Crowd Analytics Market Future Insights with Analysis of Leading Market Players, Key Findings for Stakeholders, Forecast (2017-2023)

The crowd analytics market was valued at $331 million in 2015, and is projected to reach at $1,531 million by 2022, growing at a CAGR of 24.9% from 2016 to 2022. Retail and other industries segments are expected to exhibit healthy growth rate during the forecast period, owing to high demand for customer engagement through behavioral modeling and predictive analysis. The cloud deployment mode was the highest contributor in 2015, and accounted for around 61.6% of the global market, owing to high growth potential with extended cost competitiveness over on-premise deployment. Moreover, crowd analytics adoption is expected to witness high growth rate, owing to increase in demand for better crowd distribution planning in smart cities and urban development in the regions including Europe, Asia-Pacific, and North America.

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Crowd analytics is an optimized business solution, which delivers insightful analysis of crowd mobility at mass gathering places, such as airport & railway terminals, city malls, retail stores, convention centers, stadium, and others. The data obtained from various sources, including (CCTV) closed circuit television camera, commercial off-the-shelf camera, and first & third party consumer data are channelized through sophisticated artificial intelligence methods to present predictive crowd flow models and customer preference patterns.

The services segment including professional and managed services are on high demand in crowd analytics market, due to increase in need to manage data from conception and analysis and to archive at the appropriate space and time. Moreover, comprehensive planning, installing, and configuration of the software have also augmented the service segment growth in the crowd analytics market.

Comprehensive and Competetive Analysis of Dominating Market Players

•AGT International GmbH
•Crowd Dynamics International
•Crowd Vision Limited
•Geodan Next
•Mira
•NEC Corporation
•Nokia Corporation
•Savannah Simulations AG
•Spigit, Inc.
•Walkbase

North America was the largest market in crowd analytics industry in 2015, owing to healthy economic growth, ongoing commercialization, and increase in ICT expenditures by the government on various projects including, home land security, tourism, and other people management programs. In addition, there is a growth in adoption of crowd analytics solutions in Europe due to upsurge in urban population and increase in footfalls of customers at retail malls. The trend of strong adoption of analytics software in North America and Europe have accelerated the growth of the crowd analytics market.

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Cloud deployment model is expected to grow at the highest CAGR during the forecast period, owing to direct IT control, internal data delivery & handling, faster data processing, efficient resource utilization, and cost-effectiveness. Furthermore, reduced IT staffs and standardized business environment for IT operation provide advantage in cloud deployment.

Based on the geography, the market is segmented into four major regions, namely, North America, Europe, Asia-Pacific, and LAMEA. North America was the highest revenue contributor in 2015, and accounted for around 37.5% share of the overall crowd analytics market. The Asia-Pacific market is projected to grow at the highest CAGR of 27.4% during the forecast period, owing to upsurge in need of public management and crowd control in large retail malls and airport gateways.

Table of Content


Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTATION
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tools and Models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top Impacting Factors

3.2.1.1. Increase in demand for better crowd distribution planning in smart cities
3.2.1.2. Upsurge in number of airlines and train passengers
3.2.1.3. Growing concerns of security and surveillance
3.2.1.4. Lack of IT infrastructure in underdeveloped nations
3.2.1.5. Increase in ICT spending by developed nations

3.2.2. Top Investment Pockets
3.2.3. Top Winning Strategies

3.3. PORTERS FIVE FORCES ANALYSIS

3.3.1. Bargaining Power of Suppliers
3.3.2. Bargaining Power of Buyers
3.3.3. Threat of Substitutes
3.3.4. Threat of New Entrants
3.3.5. Competitive Rivalry

3.4. MARKET PLAYER POSITIONING
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Increase in demand for efficient crowd distribution planning in smart cities
3.5.1.2. Upsurge in number of airlines and train passengers
3.5.1.3. Growing concerns of security and surveillance
3.5.1.4. Growth in IoT adoption across several industry verticals

3.5.2. Restraint

3.5.2.1. Lack of IT infrastructure in underdeveloped nations

3.5.3. Opportunities

3.5.3.1. Growing inclination towards cloud-based analytics solutions
3.5.3.2. Increase in ICT spending across developed nations

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Chapter: 4 CROWD ANALYTICS MARKET, BY SOLUTION

4.1. OVERVIEW
4.2. SOFTWARE

4.2.1. Key Market Trends
4.2.2. Key Growth Factors and Opportunities
4.2.3. Market Size and Forecast

4.3. SERVICE

4.3.1. Key Market Trends
4.3.2. Key Growth Factors and Opportunities
4.3.3. Market Size and Forecast

Chapter: 5 CROWD ANALYTICS MARKET, BY DEPLOYMENT MODEL

5.1. OVERVIEW
5.2. ON-PREMISE

5.2.1. Key Market Trends
5.2.2. Key Growth Factors and Opportunities
5.2.3. Market Size and Forecast

5.3. CLOUD

5.3.1. Key Market Trends
5.3.2. Key Growth Factors and Opportunities
5.3.3. Market Size and Forecast

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