Press release
Global Crowd Analytics Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017 - 2025
Increasing demand for crowd analytics in retail industry is major factor driving growth of the marketIncreasing demand for insights of the consumer behaviour and real time market intelligence to strategize the business in achieving the long term sustainability is major factor, which increased the demand for crowd analytics in consumer packaged goods and retail segment. Adoption of crowd analytics services and solutions in the retail segment allows for effective demand prediction, identifying and targeting relevant customers. Furthermore, various organisations such as Nokia, Huawei and Walkbase, and Fast shop (a Brazilian retailer) are launching the various crowd analytics services. For instance, Huawei, a leading ICT solutions provider and Walkbase, IoT analytics platform provider announced a crowd analytics and marketing solution in 2016, which will provide crowd analytics services to retailers to accordingly enhance the customer experiences.
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Global Crowd Analytics Market: Regional Insights
North America is expected to have the largest market share in the crowd analytics market over the forecast period, owing to increasing demand for the security concerns and the need for the intelligent video systems, which is one of the major driver for growth of the crowd analytics market in this region. Most of the economies such as U.S. and Canada have invested on improving security and safety measures at the public places such retail malls, airports, railway stations, bus stands, and others to prevent suspicious acts and troublesome incidents. This have increased the need for intelligent video systems, which are propelling growth of crowd analytics market. According to National priorities project organization, 2015, the U.S. government funded US$ 598.5 billion for defence and security purpose.
Global Crowd Analytics Market: Competitive Background
Major players operating in crowd analytics market include Nokia Corporation, AGT International (Switzerland), NEC Corporation, Sightcorp, Walkbase, Spigit, Inc. (U.S.), Wavestore, Savannah Simulations AG, CrowdANALYTIX, Inc., Securion Systems, and Sightcorp.
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
Visit Our New Website: http://www.coherentchronicle.com
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