The video analytics market is likely to grow from USD 3.9 billion in 2019 at a CAGR of 18.9% over the forecast period (2021-2027). It is a tool used to track and analyse video performance. In the global market, artificial intelligence (AI) and deep learning are increasing in popularity. There has been an increase in video-related searches on platforms such as YouTube, which has boosted the demand for video analytics. Aside from automotive and robotics applications, video analytics are widely used by industry today.
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Industry Dynamics of Video Analytics
- The growth of the video analytic market is fuelled primarily by smart city initiatives that address safety and security concerns, optimizing traffic patterns, tracking accidents, and optimizing traffic patterns in real-time.
- Video analytics to grow in the interior designing industry and in construction due to the growing need to leverage business intelligence.
- Growing government initiatives pertaining to video surveillance and the adoption of advanced technologies to enhance public safety are driving growth in the video analytics market.
- As cybercrimes rise, so do data thefts, which represent significant challenges for the video surveillance market.
- The high cost of installing video analytics integrated video surveillance on citizens, along with privacy concerns, may limit the growth of the video analytics market.
COVID-19 Impact on Video Analytics Market
The spread of COVID 19 worldwide has disrupted the supply chains in all advanced technology markets, including video analytics. Due to the global market’s growing interest in video content and virtual tours, COVID-19 positively impacted the video analytics market.
Outline of the Report
The report outlines the global video analytics market study based on component, type, and application.
Segmentation based on the component of the video analytics market are:
- Services
- Software
Segmentation based on the type of the video analytics market are:
- Edged-Based
- Server-Based
Segmentation based on the application of the video analytics market are:
- Incident Detection
- Intrusion Management
- People/Crowd Counting
- Traffic Monitoring
- ANPR
Regional Outlook of Video Analytics Market:
There are five regions segmented into the global Video Analytics Market, namely Europe, North America, South America, Asia Pacific, the Middle East, and Africa. North America accounted for the largest share of the video analytics market in 2019. Over the forecast period, Europe will also witness a significant growth over the forecast period.
Key Competitors of Video Analytics Market
There are relatively few global competitors in the video analytics market. The following companies operate in the video analytics market:
- Agent VI
- AllGoVision
- IntelliVision
- IntuVision
- Genetec
- Honeywell
- PureTech Systems
- Aventura Systems
- Axis Communications
- Cisco
- i2V
- IBM
- Qognify
- Vigilon
In this report, macroeconomic factors and every segment’s market attractiveness are examined in depth. This report will evaluate the segmental/regional outlook along with a breakdown of market players’ presence in these segments and regions/countries in an in-depth qualitative and quantitative manner.
Comprehensive Analysis of Video Analytics Market
- Market Segmentation & Regional Analysis
- Regulatory Landscape
- Patent Analysis
- Competition Landscape
- Market Size of 10 years
- Pricing Analysis
- Developed & Emerging Economies Analysis
- PEST Analysis
- Market and Forecast Factor Analysis
- Market Opportunities, Risks, & Trends
- Supply & Demand Analysis
- Product Life Cycle Analysis
- Porter’s Five Forces & Value Chain Analysis
- 15+ Company Profiles
- Conclusion & Recommendation
Regional Overview of the Global Video Analytics Market
- Europe
- The Middle East & Africa
- South America
- Asia Pacific
- North America
Target Audience of Video Analytics Market
- Video analytics service providers
- Trade publications and magazines
- Video analytics solution providers
- Government authorities, associations, and organizations
Table of Content
Chapter 1: Global Video Analytics Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Video Analytics market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Video Analytics Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Video Analytics market Size Forecast (2023-2032).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Video Analytics market revenues on a global, regional, and country level, projecting trends until 2032. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Video Analytics market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Video Analytics market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Video Analytics business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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