Global people counting system market to reach $2.0 billion by 2028

From GlobeNewswire:

The global people counting system market is projected to grow from USD 1.1 billion in 2023 to USD 2.0 billion by 2028, with a CAGR of 12.9%. Key players include Axis Communications AB, iris-GmbH, VIVOTEK Inc., RETAILNEXT, INC., and Hangzhou Hikvision Digital Technology Co., Ltd. Retailers are increasingly adopting people counting systems to track marketing effectiveness, though privacy concerns arise from video-based counters. There lies an opportunity in the growing utilization of people counting systems in workspaces. Hindered by differential store metrics, video-based counters remain popular for their accuracy. Companies like Axis Communication AB, iris-GmbH, and VIVOTEK Inc. lead in the market, offering innovative technologies and solutions.



Read more at GlobeNewswire: People Counting System Companies – Axis Communications AB