People Counting System Market to Grow at 14.01% CAGR, Expects MRFR in Its Topical Research Study Available at MarketPublishers.com11 Jul 2017 • by Natalie Aster
LONDON – The global market for people counting systems is predicted to witness tremendous growth during 2017-2022, registering a CAGR of appr. 14.01%. By 2022, the market size will likely exceed USD 1.13 billion.
Amid all regional markets for people counting systems the leading position belongs to North America. The North American people counting system market is set to continue dominating the market in terms of size through 2022. Meantime, the highest CAGR is expected to be registered in the APAC market.
Basing on types, the bidirectional type sector captures the major share of the people counting system market; this sector is predicted to grow at a CAGR of nearly 16% through 2022.
Basing on applications, the retail sector accounts for the biggest chunk of the market, and is forecast to grow at around 18% CAGR over 2017-2022.
The most prominent companies active in the people counting system market include ShopperTrak, Iris GmbH, Axis Communication AB, Eurotech SpA, RetailNext, HELLA Aglaia Mobile Vision GmbH and InfraRed Integrated Systems, amid others.
The insightful topical report “Global People Counting System Market– Trends & Forecast, 2016-2022” prepared by Market Research Future (MRFR) is a trustworthy source of updated data on the market performance at different geographical levels. It describes the actual scenario, highlights the historical background, explores the major market segments, covers the market dynamics and outlines future growth prospects and threats. Besides, this research study identifies and discusses the major factors shaping the people counting system market, canvasses the prevailing and emerging trends, scrutinizes the competitive landscape and gives info on the leading companies in the field. In addition, reliable statistics and forecasts through 2022 are at hand in the topical report.
Visit the MRFR catalogue at MarketPublishers.com to find many other topical research studies prepared by this publisher.