The Crowd Management and Event Security Market is expected to register a CAGR of 20.1 % from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Component (Solution, Services); Deployment Type (Cloud, On-premises); Enterprise Size (Small and Medium-Size Enterprises, Large Enterprises); End-user (Transportation, Retail, Hospitality and Tourism, Others). The global analysis is further broken-down at regional level and major countries. The report offers the value in USD for the above analysis and segments
Purpose of the ReportThe report Crowd Management and Event Security Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Crowd Management and Event Security Market Segmentation
Component- Solution
- Services
- On-Premise
- Cloud
- Small and Medium-Size Enterprises
- Large Enterprises;
- Transportation
- Retail
- Hospitality and Tourism
Strategic Insights
Crowd Management and Event Security Market Growth Drivers- Increasing Occurrences of Large Televised Events: Increased size and frequency in public events such as concerts, sporting activities, festivals etc. is a primary factor affecting growth of the crowd management and event security market. Given the nature of the events, huge numbers of people attend them and therefore there is a need to manage them effectively and have preferred security. More… has led organizers to spend more on technologies and skilled personnel for the safety of persons coming for the events, managing disturbances as well as outbursts from the audience that may pose a threat to the peaceful conduction of the events. Such trends have and continue to boost investments in the sector more so as the events managers are seeking ways of improving their management systems.
- Technological Advancements in Security Solutions: The inclusion of sophisticated solutions like artificial intelligence (AI), machine learning, and big data analytics in crowd management and event security strategies is impressive. These solutions guide the security officers to watch the crowds, assess risks, and take appropriate action in case of any threats. For example, surveillance systems powered by artificial intelligence can assess the crowd’s moving patterns and even identify when something is wrong with the movement prompting some action. Since the state of the art solutions focused on improving safety and organizational effectiveness are embraced by more of the institutions, the service provision in relation to crowd management and event security will also develop a higher level of demand.
- Rising Security Threats and Terrorism Risks: Heightened concerns over public safety, including the risk of terrorist attacks, violent protests, and other security threats, have increased the demand for advanced event security solutions. The need to detect and prevent potential security breaches, ensure the safety of attendees, and respond to emergency situations is driving the growth of the crowd management and event security market. With the rising global threat landscape, organizations are adopting sophisticated security technologies and strategies to safeguard their events and mitigate risks.
- Crowd control holding at bay effective emergency response systems: the trend towards unified solutions for crowd control and emergency response is gaining popularity in the market. With the heightened concerns of public safety, event planners are considering the need to appropriately link crowd management and emergency services. This integration reduces the effective cure time of crises and also provides confidence that security personnel will be equipped to respond to crises. In light of the fact that organizations are starting to emphasize on all round safety, the need for crowd control and emergency response systems is likely to increase Looking ahead.
- Enhanced Focus on Crowd Flow Optimization and Safety: There is a growing trend towards optimizing crowd flow during events to reduce congestion, prevent stampedes, and ensure safe evacuation in case of an emergency. Event organizers are using data-driven approaches to analyze crowd behavior and movement patterns, enabling them to design more efficient event layouts, manage entry/exit points, and control crowd density. Technologies like AI, smart ticketing, and crowd simulation models are being utilized to improve crowd control measures and enhance the overall safety and experience of attendees.
- Rise in Demand for Smart Cities Development: The smart city initiatives open new vistas for the crowd management and event security industry. As cities begin to deploy smart tools to enhance quality of urban life, integrative crowd management systems that use information from various sources such as social networks and traffic feeds become unavoidable. Real-time and predictive data allows city planners and event organizers to improve crowd safety and better allocate resources during busy events. This transition towards the smart city model is expected to propel the need for advanced crowd management tools.
