Table of Content

1 INTRODUCTION 39
1.1 STUDY OBJECTIVES 39
1.2 DEFINITION AND SCOPE 39
1.3 SCOPE 40
1.3.1 MARKETS COVERED 40
1.3.2 YEARS CONSIDERED 40
1.4 CURRENCY 41
1.5 LIMITATIONS 41
1.6 MARKET STAKEHOLDERS 41

2 RESEARCH METHODOLOGY 42
2.1 RESEARCH DATA 42
FIGURE 1 PEOPLE COUNTING SYSTEM MARKET: RESEARCH DESIGN 42
2.1.1 SECONDARY DATA 43
2.1.1.1 Secondary sources 43
2.1.2 PRIMARY DATA 44
2.1.2.1 Primary sources 44
2.1.2.2 Key industry insights 45
2.1.2.3 Breakdown of primaries 45
2.2 MARKET SIZE ESTIMATION 46
FIGURE 2 RESEARCH FLOW OF MARKET SIZE ESTIMATION 46
2.2.1 BOTTOM-UP APPROACH 47
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 47
2.2.2 TOP-DOWN APPROACH 47
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 47
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 48
FIGURE 5 DATA TRIANGULATION 48
2.4 RESEARCH ASSUMPTIONS 49

3 EXECUTIVE SUMMARY 50
FIGURE 6 PRE- AND POST-COVID-19 SCENARIO FOR PEOPLE COUNTING SYSTEM MARKET 51
FIGURE 7 MARKET FOR BIDIRECTIONAL PEOPLE COUNTING SYSTEMS TO GROW AT HIGHER CAGR DURING 2020–2025 52
FIGURE 8 MARKET FOR VIDEO-BASED PEOPLE COUNTING SYSTEMS TO GROW AT HIGHEST CAGR DURING 2020–2025 52
FIGURE 9 PEOPLE COUNTING SYSTEM MARKET FOR RETAIL STORES, SUPERMARKETS, AND SHOPPING MALLS TO GROW AT HIGHEST CAGR DURING 2020–2025 53
FIGURE 10 APAC TO BE FASTEST-GROWING REGION IN PEOPLE COUNTING SYSTEM MARKET DURING FORECAST PERIOD 54

4 PREMIUM INSIGHTS 55
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN PEOPLE COUNTING SYSTEM MARKET 55
FIGURE 11 TECHNOLOGICAL ADVANCEMENTS IN RETAIL INDUSTRY TO SPUR GROWTH OF PEOPLE COUNTING SYSTEM MARKET DURING FORECAST PERIOD 55
4.2 PEOPLE COUNTING SYSTEM MARKET, BY COUNTRY 56
FIGURE 12 PEOPLE COUNTING SYSTEM MARKET IN CHINA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 56
4.3 PEOPLE COUNTING SYSTEM MARKET, BY TECHNOLOGY 56
FIGURE 13 VIDEO-BASED PEOPLE COUNTING SYSTEMS TO CONTINUE TO HOLD LARGEST MARKET SHARE IN COMING YEARS 56
4.4 PEOPLE COUNTING SYSTEM MARKET, BY END USER AND REGION 57
FIGURE 14 RETAIL STORES, SUPERMARKETS, AND SHOPPING MALLS AND NORTH AMERICA LIKELY TO BE LARGEST SHAREHOLDERS IN OVERALL MARKET,
BY END USER AND REGION, RESPECTIVELY, IN 2025 57

5 MARKET OVERVIEW 58
5.1 INTRODUCTION 58
5.2 MARKET DYNAMICS 58
FIGURE 15 MARKET OVERVIEW 58
5.2.1 DRIVERS 59
5.2.1.1 Ongoing technological advancements in retail industry 59
FIGURE 16 WORLDWIDE RETAIL INDUSTRY SALES, 2014–2018 (USD BILLION) 59
5.2.1.2 Rising concerns for safety and security at public places 60
5.2.1.3 Growing need for people counting systems in hospitality, sports and entertainment applications 60
5.2.1.4 Surging demand for people counting systems to ensure safety of people in public places and retail stores in the midst of COVID-19 60
5.2.2 RESTRAINTS 61
5.2.2.1 Rapid increase in E-commerce industry 61
TABLE 1 GLOBAL SALES OF PRODUCTS IN RETAIL STORE FOR 2018 (% SHARE) 61
5.2.3 OPPORTUNITIES 61
5.2.3.1 Growing inclination toward deploying technologically advanced people counting systems 61
5.2.3.2 Rising demand for people counting systems in APAC 62
5.2.3.3 Increasing adoption of people counting systems in transportation sector to maintain safe distance between passengers due to
COVID-19 62
5.2.4 CHALLENGES 63
5.2.4.1 Lack of reliable results from Wi-Fi and Bluetooth-based people counting systems 63
5.2.4.2 Reduced manufacturing capacity 63
5.3 VALUE CHAIN ANALYSIS 63
5.3.1 PEOPLE COUNTING SYSTEM VALUE CHAIN 63
FIGURE 17 PEOPLE COUNTING SYSTEM VALUE CHAIN: MAJOR VALUE ADDITION
