Global Crowd Analytics Market Report to 2030 - Featuring AGT International, Crowd Dynamics International, Crowd Vision and Geodan Next Among Others - ResearchAndMarkets.com
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.
The "Crowd Analytics Market By Solutions, By Deployment Mode, By Application, By End User: Global Opportunity Analysis and Industry Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering.
According to this report the crowd analytics market size was valued at $912.68 million in 2020, and is estimated to reach $5.7 billion by 2030, growing at a CAGR of 20.4% from 2021 to 2030.
Key Market Players
- AGT International GmbH
- Crowd Dynamics International
- Crowd Vision Limited
- Geodan Next
- Mira
- Nec Corporation
- Nokia Corporation
- Savannah Simulations AG
- Spigit
- Walkbase
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.
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
For more information about this report visit https://www.researchandmarkets.com/r/4cmpol
View source version on businesswire.com: https://www.businesswire.com/news/home/20221025005971/en/