Crowd Analytics Market By Solutions (Software, Service), By Deployment Mode (On-premise, Cloud), By Application (Mobility and Tracking, Crowd Flow Management, Safety and Security, Others), By End User (Transportation, Retail, Hospitality and Tourism, Others): Global Opportunity Analysis and Industry Forecast, 2020-2030
Process of evaluating data on the natural movement of people or objects is known as crowd analytics. Crowd monitoring analytics looks at how a group of people travels and when that pattern changes. The data is used by researchers to forecast future population movement and density as well as prepare reactions to prospective incidents that necessitate evacuation routes. Crowd analytics consists various applications, including video game crowd simulation and security & surveillance.
There is increase in expenditure on analytics tools and solutions, owing to rise in need for business intelligence (BI) solutions, which, in turn, drives the growth of the market. It has many applications in supply chain & logistics, BFSI, manufacturing, and retail, which are changing market dynamics. In addition, increase in demand for crowd analytics solutions among small and medium enterprises and large businesses fuels the growth of the crowd analytics market . However, the market's expansion is hampered by the hefty initial outlay. Cloud analytics is the process of analyzing data in a private or public cloud using analytic algorithms and then delivering the desired output, which requires high upfront costs. On the contrary, the market's growth is likely to be aided by increase in demand for solutions in the retail and FMCG industries in upcoming years. In addition, governments and defense agencies are increasingly concerned about the protection and security of critical infrastructure, commercial buildings, and public safety as criminal activity, terrorist attacks, and other security threats have increased, which are expected to provide lucrative opportunities for the market growth in the coming years.
The crowd analytics market is segmented on the basis of solution, deployment model, application, end user, and region. By solution, it is differentiated into software and service. Depending on deployment model, it is fragmented into on-premise and cloud. As per the application, it is classified into safety & security, crowd flow management, mobility & tracking, and others. According to the end-user, it is categorized into transportation, retail, hospitality & tourism, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global crowd analytics market analysis includes top companies operating in the market such as AGT International GmbH, Crowd Dynamics, Crowd Vision Limited, GEODAN, MIRA, NEC Corporation, Nokia Corporation, Savannah Simulations, Spigit, Inc. (Planview), and Walkbase (STRATACACHE). These players have adopted various strategies to increase their market penetration and strengthen their position in the global crowd analytics industry.
KEY BENEFITS FOR STAKEHOLDERS
The study provides in-depth analysis of the global crowd analytics market share along with current trends and future estimations to illustrate the imminent investment pockets.
Information about key drivers, restrains, and opportunities and their impact analysis on the global crowd analytics market size are provided in the report.
The Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the global crowd analytics market.
An extensive analysis of the key segments of the industry helps to understand the global crowd analytics market trends.
The quantitative analysis of the global crowd analytics market forecast from 2021 to 2030 is provided to determine the market potential.
Key Market Segments
By Solutions
Software
Service
By Deployment Mode
On-premise
Cloud
By Application
Mobility and Tracking
Crowd Flow Management
Safety and Security
Others
By End User
Retail
Transportation
Hospitality and Tourism
Others
By Region
North America
U.S.
Canada
Europe
United Kingdom
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
AGT INTERNATIONAL GMBH
CROWD DYNAMICS INTERNATIONAL
CROWD VISION LIMITED
GEODAN NEXT
MIRA
NEC CORPORATION
NOKIA CORPORATION
SAVANNAH SIMULATIONS AG
SPIGIT
WALKBASE
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