BY PRODUCT MANUFACTURERS 63
5.4 ADJACENT MARKETS 64
FIGURE 18 AUTOMATED PASSENGER COUNTING SYSTEM MARKET AND VIDEO SURVEILLANCE MARKET 64

6 PEOPLE COUNTING SYSTEM MARKET, BY TYPE 65
6.1 INTRODUCTION 66
FIGURE 19 PEOPLE COUNTING SYSTEM MARKET, BY TYPE 66
FIGURE 20 BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 67
TABLE 2 PEOPLE COUNTING SYSTEM MARKET, BY TYPE, 2016–2019 (USD MILLION) 67
TABLE 3 PEOPLE COUNTING SYSTEM MARKET, BY TYPE, 2020–2025 (USD MILLION) 67
6.2 UNIDIRECTIONAL 68
6.2.1 FEATURES SUCH AS LOW COST AND DURABILITY SUSTAIN GROWTH OF UNIDIRECTIONAL PEOPLE COUNTING SYSTEMS 68
TABLE 4 UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET, BY TECHNOLOGY, 2016–2019 (USD MILLION) 68
TABLE 5 UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET, BY TECHNOLOGY, 2020–2025 (USD MILLION) 68
TABLE 6 UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET, BY END USER, 2016–2019 (USD MILLION) 69
TABLE 7 UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET, BY END USER, 2020–2025 (USD MILLION) 69
TABLE 8 UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR INFRARED BEAM, BY END USER, 2016–2019 (USD MILLION) 70
TABLE 9 UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR INFRARED BEAM, BY END USER, 2020–2025 (USD MILLION) 70
TABLE 10 INFRARED BEAM UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR RETAIL, SUPERMARKETS AND SHOPPING MALLS, BY REGION, 2016–2019 (USD MILLION) 71
TABLE 11 INFRARED BEAM UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR RETAIL, SUPERMARKETS AND SHOPPING MALLS, BY REGION, 2020–2025 (USD MILLION) 71
TABLE 12 INFRARED BEAM UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR TRANSPORTATION, BY REGION, 2016–2019 (USD MILLION) 71
TABLE 13 INFRARED BEAM UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR TRANSPORTATION, BY REGION, 2020–2025 (USD MILLION) 72
TABLE 14 INFRARED BEAM UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR CORPORATE, BY REGION, BY REGION, 2016–2019 (USD MILLION) 72
TABLE 15 INFRARED BEAM UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR CORPORATE, BY REGION, 2020–2025 (USD MILLION) 72
TABLE 16 INFRARED BEAM UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR HOSPITALITY, BY REGION, 2016–2019 (USD MILLION) 73
TABLE 17 INFRARED BEAM UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR HOSPITALITY, BY REGION, 2020–2025 (USD MILLION) 73
FIGURE 21 MARKET FOR INFRARED-BASED UNIDIRECTIONAL PEOPLE COUNTING SYSTEMS FOR BANKING AND FINANCIAL INSTITUTES IN APAC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 73
TABLE 18 INFRARED BEAM UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR BANKING AND FINANCIAL INSTITUTES, BY REGION, 2016–2019
(USD MILLION) 74
TABLE 19 INFRARED BEAM UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR BANKING AND FINANCIAL INSTITUTES, BY REGION, 2020–2025
(USD MILLION) 74
TABLE 20 INFRARED BEAM UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR HEALTHCARE, BY REGION, 2016–2019 (USD MILLION) 74
TABLE 21 INFRARED BEAM UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR HEALTHCARE, BY REGION, 2020–2025 (USD MILLION) 75
TABLE 22 INFRARED BEAM UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR SPORTS AND ENTERTAINMENT, BY REGION, 2016–2019 (USD MILLION) 75
TABLE 23 INFRARED BEAM UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR SPORTS AND ENTERTAINMENT, BY REGION, 2020–2025 (USD MILLION) 75
TABLE 24 INFRARED BEAM UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR OTHER END USERS, BY REGION, 2016–2019 (USD MILLION) 76
