Market.Biz: The Global Crowd Analytics Market report that particularly highlights the Crowd Analytics market along with its growing trends and technologies in upcoming years. The report analyzes current Crowd Analytics market by intensely examining the historical information of Crowd Analytics market and anticipating the future requirement and tendencies during the forecast period from 2017 to 2022.
Crowd Analytics Market: Overview
Crowd Analytics is a form of data science techniques that analyses the behavioural pattern towards any product or services by use of social network and crowd sourced data as platform. Increasing demand for crowd analytics solutions among SMEs and large enterprises is result of cost effectiveness, flexibility and efficiency that clod offers towards deployment of analytical solutions.
The Global Crowd Analytics Market was estimated USD 390.1 million in 2016 and expected to reach USD 1.17 billion by the end of 2021, with a CAGR of 24.6% from 2016 to 2021.
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Further, the report figures out the current market outline and fundamental factors that assist the growth of Crowd Analytics industry. A complete analysis of Crowd Analytics market is done based on market volume, types of products, purchase, dominant geographical regions, leading market players, and price analysis.
The report organizes the global Crowd Analytics market based on:
Major leading players in Crowd Analytics market:
AGT International, Crowd Dynamics, Crowdanalytix, NEC Corporatio, Nokia Corporation, Sightcorp BV, Spigit, Walkbase
Essential regions involved in Crowd Analytics market:
- North America Crowd Analytics Market
- Crowd Analytics Market in Europe
- Asia-Pacific Crowd Analytics Market
- Southeast Asia
Basic product types:
The report segments the global crowd analytics market by application, by component, by deployment mode, by vertical and by region. The application includes customer management, incident response and alerting, market forecasting, marketing campaign measurement, pricing analytics and revenue optimization. The component includes services and standalone solution. The deployment mode includes cloud and on-premises. The vertical includes BFSI, consumer packaged goods and retail, healthcare, media and entertainment, public safety, transportation, travel and tourism and among others.
The consistent global demand for Crowd Analytics provide positive growth opportunities for Crowd Analytics market.The report identified that the global Crowd Analytics market is driven by factors such as massive growth in Technology and Media industry and commercial application of Technology and Media in food packaging industry. The growing demand from Technology and Media industries are expected to drive the global Crowd Analytics market. The growth in the Global Crowd Analytics Market is likely to be restrained by factors such as High investment costs and longer duration of implementation.
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At the end, the report throws the light on cost breakup, import/export details, their contribution to increase the revenue of the Crowd Analytics market globally and the manufacturing volume. Finally, the report evaluates the research findings and conclusion along with the appendix.