Press release
Future Growth of Crowd Analytics Market to Grow at a CAGR of +25.8% During and Forecasts, 2018 To 2025 Forecast Period: Key Vendors like NEC Corporation, Crowd Dynamics, Sightcorp, Crowd ANALYTIX, Nokia, Spigit, Wavestore, AGT International, Walkbase
Crowd Analytics Market
Overview:
Globally, the use of analytics has become pervasive and is completely transforming the industries as well as enabling better levels of user experience by providing relevant and customized services. Crowd analytics is one such solution providing meaningful and actionable insights related to the activities of the individuals at mass gatherings, i.e., restaurants, sports stadiums, retail stores, metro & airport terminals, bus stations, and many others. Crowd analytics solutions are designed not only to detect gender and age group but also to capture the attention span of an individual that expresses the interest level of the viewer.
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The Top Key Players include: NEC Corporation (Japan), Crowd Dynamics (U.K.), Sightcorp (Netherlands), Crowd ANALYTIX (U.S.), Nokia (Finland), Spigit (U.S.), Wavestore (U.K.), AGT International (Switzerland), Walkbase (Finland)
Market segment by Type, Crowd Analytics can be split into
• On Cloud
• On Premise
• Hybrid
Market segment by Application, Crowd Analytics can be split into
• Transportation
• Healthcare
• Retail
• BFSI
• Media & Entertainment
According to Research, the global crowd analytics market is expected to grow at a CAGR of 25.8% during the forecast period to reach revenue of $2.4 billion by 2025. The rising demand for evaluating real-time crowd behavior to enhance the security and safety levels, measuring customer footfall to improve customer conversion, rising demand for intelligent video systems, and audience engagement tools & solutions are few factors fostering the crowd analytics market growth during the forecast period.
Market Segmentation Analysis
The report provides in-depth qualitative insights and validated market forecast or projections based on certain assumptions and historical data. The projections and trends featured in the report have been derived using proven research methodologies and assumptions based on the vendor’s portfolio, blogs, whitepapers, and vendor presentations. Thus, the research report represents every side of the market and is segmented based on regional markets, components, and applications.
Competitive Analysis
The report covers and analyses the crowd analytics market. Major vendors across different verticals are planning for high investments in this market, and as a result, the market is expected to grow at an impressive rate in the coming years. The key players are adopting various organic as well as inorganic growth strategies such as mergers & acquisitions, collaborations & partnerships, joint ventures, and few other strategies to be in the strong position in the market.
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Benefits
The report provides an in-depth analysis of the crowd analytics market. Crowd analytics enhances business operations by leveraging crowd tracking and customer behavioral analysis. By understanding the influence and behavior of a particular crowd, various industries such as retail, finance, transportation, and marketing agencies among many others can be benefited by optimizing their revenue and forecasting the market. With the help of crowd analytics, marketers can precisely measure the effectiveness of their promotions and advertising. For example, crowd analytics solutions offered by Xtreme Media enable brands to measure the effectiveness of their ad campaigns by measuring customer insights related to emotions and demographics of the viewer. The report discusses the market in terms of components, applications, verticals, and regions. Further, the report provides details about the major challenges impacting the market growth.
Table of Content (TOC):
Chapter 1 Introduction and Overview
Chapter 2 Industry Cost Structure and Economic Impact
Chapter 3 Rising Trends and New Technologies with Major key players
Chapter 4 Global CROWD ANALYTICS Market Analysis, Trends, Growth Factor
Chapter 5 CROWD ANALYTICS Market Application and Business with Potential Analysis
Chapter 6 Global CROWD ANALYTICS Market Segment, Type, Application
Chapter 7 Global CROWD ANALYTICS Market Analysis (by Application, Type, End User)
Chapter 8 Major Key Vendors Analysis of CROWD ANALYTICS Market
Chapter 9 Development Trend of Analysis
Chapter 10 Conclusion
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