TABLE 25 INFRARED BEAM UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR OTHER END USERS, BY REGION, 2020–2025 (USD MILLION) 76
TABLE 26 UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR OTHER TECHNOLOGIES, BY END USER, 2016–2019 (USD MILLION) 76
TABLE 27 UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR OTHER TECHNOLOGIES, BY END USER, 2020–2025 (USD MILLION) 77
TABLE 28 OTHER TECHNOLOGIES-BASED UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR RETAIL, SUPERMARKETS AND SHOPPING MALLS, BY REGION, 2016–2019 (USD MILLION) 77
TABLE 29 OTHER TECHNOLOGIES-BASED UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR RETAIL, SUPERMARKETS, AND SHOPPING MALLS, BY REGION, 2020–2025 (USD MILLION) 78
TABLE 30 OTHER TECHNOLOGIES-BASED UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR TRANSPORTATION, BY REGION, 2016–2019 (USD THOUSAND) 78
TABLE 31 OTHER TECHNOLOGIES-BASED UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR TRANSPORTATION, BY REGION, 2020–2025 (USD THOUSAND) 78
TABLE 32 OTHER TECHNOLOGIES-BASED UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR CORPORATE, BY REGION, 2016–2019 (USD THOUSAND) 79
TABLE 33 OTHER TECHNOLOGIES-BASED UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR CORPORATE, BY REGION, 2020–2025 (USD THOUSAND) 79
TABLE 34 OTHER TECHNOLOGIES-BASED UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR HOSPITALITY, BY REGION, 2016–2019 (USD THOUSAND) 79
TABLE 35 OTHER TECHNOLOGIES-BASED UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR HOSPITALITY, BY REGION, 2020–2025 (USD THOUSAND) 80
TABLE 36 OTHER TECHNOLOGIES-BASED UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR BANKING AND FINANCIAL INSTITUTES, BY REGION,
2016–2019 (USD THOUSAND) 80
TABLE 37 OTHER TECHNOLOGIES-BASED UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR BANKING AND FINANCIAL INSTITUTES, BY REGION,
2020–2025 (USD THOUSAND) 80
TABLE 38 OTHER TECHNOLOGIES-BASED UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR HEALTHCARE, BY REGION, 2016–2019 (USD THOUSAND) 81
TABLE 39 OTHER TECHNOLOGIES-BASED UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR HEALTHCARE, BY REGION, 2020–2025 (USD THOUSAND) 81
FIGURE 22 OTHER TECHNOLOGIES-BASED UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR SPORTS AND ENTERTAINMENT IN APAC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 81
TABLE 40 OTHER TECHNOLOGIES-BASED UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR SPORTS AND ENTERTAINMENT, BY REGION, 2016–2019
(USD THOUSAND) 82
TABLE 41 OTHER TECHNOLOGIES-BASED UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR SPORTS AND ENTERTAINMENT, BY REGION, 2020–2025
(USD THOUSAND) 82
TABLE 42 OTHER TECHNOLOGIES-BASED UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR OTHER END USERS, BY REGION, 2016–2019 (USD THOUSAND) 82
TABLE 43 OTHER TECHNOLOGIES-BASED UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR OTHER END USERS, BY REGION, 2020–2025 (USD THOUSAND) 83
TABLE 44 UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET, BY REGION,
2016–2019 (USD MILLION) 83
TABLE 45 UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET, BY REGION,
2020–2025 (USD MILLION) 83
6.3 BIDIRECTIONAL 84
6.3.1 BIDIRECTIONAL PEOPLE COUNTERS TO LEAD MARKET, IN TERMS OF SIZE AND CAGR, DUE TO HIGH ADOPTION IN RETAIL STORES, SUPERMARKETS, AND CORPORATE OFFICES 84
TABLE 46 BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET, BY TECHNOLOGY, 2016–2019 (USD MILLION) 84