- Safety Management Systems, Regulations and Standards: In recent years, as the public and agencies have become more aware of safety and security issues, more and more governments and authorities have adopted strict safety management measures in events of public gatherings. This means that crowd management and event security solutionsist can provide a more compliance-oriented intervention that enables the distressed entity to calm fears of the event. Such services and solutions that assure safety management in events can help the firms earn credibility in the overall event organization process. Compliance however covers not only the enhancement of public safety but the need for compliance cuts across the market because organizations seek to control exposure to liabilities that arise from failure to comply with such provisions.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Crowd Management and Event Security Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Crowd Management and Event Security Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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Frequently Asked Questions
Some of the customization options available based on the request are an additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
Crowd control holding at bay effective emergency response systems is anticipated to play a significant role in the global crowd management and event security market in the coming years
The major factors driving the crowd management and event security market are:
1. Increasing Occurrences of Large Televised Events
2. Technological Advancements in Security Solutions
The crowd management and event security market is estimated to witness a US$ XX Million by 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Crowd Management And Event Security Market - By Component
1.3.2 Crowd Management And Event Security Market - By Deployment Type
1.3.3 Crowd Management And Event Security Market - By Enterprise Size
1.3.4 Crowd Management And Event Security Market - By End-user
1.3.5 Crowd Management And Event Security Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CROWD MANAGEMENT AND EVENT SECURITY MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. CROWD MANAGEMENT AND EVENT SECURITY MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. CROWD MANAGEMENT AND EVENT SECURITY MARKET - GLOBAL MARKET ANALYSIS
6.1. CROWD MANAGEMENT AND EVENT SECURITY - GLOBAL MARKET OVERVIEW
6.2. CROWD MANAGEMENT AND EVENT SECURITY - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CROWD MANAGEMENT AND EVENT SECURITY MARKET - REVENUE AND FORECASTS TO 2028 – COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. SOLUTION
7.3.1. Overview
7.3.2. Solution Market Forecast and Analysis
7.4. SERVICES
7.4.1. Overview
7.4.2. Services Market Forecast and Analysis
8. CROWD MANAGEMENT AND EVENT SECURITY MARKET - REVENUE AND FORECASTS TO 2028 – DEPLOYMENT TYPE
8.1. OVERVIEW
8.2. DEPLOYMENT TYPE MARKET FORECASTS AND ANALYSIS
8.3. CLOUD
8.3.1. Overview
8.3.2. Cloud Market Forecast and Analysis
8.4. ON-PREMISES
8.4.1. Overview
8.4.2. On-premises Market Forecast and Analysis
9. CROWD MANAGEMENT AND EVENT SECURITY MARKET - REVENUE AND FORECASTS TO 2028 – ENTERPRISE SIZE
9.1. OVERVIEW
9.2. ENTERPRISE SIZE MARKET FORECASTS AND ANALYSIS
9.3. SMALL AND MEDIUM-SIZE ENTERPRISES
9.3.1. Overview
9.3.2. Small and Medium-Size Enterprises Market Forecast and Analysis
9.4. LARGE ENTERPRISES
9.4.1. Overview
9.4.2. Large Enterprises Market Forecast and Analysis
10. CROWD MANAGEMENT AND EVENT SECURITY MARKET - REVENUE AND FORECASTS TO 2028 – END-USER
10.1. OVERVIEW
10.2. END-USER MARKET FORECASTS AND ANALYSIS
10.3. TRANSPORTATION
10.3.1. Overview
10.3.2. Transportation Market Forecast and Analysis
10.4. RETAIL
10.4.1. Overview
10.4.2. Retail Market Forecast and Analysis
10.5. HOSPITALITY AND TOURISM
10.5.1. Overview
10.5.2. Hospitality and Tourism Market Forecast and Analysis
10.6. OTHERS
10.6.1. Overview
10.6.2. Others Market Forecast and Analysis
11. CROWD MANAGEMENT AND EVENT SECURITY MARKET REVENUE AND FORECASTS TO 2028 – GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Crowd Management And Event Security Market Overview
11.1.2 North America Crowd Management And Event Security Market Forecasts and Analysis
11.1.3 North America Crowd Management And Event Security Market Forecasts and Analysis - By Component
