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Video Analytics Market Growth, Trends, Industry Statistics 2022-2030

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The global Video Analytics market size is expected to be worth around US$ 12.4 billion by 2030, according to a new report by Vision Research Reports.

The global Video Analytics market size was valued at US$ 3.6 billion in 2020 and is anticipated to grow at a CAGR of 23.4 % during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size US$ 12.4 Bn by 2030
Growth Rate CAGR of 23.4 % From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Type, Deployment, Application, End-use
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Axis Communications AB; Agent Video Intelligence Ltd.; Honeywell International Inc.; IBM Corporation; and Cisco Systems Inc.

Growth Factors

  Increasing demand for intelligent security surveillance systems, which can be used for estimating key trends and deriving patterns, is the key factor driving the market growth. In addition, increasing concerns over public safety and the use of video analytics in criminal investigations are positively impacting demand for video analytics solutions. the growing application of video analytics for reducing crime rates through timely alerts about suspicious or unusual activities is a key factor driving the market.

Demand for intelligent video surveillance is further accelerated due to additional features such as improved accuracy, enhanced reliability, and cost-effectiveness, along with its growing significance in business intelligence. These solutions are extensively used to gain insights on patterns pertaining to consumer behavior, traffic movement, and frequency of footfall at a user-defined area.

By Type Analysis

Based on types, the market has been categorized into software and services segments. The market software and services offer an array of features and are entirely customizable (prior to installation) based on client’s requirements.

Video analytics enables the detection of minute details even in low visibility and facilitates the central management of analytics in deployments, which are accessible irrespective of the location and time

The companies providing this software generally offer supplementary services with their products. They provide a comprehensive package and focus on addressing the demands of customers by offering security applications such as access control, video surveillance, motion detection, intrusion detection, and other communications.

By Deployment Analysis

By deployment, the video analytics market has been divided into on-premise and cloud. The cloud segment comprises Software as a Solution (SaaS), which enables unified management of processes, and on-demand subscription model, which charges customers based on the number of subscriptions.

On-premise business operations are carried out on the user company’s site with a dedicated server for itself without linking it to an outside server. In such cases, the software is fully owned by the company.

By Application Analysis

Crowd management and monitoring are tedious tasks for governments and police departments at major events and festivals. In such cases, combining smart surveillance systems with video analytics enables critical situational alerts on a real-time basis.

the facial recognition segment is expected to emerge as the fastest-growing segment, registering a CAGR of 26.9% over the forecast period. Applications such as assistance in fraud detection in passports and visas, identification of criminals, and attendance tracking and management are likely to drive this segment.

By End-use Analysis

 The global demand for video analytics has seen a paradigm shift due to the changing demands of customers. The retail end-use segment dominated the market and was valued at USD 418.6 million in 2016.

Other end-use segments include BFSI, government, education, transportation, city, and critical infrastructure. The focus of end users has shifted from basic security surveillance and monitoring to understanding crowd patterns at a particular place and decoding the behavior of individuals. Technological proliferation in the BFSI and education (e-learning) industries has encouraged the implementation of video analytics solutions.

By Regional Analysis

North America was the leading regional market in 2016, valued at USD 736.6 million owing to the large presence of key industry players. The U.S. is currently the world’s largest consumer of video analytics.

Asia Pacific emerged as the second-largest market and this can be attributed to strong economic growth in countries such as India, China, and Indonesia.

Key Players

 Axis Communications AB; Agent Video Intelligence Ltd.; Honeywell International Inc.; IBM Corporation; and Cisco Systems Inc.

Market Segmentation

  • By Type
    • Software
    • Services
  • By Deployment
    • Cloud
    • On-premise
  • By Application
    • Crowd Management
    • Facial Recognition
    • Intrusion Detection
    • License Plate Recognition
    • Motion Detection
    • Others
  • By End-use
    • BFSI
    • City
    • Critical Infrastructure
    • Education
    • Government
    • Retail
    • Transportation
    • Others
  • Regional
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
    • Asia Pacific
      • China
      • Japan
      • India
    • Latin America
      • Brazil
    • Middle East & Africa

Buy this Research Report study@ https://www.visionresearchreports.com/report/cart/38857

Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Application Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Video Analytics Market, By Type

