Video Analytics Market Report Overview
The Video Analytics Market report amalgamates data sourced from secondary and primary research to furnish insights into a particular market segment. Combining quantitative and qualitative analysis, it spans the period from 2023 to 2030, offering a comprehensive view of the industry. Segmentation of the market enables a detailed examination of the Video Analytics industry from multiple perspectives. Within the Video Analytics market research detailed forecasts, developments, and revenue forecasts are extensively considered providing stakeholders with valuable insights into the market landscape and prospects.
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The video analytics market was estimated to be worth US$ 7.79 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 22.7% to reach US$ 32.62 billion by 2029.
Video Analytics Market Report Scope and Research Methodology
The Video Analytics market is a dynamic and growing sector in the food and cosmetics industries. The research methodology employed in evaluating the Video Analytics Market involves a multifaceted approach. The Video Analytics Market research experts gather data from primary and secondary sources. Primary research includes direct interactions with industry experts, manufacturers, suppliers, and consumers to gain insights, into market trends, consumer preferences, and product demand. Surveys and focus group discussions including collecting new data for a specific research problem are the primary research tools. Secondary research involves analyzing existing data from reputable sources such as market reports, industry publications, government agencies, and academic journals. Historical Video Analytics market trends, competitor analysis, regulatory frameworks, and Data analysis techniques, including statistical modeling, are applied to interpret the gathered information. This aids in making accurate market forecasts and assessing future growth prospects.
The Video Analytics Market research methodology also considers geographical segmentation, examining regional variations in consumer preferences and market dynamics. It takes into account factors such as climate, cultural influences, and economic conditions that impact Video Analytics consumption. Maximize market research methodology, combining primary and secondary research, data analysis, and regional assessment, ensures a comprehensive and reliable understanding of the Video Analytics Market, providing valuable insights for stakeholders, businesses, and decision-makers in these industries.
Video Analytics Market Regional Insights
The Video Analytics market report provides comprehensive coverage of regions including North America, Europe, Asia Pacific, South America, and the Middle East&Africa. It offers insights into the market trends prevalent in these regions, allowing stakeholders to understand the dynamics shaping the Video Analytics industry landscape. Moreover, the report conducts a detailed analysis of Video Analytics market size and share within the Video Analytics industry, offering valuable data and statistics for informed decision-making. Analysis helps businesses and investors gauge the competitive landscape and identify growth opportunities.
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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
The transport and logistics industry had the biggest market share in 2022, according to verticals. 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:
Part 01: Executive Summary
Part 02: Scope of the Video Analytics Market Report
Part 03: Global Video Analytics Market Landscape
Part 04: Global Video Analytics Market Sizing
Part 05: Global Video Analytics Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Key Questions answered in the Video Analytics Market Report are:
- What is Video Analytics?
- What is the forecast period of the Video Analytics Market?
- How is the competitive scenario of the Video Analytics market?
- What are the key drivers of the Video Analytics market growth?
- Which region holds the maximum share in the Video Analytics market?
- Which segment emerged as the leading segment in the Video Analytics market?
- What key trends are likely to emerge in the Video Analytics market in the Forecast period?
- What are the opportunities for the Video Analytics Market?
- Who are the key players of the Video Analytics market?
- What are the key growth strategies of Video Analytics industry players?
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Key Offerings:
- Market Share, Size & Forecast by Revenue
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- PESTLE Analysis and PORTER’s Five Forces Analysis
- Market Segmentation – A detailed analysis of segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
- Key Findings and Analyst 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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