Video-based People Counting System Market Trends, and Forecast, 2020 - 2030

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Will Video­based People Counting System Market carry its growth momentum post COVID­19? Read more to know By ajinkya

January 27, 2022

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Video-based People Counting System Market –

Video-based people counting systems are majorly used for realtime people traffic measurement by using a combined system of software and hardware sensors. The real-time data about traffic helps in people management and provides security as per human traffic in specific areas and sections.

Growing technological advancement in the retail sector drives the adoption of people counting systems to manage the customer flow and help understand growth and variation in customer traffic.

Several video-based people counting system providers are offering 2D and 3D video-based people counting solutions for different industries. Demand for people counting systems is seeing an increase in travel and transportation sectors to improve passenger management systems.

The system is majorly used in railway stations, airports, and bus stations to provide security and enhance the real-time monitoring of passengers. Corporate offices and banks are also using video-based people counting systems to manage records of outside visitors and employees for safety purposes.

Key Drivers of the Video-based People Counting System Market Growing demand for advanced people counting solutions from the entertainment and hospitality sector is expected to drive the growth of the market. Increasing investment by different governments for smart cities and rising demand for video-based people counting solutions in transportation sectors is also expected to boost the growth of the video-based people counting system market.

Increasing adoption of advanced people counting solutions among retail, hospitality, and healthcare sectors is expected to create better business and revenue opportunities for solution providers of videobased people counting systems.

Get sample copy at: https://www.transparencymarketresearch.com/sample/sample. php?flag=S&rep_id=78647 Increasing privacy concerns and poor services of Wi-Fi and Bluetooth-based systems expected to hinder the market Advancement in video-based people counting systems is beneficial for supermarkets, offices, and public spaces; however, it also creates security threats which restrains the growth of the market.

Several system providers are offering Wi-Fi and Bluetooth connectivity-based solutions that fail to meet the expectation of the user in terms of accuracy and system connectivity. This is expected to hamper the growth of the market.

Impact of COVID-19 on the Global Video-based People Counting System Market Companies are using video-based people counting systems to manage the people count in offices as per new government rules in different countries. Many companies are adopting the advanced people counting solutions to maintain the records of employees and provide safety during the COVID-19 situation.

Demand for video-based people counting systems is increasing during the COVID-19 lockdown situation due to the increasing dependence of companies on advanced digital people counting solutions.

North America to Hold Major Share of the Global Video-based People Counting System Market North America holds a prominent share of the video-based people counting system market due to the presence of technologically advanced retail shops, supermarkets, shopping malls, banks, etc. and also the large airports that require advanced solutions in people

also the large airports that require advanced solutions in people counting or passenger management.

The video-based people counting system market in Asia Pacific is expected to expand the fastest during the forecast period due to increasing investment by major players to provide the solution across the region and also due to the increasing adoption of advanced people counting solutions in commercial offices and banking sectors.

Key Players Operating in the Global Video-based People Counting System Market Axis Communications AB Axis Communications AB was founded in 1984 and based in Sweden.

The company is a global provider of video surveillance and physical security solutions. The company offers a wide range of products and solutions in network cameras, video management software, access control, and other security-related products.

V-Count Inc. V-Count Inc. was founded in 2006 and is a global provider of visitor tracking and analytics technological solutions. The company operates business activities in 80 countries by providing services to more than 400 clients. V-Count Inc. offers solutions in people counting, heat map, queue management, and business intelligence platforms.

Other key players operating in the global video-based people counting system market includes DILAX Intelcom GmbH, FLIR Systems, Inc., XOVIS AG, RetailNext, Inc., and IEE S.A. Global Video-based People Counting System Market: Research Scope

Global Video-based People Counting System Market, by Component Hardware Fixed Camera PTZ Camera Others (Accessories, Sensors) Software Services Professional Services Managed Services Global Video-based People Counting System Market, by Enterprise Size Small & Medium Enterprises Large Enterprises Global Video-based People Counting System Market, by Industry BFSI IT & Telecom Manufacturing & Automobile Sports & Entertainment Hospitality Healthcare Others This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or

customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Purchase our Premium Research Report at: https://www.transparencymarketresearch.com/checkout.php? rep_id=78647&ltype=S Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements: Customer Experience Maps Insights and Tools based on data-driven research Actionable Results to meet all the business priorities Strategic Frameworks to boost the growth journey The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively: North America Asia Pacific Europe Latin America The Middle East and Africa About Us TMR has a track record to provide ace market research solutions that has earned us the trust of our clients for their business intelligence needs. Serving 13 industry verticals with a database of over 1,000

reports and 1 million + data points, our expanse to provide market research solutions is exceptional. We deep dive for a thorough understanding of the subject, gather precise information, and then analyze it to present solutions that are par excellence.

Contact: 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 Email: sales@transparencymarketresearch.com Website: https://www.transparencymarketresearch.com

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