TABLE 47 BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET, BY TECHNOLOGY, 2020–2025 (USD MILLION) 85
TABLE 48 BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET, BY END USER,
2016–2019 (USD MILLION) 85
TABLE 49 BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET, BY END USER,
2020–2025 (USD MILLION) 86
TABLE 50 BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR INFRARED BEAM, BY END USER, 2016–2019 (USD MILLION) 86
TABLE 51 BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR INFRARED BEAM, BY END USER, 2020–2025 (USD MILLION) 87
TABLE 52 INFRARED BEAM BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR RETAIL, SUPERMARKETS AND SHOPPING MALLS, BY REGION, 2016–2019 (USD MILLION) 87
TABLE 53 INFRARED BEAM BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR RETAIL, SUPERMARKETS, AND SHOPPING MALLS, BY REGION, 2020–2025 (USD MILLION) 88
TABLE 54 INFRARED BEAM BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR TRANSPORTATION, BY REGION, 2016–2019 (USD MILLION) 88
TABLE 55 INFRARED BEAM BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR TRANSPORTATION, BY REGION, 2020–2025 (USD MILLION) 88
FIGURE 23 MARKET FOR INFRARED BEAM-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEMS FOR CORPORATE TO GROW AT HIGHEST CAGR IN APAC 89
TABLE 56 INFRARED BEAM BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR CORPORATE, BY REGION, 2016–2019 (USD MILLION) 89
TABLE 57 INFRARED BEAM BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR CORPORATE, BY REGION, 2020–2025 (USD MILLION) 89
TABLE 58 INFRARED BEAM BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR HOSPITALITY, BY REGION, 2016–2019 (USD MILLION) 90
TABLE 59 INFRARED BEAM BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR HOSPITALITY, BY REGION, 2020–2025 (USD MILLION) 90
TABLE 60 INFRARED BEAM BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR BANKING AND FINANCIAL INSTITUTES, BY REGION, 2016–2019
(USD MILLION) 90
TABLE 61 INFRARED BEAM BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR BANKING AND FINANCIAL INSTITUTES, BY REGION, 2020–2025
(USD MILLION) 91
TABLE 62 INFRARED BEAM BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR HEALTHCARE, BY REGION, 2016–2019 (USD MILLION) 91
TABLE 63 INFRARED BEAM BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR HEALTHCARE, BY REGION, 2020–2025 (USD MILLION) 91
TABLE 64 INFRARED BEAM BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR SPORTS AND ENTERTAINMENT, BY REGION, 2016–2019 (USD MILLION) 92
TABLE 65 INFRARED BEAM BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR SPORTS AND ENTERTAINMENT, BY REGION, 2020–2025 (USD MILLION) 92
TABLE 66 INFRARED BEAM BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR OTHER END USERS, BY REGION, 2016–2019 (USD THOUSAND) 92
TABLE 67 INFRARED BEAM BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR OTHER END USERS, BY REGION, 2020–2025 (USD THOUSAND) 93
TABLE 68 BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR THERMAL IMAGING, BY END USER, 2016–2019 (USD MILLION) 93
TABLE 69 BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR THERMAL IMAGING, BY END USER, 2020–2025 (USD MILLION) 94
FIGURE 24 MARKET FOR THERMAL IMAGING-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEMS FOR RETAIL, SUPERMARKETS, AND SHOPPING MALLS TO GROW AT HIGHEST CAGR IN APAC 94
TABLE 70 BIDIRECTIONAL THERMAL IMAGING PEOPLE COUNTING SYSTEM MARKET FOR RETAIL, SUPERMARKETS, AND SHOPPING MALLS, BY REGION,
