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Crowd Analytics Market : From $912.68 Million In 2020 To $5.7 Billion By 2030 Growing At A CAGR Of 20.4%
(MENAFN- EIN Presswire)
WILMINGTON, NEW CASTLE, DE, UNITED STATES, December 17, 2024 /EINPresswire / -- According to a new report published by Allied market Research, titled,“Crowd Analytics Market Share, Size, Competitive Landscape and Trend Analysis Report, by Solutions, by Deployment Mode, by Application, by End User : Global Opportunity Analysis and industry Forecast, 2020-2030".
The global crowd analytics market size was valued at $912.68 million in 2020, and is projected to reach $5.7 billion by 2030, growing at a CAGR of 20.4% from 2021 to 2030.
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By deployment model, the cloud segment is expected to grow a fastest CAGR during the crowd analytics market forecast period. The cloud-based deployment model does not involve capital cost and is low on maintenance requirements. Hence, it is mostly preferred by SMEs. Direct IT control, internal data delivery & handling, faster data processing, efficient resource utilization, and cost effectiveness of cloud deployment are some of the advantages offered by this model, which are anticipated to boost the 0 market growth.
Region wise, North America dominated the market in 2020, and is expected to maintain this trend during the forecast period. The market is driven by factors, such as market developments, strong economic growth, ongoing commercialization, and increased in ICT spending by government on various projects including, home land security, tourism, and other people management programs.
The global economy has suffered as a result of COVID-19's resurgence. Crowd analytics market trends from a few industrial verticals have resulted in significant financial losses, owing to the lockdowns imposed by governments throughout the globe to prevent further spread of the contamination. Retail outlets; stores; shopping malls; workplaces & working environments; transportation frameworks such as aircraft, rail, street, ; motels; restaurants; bars & clubs; schools; universities; and colleges are significantly impacted. In addition, public gatherings have been kept to minimum. However, restrictions are gradually being relaxed to aid the recovery of the affected regions and to re-energize the global economy. This is expected to support the growth of crowd analytics industry in future.
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Leading Market Players :
AGT International GmbH,
Crowd Dynamics,
Crowd Vision Limited,
GEODAN,
MIRA,
NEC Corporation,
Nokia Corporation,
Savannah Simulations,
Spigit, Inc. (Planview),
Walkbase (STRATACACHE).
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Key Findings Of The Study :
By solution, the software segment led the highest crowd analytics market share, in terms of revenue in 2020.
On the basis of end user, the transportation segment is expected to exhibit the fastest growth rate during the forecast period.
Region wise, North-America generated the highest revenue in 2020.
Read More Reports :
Connected Device Analytics Market
Hyperconnectivity Market
Enterprise Data Management Market
Maritime Digitization Market
Language Translation Software Market
Micro-Mobile Data Center Market
About us :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
The global crowd analytics market size was valued at $912.68 million in 2020, and is projected to reach $5.7 billion by 2030, growing at a CAGR of 20.4% from 2021 to 2030.
Get Research Report Sample Pages :
By deployment model, the cloud segment is expected to grow a fastest CAGR during the crowd analytics market forecast period. The cloud-based deployment model does not involve capital cost and is low on maintenance requirements. Hence, it is mostly preferred by SMEs. Direct IT control, internal data delivery & handling, faster data processing, efficient resource utilization, and cost effectiveness of cloud deployment are some of the advantages offered by this model, which are anticipated to boost the 0 market growth.
Region wise, North America dominated the market in 2020, and is expected to maintain this trend during the forecast period. The market is driven by factors, such as market developments, strong economic growth, ongoing commercialization, and increased in ICT spending by government on various projects including, home land security, tourism, and other people management programs.
The global economy has suffered as a result of COVID-19's resurgence. Crowd analytics market trends from a few industrial verticals have resulted in significant financial losses, owing to the lockdowns imposed by governments throughout the globe to prevent further spread of the contamination. Retail outlets; stores; shopping malls; workplaces & working environments; transportation frameworks such as aircraft, rail, street, ; motels; restaurants; bars & clubs; schools; universities; and colleges are significantly impacted. In addition, public gatherings have been kept to minimum. However, restrictions are gradually being relaxed to aid the recovery of the affected regions and to re-energize the global economy. This is expected to support the growth of crowd analytics industry in future.
Procure Complete Research Report Now : /purchase-options
Leading Market Players :
AGT International GmbH,
Crowd Dynamics,
Crowd Vision Limited,
GEODAN,
MIRA,
NEC Corporation,
Nokia Corporation,
Savannah Simulations,
Spigit, Inc. (Planview),
Walkbase (STRATACACHE).
Inquire Before Buying :
Key Findings Of The Study :
By solution, the software segment led the highest crowd analytics market share, in terms of revenue in 2020.
On the basis of end user, the transportation segment is expected to exhibit the fastest growth rate during the forecast period.
Region wise, North-America generated the highest revenue in 2020.
Read More Reports :
Connected Device Analytics Market
Hyperconnectivity Market
Enterprise Data Management Market
Maritime Digitization Market
Language Translation Software Market
Micro-Mobile Data Center Market
About us :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Market Research
+1 800-792-5285
email us here
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