Video Analytics Market Overview
The latest study from Maximize Market Research, " Video Analytics Market " 2023-2029, is helpful in understanding the market’s competitors. The study takes a wide and basic look at the market, as well as a look into subjective variables that could give readers valuable business insights. The study includes a market overview that covers the value chain structure, regional analysis, applications, market size, and forecast (2022-2029). The study will be used to get a more accurate assessment of the existing and future state of the global Food Processing Machinery market.
The market for video analytics was estimated to be worth $7.79 billion in 2022 and is projected to grow at a CAGR of 22.7% to reach $32.6 billion by 2029.
Computers are equipped with software that analyzes video data from cameras, most notably security cameras. Analytics for video surveillance systems are frequently easy to set up and offer real-time activity tracking. By lessening the amount of labor required of safety employees, the use of video analytics helps surveillance systems become more effective. Particularly with regard to strange visual perception with high accuracy, car position detection, and auto-tracking, video analytics software offers services that employees cannot execute as effectively.
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Video Analytics Market Scope and Methodology:
The report provides a comprehensive analysis of market participants in the Video Analytics market. It provides a detailed analysis of the global, regional, national, and local markets within the Video Analytics industry. The competitive analysis section highlights major industry players across various regions, offering insights into their revenue, financial standing, portfolio, and technical developments. Segment-wise analysis of the Video Analytics market is conducted based on specific criteria, examining the factors that favorably and unfavorably impact market growth. By analyzing primary and secondary data sources, the report presents forecasts for market size, growth rate, and current and future trends in the Video Analytics market. The bottom-up approach is utilized to validate the market size estimation for different segments. The report incorporates both primary and secondary data collection methods.
Qualitative and quantitative research methods are employed, utilizing tools such as SWOT analysis, PESTLE analysis, and Porter’s Five Forces analysis. These analytical tools provide valuable insights into the Video Analytics market such as growth drivers and restraints. Overall, the report serves as a comprehensive guide for investors, stakeholders, and market followers of the Video Analytics market, assisting them in making informed decisions.
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Video Analytics Market Regional Insights
The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions. The Regional Analysis provides the Video Analytics market status of various countries included in the report. The Video Analytics market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Video Analytics Market Segmentation
In 2022, the on-premise sector had the biggest market share in terms of deployment type. This method is frequently employed in applications that process large volumes of private and sensitive data. These data volumes include footage from internal and external surveillance systems as well as video feeds of corporate operations that contain confidential information and essential insights. For on-premises deployment, businesses must install all required gear, such as the operating system, storage devices, servers, cameras, and routers, as well as video analytics software. Several large businesses use on-premises video analytics due to privacy and security worries over personal data.
1. Video Analytics Market, by Component (2022-2029)
• Services
• Software
2. Video Analytics Market, by Deployment Mode (2022-2029)
• Cloud
• On-premises
3. Video Analytics Market, by Application (2022-2029)
• Facial Recognition & Detection
• Incident Detection
• Perimeter Intrusion Detection
• Crowd Detection & Management
• Traffic & Parking Management
• Others
4. Video Analytics Market, by Verticals (2022-2029)
• Transportation/logistic
• BFSI
• Retail
• Government
• Manufacturing
• Others
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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
Table Of Content :
1. Global Video Analytics Market: Research Methodology
2. Global Video Analytics Market: Executive Summary
2.1 Market Overview and Definitions
2.1.1. Introduction to Global Video Analytics Market
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry
3. Global Video Analytics Market: Competitive Analysis
3.1 MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2 Consolidation in the Market
3.2.1 M&A by region
3.3 Key Developments by Companies
3.4 Market Drivers
3.5 Market Restraints
3.6 Market Opportunities
3.7 Market Challenges
3.8 Market Dynamics
3.9 PORTERS Five Forces Analysis
3.10 PESTLE
3.11 Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
3.12 COVID-19 Impact
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Important inquiries addressed in the Video Analytics Market are:
- What is Video Analytics ?
- What are the global trends in the Video Analytics Market?
- What was the Video Analytics Total Market size in 2023?
- What is expected Video Analytics Market size by 2029?
- Who held the largest market share in Video Analytics Market?
- Who are the leading companies and what are their portfolios in Video Analytics Market?
- What are the major challenges that the Video Analytics Industry could face in the future?
COVID-19 Impact Analysis on Video Analytics Market:
end-user industries utilizing Video Analytics experienced a drop in growth in several countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to operational pauses amid increasing COVID-19 cases and lockdowns. This decline in end-user industry revenues led to a significant decrease in demand for Video Analytics manufacturers, directly impacting the growth of the Video Analytics Market in 2023. The global increase in COVID-19 instances contributed to the sharp decline in demand for Video Analytics products as businesses faced challenging conditions during this period.
Key Offerings:
- Past Market Size and Competitive Landscape (2017 to 2022)
- Past Pricing and price curve by region (2017 to 2022)
- Industrial Manipulator Market Size, Share, Size Forecast by different segment | 2023−2029
- Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Industrial Manipulator Market Segmentation – A detailed analysis by Type, Application and Region
- 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
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