2016–2019 (USD MILLION) 95
TABLE 71 BIDIRECTIONAL THERMAL IMAGING PEOPLE COUNTING SYSTEM MARKET FOR RETAIL, SUPERMARKETS, AND SHOPPING MALLS, BY REGION,
2020–2025 (USD MILLION) 95
TABLE 72 BIDIRECTIONAL THERMAL IMAGING PEOPLE COUNTING SYSTEM MARKET FOR TRANSPORTATION, BY REGION, 2016–2019 (USD MILLION) 95
TABLE 73 BIDIRECTIONAL THERMAL IMAGING PEOPLE COUNTING SYSTEM MARKET FOR TRANSPORTATION, BY REGION, 2020–2025 (USD MILLION) 96
TABLE 74 THERMAL IMAGING BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR CORPORATE, BY REGION, 2016–2019 (USD MILLION) 96
TABLE 75 THERMAL IMAGING BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR CORPORATE, BY REGION, 2020–2025 (USD MILLION) 97
TABLE 76 THERMAL IMAGING BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR HOSPITALITY, BY REGION, 2016–2019 (USD MILLION) 97
TABLE 77 THERMAL IMAGING BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR HOSPITALITY, BY REGION, 2020–2025 (USD MILLION) 97
TABLE 78 THERMAL IMAGING BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR BANKING AND FINANCIAL INSTITUTES, BY REGION, 2016–2019
(USD MILLION) 98
TABLE 79 THERMAL IMAGING BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR BANKING AND FINANCIAL INSTITUTES, BY REGION, 2020–2025
(USD MILLION) 98
TABLE 80 THERMAL IMAGING BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR HEALTHCARE, BY REGION, 2016–2019 (USD MILLION) 98
TABLE 81 THERMAL IMAGING BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR HEALTHCARE, BY REGION, 2020–2025 (USD MILLION) 99
TABLE 82 THERMAL IMAGING BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR SPORTS AND ENTERTAINMENT, BY REGION, 2016–2019 (USD MILLION) 99
TABLE 83 THERMAL IMAGING BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR SPORTS AND ENTERTAINMENT, BY REGION, 2020–2025 (USD MILLION) 99
TABLE 84 THERMAL IMAGING BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR OTHER END USERS, BY REGION, 2016–2019 (USD THOUSAND) 100
TABLE 85 THERMAL IMAGING BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR OTHER END USERS, BY REGION, 2020–2025 (USD THOUSAND) 100
FIGURE 25 VIDEO-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR RETAIL, SUPERMARKETS, AND SHOPPING MALLS TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 101
TABLE 86 BIDIRECTIONAL VIDEO-BASED PEOPLE COUNTING SYSTEM MARKET,
BY END USER, 2016–2019 (USD MILLION) 101
TABLE 87 VIDEO-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET,
BY END USER, 2020–2025 (USD MILLION) 102
TABLE 88 VIDEO-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR RETAIL, SUPERMARKETS, AND SHOPPING MALLS, BY REGION,
2016–2019 (USD MILLION) 102
TABLE 89 VIDEO-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR RETAIL, SUPERMARKETS, AND SHOPPING MALLS, BY REGION,
2020–2025 (USD MILLION) 103
TABLE 90 VIDEO-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR TRANSPORTATION, BY REGION, 2016–2019 (USD MILLION) 103
TABLE 91 VIDEO-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR TRANSPORTATION, BY REGION, 2020–2025 (USD MILLION) 103
TABLE 92 VIDEO-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR CORPORATE, BY REGION, 2016–2019 (USD MILLION) 104
TABLE 93 VIDEO-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR CORPORATE, BY REGION, 2020–2025 (USD MILLION) 104
TABLE 94 VIDEO-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR HOSPITALITY, BY REGION, 2016–2019 (USD MILLION) 104
TABLE 95 VIDEO-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR HOSPITALITY, BY REGION, 2020–2025 (USD MILLION) 105
