The global video analytics market is expected to grow USD 11.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 19.0% during the forecast period.
The video analytics software supports to evaluation the growing period of surveillance video that a system manager or security guard may not be clever to revenue out time for efficient observation and explanation of crucial activities. A video surveillance system is valuable to imprisonment and watch the footage and undergo visual analysis for better interpretation. Making use of video analytics varieties the surveillance system more effective, and supports in falling the workload of the management staff and security, and supports to capture the full value of security surveillance video by a smart transforming IP camera system. Video analytics software can be fitted on the camera, on NVR, and as third-party software. Each software does the like thing, i.e., they monitor videos and offers notification alert about any unusual activity. All video analytics solutions effort in the similar fashion but when setting up the software, one need to set up the parameters as per the unusual activity the software is observing for, set up the alert notification system, and when the software detects something which chances its search criteria sends the required alert notification.
Based on Type, the global Video Analytics market is segmented in Services and Software.
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The global Video Analytics market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Video Analytics market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
intuVision, PureTech Systems, Gorilla Technology, KiwiSecurity, Intelligent Security Systems, Avigilon, Axis Communications, Cisco Systems, IBM, Honeywell, and others are among the major players in the global Video Analytics market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Video Analytics Market has been segmented as below:
Video Analytics Market, By Application
Automatic Number Plate Recognition
Video Analytics Market, By Deployment
Video Analytics Market, By Vertical
Defense and Border Security
Retail and Consumer Goods
Banking, Financial Services, and Insurance
Hospitality and Entertainment
Video Analytics Market, By Type
Video Analytics Market, By Region
Rest of the World
Video Analytics Market, By Company
Intelligent Security Systems
The report covers:
Global Video Analytics market sizes from 2015 to 2024, along with CAGR for 2018-2024
Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
Global Video Analytics market trends, covering comprehensive range of consumer trends & manufacturer trends
Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Video Analytics market
Major market opportunities and challenges in forecast timeframe to be focused
Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
Comprehensive company profiles of the key industry players
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The global Video Analytics market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Video Analytics market share. Major industry players with significant revenue share include intuVision, PureTech Systems, Gorilla Technology, KiwiSecurity, Intelligent Security Systems, Avigilon, Axis Communications, Cisco Systems, IBM, Honeywell, and others.
Reasons to Buy this Report:
Gain detailed insights on the Video Analytics industry trends
Find complete analysis on the market status
Identify the Video Analytics market opportunities and growth segments
Analyse competitive dynamics by evaluating business segments & product portfolios
Facilitate strategy planning and industry dynamics to enhance decision making
Some of the recent Developments in Video Analytics market are as follows:
07-2017: Honeywell Productivity Solutions is a global leader providing custom-engineered sensors, switches and controls, and productivity solutions built around our high performance data collection hardware including rugged mobile computers, voice-enabled software, bar code scanners, radio frequency identification and workflow printing solutions.
10-2017: Three ways analytics and technology are improving student safety. How Technology is Keeping Schools Safe.
07-2019: Avigilon will be representing how these latest technologies are redefining how customers consume data in order to help them gain actionable information.
03-2020: As a provider of mission-critical solutions to public safety and enterprise organizations, Motorola Solutions is pleased of the role we play in helping businesses thrive and keeping communities safer.
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