Global Crowd Analytics Market

Crowd Analytics Market Size, Share, Growth Analysis, By Component(Standalone solution, and Services (professional services (System integration, Training and education, Support and maintenance), By Deployment Mode(On-Premises, and Cloud), By Organization Size(SMEs and Large Enterprises), By Application(Customer Management, Marketing Campaign Measurement, Market Forecasting, Pricing Analytics), By Industry Vertical(Consumer-Packaged Goods (CPG) and Retail, Travel and Tourism, Transportation, Media and Entertainment), By Region - Industry Forecast 2025-2032


Report ID: SQMIG45A2336 | Region: Global | Published Date: October, 2024
Pages: 197 | Tables: 111 | Figures: 77

Crowd Analytics Market Insights

Crowd Analytics Market size was valued at USD 1.76 Billion in 2023 and is poised to grow from USD 2.19 Billion in 2024 to USD 12.48 Billion by 2032, growing at a CAGR of 24.3% during the forecast period (2025-2032).

The global Crowd Analytics market has witnessed a rapid growth. With a significant shift of business towards customer-centric point of view, the adoption of crowd analytics software has escalated specially in retail and tourism sector which led the businesses to make insightful decisions, increase in efficiency and profits as well as better consumer experience. Moreover, the growing number of tourists, along with the increasing emphasis of governing authorities on developing smart cities, is catalysing the need for crowd analytics solutions.

According to the International Air Transport Association (IATA), the annual global passenger traffic results for 2021 depicting that demand (revenue passenger kilometres or RPKs) declined by 58.4% compared to the full year of 2019. This represented an improvement compared to 2020, when full year RPKs were dropped to 65.8% compared to 2019.

Many developed as well as developing countries in North America, Europe and Asia-Pacific regions have increased their Information and Communication Technology (ICT) spending on crowd analytics software, services and solutions, due to the increase in need for public management system. In addition to that, the key market players are collaborating with other companies to introduce advanced services.

For instance, The Indoor Lab, a US-based performance analytics service provider, partnered with Cepton, a leading provider of lidar-based solutions, to deliver state-of-the-art space and crowd analytics with unparalleled social distancing and cleaning metrics. Furthermore, due to the outbreak of coronavirus disease (COVID-19), crowd analytics solutions are gaining traction around the world to monitor social distancing among individuals in crowds.

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Crowd Analytics Market size was valued at USD 1.76 Billion in 2023 and is poised to grow from USD 2.19 Billion in 2024 to USD 12.48 Billion by 2032, growing at a CAGR of 24.3% during the forecast period (2025-2032).

The global Crowd Analytics market is intensely competitive, with several global and regional players present in the market competing for market share. Players are continuously focusing on strategies such as mergers and acquisitions, partnerships and collaborations to maintain their position in the market. For instance, NEC has engaged in various partnerships and collaborations to strengthen its position in the crowd analytics market. For instance, NEC collaborated with The New Energy and Industrial Technology Development Organization (NEDO) to develop an AI-based crowd behavior analysis system for public safety and security applications. Many major players provide a wide variety of Crowd Analytics services which consists of app development platforms, cloud storage and cloud security solutions. For example, Nokia partnered with Amazon Web Services (AWS) to develop a cloud-based crowd insights platform that combines Nokia's analytics capabilities with AWS's cloud infrastructure. They mostly focus on strengthening the security measures, expanding storage capacities and enabling seamless integration with mobile applications. They provide customized solutions to cater to the needs of their clients and enhance their customer satisfaction. The market is expected to gain market share and strengthen their position in the market. 'Nokia Corporation (Finland) ', 'AGT International (Switzerland) ', 'NEC Corporation (Japan) ', 'Walkbase (Finland) ', 'Spigit, Inc. (USA) ', 'Sightcorp BV (Netherlands) ', 'Wavestore (UK) ', 'Savannah Simulations AG (Switzerland) ', 'Crowdanalytix, Inc. (USA) ', 'Securion Systems (Poland) ', 'Crowd Dynamics (UK) ', 'Geodan (Netherlands) ', 'Ubimo (USA) ', 'CrowdVision (UK) ', 'Kairos AR, Inc. (USA) ', 'Munich Airport International GmbH (Germany) ', 'ARMORWAY, Inc. (USA) ', 'iOmniscient Pty Ltd. (Australia) ', 'Axis Communications AB (Sweden) ', 'Allied Telecom Group LLC (USA)'

There has been significant growth in terrorism threats. The defence and security of major infrastructure, commercial buildings and public’s safety has been a priority for governments and defence organisations across the world. Increasing concerns regarding the safety and security in crowded environments like airports, stadiums, concerts or any public events etc drives the demand for crowd analytics services and solutions. These solutions help authorities monitor crowd behaviour, detect anomalies, and prevent potential security threats.

Personalised marketing continues to be a dominating trend with brands and leveraging analytics and AI to create a carefully crafted experiences for individuals.

Based on the geography, the global crowd analytics market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Among these regions, North America holds a major part of the market and has been estimated to contribute up to 43% in the growth rate. This region is known for its adoption of advanced technology, strong internet connectivity and high concentration of retail chain, transportation and operations as well as many entertainment establishments. North America cities consists of huge number of tech-companies and startups providing crowd analytics as well as the development of innovations. Enabling them an easy use of skilled workforce and sophisticated infrastructure. This area is also characterized by its strong data centric attitude and businesses in several industries which are rapidly moving towards data analytics to achieve insights and to remain in competition. Additionally, the region also has strict data quality and security regulations the limits the data providers to analytics solutions which can satisfy the requirements. North America is also moving forward in the segment of crowd analytics, the region being the leading in terms of cutting-edge advancements and adoption of these solutions.

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Global Crowd Analytics Market

Report ID: SQMIG45A2336

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