Market Share of People Counting System Industry
The people counting system market is moderately consolidated due to the presence of a limited number of players concentrated in a few countries. These players have adopted various growth strategies such as mergers & acquisitions, new product launches, expansions, joint ventures, and partnerships, to strengthen their market share. Product innovation and technological advancements are most to stay relevant in the market. The market players are focusing on portfolio diversification through partnerships and mergers to strengthen their position in the market.
- June 2019 - FLIR Systems, Inc. recently announced the FLIR TrafiData intelligent thermal traffic sensor solution for improved data collection capabilities to offer transportation management with critical insights for smarter, safer cities.
- April 2019 - Axis Communications is launching an affordable mini dome with full HD and built-in IR for both indoor and outdoor use. AXIS Companion Dome mini LE is the latest member of AXIS Companion, which is a complete end-to-end solution that simplifies professional-level video surveillance for small businesses.
People Counting System Market Leaders
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FLIR Systems, Inc.
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IEE SA
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Axis Communications AB
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RetailNext Inc.
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Traf-Sys Inc.
*Disclaimer: Major Players sorted in no particular order