Crowd Detection Market Keeping Events Secure 2023 to 2030 | ACIC, ACTi, Active Watch

PRESS RELEASE
Published November 3, 2023

Crowd Detection Market is estimated to grow at a CAGR of 26% from 2023 to 2030, reaching a value of USD 5299 million by 2030. The market is driven by the increasing need for crowd management and safety solutions in public places, such as airports, stadiums, and retail malls. The crowd detection market is experiencing growth due to the growing demand for solutions that enhance public safety, traffic flow, and customer experience. These solutions use technologies like video surveillance, AI, and machine learning to track and analyze people’s movements in crowded areas. They can detect potential threats like pickpockets and terrorists, monitor traffic flow, and optimize security personnel and resources. Key trends driving the market growth include the adoption of AI and ML technologies in crowd detection, increasing demand for public transportation facilities, and increasing awareness of public safety and security concerns.

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Top Key Players in this Crowd Detection Market:
A.I. Tech, ACIC, ACTi, Active Watch, AllGoVision, Canon, CrowdVision, Eocortex, Evitech, Giken Trastem, IMRON, Ipsotek, Monica, NEC, Safepro, SensorInsight, Senstar, SmartinfoLogiks, Vigilate, viisights, ViNotion, VIVOTEK, XJERA LABS

The crowd detection market is still in its early stages of development, but it is growing rapidly. The market is dominated by a few large players  However, there are also a number of emerging startups that are developing innovative crowd detection solutions. The crowd detection market is expected to be further driven by the increasing adoption of smart city and video surveillance technologies. Smart city initiatives are aimed at using technology to improve the efficiency and sustainability of urban infrastructure and services. Video surveillance is an important component of smart city initiatives, as it can be used to monitor traffic flow, detect crime, and improve public safety. The crowd detection market is also expected to be boosted by the growing demand for security solutions in developing countries. Developing countries are experiencing rapid urbanization, which is leading to increased congestion and security challenges. Crowd detection solutions can help developing countries to improve public safety and security in crowded environments.

Global Crowd Detection Market Split by Product Type and Applications

This report segments the Crowd Detection Market on the basis of Types:
Cloud-Based
On-Premise

On the basis of Application, the Crowd Detection Market is segmented into:
Street
Stadium
Shopping Mall
Others

In recent years, there has been a significant increase in the development of new crowd detection technologies. For example, researchers at the University of California, Berkeley, have developed a new AI-powered crowd detection system that can track the movement of people in real time with high accuracy. The system is able to identify individuals in a crowd and track their movement over time. This advancement in crowd detection technology has the potential to greatly enhance public safety and security measures. By accurately tracking individuals in a crowd, authorities can effectively monitor and manage large gatherings, ensuring the well-being of the public. Additionally, the integration of drones in crowd monitoring offers a unique perspective that traditional surveillance methods cannot provide, enabling a more comprehensive understanding of crowd dynamics and potential risks.

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The North American region is the largest market for crowd detection solutions, followed by the Asia-Pacific region. The North American market is dominated by the United States and Canada. The Asia Pacific market is expected to grow at the highest CAGR during the forecast period due to the increasing demand for crowd detection solutions in developing countries such as China and India. The European market for crowd detection solutions is also expected to grow significantly during the forecast period. This growth is attributed to the increasing adoption of smart city and video surveillance technologies in Europe. The Middle East and Africa market for crowd detection solutions is expected to grow at a moderate CAGR during the forecast period. This growth is attributed to the increasing demand for security solutions in the region.

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