TABLE 96 VIDEO-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR BANKING AND FINANCIAL INSTITUTES, BY REGION, 2016–2019
(USD MILLION) 105
TABLE 97 VIDEO-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR BANKING AND FINANCIAL INSTITUTES, BY REGION, 2020–2025
(USD MILLION) 105
TABLE 98 VIDEO-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR HEALTHCARE, BY REGION, 2016–2019 (USD MILLION) 106
TABLE 99 VIDEO-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR HEALTHCARE, BY REGION, 2020–2025 (USD MILLION) 106
TABLE 100 VIDEO-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR SPORTS AND ENTERTAINMENT, BY REGION, 2016–2019 (USD MILLION) 106
TABLE 101 VIDEO-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR SPORTS AND ENTERTAINMENT, BY REGION, 2020–2025 (USD MILLION) 107
TABLE 102 VIDEO-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR OTHER END USERS, BY REGION, 2016–2019 (USD THOUSAND) 107
TABLE 103 VIDEO-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR OTHER END USERS, BY REGION, 2020–2025 (USD THOUSAND) 107
TABLE 104 BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR OTHER TECHNOLOGIES, BY END USER, 2016–2019 (USD MILLION) 108
TABLE 105 BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR OTHER TECHNOLOGIES, BY END USER, 2020–2025 (USD MILLION) 108
TABLE 106 OTHER TECHNOLOGIES-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR RETAIL, SUPERMARKETS, AND SHOPPING MALLS, BY REGION, 2016–2019 (USD MILLION) 109
TABLE 107 OTHER TECHNOLOGIES-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR RETAIL, SUPERMARKETS, AND SHOPPING MALLS, BY REGION, 2020–2025 (USD MILLION) 109
FIGURE 26 MARKET FOR OTHER TECHNOLOGIES-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEMS FOR TRANSPORTATION TO GROW AT HIGHEST
CAGR IN APAC 109
TABLE 108 OTHER TECHNOLOGIES-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR TRANSPORTATION, BY REGION, 2016–2019 (USD MILLION) 110
TABLE 109 OTHER TECHNOLOGIES-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR TRANSPORTATION, BY REGION, 2020–2025 (USD MILLION) 110
TABLE 110 OTHER TECHNOLOGIES-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR CORPORATE, BY REGION, 2016–2019 (USD THOUSAND) 110
TABLE 111 OTHER TECHNOLOGIES-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR CORPORATE, BY REGION, 2020–2025 (USD THOUSAND) 111
TABLE 112 OTHER TECHNOLOGIES-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR HOSPITALITY, BY REGION, 2016–2019 (USD THOUSAND) 111
TABLE 113 OTHER TECHNOLOGIES-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR HOSPITALITY, BY REGION, 2020–2025 (USD THOUSAND) 111
TABLE 114 OTHER TECHNOLOGIES-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR BANKING AND FINANCIAL INSTITUTES, BY REGION,
2016–2019 (USD THOUSAND) 112
TABLE 115 OTHER TECHNOLOGIES-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR BANKING AND FINANCIAL INSTITUTES, BY REGION,
2020–2025 (USD THOUSAND) 112
TABLE 116 OTHER TECHNOLOGIES-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR HEALTHCARE, BY REGION, 2016–2019 (USD THOUSAND) 112
TABLE 117 OTHER TECHNOLOGIES-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR HEALTHCARE, BY REGION, 2020–2025 (USD THOUSAND) 113
TABLE 118 OTHER TECHNOLOGIES-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR SPORTS AND ENTERTAINMENT, BY REGION, 2016–2019
(USD THOUSAND) 113
TABLE 119 OTHER TECHNOLOGIES-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR SPORTS AND ENTERTAINMENT, BY REGION, 2020–2025
