DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Crowd Analytics Market: Trends Analysis & Forecasts to 2021" report to their offering.
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.
Now a days Organizations practices the different techniques in order to gain the psychological and behavioral elements of the consumer mind. Crowd Analytics is a form of data science techniques that analyses the behavioral 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.
Crowd analytics allows the organization to gain competitive advantage of highest customer satisfaction ratio in the market with the genuine perspective of their consumer or how their consumer is going to respond on certain product or services. High demand for Business intelligence solution in current scenario is one of the major driver that is propelling the growth of the crowd analytics market. Furthermore, factors such as increasing instances of breach in physical security, rising need intelligent video systems and increasing attractiveness of BI tools for business decision making are driving the significant market growth. However, high initial investment and data security issues hinder the market growth.
- AGT International
- Crowd Dynamics
- NEC Corporation
- Nokia Corporation
- Sightcorp BV
Key Topics Covered:
2. Executive Summary
3. Global Crowd Analytics Market Overview
4. Global Crowd Analytics Market Analysis, by Application 2015-2021
5. Global Crowd Analytics Market Analysis, by Component 2015-2021
6. Global Crowd Analytics Market Analysis, by Deployment Mode 2015-2021
7. Global Crowd Analytics Market Analysis, by Vertical 2015-2021
8. Global Crowd Analytics Market Analysis, by Region 2015-2021
9. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/gttgvh/global_crowd