[April 17, 2017]

Global $1.2 Billion Crowd Analytics Market Insights, Opportunity, Analysis 2017-2023 - Research and Markets

Research and Markets has announced the addition of the "Global Crowd Analytics Market Insights, Opportunity, Analysis, Market Shares And Forecast 2017 - 2023" report to their offering.

The global crowd analytics market has generated the revenue of $ 385.1 million in 2016 and is anticipated to reach up to $1200 million at a CAGR of 24.3% in the forecast period.

The increasing demand of security concerns, rising adoption of intelligent videos systems, rising demand of BI solutions and increasing demand of analytics software and solutions are some of the key drivers which helps to increase the market of crowd analytics globally.

Due to increasing demand of business intelligence software and solutions in various verticals and rising installation of advanced featured surveillance systems helps to increase the market of crowd analytics in Asia Pacific region. In addition to this, the North America region holds the largest market share due to high focus on innovations with the help of reseach, development and technology in economically developed region in North American countries such as US and Canada. Due to early technology adoption culture and highly advance IT infrastructure in North American region helps to increase the market of crowd analytics in North America region.

Some of the major companies of the global crowd analytics market are

• Crowd Vision
• Nokia (News - Alert) Corporation
• Agt International
• Nec Corporation
• Walkbase
• Spigit, Inc.
• Sightcorp Bv.
• Wavestore
• Savannah Simulations Ag
• Crowdanalytix, Inc.
• Securion Systems
• Crowd Dynamics

Market Determinants

Market Drivers & Market Impact

• Increasing Demand of Security Concerns
• Increasing Adoption of Intelligent Videos Systems
• Rising Demand of Bi Solutions
• Increasing Demand of Analytics Software And Solutions

Market Restraints

• High Initial Installation Cost
• Requirement of It Infrastructure As a Platform Which Increases the Venders Cost.

Market Opportunities

• Availability of Cloud Based Crowd Analytics
• Rising Government Funding for Smart Cities

Market Challenges

• High Concerns Related to Data Security
• Requirement of High Speed Internet for Real Time Technology

For more information about this report visit http://www.researchandmarkets.com/research/92vs9z/global_crowd

View source version on businesswire.com: http://www.businesswire.com/news/home/20170417005510/en/

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