11.1.4 North America Crowd Management And Event Security Market Forecasts and Analysis - By Deployment Type
11.1.5 North America Crowd Management And Event Security Market Forecasts and Analysis - By Enterprise Size
11.1.6 North America Crowd Management And Event Security Market Forecasts and Analysis - By End-user
11.1.7 North America Crowd Management And Event Security Market Forecasts and Analysis - By Countries
11.1.7.1 United States Crowd Management And Event Security Market
11.1.7.1.1 United States Crowd Management And Event Security Market by Component
11.1.7.1.2 United States Crowd Management And Event Security Market by Deployment Type
11.1.7.1.3 United States Crowd Management And Event Security Market by Enterprise Size
11.1.7.1.4 United States Crowd Management And Event Security Market by End-user
11.1.7.2 Canada Crowd Management And Event Security Market
11.1.7.2.1 Canada Crowd Management And Event Security Market by Component
11.1.7.2.2 Canada Crowd Management And Event Security Market by Deployment Type
11.1.7.2.3 Canada Crowd Management And Event Security Market by Enterprise Size
11.1.7.2.4 Canada Crowd Management And Event Security Market by End-user
11.1.7.3 Mexico Crowd Management And Event Security Market
11.1.7.3.1 Mexico Crowd Management And Event Security Market by Component
11.1.7.3.2 Mexico Crowd Management And Event Security Market by Deployment Type
11.1.7.3.3 Mexico Crowd Management And Event Security Market by Enterprise Size
11.1.7.3.4 Mexico Crowd Management And Event Security Market by End-user
11.2. EUROPE
11.2.1 Europe Crowd Management And Event Security Market Overview
11.2.2 Europe Crowd Management And Event Security Market Forecasts and Analysis
11.2.3 Europe Crowd Management And Event Security Market Forecasts and Analysis - By Component
11.2.4 Europe Crowd Management And Event Security Market Forecasts and Analysis - By Deployment Type
11.2.5 Europe Crowd Management And Event Security Market Forecasts and Analysis - By Enterprise Size
11.2.6 Europe Crowd Management And Event Security Market Forecasts and Analysis - By End-user
11.2.7 Europe Crowd Management And Event Security Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Crowd Management And Event Security Market
11.2.7.1.1 Germany Crowd Management And Event Security Market by Component
11.2.7.1.2 Germany Crowd Management And Event Security Market by Deployment Type
11.2.7.1.3 Germany Crowd Management And Event Security Market by Enterprise Size
11.2.7.1.4 Germany Crowd Management And Event Security Market by End-user
11.2.7.2 France Crowd Management And Event Security Market
11.2.7.2.1 France Crowd Management And Event Security Market by Component
11.2.7.2.2 France Crowd Management And Event Security Market by Deployment Type
11.2.7.2.3 France Crowd Management And Event Security Market by Enterprise Size
11.2.7.2.4 France Crowd Management And Event Security Market by End-user
11.2.7.3 Italy Crowd Management And Event Security Market
11.2.7.3.1 Italy Crowd Management And Event Security Market by Component
11.2.7.3.2 Italy Crowd Management And Event Security Market by Deployment Type
11.2.7.3.3 Italy Crowd Management And Event Security Market by Enterprise Size
11.2.7.3.4 Italy Crowd Management And Event Security Market by End-user
11.2.7.4 United Kingdom Crowd Management And Event Security Market
11.2.7.4.1 United Kingdom Crowd Management And Event Security Market by Component
11.2.7.4.2 United Kingdom Crowd Management And Event Security Market by Deployment Type
11.2.7.4.3 United Kingdom Crowd Management And Event Security Market by Enterprise Size
11.2.7.4.4 United Kingdom Crowd Management And Event Security Market by End-user
11.2.7.5 Russia Crowd Management And Event Security Market
11.2.7.5.1 Russia Crowd Management And Event Security Market by Component
11.2.7.5.2 Russia Crowd Management And Event Security Market by Deployment Type
11.2.7.5.3 Russia Crowd Management And Event Security Market by Enterprise Size
11.2.7.5.4 Russia Crowd Management And Event Security Market by End-user
11.2.7.6 Rest of Europe Crowd Management And Event Security Market
11.2.7.6.1 Rest of Europe Crowd Management And Event Security Market by Component
11.2.7.6.2 Rest of Europe Crowd Management And Event Security Market by Deployment Type
11.2.7.6.3 Rest of Europe Crowd Management And Event Security Market by Enterprise Size
