The latest report by IMARC Group, titled “Crowd Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the crowd analytics market demand. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global crowd analytics market size reached USD 1,784.2 Million in 2023. Looking forward, IMARC Group expects the market to reach USD 9,247.3 Million by 2032, exhibiting a growth rate (CAGR) of 19.5% during 2024-2032.
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Crowd Analytics Market Trends:
The global market is majorly driven by the increasing focus on public safety and security. With the rise in urbanization and the concentration of large populations in public spaces such as airports, shopping malls, stadiums, and events, there is a growing need for advanced technologies that can monitor and analyze crowd behavior. Another significant driver is the growing demand for smart city initiatives.
As cities worldwide aim to become smarter and more connected, the need for efficient crowd management systems is becoming increasingly important. Governments and municipal authorities are increasingly investing in these solutions to enhance urban infrastructure and ensure the smooth functioning of city services. Moreover, the rising need for business intelligence and customer insights in retail and event management sectors is bolstering the market.
Crowd Analytics Market Scope and Growth Analysis:
The global crowd analytics market encompasses a wide range of solutions designed to analyze and interpret crowd behavior in various settings. The scope of the market is broad, covering applications in public safety, transportation, retail, event management, and more. These solutions utilize advanced technologies such as AI, ML, and big data to provide actionable insights into crowd dynamics, enabling organizations to make informed decisions and optimize their operations. Market analysis indicates that the global crowd analytics market is poised for significant growth in the coming years.
This growth is driven by the increasing adoption of smart technologies and the rising demand for real-time crowd monitoring solutions. The market is witnessing strong demand from sectors such as transportation, where crowd analytics is used to manage passenger flow, reduce congestion, and improve safety. Similarly, the retail and event management industries are increasingly relying on crowd analytics to enhance customer experiences and optimize space utilization.
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Competitive Landscape
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- AGT International
- Crowd Dynamics
- Crowd Vision Limited (Skyfii Limited)
- CrowdANALYTIX
- Mira
- NEC Corporation
- Nokia Oyj
- Planview Inc.
- Savannah Simulations AG
- Sightcorp
- Walkbase (Stratacache).
Crowd Analytics Market Segmentation:
Our report has categorized the market based on region, component, deployment mode, application and end user.
Breakup by Component:
- Solution
- Services
Breakup by Deployment Mode:
- On-premises
- Cloud-based
Breakup by Application:
- Safety and Security
- Crowd Flow Management
- Mobility and Tracking
- Others
Breakup by End User:
- Transportation
- Retail
- Hospitality and Tourism
- Others
Breakup by Region:
- North America (USA, Canada)
- Europe (Germany, France, UK, Italy, Spain, Russia, others)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, others)
- Middle East/Africa
- Latin America (Brazil, Mexico, others)
Key Highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About US:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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