Video Analytics Market Report Overview
The study includes ever-changing trends, the industry environment, and all of the Video Analytics market's leading elements. The research approach was used to investigate the Video Analytics industry, and the results have been logically presented in the report.
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.
Market Scope:
The research examines the pivotal trends within the Video Analytics market and assesses their potential impacts on new business ventures and overall industry development. Market trends influence aspects like new technology adoption, international market entry, regulatory changes, governmental investments, novel applications, and other industry dynamics. This study entails an exhaustive trend analysis to empower informed decision-making in the Video Analytics market.
The Video Analytics Market Research Report offers exclusive essential statistics, facts, insights, trends, and a competitive landscape overview within this specific field. It dissects the present state of the Video Analytics market and provides forecasts extending until 2029. The study is expected to encompass company profiles, encompassing key details like capacity, production, pricing, costs, revenue, and contact information for global leading Video Analytics manufacturers.
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Video Analytics Market Regional Insights
Geographically, the report is segmented into several key countries, with Video Analytics market size, growth rate, import and export of Video Analytics market in these countries, which cover North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and the Middle East and Africa.
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.
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Video Analytics Key Players include:
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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Key Questions answered in the Video Analytics Market Report are:
- What is the expected Video Analytics market size by 2030?
- What are the Video Analytics market segments?
- Which region holds the largest share in the Video Analytics market?
- What is the expected CAGR of the Video Analytics market during the forecast period?
- Which application segment emerged as the leading segment in the Video Analytics market?
- What key trends are expected to emerge in the Video Analytics market in the coming years?
- Which factor is contributing to the final price of the Video Analytics?
- What is the expected Video Analytics market size by 2030?
- Who are the Video Analytics key players in the industry?
- Which company held the largest share in the Video Analytics market?
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Key Offerings:
- Market Overview
- Market Share
- Market Size
- Forecast by Revenue
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments, sub-segments and region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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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