7.1.  Video Analytics Market, by Type, 2021-2030

7.1.1.    Software

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Services

7.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Video Analytics Market, By Deployment

8.1.  Video Analytics Market, by Deployment, 2021-2030

8.1.1.    Cloud

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    On-premise

8.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Video Analytics Market, By Application

9.1.  Video Analytics Market, by Application, 2021-2030

9.1.1.    Crowd Management

9.1.1.1.        Market Revenue and Forecast (2017-2030)

9.1.2.    Facial Recognition

9.1.2.1.        Market Revenue and Forecast (2017-2030)

9.1.3.    Intrusion Detection

9.1.3.1.        Market Revenue and Forecast (2017-2030)

9.1.4.    License Plate Recognition

9.1.4.1.        Market Revenue and Forecast (2017-2030)

9.1.5.    Motion Detection

9.1.5.1.        Market Revenue and Forecast (2017-2030)

Chapter 10.      Global Video Analytics Market, By End-use

10.1.        Video Analytics Market, by End-use, 2021-2030

10.1.1.  BFSI

10.1.1.1.      Market Revenue and Forecast (2017-2030)

10.1.2.  City

10.1.2.1.      Market Revenue and Forecast (2017-2030)

10.1.3.  Critical Infrastructure

10.1.3.1.      Market Revenue and Forecast (2017-2030)

10.1.4.  Education

10.1.4.1.      Market Revenue and Forecast (2017-2030)

10.1.5.  Government

10.1.5.1.      Market Revenue and Forecast (2017-2030)

10.1.6.  Retail

10.1.6.1.      Market Revenue and Forecast (2017-2030)

10.1.7.  Transportation

10.1.7.1.      Market Revenue and Forecast (2017-2030)

Chapter 11.      Global Video Analytics Market, Regional Estimates and Trend Forecast

11.1.        North America

11.1.1.  Market Revenue and Forecast, by Type (2017-2030)

11.1.2.  Market Revenue and Forecast, by Deployment (2017-2030)

11.1.3.  Market Revenue and Forecast, by Application (2017-2030)

11.1.4.  Market Revenue and Forecast, by End-use (2017-2030)

11.1.5.  U.S.

11.1.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.1.5.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.1.5.3.      Market Revenue and Forecast, by Application (2017-2030)

11.1.5.4.      Market Revenue and Forecast, by End-use (2017-2030)

11.1.6.  Rest of North America

11.1.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.1.6.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.1.6.3.      Market Revenue and Forecast, by Application (2017-2030)

11.1.6.4.      Market Revenue and Forecast, by End-use (2017-2030)

11.2.        Europe

11.2.1.  Market Revenue and Forecast, by Type (2017-2030)

11.2.2.  Market Revenue and Forecast, by Deployment (2017-2030)

11.2.3.  Market Revenue and Forecast, by Application (2017-2030)

11.2.4.  Market Revenue and Forecast, by End-use (2017-2030)

11.2.5.  UK

11.2.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.2.5.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.2.5.3.      Market Revenue and Forecast, by Application (2017-2030)

11.2.5.4.      Market Revenue and Forecast, by End-use (2017-2030)

11.2.6.  Germany

11.2.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.2.6.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.2.6.3.      Market Revenue and Forecast, by Application (2017-2030)

11.2.6.4.      Market Revenue and Forecast, by End-use (2017-2030)

11.2.7.  France

11.2.7.1.      Market Revenue and Forecast, by Type (2017-2030)

11.2.7.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.2.7.3.      Market Revenue and Forecast, by Application (2017-2030)

11.2.7.4.      Market Revenue and Forecast, by End-use (2017-2030)

11.2.8.  Rest of Europe

11.2.8.1.      Market Revenue and Forecast, by Type (2017-2030)

11.2.8.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.2.8.3.      Market Revenue and Forecast, by Application (2017-2030)

11.2.8.4.      Market Revenue and Forecast, by End-use (2017-2030)

11.3.        APAC

11.3.1.  Market Revenue and Forecast, by Type (2017-2030)

11.3.2.  Market Revenue and Forecast, by Deployment (2017-2030)

11.3.3.  Market Revenue and Forecast, by Application (2017-2030)

11.3.4.  Market Revenue and Forecast, by End-use (2017-2030)

11.3.5.  India

11.3.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.3.5.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.3.5.3.      Market Revenue and Forecast, by Application (2017-2030)

