October 26, 2021 09:55 US Eastern Time | Source: ReportLinker ReportLinker

New York, October 26, 2021 (GLOBE NEWSWIRE) - Reportlinker.com announced the release of the report "By component, by type, by technology, by end user, by region outlook, industry analysis report and forecast, 2021-2027"-https ://www.reportlinker.com/p06177775/?utm_source=GNW For example, the number of people through a specific method or entrance. It is used for passenger flow analysis and queue management in multiple applications, such as supermarkets, retailers, physical stores, and transportation hubs. According to the budget and requirements of the store, there are several types of people counters on the market, such as thermal imaging systems, WIFI trackers, infrared beams, simple manual clickers, and video counters. At present, many new technologies, such as thermal sensing, infrared beams, video, etc., have been integrated into the people counting system. In order to understand customer behavior and preferences in the hotel, retail, and entertainment industries, people’s awareness of retail analytics continues to increase, which is expected to open up new growth avenues for the global people counting system market. In addition, due to the development of the retail industry and the increasing acceptance of digital technology, retailers have to deploy complex staff counters. In addition, the widespread adoption of automated systems in various industries is helping people counting systems gain high popularity in transportation and retail applications. Many market vendors are launching 2D and 3D video integrated counting systems, which can provide accurate traffic measurement results due to the installation of cameras and stereo vision cameras. Therefore, these factors may promote the growth of the people counting system market during the forecast period. COVID-19 Impact Analysis Governments around the world have implemented strict lockdown restrictions, including stay-at-home orders that prohibit individuals from going out. Due to the small number of people who do not have or pass through any passages or entrances, the demand for the people counting system is drastically reduced. Due to the outbreak of the COVID-19 pandemic, the global people counting system market has been adversely affected, so the demand and adoption rate of the global people counting system has declined. Affected by this, the development of the global population statistics market will decline in the first half of 2020. This trend has been maintained until the first quarter of 2021. In addition, as the demand and deployment of the people counting system will increase again to the second or third quarter of 2021, the increase in output and demand for occupancy rate monitoring, customer behavior analysis and identification, and in-store visitor traffic will increase. Market growth factors: Market growth will be due to the adoption of video-based 4D technology for people counting in various end-user vertical industries, such as hotel, retail, healthcare, and transportation, which have already deployed a large number of 2D and 3D people counting systems. The 2D people counting system refers to a video-based monocular single-lens device, suitable for low traffic and high-brightness environments. In addition, the accuracy of these people counting systems is as high as 95%. Promoting energy conservation By understanding the occupancy level and traffic patterns of each space, energy consumption can be saved. The owner may wish to lower the temperature in a place where the capacity is full to improve the comfort of the occupants. For this reason, the people counting system plays a vital role in calculating the number of people in a place. In addition, these systems can also use this data to maximize space when it is unoccupied; to help reduce energy costs and improve sustainability. Market constraints: Due to the vigorous development of the e-commerce industry, the global market is expected to be hindered by the emergence of several online shopping portals and the booming development of the e-commerce industry is expected to hinder the growth of the global population statistics system market. According to data from the United Nations Conference on Trade and Development (UNCTAD), the world's 13 leading B2C e-commerce companies will have sales of approximately US$2.9 trillion in 2020. B2C e-commerce sales only involve transactions between end users and online retailers. Component outlook Based on components, the market is divided into hardware and software. Organizations have been investing heavily in the development of advanced technologies that can operate in various environments without affecting the effectiveness of the people counting system. Type Outlook According to the type, the market is divided into two-way and one-way. The system has achieved a high reputation in various industries; however, a large number of people counting systems may be deployed in retail and commercial spaces. In addition, the number of shopping malls, supermarkets, and retail stores worldwide has surged, driving the deployment of people counting systems. Technology Outlook is based on technology, and the market is divided into thermal imaging, infrared beams, video-based technologies and others. During the forecast period, the video-based people counter segment will show promising growth rates. Factors such as increased demand for accuracy, because this technology can provide highly accurate visitor counts compared to other traditional technologies. These systems show up to 96% accuracy in both directions; they can be connected with advanced analysis systems to help end users perform in-store analysis, queue management, stay time measurement, etc. End-user outlook According to end-users, the market is segmented into retail stores, supermarkets and shopping centers, transportation, healthcare and pharmaceuticals, enterprises, sports, BFSI, hotels, etc. Retailers can obtain various advantages from the people counting system by obtaining key performance indicators (KPIs) that show their current business prospects. In addition, the major players in the market have reached agreements with a number of retail stores, supermarkets and shopping malls to continuously upgrade their product supply and complete transactions to increase customer retention by deploying a people counting system. Regional Outlook According to the region, the market is segmented into North America, Europe, Asia Pacific, and Latin America, the Middle East, and Africa. North America becomes the dominant region in the people counting system market in 2020. Even during the forecast period, the region may show a similar status. The existence of technologically advanced retail stores and shopping centers, amusement parks, stadiums and banks is the reason for the growth of the regional market. In addition, due to the existence of a large number of airports that require visitor counting and monitoring solutions, the growth of the regional market will have bright prospects. The market research report covers the analysis of the main stakeholders in the market. The major companies introduced in the report include Vivotek, Inc., Eurotech Group PLC, HELLA GmbH & Co. KGaA, V-Count, Inc., FootfallCam, Traf-Sys, Inc., IEE SA (Aerospace High Technology), Infodev Electronic