NA Inc.
• Johnson Controls International Plc
• Koninklijke Philips NV
• RetailNext Inc.
• Robert Bosch GmbH
• Sensmax Ltd.
• Sensource Inc.
• Teledyne Technologies Inc.
• Traf Sys Inc.
• VCount Inc.
• VIVOTEK Inc

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Key Topics Covered

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product Type
• Exhibit 07: Executive Summary – Chart on Market Segmentation by Technology
• Exhibit 08: Executive Summary – Chart on Incremental Growth
• Exhibit 09: Executive Summary – Data Table on Incremental Growth
• Exhibit 10: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 11: Parent market
• Exhibit 12: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 13: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 14: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 15: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 16: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 17: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 18: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 19: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 20: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 21: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 22: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 23: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 24: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 25: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments
• Exhibit 26: Chart on Type - Market share 2021-2026 (%)
• Exhibit 27: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type
• Exhibit 28: Chart on Comparison by Type
• Exhibit 29: Data Table on Comparison by Type

• 5.3 Bidirectional - Market size and forecast 2021-2026
• Exhibit 30: Chart on Bidirectional - Market size and forecast 2021-2026 ($ million)
• Exhibit 31: Data Table on Bidirectional - Market size and forecast 2021-2026 ($ million)
• Exhibit 32: Chart on Bidirectional - Year-over-year growth 2021-2026 (%)
• Exhibit 33: Data Table on Bidirectional - Year-over-year growth 2021-2026 (%)

• 5.4 Unidirectional - Market size and forecast 2021-2026
• Exhibit 34: Chart on Unidirectional - Market size and forecast 2021-2026 ($ million)
• Exhibit 35: Data Table on Unidirectional - Market size and forecast 2021-2026 ($ million)
• Exhibit 36: Chart on Unidirectional - Year-over-year growth 2021-2026 (%)
• Exhibit 37: Data Table on Unidirectional - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Type
• Exhibit 38: Market opportunity by Type ($ million)

6 Market Segmentation by Product Type

• 6.1 Market segments
• Exhibit 39: Chart on Product Type - Market share 2021-2026 (%)
• Exhibit 40: Data Table on Product Type - Market share 2021-2026 (%)

• 6.2 Comparison by Product Type
• Exhibit 41: Chart on Comparison by Product Type
• Exhibit 42: Data Table on Comparison by Product Type

• 6.3 Hardware - Market size and forecast 2021-2026
• Exhibit 43: Chart on Hardware - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Data Table on Hardware - Market size and forecast 2021-2026 ($ million)
• Exhibit 45: Chart on Hardware - Year-over-year growth 2021-2026 (%)
• Exhibit 46: Data Table on Hardware - Year-over-year growth 2021-2026 (%)

• 6.4 Software - Market size and forecast 2021-2026
• Exhibit 47: Chart on Software - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Data Table on Software - Market size and forecast 2021-2026 ($ million)
• Exhibit 49: Chart on Software - Year-over-year growth 2021-2026 (%)
• Exhibit 50: Data Table on Software - Year-over-year growth 2021-2026 (%)

• 6.5 Market opportunity by Product Type
• Exhibit 51: Market opportunity by Product Type ($ million)

7 Market Segmentation by Technology

• 7.1 Market segments
• Exhibit 52: Chart on Technology - Market share 2021-2026 (%)
• Exhibit 53: Data Table on Technology - Market share 2021-2026 (%)

• 7.2 Comparison by Technology
• Exhibit 54: Chart on Comparison by Technology
• Exhibit 55: Data Table on Comparison by Technology

• 7.3 Video-based technology - Market size and forecast 2021-2026
• Exhibit 56: Chart on Video-based technology - Market size and forecast 2021-2026 ($ million)
• Exhibit 57: Data Table on Video-based technology - Market size and forecast 2021-2026 ($ million)
• Exhibit 58: Chart on Video-based technology - Year-over-year growth 2021-2026 (%)
• Exhibit 59: Data Table on Video-based technology - Year-over-year growth 2021-2026 (%)

• 7.4 Infrared beam - Market size and forecast 2021-2026
• Exhibit 60: Chart on Infrared beam - Market size and forecast 2021-2026 ($ million)
• Exhibit 61: Data Table on Infrared beam - Market size and forecast 2021-2026 ($ million)
• Exhibit 62: Chart on Infrared beam - Year-over-year growth 2021-2026 (%)
• Exhibit 63: Data Table on Infrared beam - Year-over-year growth 2021-2026 (%)

• 7.5 Thermal imaging - Market size and forecast 2021-2026
• Exhibit 64: Chart on Thermal imaging - Market size and forecast 2021-2026 ($ million)
• Exhibit 65: Data Table on Thermal imaging - Market size and forecast 2021-2026 ($ million)
• Exhibit 66: Chart on Thermal imaging - Year-over-year growth 2021-2026 (%)
• Exhibit 67: Data Table on Thermal imaging - Year-over-year growth 2021-2026 (%)

• 7.6 Others - Market size and forecast 2021-2026
• Exhibit 68: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 69: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 70: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 71: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 7.7 Market opportunity by Technology
• Exhibit 72: Market opportunity by Technology ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview
• Exhibit 73: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation
• Exhibit 74: Chart on Market share by geography 2021-2026 (%)
• Exhibit 75: Data Table on Market share by geography 2021-2026 (%)

