Crowd Analytics Market Is Projected To Display A Robust Growth During Forecast Period 2017-2024 - Top Key Players NEC Corporation, Nokia, Sightcorp, AGT International, Crowd Vision, Savannah Simulations, Walkbase, DFRC, Crowd Dynamics, and iOmniscient amo

Kenneth Research conferred analysis report on Crowd Analytics Market 2017 by implementing an exquisite analysis procedure to assemble key knowledge of this global market. The study on the Crowd Analytics market provides complete report on changing market trends for this market. It offers market size and share of each separate segment in the market. Many companies are involved in this market. Top players are completely profiled in this report.

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.

Crowd Analytics is currently being used across various verticals such as CPG and retail, transportation, media and entertainment, travel and tourism, and public safety by leveraging key performance indicators, i.e., measuring customer footfall, location of business, and so forth for making effective decisions to optimize sales, customer service and marketing, as well as reacting faster to the dynamic and competitive market.

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Market Analysis:

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 2024. 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.

Key Players:

NEC Corporation, Nokia, Sightcorp, AGT International, Crowd Vision, Savannah Simulations, Walkbase, DFRC, Crowd Dynamics, and iOmniscient among others.

Report deals with present fundamental actualities of Crowd Analytics market which plays a vital role in boosting this market. In the conclusion of the study, a thorough assessment on the spirited backdrop of market is added. Prominent players along with their marketing strategy, key developments and business overview are mentioned in this report. The study also investigates the market in terms of volume and revenue.

Competitive Analysis:

The report covers and analyzes 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.

The report contains an in-depth analysis of the vendor’s profile, which includes financial health, business units, key business priorities, SWOT, strategies, and views. The prominent vendors covered in the report include NEC Corporation, Nokia, Sightcorp, AGT International, Crowd Vision, Savannah Simulations, Walkbase, DFRC, Crowd Dynamics, and iOmniscient among others. The vendors have been identified based on the portfolio, geographical presence, marketing & distribution channels, revenue generation, and significant investments in R&D.

NEC, Nokia, Sightcorp are the key players in the crowd analytics market. With the acquisition of Northgate Public Services, NEC will accelerate the expansion of its international safety business. Nokia acquired Deepfield Networks Inc., a US-based real-time analytics provider for IP network performance management and security, which will contribute to Nokia’s IP/Optical Networks operating segment. Sightcorp provides its audience measurement and real-time video analytics solution to TEDx Amsterdam, which measures real-time audience response to each TEDx talk.

Market Event Factors Analysis:

Market driver:
• Increasing market invasion of new technologies
• For a full detailed, view our report

Market challenge:
• Stringent regulatory challenges in Crowd Analytics applications
• For a full detailed, view our report

Market trend:
• Rising demand for Crowd Analytics in the market
• For a full detailed, view our report

The report additionally wraps the boosters responsible for the growth of this market. It also adds the restrainers that can hamper the growth of this market. Further, report discusses on the lucrative opportunities that can show growth in the market during the forecast period. The thorough segmentation of the Crowd Analytics market is also included as the subsequent part of this market research study.

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