The latest strategy deployed by Designers International, Inc., Sensormatic Electronics Corporation (Johnson Controls) and RetailNext Inc. in the people counting system market partnership, cooperation and agreement: September 2021: Vivotek cooperates with Thailand's new MRT red line. In this cooperation, Thailand's SBS Transit Red Line uses smart surveillance cameras to enhance its security system. VIVOTEK's MD8563-EH is a compact 2 megapixel network camera with a vandal-proof IK10 metal housing, suitable for transportation applications, including buses and trains. May 2021: Sensormatic, a subsidiary of Johnson Controls, expands its partnership with retail technology and marketing company VSBLTY Groupe Technologies. This extension aims to provide two new products, namely. Shopper demographics and shopper pageviews. These products will enable retailers to increase consumer engagement during the purchase process and determine the demographic information that facilitates these purchasing decisions. In addition, this partnership will provide Sensormatic Solutions and retailers with new insights to make smart business decisions. April 2021: RetailNext established a partnership with Raydiant, a provider of cloud-based digital signage technology for retail businesses and restaurants. Due to restricted occupancy needs throughout the pandemic, retailers were forced to use personnel to manually monitor occupancy in stores. Under this partnership, the two companies will reduce this requirement by automating this process and displaying current occupancy rates on live screens, freeing up employees, and simplifying the customer experience. March 2021: Vivotek establishes a partnership with Soyal Technology, one of Taiwan's most prestigious leading access control manufacturers. Under this cooperation, Vivotel has launched an integrated access control and IP surveillance solution, which can be deployed in multiple fields at the same time, thereby setting a significantly superior security level in a smarter way. Through facial recognition and video tagging, the latest solution can accurately identify people entering and exiting, and finally monitor the whereabouts of visitors after entering. February 2021: RetailNext established a partnership with Watcom Group, Russia's largest store analytics provider. By leveraging the RetailNext platform, Watcom Group will be able to provide the most advanced, easy-to-manage and cost-effective ingress traffic/football analysis as well as the complex analysis required to maximize in-store marketing, operations, and sales. January 2021: RetailNext establishes a partnership with Meiyume, a provider of digital signage, consumer demographic analysis, display traffic analysis, and product interaction tracking solutions. The partnership aims to improve Meiyumei’s capabilities. By using RetailNext hardware and artificial intelligence software, Meiyumei will help its customers monitor the complete path of each customer in the store, the parts of the product they visit, etc., and help make excellent visual marketing and store planning decisions. In addition, the partnership will demonstrate RetailNext’s strong foothold in the beauty field and create new opportunities in other categories and regions. October 2020: RetailNext has established partnerships with BrightSign, ConcretePlatform, Crave Retail, Creative Realities, Gaiadigits, MishiPay, Purple Wifi, Qudini, Radius8, StoreForce, Waitwhile and Visionect. The partnership will allow RetailNext customers to use their in-store data to improve more solutions that are tailored to their requirements in operations, marketing and consumer engagement. May 2020: V-Count cooperates with the chain health and fitness club Jersey Strong. Through this cooperation, Jersey Strong installed the V-Count real-time check-in solution VCare in its 12 gyms in New Jersey, USA. In addition, this collaboration will help Jersey Strong closely monitor the number of people in the fitness center to comply with state occupancy regulations. Product launch and product expansion: August 2021: Johnson Controls launched its ultra-modern high-performance Tyco Illustra Pro PTZ camera. These cameras include artificial intelligence integrated edge analysis that can identify and classify objects, such as people, buses, bicycles, cars and motorcycles, buses, cars, and motorcycles, as well as intelligent guardian automatic tracking functions based on face or person detection. February 2021: FootfallCam launched FootfallCam 3D Mini, which is a staff counter developed specifically for smart toilets. FootfallCam 3D Mini replaces traditional planned bathroom maintenance with more focused demand-based services, which will enable companies to manage their facilities in a better way. December 2020: V-Count launched its latest ultra-modern people counting/tracking sensor Ultima AI. The integrated approach of this product combines all major solutions for people counting, gender and age recognition, queue management, area statistics and heat maps, and real-time occupancy rate, making it the world's thinnest people counting sensor with ultra-modern functions and simplicity installation. October 2020: Vivotek launched the iNSIGHT series of fixed dome cameras FD9392-EHTV-O and AI-box IE9111-O. The iNSIGHT series shows higher value and better understanding, and represents the future of deploying an open platform method in physical surveillance products, allowing software application developers, system integrators and users to jointly develop an open, effective and intelligent video era . Business expansion: June 2020: RetailNext expands its business by creating the non-profit company ShopSafe. ShopSafe aims to reopen U.S. retail businesses through infrastructure, providing shoppers with real-time occupancy data to gain a high level of understanding of precautionary measures that have been taken. The scope of the research market segment covered in the report: By component • Hardware • Software by type • Two-way • One-way technology • Thermal imaging • Infrared beam • Video-based technology • Others by end user • Retail stores, supermarkets and shopping malls • Transportation • Healthcare and pharmaceuticals • Corporates • Sports • BFSI • Hotels • Others by geographic area • North America o United States o Canada o Mexico o Rest of North America • Europe o Germany o United Kingdom o France o Russia o Spain o Italy o Europe Other regions • Asia Pacific o China o Japan o India o Korea o Singapore o Malaysia o Rest of Asia Pacific • LAMEA o Brazil o Argentina o United Arab Emirates o Saudi Arabia o South Africa o Nigeria o Other LAMEA company profiles • Vivotek, Inc. • Eurotech Group PLC • HELLA GmbH & Co. KGaA • V-Count, Inc. • FootfallCam • Traf-Sys, Inc. • IEE SA (Aerospace High Technology) • Infodev Electronic Designers International, Inc. • Sensormatic Electronics Corporation (Johnson Controls) • RetailNext Inc. United Nations unique products• Detailed coverage• The most market tables and figures• Provide subscription-based models• Guarantee the best price• Guaranteed after-sales research support, 10% free customization Read the full report: https:// www.reportlinker.com/p06177775/ ?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so that you can get all the market research you need instantly in one place. __________________________