(USD THOUSAND) 113
TABLE 120 OTHER TECHNOLOGIES-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR OTHER END USERS, BY REGION, 2016–2019 (USD THOUSAND) 114
TABLE 121 OTHER TECHNOLOGIES-BASED BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET FOR OTHER END USERS, BY REGION, 2020–2025 (USD MILLION) 114
FIGURE 27 BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET IN APAC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 114
TABLE 122 BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET, BY REGION,
2016–2019 (USD MILLION) 115
TABLE 123 BIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET, BY REGION,
2020–2025 (USD MILLION) 115
6.4 IMPACT OF COVID-19 ON VARIOUS TYPES OF PEOPLE COUNTING SYSTEMS 116
6.4.1 MOST IMPACTED TYPE 116
FIGURE 28 PRE-AND POST-COVID-19 COMPARISON FOR UNIDIRECTIONAL PEOPLE COUNTING SYSTEM MARKET 116
6.4.1.1 Unidirectional 116
6.4.2 LEAST IMPACTED TYPE 116
6.4.2.1 Bidirectional 116

1 INTRODUCTION 37
1.1 OBJECTIVES OF THE STUDY 37
1.2 MARKET DEFINITION 37
1.2.1 INCLUSIONS & EXCLUSIONS 38
1.3 MARKET SCOPE 38
1.3.1 MARKETS COVERED 38
1.3.2 YEARS CONSIDERED FOR THE STUDY 39
1.4 CURRENCY 39
1.5 LIMITATIONS 39
1.6 STAKEHOLDERS 39

2 RESEARCH METHODOLOGY 40
2.1 RESEARCH DATA 40
FIGURE 1 RESEARCH DESIGN 40
2.1.1 SECONDARY DATA 41
2.1.1.1 Key data from secondary sources 41
2.1.2 PRIMARY DATA 42
FIGURE 2 PRIMARY SOURCES 42
2.1.2.1 Key data from primary sources 43
2.1.2.2 Breakdown of primary sources 43
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 43
2.2 MARKET SIZE ESTIMATION 44
FIGURE 4 MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS 44
FIGURE 5 ILLUSTRATIVE EXAMPLE OF THERMO FISHER SCIENTIFIC 44
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 47
FIGURE 6 DATA TRIANGULATION METHODOLOGY 47
2.4 MARKET SHARE ESTIMATION 48
2.5 ASSUMPTIONS FOR THE STUDY 48

3 EXECUTIVE SUMMARY 49
FIGURE 7 BIOPRESERVATION MEDIA & EQUIPMENT MARKET, BY TYPE,
2020 VS. 2025 (USD MILLION) 49
FIGURE 8 BIOPRESERVATION MEDIA MARKET, BY TYPE, 2020 VS. 2025 (USD MILLION) 50
FIGURE 9 BIOPRESERVATION EQUIPMENT MARKET, BY TYPE,
2020 VS. 2025 (USD MILLION) 50
FIGURE 10 BIOPRESERVATION MEDIA & EQUIPMENT MARKET, BY BIOSPECIMEN,
2020 VS. 2025 (USD MILLION) 51
FIGURE 11 BIOPRESERVATION MEDIA & EQUIPMENT MARKET, BY APPLICATION,
2020 VS. 2025 (USD MILLION) 52
FIGURE 12 BIOPRESERVATION MEDIA & EQUIPMENT MARKET, BY END USER,
2020 VS. 2025 (USD MILLION) 52
FIGURE 13 GEOGRAPHICAL SNAPSHOT OF THE BIOPRESERVATION MEDIA & EQUIPMENT MARKET 53

4 PREMIUM INSIGHTS 54
4.1 BIOPRESERVATION MEDIA & EQUIPMENT MARKET OVERVIEW 54
FIGURE 14 INCREASING DEMAND FOR PERSONALIZED MEDICINE TO SUPPORT MARKET GROWTH 54
4.2 NORTH AMERICA: BIOPRESERVATION MEDIA & EQUIPMENT MARKET, BY TYPE (2019) 54
FIGURE 15 BIOPRESERVATION MEDIA SEGMENT ACCOUNTED FOR THE LARGEST SHARE OF THE NORTH AMERICAN MARKET IN 2019 54
4.3 BIOPRESERVATION MEDIA & EQUIPMENT MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES 55
FIGURE 16 ASIA PACIFIC MARKET TO REGISTER THE HIGHEST GROWTH IN THE BIOPRESERVATION MEDIA & EQUIPMENT MARKET FROM 2020 TO 2025 55
5 MARKET OVERVIEW 56
5.1 INTRODUCTION 56
5.2 MARKET DYNAMICS 56
FIGURE 17 BIOPRESERVATION MEDIA & EQUIPMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 56
5.2.1 DRIVERS 57
5.2.1.1 Increasing R&D investments 57
5.2.1.2 Advances in biobanking and the growing trend of conserving cord blood stem cells of newborns 57
TABLE 1 COUNTRY-WISE DATA FOR THE PERCENTAGE OF BIRTHS BANKING
CORD BLOOD (2019) 58
