Video Analytics Market Analysis, Developments Status and Forecast 2029


Posted April 17, 2024 by supriyamaximize

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.
 
Global Video Analytics Market report Overview

Each and every insight presented in the report was published by an expert group of Maximize Market Research, which is derived from primary interviews with top officials from leading companies in the domain concerned. The report’s secondary data research methodology includes deep online and offline research and discussion with expert professionals and analysts in the Video Analytics industry. In the report, Video Analytics Market reports, industry trends have been explained on the macro level, which is expected to help to find an outline Market landscape and probable future issues.

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Market Size Projection:

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 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 Market report Scope and Research Methodology

The goal of the Video Analytics Market report is to help consumers to gain more information and a clearer understanding of the industry. The global Video Analytics Market growth analysis includes development trends, competitive landscape analysis, investment plan, business strategy, opportunity, and key regions development status for international Markets.

The global Video Analytics Market overview and the analysis of several affecting elements such as drivers, restraints, and opportunities.
Porter's Five Force Analysis and SWOT analysis are used to define, characterize, and analyze the Video Analytics Market competition landscape, with a focus on global key players.
Extensive analysis of the global Video Analytics competitive landscape
Identification and analysis of micro and macro elements that influence and is expected to influence the Video Analytics Market growth.
A comprehensive list of major Market players in the global Video Analytics industry.
In the global Video Analytics Market, it provides a descriptive study of demand-supply chaining.
Statistical study of certain key economic statistics
Figures, charts, graphs, and illustrations are used to clearly describe the Video Analytics Market.

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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Regional Analysis

Each regional Video Analytics Market sector is thoroughly investigated to determine its current and future growth prospects. This helps clients to grow their businesses. The Video Analytics Market report covers all five regions and their country-wise distribution. Their Market size and trends are also included in the Video Analytics report.

Key questions answered in the Video Analytics Market are:

What are Video Analytics?
What was the Video Analytics Market size in 2023?
What is the expected Video Analytics Market size by the end of the forecast period?
What are the global trends in the Video Analytics Market?
What are the upcoming industry End-Use Industry and trends for the Video Analytics Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for Video Analytics Market?
How is the intervention from regulatory authority shaping the Video Analytics Market?
What growth strategies are the players considering to increase their presence in Video Analytics?
Who are the leading companies and what are their portfolios in Video Analytics Market?
What are the major challenges that the Video Analytics Market could face in the future?
Who held the largest Market share in Video Analytics Market?
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Key Offerings:

Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis by segments with their sub-segments 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
Recommendations
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Issued By Supriya
Phone 09834510596
Business Address 3rd Floor, Navale IT Park, Phase 2 Pune Banglore Highway, Narhe, Pune, Maharashtra 411041, India
Country India
Categories Technology
Tags video analytics market
Last Updated April 17, 2024