• 9.2 Geographic comparison
• Exhibit 76: Chart on Geographic comparison
• Exhibit 77: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2021-2026
• Exhibit 78: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 9.4 APAC - Market size and forecast 2021-2026
• Exhibit 82: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 9.5 Europe - Market size and forecast 2021-2026
• Exhibit 86: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 87: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 88: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 9.6 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 90: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 91: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 92: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 93: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 9.7 South America - Market size and forecast 2021-2026
• Exhibit 94: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 95: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 96: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 97: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 9.8 US - Market size and forecast 2021-2026
• Exhibit 98: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 99: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 100: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 101: Data Table on US - Year-over-year growth 2021-2026 (%)

• 9.9 China - Market size and forecast 2021-2026
• Exhibit 102: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 103: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 104: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 105: Data Table on China - Year-over-year growth 2021-2026 (%)

• 9.10 Germany - Market size and forecast 2021-2026
• Exhibit 106: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 107: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 108: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 109: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 9.11 Japan - Market size and forecast 2021-2026
• Exhibit 110: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 111: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 112: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 113: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 9.12 Canada - Market size and forecast 2021-2026
• Exhibit 114: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 115: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 116: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 117: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 9.13 Market opportunity by geography
• Exhibit 118: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges
• Exhibit 119: Impact of drivers and challenges in 2021 and 2026

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 120: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 121: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 122: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 123: Vendors covered

• 12.2 Market positioning of vendors
• Exhibit 124: Matrix on vendor position and classification

• 12.3 Axis Communications AB
• Exhibit 125: Axis Communications AB - Overview
• Exhibit 126: Axis Communications AB - Product / Service
• Exhibit 127: Axis Communications AB - Key news
• Exhibit 128: Axis Communications AB - Key offerings

• 12.4 Gigabyte Technology Co. Ltd.
• Exhibit 129: Gigabyte Technology Co. Ltd. - Overview
• Exhibit 130: Gigabyte Technology Co. Ltd. - Product / Service
• Exhibit 131: Gigabyte Technology Co. Ltd. - Key offerings

• 12.5 Hangzhou Hikvision Digital Technology Co. Ltd.
• Exhibit 132: Hangzhou Hikvision Digital Technology Co. Ltd. - Overview
• Exhibit 133: Hangzhou Hikvision Digital Technology Co. Ltd. - Product / Service
• Exhibit 134: Hangzhou Hikvision Digital Technology Co. Ltd. - Key offerings

• 12.6 HELLA Aglaia Mobile Vision GmbH
• Exhibit 135: HELLA Aglaia Mobile Vision GmbH - Overview
• Exhibit 136: HELLA Aglaia Mobile Vision GmbH - Product / Service
• Exhibit 137: HELLA Aglaia Mobile Vision GmbH - Key offerings

• 12.7 Johnson Controls International Plc
• Exhibit 138: Johnson Controls International Plc - Overview
• Exhibit 139: Johnson Controls International Plc - Business segments
• Exhibit 140: Johnson Controls International Plc - Key news
• Exhibit 141: Johnson Controls International Plc - Key offerings
• Exhibit 142: Johnson Controls International Plc - Segment focus

• 12.8 Koninklijke Philips NV
• Exhibit 143: Koninklijke Philips NV - Overview
• Exhibit 144: Koninklijke Philips NV - Business segments
• Exhibit 145: Koninklijke Philips NV - Key news
• Exhibit 146: Koninklijke Philips NV - Key offerings
• Exhibit 147: Koninklijke Philips NV - Segment focus

• 12.9 RetailNext Inc.
• Exhibit 148: RetailNext Inc. - Overview
• Exhibit 149: RetailNext Inc. - Product / Service
• Exhibit 150: RetailNext Inc. - Key offerings

• 12.10 Robert Bosch GmbH
• Exhibit 151: Robert Bosch GmbH - Overview
• Exhibit 152: Robert Bosch GmbH - Business segments
• Exhibit 153: Robert Bosch GmbH - Key news
• Exhibit 154: Robert Bosch GmbH - Key offerings
• Exhibit 155: Robert Bosch GmbH - Segment focus

• 12.11 Teledyne Technologies Inc.
• Exhibit 156: Teledyne Technologies Inc. - Overview
• Exhibit 157: Teledyne Technologies Inc. - Business segments
• Exhibit 158: Teledyne Technologies Inc. - Key news
• Exhibit 159: Teledyne Technologies Inc. - Key offerings
• Exhibit 160: Teledyne Technologies Inc. - Segment focus

• 12.12 VCount Inc.
• Exhibit 161: VCount Inc. - Overview
• Exhibit 162: VCount Inc. - Product / Service
• Exhibit 163: VCount Inc. - Key offerings

13 Appendix

About Us

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist
• Exhibit 164: Inclusions checklist
• Exhibit 165: Exclusions checklist

• 13.3 Currency conversion rates for US$
• Exhibit 166: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 167: Research methodology
• Exhibit 168: Validation techniques employed for market sizing
• Exhibit 169: Information sources

• 13.5 List of abbreviations
• Exhibit 170: List of abbreviations

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