Research and Markets has announced the addition of the "People Counting System Market - Global Forecast to 2022" report to their offering.

The people counting system market was valued at 491.7 million in 2015 and is expected to reach USD 1,637.4 million by 2022, growing at a CAGR of 18.9% between 2016 and 2022.

The growing retail sector and the increased adoption rate of people counting technologies, availability of low-cost and easy set-up solutions, and the growing need for people counting solutions in transportation sector are some of the factors driving the growth of the people counting system market. However, the booming e-commerce industry and the increasing online sales channels restrain the growth of the market.

Video-based technology offers the best way of ensuring accurate footfall and queue counting in locations such as retail stores, train stations, or airports where there are dense crowds and slow-moving traffic. It can differentiate between people and objects to count with high accuracy. This technology is ideal for small to large retailers and malls operators who require the highest accuracy, reliability, and count validation.

The market in Asia-Pacific includes countries such as China, Japan, India, Australia, Singapore, Malaysia, Thailand, and so on. Healthy economic growth, changing demographic profile, increasing disposable incomes, growing urbanization, and changing consumer tastes and preferences are some of the driving factors for the growth of the retail stores, resulting in increased demand for people counter systems.

Companies Mentioned:

  • Axiomatic Technology Limited
  • Axis Communication AB
  • Countwise LLC
  • Dilax Intelcom GmbH
  • Eurotech S.P.A.
  • Hella Aglaia Mobile Vision GmbH
  • IEE S.A.
  • IRIS-GmbH
  • Infrared Integrated Systems Ltd. (IRISys)
  • Point Grey Research, Inc.
  • Retailnext, Inc.
  • Shoppertrak
  • V-Count
  • Xovis AG

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Market, By Technology

8 Market, By Application

9 Geographic Analysis

10 Competitive Landscape

11 Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/3lk29n/people_counting