Technology News, Search Engine

Technology News & Search Engine

Technology News and Search Engine - Computers and Software,
Internet, Personal and Enterprise Technogy News. Website Builder.
Press release distribution service
Home | Technology News Search Engine:                                     

Home: Technology News:

People Counting System Market Expected to Reach $2.0 billion by 2028 at a CAGR of 12.9%

(IT-NEWSWIRE.COM, April 21, 2023 ) The global people counting system market size is expected to grow from USD 1.1 billion in 2023 to USD 2.0 billion by 2028, at a CAGR of 12.9%. The growth of the market is attributed to the rising demand for people counting systems from the retailers, transportation hubs, and libraries as well as increasing deployment of the people counters to track marketing effectiveness. However, growing privacy threat owing to the installation of video-based people counters is restraining the market growth.

Download PDF Brochure @

The people counting system market has promising growth potential due to several factors, such as the increasing adoption of people counting systems in workspaces and integration of 4D technology into video-based people counters.

Based on offering, the market is segmented into hardware and software. The real-time traffic measurement is provided to the end users via a combination of hardware and software. The hardware segment holds largest share of people counting system in 2022. Hardware components in the people counting systems plays a major role in its development, and it provides an exact count of visitors, as these components have higher capacity of gathering more accurate data. In the people counting systems, the selection of the hardware depends on the individual need for the space where people are counted. Each hardware component comes with requirements such as mounting location, bandwidth, and power.

Based on type, the market is segregated into unidirectional and bidirectional people counters. Unidirectional people counting systems are also known as single-lens horizontal systems, whereas bidirectional counting systems are termed overhead ceiling-mounted people counting systems. The bidirectional segment held a major share of the people counting system market in 2022. People counting systems with bidirectional capability are used for the hourly count; thus, retail stores and transportation hubs have greater adoption of the bidirectional people counting systems as their visitors have the lowest dwell time.

Based on technology, the market is segregated into infrared beam, thermal imaging, video based, and others. The video based technology dominated the people counting system market in 2022 and is expected to remain the same during the forecast period. Video-based people counting systems include multiple lens devices and can be categorized as 2D, 3D, and 4D. The overhead bidirectional people counting systems use video technology to count people. Video-based people counting systems offer high accuracy during high-volume and slow-moving traffic and hence are thus adopted by various end users.

Based on end user, the people counting system market is segregated into retail, transportation, corporate, hospitality, banking, healthcare, sports and entertainment, and others. These end users use people counting systems for counting the number of people and make critical business decisions based on the footfall count, sales conversion rate, walk-in rate, staff-to-visitor ratio, etc. Retail stores, supermarkets, and shopping malls are the largest adopters of people counting systems. Supermarkets and shopping malls highly rely on visitor count and sales conversion rate to make business decisions and measure business growth. These traffic counters accurately track the visitor’s statistics and combine them with the financial data from cash registers, which helps determine the number of goods purchased per visitor and revenue generated per visitor. Thus, retail segment holds the largest share of market in 2022.

The people counting system market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World. In 2022, North America held the largest share of the people counting system market, with only the US capturing more than 70% of the overall market. The region comprises technologically advanced retail stores, shopping malls, supermarkets, stadiums, banks, and other sectors; due to which the increased need for the adoption of people counting systems is being observed in the region. On the other hand, the growth of the market in the US is being driven by the increasing use of people counting systems in the retail and transportation sectors. Besides, the country is the early adopter of the newest technologies, such as in-store analytics and staff optimization, which is also responsible for the growth of the market in the country.

News Also Covered:

Related Reports:

Video Surveillance Market by Offering (Hardware (Camera, Storage Device, Monitor), Software (Video Analytics, VMS), Service (VSaaS)), System (IP, Analog, Hybrid), Vertical and Geography (North America, Europe, APAC, RoW) - Global Forecast to 2027

Automated Passenger Counting and Information System Market by Type (APC Systems and PIS), APC System Market, by Technology (IR, ToF, Stereoscopic Vision), PIS Market by Type (Display Systems, Infotainment Systems), Application (2022-2027)

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.


Mr. Aashish Mehra


Source: EmailWire.Com


Sponsored Links

EmailWire Business Directory
EmailWire Business Directory about Legal, Stocks, Investment, Markets, Stocks

Submit website to Business Directory

Listen to GroupWeb Radio

Technology News Headlines
  • Computer Security
  • Digital Music
  • Digital Video/TV
  • Enterprise
  • Linux/Open Source
  • Microsoft
  • Mobil Phones
  • Internet
  • Personal Technology
  • Portals & Search Engines
  • RSS and Blogging
  • Software
  • Technology News
  • GroupWeb Market Place
    Website Builder - Blog Builder
    Build your website in 5 minutes. One month free. No setup fee! Blog Included.

    Your text Ads here!
    Ads are only $50 per month.Please contac us and state ou want to place advertisement on

    Technology Business Video Feed

    More Technology Video Feeds
  • Computers
  • Computers & Software
  • Home Theater
  • Personal Technology
  • TechBiz
  • TechBytes
  • Technology Publications

    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    Search Engine Optimization for E-commerce Sites: The Seven Most Common Pitfalls
    Website Magazine
    Business Activity Monitoring: Smart Decisions with Real-time Visibility

    No credit cards, coupons, or promo codes required. Try it today!

    Press release distribution service

    :: Home: :: Submit Press Release :: Subscribe to News :: Contact Us :: Help

    For unlimited press release distribution for $59 per month, call (281) 645-4086 or start posting your press releases online at
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net - a Technology News and Resource of GroupWeb Media LLC