QYR Market Research Global People Counting System market research | Page 4
QYResearch
• The people counting system market is expected to be worth USD
1533.30 Million by 2022, at a CAGR of 18 % between 2016 and 2022.
The growth of this market is propelled by the growing retail sector and
increase in adoption rate of people counting systems, availability of
economical and easy-to-install solutions, and increasing demand from
transportation sector for people counting solutions. The advancements
in people counting solutions such as availability of 3D people counting
and the growing opportunity in emerging markets such as Latin America,
Middle East and Africa would provide ample growth opportunities for
the people counting system market in the coming years.
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