Crowd Management & Event Security Market by Type (Personnel Management, Compliance Management),Global Opportunity Analysis and Industry Forecast, 2021–2027

Crowd management is a business solution that delivers insightful analysis of crowd mobility at mass gathering places such as sports stadium, metro & airport terminals, city stores, retail malls, and others. Whereas, event security is the security solution provided to meet client specific needs during sports events, corporate events, concerts, entertainment programs, and other events. Some of the important aspects of crowd management and event security are intelligence to manage the crowd, intelligence on exit routes, co-ordination with government agencies and local law enforcement, and immediate connection with fire station and medical personals. Various functions of crowd management and event security include planning the event, assessing the risk, monitoring crowd, and emergency planning and procedures. The use of crowd management and event security has become pervasive and is completely transforming the industries as well as enabling better levels of user experience by providing relevant and customized services.

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Rise in the demand for crowd evaluation to enhance safety & security and investments in crowd security technology by various government institutes are the major factors that drive the growth of the market. In addition, increase in the investments on crowd management and event security analytics tools and solutions fuel the global crowd management & event security market growth. However, high initial upfront cost and lack of IT infrastructure in developing nations hampers the growth of the global market. Furthermore, development of smart cities and adoption of emerging cloud-based technology are anticipated to create major opportunities for the global crowd management & event security market.
The crowd management & event security market is segmented into component, deployment mode, organization size, end user, and region. In terms of component, the market is bifurcated into solution and services. By deployment mode, it is segmented into on-premise and cloud. As per organization size, it is segmented into large enterprises and small & medium enterprises. By end user, the market is segmented into transportation, retail, hospitality & tourism, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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The key players profiled in the global crowd management & event security market analysis are NEC Corporation, Nokia Corporation, Savannah Simulations AG, Spigit Inc., Crowd Dynamics, AGT International GmbH, Securion Systems, Crowd Vision Limited, Geodan Next, and Walkbase. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry. The major strategies include acquisitions, partnerships, collaboration, product development, and others.

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KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the global crowd management & event security market trends & future estimations to elucidate the imminent investment pockets.
Information about the key drivers, restraints, and opportunities and their impact analysis on the crowd management & event security market share is provided.
Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the global crowd management & event security industry.
The quantitative analysis of the global crowd management & event security market from 2019 to 2026 is provided to determine the market potential.

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