11.3.5.4.      Market Revenue and Forecast, by End-use (2017-2030)

11.3.6.  China

11.3.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.3.6.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.3.6.3.      Market Revenue and Forecast, by Application (2017-2030)

11.3.6.4.      Market Revenue and Forecast, by End-use (2017-2030)

11.3.7.  Japan

11.3.7.1.      Market Revenue and Forecast, by Type (2017-2030)

11.3.7.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.3.7.3.      Market Revenue and Forecast, by Application (2017-2030)

11.3.7.4.      Market Revenue and Forecast, by End-use (2017-2030)

11.3.8.  Rest of APAC

11.3.8.1.      Market Revenue and Forecast, by Type (2017-2030)

11.3.8.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.3.8.3.      Market Revenue and Forecast, by Application (2017-2030)

11.3.8.4.      Market Revenue and Forecast, by End-use (2017-2030)

11.4.        MEA

11.4.1.  Market Revenue and Forecast, by Type (2017-2030)

11.4.2.  Market Revenue and Forecast, by Deployment (2017-2030)

11.4.3.  Market Revenue and Forecast, by Application (2017-2030)

11.4.4.  Market Revenue and Forecast, by End-use (2017-2030)

11.4.5.  GCC

11.4.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.4.5.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.4.5.3.      Market Revenue and Forecast, by Application (2017-2030)

11.4.5.4.      Market Revenue and Forecast, by End-use (2017-2030)

11.4.6.  North Africa

11.4.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.4.6.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.4.6.3.      Market Revenue and Forecast, by Application (2017-2030)

11.4.6.4.      Market Revenue and Forecast, by End-use (2017-2030)

11.4.7.  South Africa

11.4.7.1.      Market Revenue and Forecast, by Type (2017-2030)

11.4.7.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.4.7.3.      Market Revenue and Forecast, by Application (2017-2030)

11.4.7.4.      Market Revenue and Forecast, by End-use (2017-2030)

11.4.8.  Rest of MEA

11.4.8.1.      Market Revenue and Forecast, by Type (2017-2030)

11.4.8.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.4.8.3.      Market Revenue and Forecast, by Application (2017-2030)

11.4.8.4.      Market Revenue and Forecast, by End-use (2017-2030)

11.5.        Latin America

11.5.1.  Market Revenue and Forecast, by Type (2017-2030)

11.5.2.  Market Revenue and Forecast, by Deployment (2017-2030)

11.5.3.  Market Revenue and Forecast, by Application (2017-2030)

11.5.4.  Market Revenue and Forecast, by End-use (2017-2030)

11.5.5.  Brazil

11.5.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.5.5.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.5.5.3.      Market Revenue and Forecast, by Application (2017-2030)

11.5.5.4.      Market Revenue and Forecast, by End-use (2017-2030)

11.5.6.  Rest of LATAM

11.5.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.5.6.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.5.6.3.      Market Revenue and Forecast, by Application (2017-2030)

11.5.6.4.      Market Revenue and Forecast, by End-use (2017-2030)

Chapter 12.  Company Profiles

12.1.              Axis Communications AB

12.1.1.  Company Overview

12.1.2.  Type Offerings

12.1.3.  Financial Performance

12.1.4.  Recent Initiatives

12.2.              Agent Video Intelligence Ltd

12.2.1.  Company Overview

12.2.2.  Type Offerings

12.2.3.  Financial Performance

12.2.4.  Recent Initiatives

12.3.              Honeywell International Inc

12.3.1.  Company Overview

12.3.2.  Type Offerings

12.3.3.  Financial Performance

12.3.4.  Recent Initiatives

12.4.              IBM Corporation

12.4.1.  Company Overview

12.4.2.  Type Offerings

12.4.3.  Financial Performance

12.4.4.  Recent Initiatives

12.5.              Cisco Systems Inc

12.5.1.  Company Overview

12.5.2.  Type Offerings

12.5.3.  Financial Performance

12.5.4.  Recent Initiatives

Chapter 13.  Research Methodology

13.1.              Primary Research

13.2.              Secondary Research

13.3.              Assumptions

Chapter 14.  Appendix

14.1.              About Us

14.2.              Glossary of Terms

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