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Highest CAGR +25.7% of Global Crowd Analytics Market with Increasing Security Threats and Need for Intelligent Video Systems in Forecast Year 2017-2024

Press release from: Data Bridge Market Research
Global Crowd Analytics Market
Global Crowd Analytics Market


Market Definition:

Crowd analytics is a business solution that is into tracking the real time data and interpreting it with the movement of objects or group in the mass gathering places, for instance malls, airports, stadium, and others. It is widely applicable in consumer packaged goods and retail, travel and tourism, transportation, media and entertainment, public safety, healthcare and life sciences, banking, financial services, and insurance, and others. Increasing need for BI solutions and increasing security threats and need for intelligent video systems may act as the major driver in the growth of crowd analytics market. On the other side, high initial upfront cost may hamper the market.

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The Global Crowd Analytics Market accounted for USD 402.2 million in 2016 growing at a CAGR of 25.7% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Global Crowd Analytics Market, By Geography; Component (Solutions, Services); Application (Customer Management, Marketing Campaign Measurement, Market Forecasting, Pricing Analytics, Revenue Optimization, Incident Response & Alerting); Deployment Model; Organization Size; Vertical – Industry Trends and Forecast to 2024

Major Market Competitors:

Some of the major players of the global crowd analytics market are Nokia, AGT International GmbH, NEC Technologies India Private Limited, Walkbase, SPIGIT, INC., Sightcorp, Wavestore, Savannah Simulations, CrowdANALYTIX Inc., Securion Systems, Crowd Dynamics, and Geodan, HORIBA MIRA Ltd., and others.

Major market drivers & restraints:

• Increasing need for BI solutions
• Increasing security threats and need for intelligent video systems
• Increased spending on analytics tools and solutions
• High initial upfront cost

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Market Segmentation:

The global crowd analytics market is segmented on the basis of component into solutions, and services. The services segment is further sub-segmented into managed services, and professional services. The professional services segment is further sub-segmented into system integration, training and education, support and maintenance, consulting.

On the basis of application, the global crowd analytics market is segmented into customer management, marketing campaign measurement, market forecasting, pricing analytics, revenue optimization, and incident response and alerting.

On the basis of deployment model, the global crowd analytics market is segmented into on-premises, and cloud.

On the basis of organization size, the global crowd analytics market is segmented into small and medium enterprises, and large enterprises.

On the basis of vertical, the global crowd analytics market is segmented into consumer packaged goods and retail, travel and tourism, transportation, media and entertainment, public safety, healthcare and life sciences, banking, financial services, and insurance, and others.

On the basis of geography, the global crowd analytics market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

Industry Share Analysis:

The report for crowd analytics market analysis include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.

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About Data Bridge Market Research:
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