The people counting system market is poised to record substantial gains given to rising demand for effective crowd management solutions across retail and healthcare. The need to manage customer crowds across shopping malls and hospitals have stirred the demand for people counting systems. Rising number of patients suffering from critical illnesses and the need to count and detect daily patient statistics has led healthcare organizations to implement these systems.
Demand for technologically advanced people counting systems have led to the incorporation of new and modern components that improve system efficiency. Companies operating in the people counting system market are offering a variety of imagining technologies for capturing traffic and customer statistics. PTZ cameras are one such hardware component witnessing high adoption rate owing to its flexibility to capture the view of an entire room or facility. Taking note of this demand, in 2020, key market player, Axis Communications AB launched the AXIS V5925 PTZ network camera for flexible broadcasting and live streaming.
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Universities & colleges as well as office workplaces, to attain efficient attendance marking solutions, are rapidly adopting people counting systems. The product eliminates the tedious manual attendance marking process while helping organizations save time and money. The system can easily be installed in college premises and can automatically count the number of students in a classroom, allowing teachers to keep a track on student’s attendance and arrival time more quickly and precisely.
Furthermore, it effectively eliminates issues like data errors and manual time and attendance proxies. That being said, the product is also used in offices and workplaces to monitor attendance records of employees and to keep a track on their daily working hours, further offering improved transparency and efficiency to businesses and pushing people counting system market trends
The entertainment & hospitality sector is touted to offer incredible growth opportunities to the overall people counting system market. Shopping centers for example, have been widely using this technology, owing to the rising number of customers visiting shopping malls and other retail stores, especially during festive seasons or sales. Using people counter systems, shopping mall operators gain insightful statistics and patterns that can be used to improve management and decision making.
For example, by knowing the number of visitors, malls can estimate the required HVAC parameters, inform food courts of impending customer demands and deploy staff members for cleaning and sanitary maintenance. The product can be used to measure footfall at entrances gates, floors and zones as well as be used to estimate realistic rents for premium locations and retail spaces based on the number of passing by customers. The product also offers data to inform marketing spend, helps with identifying locations to set up marketing advertisements, and offers insights to compare between malls in different locations.
Establishments such as events, clubs, bars, hotels, etc., have also been deploying the product on a large scale on account of the rising influx of the younger generation at these places. The incorporation of these systems across these set-ups helps them with the sales statistics which eventually would aid the analysis of customer sales and more. The robust deployment of the product across such commercial establishments would thus majorly impel people counting system market size from the entertainment & the hospitality sector.
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North America is touted to crop up as a highly vital ground for the expansion of people counting system market, owing to the presence of several system developers and customers in application industries. The proliferation of the region’s retail sector and the adoption of early technical advancements in the U.S. are the major factors driving the regional market growth.
Major Key Points from Table of Content:
Chapter 4 People Counting System Market, By Technology
4.1 Key trends by technology
4.2.1 Market estimates and forecast, 2015 – 2025
4.3 Thermal imaging
4.3.1 Market estimates and forecast, 2015 – 2025
4.4.1 Market estimates and forecast, 2015 – 2025
4.5.1 Market estimates and forecast, 2015 – 2025
Chapter 5 People Counting System Market, By Component
5.1 Key trends by component
5.2.1 Market estimates and forecast, 2015 – 2025
5.2.2 Fixed camera
184.108.40.206 Market estimates and forecast, 2015 – 2025
5.2.3 Fixed dome camera
220.127.116.11 Market estimates and forecast, 2015 – 2025
5.2.4 PTZ camera
18.104.22.168 Market estimates and forecast, 2015 – 2025
5.2.5 Infrared beam
22.214.171.124 Market estimates and forecast, 2015 – 2025
5.3.1 Market estimates and forecast, 2015 – 2025
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