Industry Background:
Crowd management involves organized and substantiated planning and the direction given to the orderly progress of events where large groups of people gather together. It also includes other situations, such as for safety at plazas, airports, and shopping centers. It is a problem-free and controlled large gathering of people. It consists of a steady flow of crowds and preventing excessively dense crowds, creating a manageable public traffic flow, minimizing risks, limiting the number of first aid occurrences, incident reports, and violent offences.This growth is primarily driven by Increased Number of Events and Functions and Increased Adoption of Emerging Cloud-based Technology.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies in Study | NEC Corporation (Japan), Nokia Corporation (South Korea), Spigit Inc. (United States), AGT International GmbH (Germany), Crowd Vision Limited (United Kingdom) and Best Crowd Management (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Globally, a noticeable market trend is evident Increased Investments in Crowd Security Technology. Major Players, such as NEC Corporation (Japan), Nokia Corporation (South Korea), Spigit Inc. (United States), AGT International GmbH (Germany), Crowd Vision Limited (United Kingdom) and Best Crowd Management (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In May 2021, BEST Crowd Management, a Gardaworld company and nationwide provider of event staffing and security services, today announced that it's hiring for 1,000 new guest relations and event security positions at the Bank of America Stadium — home of the NFL's Carolina Panthers and MLS's Charlotte Football Club.
Regulatory Insights:
Stringent government regulations regarding shutting down of different events across the world has impacted the market in the FY 2020.
Market Drivers
- Increased Number of Events and Functions
- Increased Adoption of Emerging Cloud-based Technology
Market Trend
- Increased Investments in Crowd Security Technology
Restraints
- Lack of IT Infrastructure in Developing Regions
Opportunities
Growing Demand from End-users and Growth in the Event Management Sector
Challenges
High Initial Upfront Cost
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Crowd Management and Event Security Study Sheds Light on
The Crowd Management and Event Security Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Crowd Management and Event Security industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Crowd Management and Event Security industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.