How big is the Occupancy Tracking Market?

The Occupancy Tracking Market size is expected to reach USD 1.21 billion in 2024 and grow at a CAGR of 29.80% to reach USD 4.43 billion by 2029. Read More

What is the current Occupancy Tracking Market size?

In 2024, the Occupancy Tracking Market size is expected to reach USD 1.21 billion. Read More

Who are the key players in Occupancy Tracking Market?

Honeywell International, Eaton Corporation, Schneider Electric, Legrand Inc. and Leviton Manufacturing Company are the major companies operating in the Occupancy Tracking Market. Read More

Which is the fastest growing region in Occupancy Tracking Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Occupancy Tracking Market?

In 2024, the Asia Pacific accounts for the largest market share in Occupancy Tracking Market. Read More

What years does this Occupancy Tracking Market cover, and what was the market size in 2023?

In 2023, the Occupancy Tracking Market size was estimated at USD 0.93 billion. The report covers the Occupancy Tracking Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Occupancy Tracking Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Occupancy Tracking Market Size & Share Analysis - Industry Research Report

Occupancy Tracking Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Occupancy Tracking Market is Segmented By Offering Type (Hardware, Software, Services), Building Type (Office, Retail, Education, Healthcare, Hotels & Restaurants, Institutional/Assembly, Warehouse, Transport), and Geography (North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Occupancy Tracking Industry Overview

The occupancy tracking market is significantly competitive, with several major players performing in the market and taking steps to expand their market footprint by focusing on product diversification. The players strengthen their product portfolio by adopting several strategies, including new product developments, partnerships, mergers, additions, etc., to gain a competitive edge over other players.

In January 2023, indie Semiconductor, an Autotech solutions innovator, announced a partnership with Seeing Machines, one of the leading computer vision technology companies, to complement the development of advanced vision processors for driver and vehicle occupant monitoring.

In November 2022, Occupancy technology company Occuspace announced its expansion into several colleges and universities in the U.S. and Canada to report real-time and historical space usage data for campus buildings to anyone using their Waitz mobile app, which was especially useful to students seeking places to study.

In August 2022, Fusion92, a Chicago-based marketing innovation firm with offices in Chicago, Detroit, and Austin, partnered with Occuspace, a significant occupancy monitoring technology firm, to provide innovative analytics solutions that assist retailers in better understanding foot traffic data, closing the media attribution loop, uncovering new brick-and-mortar insights, and improving the customer experience.