Global Video Analytics Market: Empowering Data-Driven Decision Making

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Video Analytics Market was valued at US$ 7.79 Bn. in 2022 and is expected to reach US$ 32.62 Bn. by 2029, at a CAGR of 22.7% during a forecast period.

Video Analytics Market Overview

The report offers an assessment of the current and prospective state of the Video Analytics market, delivering insights and updates on vital sectors. It assists investors in comprehending the prevailing and most rapidly expanding segments and regions. The study covers essential research subjects in the Video Analytics market, encompassing global demand, product manufacturing, income generation, sales, and revenue.

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Video Analytics Market Report Scope and Research Methodology 

The report assesses the Video Analytics Market's share, size, current and future trends, and forecasts. It also presents a comprehensive analysis of drivers, restraints, opportunities, and challenges in the Video Analytics industry. The competitive landscape provides detailed insights into the position of Video Analytics key players, including their partnerships, business growth, acquisitions, and company profiles encompassing overviews, product benchmarking, insights, and SWOT analysis. The bottom-up approach was employed to estimate the global and regional Video Analytics Market size. Primary and secondary data collected for the Video Analytics industry report were meticulously analyzed and combined to offer precise and reliable data to clients. PESTLE analysis was utilized to comprehend the potential impact of macroeconomic and microeconomic factors influencing the Video Analytics Market, providing diverse perspectives for investors. Porter's five forces analysis is also included, offering a profound exploration of growth opportunities for new entrants in the Video Analytics Market. In essence, the report furnishes a comprehensive outlook of the current and future state of the Video Analytics industry.

Video Analytics Market Regional Insights

The research covers a detailed analysis of the market size and dynamics in North America, Canada, Mexico, Europe, Germany, France, Spain, Italy, Rest of Europe, Asia-Pacific, China, India, Japan, Australia, Korea, ASEAN countries, rest of APAC, South America, Brazil, Middle East and Africa.

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Video Analytics Market Segmentation

by Deployment

Cloud
On-Premise

In 2022, the on-premise sector had the biggest market share, based on the type of deployment. Applications that process large amounts of private and sensitive data frequently employ this strategy. These data volumes contain video feeds of company processes, including secret information and essential insights, as well as surveillance material from both internal and external sources. For on-premises deployment, businesses must install the required hardware, which includes the operating system, servers, storage devices, cameras, routers, and video analytics software. On-premises video analytics are being used by a number of large companies due to concerns over security and privacy regarding personal data.

by Component

Software
Services

by Application

Facial Recognition & Detection
Incident Detection
Perimeter Intrusion Detection
Crowd Detection & Management
Traffic & Parking Management
Others

by Verticals

Transportation/logistic
BFSI
Retail
Government
Manufacturing
Others

In terms of verticals, the segment with the most market share in 2022 was transportation and logistics. Video analytics offers several advantages to the transportation and logistics industry, including the elimination of crowding, improved security protocols, event documentation, behavioral analysis, and the identification of blind spots. Video analysis offers increased security benefits while strengthening and enhancing this vertical area for commuters. Video analytics can perform a number of tasks for transportation and logistics companies, including face recognition, object tracking, unknown object detection, cargo and train car recognition, and intelligent traffic monitoring. These functions can help prevent disasters and identify new threats or vehicle collisions that could damage infrastructure and result in fatalities.

Video Analytics Market Key Players

1. Avigilon
2. Axis Communications
3. Cisco
4. Honeywell
5. Agent Vi
6. Allgovision
7. Aventura Systems
8. Genetec
9. Intellivision
10. Intuvision
11. Puretech Systems
12. Hikvision
13. Dahua
14. Iomniscient
15. Huawei
16. Gorilla Technology
17. Intelligent Security Systems
18. Verint
19. Viseum
20. NEC
21. Briefcam
22. Bosch Security
23. i2V
24. Digital Barrier

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Table of content for the Video Analytics Market includes:

Global Video Analytics Market: Research Methodology
Global Video Analytics Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Video Analytics Market: Competitive Analysis

MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

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Key questions answered in the Video Analytics Market are:

  • What is Video Analytics?
  • What are the Video Analytics market segments?
  • What is the expected Video Analytics market size by 2029?
  • What is the expected CAGR of the Video Analytics market during the forecast period? 
  • What are the emerging trends in the Video Analytics Market?
  • What are the factors contributing to the final price of Video Analytics?
  • What are the major challenges that the Video Analytics Market could face in the future? 
  • Who held the largest market share in the Video Analytics Market? 
  • Who are the key players in the Video Analytics industry?

Key Offerings:

  • Past Market Size and Competitive Landscape
  • Past Pricing and price curve by region
  • Market Size, Share, Size & Forecast by different segment
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by segments and their sub-segments
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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