11.2.7.6.4 Rest of Europe Crowd Management And Event Security Market by End-user
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Crowd Management And Event Security Market Overview
11.3.2 Asia-Pacific Crowd Management And Event Security Market Forecasts and Analysis
11.3.3 Asia-Pacific Crowd Management And Event Security Market Forecasts and Analysis - By Component
11.3.4 Asia-Pacific Crowd Management And Event Security Market Forecasts and Analysis - By Deployment Type
11.3.5 Asia-Pacific Crowd Management And Event Security Market Forecasts and Analysis - By Enterprise Size
11.3.6 Asia-Pacific Crowd Management And Event Security Market Forecasts and Analysis - By End-user
11.3.7 Asia-Pacific Crowd Management And Event Security Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Crowd Management And Event Security Market
11.3.7.1.1 Australia Crowd Management And Event Security Market by Component
11.3.7.1.2 Australia Crowd Management And Event Security Market by Deployment Type
11.3.7.1.3 Australia Crowd Management And Event Security Market by Enterprise Size
11.3.7.1.4 Australia Crowd Management And Event Security Market by End-user
11.3.7.2 China Crowd Management And Event Security Market
11.3.7.2.1 China Crowd Management And Event Security Market by Component
11.3.7.2.2 China Crowd Management And Event Security Market by Deployment Type
11.3.7.2.3 China Crowd Management And Event Security Market by Enterprise Size
11.3.7.2.4 China Crowd Management And Event Security Market by End-user
11.3.7.3 India Crowd Management And Event Security Market
11.3.7.3.1 India Crowd Management And Event Security Market by Component
11.3.7.3.2 India Crowd Management And Event Security Market by Deployment Type
11.3.7.3.3 India Crowd Management And Event Security Market by Enterprise Size
11.3.7.3.4 India Crowd Management And Event Security Market by End-user
11.3.7.4 Japan Crowd Management And Event Security Market
11.3.7.4.1 Japan Crowd Management And Event Security Market by Component
11.3.7.4.2 Japan Crowd Management And Event Security Market by Deployment Type
11.3.7.4.3 Japan Crowd Management And Event Security Market by Enterprise Size
11.3.7.4.4 Japan Crowd Management And Event Security Market by End-user
11.3.7.5 South Korea Crowd Management And Event Security Market
11.3.7.5.1 South Korea Crowd Management And Event Security Market by Component
11.3.7.5.2 South Korea Crowd Management And Event Security Market by Deployment Type
11.3.7.5.3 South Korea Crowd Management And Event Security Market by Enterprise Size
11.3.7.5.4 South Korea Crowd Management And Event Security Market by End-user
11.3.7.6 Rest of Asia-Pacific Crowd Management And Event Security Market
11.3.7.6.1 Rest of Asia-Pacific Crowd Management And Event Security Market by Component
11.3.7.6.2 Rest of Asia-Pacific Crowd Management And Event Security Market by Deployment Type
11.3.7.6.3 Rest of Asia-Pacific Crowd Management And Event Security Market by Enterprise Size
11.3.7.6.4 Rest of Asia-Pacific Crowd Management And Event Security Market by End-user
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Crowd Management And Event Security Market Overview
11.4.2 Middle East and Africa Crowd Management And Event Security Market Forecasts and Analysis
11.4.3 Middle East and Africa Crowd Management And Event Security Market Forecasts and Analysis - By Component
11.4.4 Middle East and Africa Crowd Management And Event Security Market Forecasts and Analysis - By Deployment Type
11.4.5 Middle East and Africa Crowd Management And Event Security Market Forecasts and Analysis - By Enterprise Size
11.4.6 Middle East and Africa Crowd Management And Event Security Market Forecasts and Analysis - By End-user
11.4.7 Middle East and Africa Crowd Management And Event Security Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Crowd Management And Event Security Market
11.4.7.1.1 South Africa Crowd Management And Event Security Market by Component
11.4.7.1.2 South Africa Crowd Management And Event Security Market by Deployment Type
11.4.7.1.3 South Africa Crowd Management And Event Security Market by Enterprise Size
11.4.7.1.4 South Africa Crowd Management And Event Security Market by End-user
11.4.7.2 Saudi Arabia Crowd Management And Event Security Market
11.4.7.2.1 Saudi Arabia Crowd Management And Event Security Market by Component