5.2.1.3 Rising investments in regenerative medicine research 58
TABLE 2 FUNDING FOR REGENERATIVE MEDICINE RESEARCH BY NIH UNDER THE 21ST CENTURY ACT 58
5.2.1.4 Increasing demand for personalized medicine 58
5.2.2 RESTRAINTS 59
5.2.2.1 High cost of advanced techniques 59
5.2.2.2 Stability issues due to tissue injury during freezing and thawing 59
5.2.3 OPPORTUNITIES 59
5.2.3.1 Asia offers significant growth opportunities 59
FIGURE 18 GROWTH IN HEALTHCARE EXPENDITURE IN SOUTHEAST ASIA AND WESTERN PACIFIC REGIONS 60
5.2.3.2 Rising demand for organ transplants 60
5.2.3.3 Growing number of research studies in the field of biopreservation 61
FIGURE 19 RESEARCH PAPERS PUBLISHED, 2010?2019 61
5.2.4 CHALLENGES 61
5.2.4.1 Increasing demand for room temperature storage technologies 61
5.2.4.2 Disruption of research activities and clinical trials due
to the COVID-19 pandemic 62
6 BIOPRESERVATION MEDIA & EQUIPMENT MARKET, BY TYPE 63
6.1 INTRODUCTION 64
TABLE 3 BIOPRESERVATION MEDIA & EQUIPMENT MARKET, BY TYPE,
2018–2025 (USD MILLION) 64
6.2 BIOPRESERVATION MEDIA 64
TABLE 4 BIOPRESERVATION MEDIA MARKET, BY TYPE, 2018–2025 (USD MILLION) 65
TABLE 5 BIOPRESERVATION MEDIA MARKET, BY REGION, 2018–2025 (USD MILLION) 65
TABLE 6 NORTH AMERICA: BIOPRESERVATION MEDIA MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 65
TABLE 7 EUROPE: BIOPRESERVATION MEDIA MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 66
TABLE 8 ASIA PACIFIC: BIOPRESERVATION MEDIA MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 66
TABLE 9 ROW: BIOPRESERVATION MEDIA MARKET, BY REGION,
2018–2025 (USD MILLION) 66
6.2.1 NUTRIENT MEDIA 67
6.2.1.1 Nutrient media is the largest and fastest-growing segment of the biopreservation media segment 67
TABLE 10 BIOPRESERVATION NUTRIENT MEDIA MARKET, BY REGION,
2018–2025 (USD MILLION) 67
TABLE 11 NORTH AMERICA: BIOPRESERVATION NUTRIENT MEDIA MARKET,
BY COUNTRY, 2018–2025 (USD MILLION) 67
TABLE 12 EUROPE: BIOPRESERVATION NUTRIENT MEDIA MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 68
TABLE 13 ASIA PACIFIC: BIOPRESERVATION NUTRIENT MEDIA MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 68
TABLE 14 ROW: BIOPRESERVATION NUTRIENT MEDIA MARKET, BY REGION,
2018–2025 (USD MILLION) 68
6.2.2 SERA 69
6.2.2.1 Sera is used for the cryopreservation of biologics at -80? to -196?C 69
TABLE 15 BIOPRESERVATION SERA MARKET, BY REGION, 2018–2025 (USD MILLION) 69
TABLE 16 NORTH AMERICA: BIOPRESERVATION SERA MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 69
TABLE 17 EUROPE: BIOPRESERVATION SERA MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 70
TABLE 18 ASIA PACIFIC: BIOPRESERVATION SERA MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 70
TABLE 19 ROW: BIOPRESERVATION SERA MARKET, BY REGION,
2018–2025 (USD MILLION) 70
6.2.3 GROWTH FACTORS & SUPPLEMENTS 71
6.2.3.1 Growth factors & supplements are used to improve cell
viability and utility 71
TABLE 20 BIOPRESERVATION GROWTH FACTORS & SUPPLEMENTS MARKET,
BY REGION, 2018–2025 (USD MILLION) 71
TABLE 21 NORTH AMERICA: BIOPRESERVATION GROWTH FACTORS & SUPPLEMENTS MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 71
TABLE 22 EUROPE: BIOPRESERVATION GROWTH FACTORS & SUPPLEMENTS MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 72
TABLE 23 ASIA PACIFIC: BIOPRESERVATION GROWTH FACTORS & SUPPLEMENTS MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 72
TABLE 24 ROW: BIOPRESERVATION GROWTH FACTORS & SUPPLEMENTS MARKET,
BY REGION, 2018–2025 (USD MILLION) 72