Seattle, WA -- (SBWIRE) -- 09/26/2019 -- Global Crowd Analytics Market Report presents a vigorous vision to conclude and research market size, market scope and competitive environment. The study is derived from primary and secondary statistical data and consists of qualitative and numerical analysis.

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Crowd Analytics Market Research focuses on the key trends prevailing in the Global Crowd Analytics Industry sector. The existing Crowd Analytics Market scenario has been studied and future projections with respect to the sector have also been investigated. Crowd Analytics Market study report comprises evaluation of numerous influential factors including industry overview in terms of historic and present situation, key manufacturers, application and types, key regions and marketplaces, forecast estimation for global market share, revenue and CAGR.

Crowd analysis is interpretation of information obtained by examining the natural actions of objects or groups of people. It collects and aggregates information related to the people and their everyday lives. Managing and understanding the activities of crowd is very challenging in various sectors such as logistics for smart hub organization, security in big public events, and operational productivities for retail networks. Crowd analytics solutions include various modeling and statistical capabilities, such as behavioral model, microscopic model, conflict estimation, and complex network analysis.

Increasing demand for insights of the consumer behavior 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 organizations 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.

Global Crowd Analytics Market Taxonomy:

On basis of components, the global crowd analytics market is segmented into:

-Solution
-Service

On basis of application, the global crowd analytics market is segmented into:

-Market Forecasting
-Revenue Forecasting
-Customer Management
-Pricing Analytics

On basis of end users, the global crowd analytics market is segmented into:

-Transportation
-Retail
-Healthcare
-Others

On basis of region, the global crowd analytics market is segmented into:

-North America
-Europe
-Asia Pacific
-Latin America
-Middle East
-Africa

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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 drivers for growth of the crowd analytics market in this region.

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.