11.4.7.2.2 Saudi Arabia Crowd Management And Event Security Market by Deployment Type
11.4.7.2.3 Saudi Arabia Crowd Management And Event Security Market by Enterprise Size
11.4.7.2.4 Saudi Arabia Crowd Management And Event Security Market by End-user
11.4.7.3 U.A.E Crowd Management And Event Security Market
11.4.7.3.1 U.A.E Crowd Management And Event Security Market by Component
11.4.7.3.2 U.A.E Crowd Management And Event Security Market by Deployment Type
11.4.7.3.3 U.A.E Crowd Management And Event Security Market by Enterprise Size
11.4.7.3.4 U.A.E Crowd Management And Event Security Market by End-user
11.4.7.4 Rest of Middle East and Africa Crowd Management And Event Security Market
11.4.7.4.1 Rest of Middle East and Africa Crowd Management And Event Security Market by Component
11.4.7.4.2 Rest of Middle East and Africa Crowd Management And Event Security Market by Deployment Type
11.4.7.4.3 Rest of Middle East and Africa Crowd Management And Event Security Market by Enterprise Size
11.4.7.4.4 Rest of Middle East and Africa Crowd Management And Event Security Market by End-user
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Crowd Management And Event Security Market Overview
11.5.2 South and Central America Crowd Management And Event Security Market Forecasts and Analysis
11.5.3 South and Central America Crowd Management And Event Security Market Forecasts and Analysis - By Component
11.5.4 South and Central America Crowd Management And Event Security Market Forecasts and Analysis - By Deployment Type
11.5.5 South and Central America Crowd Management And Event Security Market Forecasts and Analysis - By Enterprise Size
11.5.6 South and Central America Crowd Management And Event Security Market Forecasts and Analysis - By End-user
11.5.7 South and Central America Crowd Management And Event Security Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Crowd Management And Event Security Market
11.5.7.1.1 Brazil Crowd Management And Event Security Market by Component
11.5.7.1.2 Brazil Crowd Management And Event Security Market by Deployment Type
11.5.7.1.3 Brazil Crowd Management And Event Security Market by Enterprise Size
11.5.7.1.4 Brazil Crowd Management And Event Security Market by End-user
11.5.7.2 Argentina Crowd Management And Event Security Market
11.5.7.2.1 Argentina Crowd Management And Event Security Market by Component
11.5.7.2.2 Argentina Crowd Management And Event Security Market by Deployment Type
11.5.7.2.3 Argentina Crowd Management And Event Security Market by Enterprise Size
11.5.7.2.4 Argentina Crowd Management And Event Security Market by End-user
11.5.7.3 Rest of South and Central America Crowd Management And Event Security Market
11.5.7.3.1 Rest of South and Central America Crowd Management And Event Security Market by Component
11.5.7.3.2 Rest of South and Central America Crowd Management And Event Security Market by Deployment Type
11.5.7.3.3 Rest of South and Central America Crowd Management And Event Security Market by Enterprise Size
11.5.7.3.4 Rest of South and Central America Crowd Management And Event Security Market by End-user
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. CROWD MANAGEMENT AND EVENT SECURITY MARKET, KEY COMPANY PROFILES
13.1. ARMFORCE SECURITY SERVICES
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. BRIEFCAM LTD.
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. CROWD DYNAMICS
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. CROWD VISION LTD.
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. DYNAMIC CROWD MANAGEMENT
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. FLOWITY (AFRY DIGITAL SOLUTIONS)
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. IPSOTEK LTD.
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. REGAL DECISION SYSTEMS, INC.
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. SPIGIT, INC.
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. VISION TECHNOLOGY SYSTEMS
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. ArmForce Security Services
2. BriefCam Ltd.
3. Crowd Dynamics
4. Crowd Vision Ltd.
5. Dynamic Crowd Management
6. Flowity (AFRY Digital Solutions)
7. Ipsotek Ltd.
8. Regal Decision Systems, Inc.
9. Spigit, Inc.
10. Vision Technology Systems
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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