Video Analytics Market Overview
The MMR report for the Video Analytics market help with market forecast values of every economy as per the segment in the market. The report provides the market dynamics such as growth driving factors, growth restraining factors, opportunities for the new market entrants, and the various government rules and regulations regarding the product. The report also helps with data on decisions taken by the industry specialties during the forecast period.
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Video Analytics Market Scope
The size of the Video Analytics market in various divisions and areas is included in the report, including Market dynamics shifting from 2020 to 2029, the latest Trends in the market related to the product price, Recent market developments over the years, In-depth geographical analysis of the region, Strategies for development implemented by key players and Company profiling based on business models is included in the Video Analytics market report. PESTLE analysis is conducted to evaluate the market conditions.
The market for video analytics was estimated to be worth US$ 6.35 billion in 2021 and is anticipated to grow at a CAGR of 22.7% to reach US$ 32.66 billion by 2029.
Segmentation
In 2021, the on-premise segment had the highest market share of xx% according to 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.
In 2021, the vertical segment for transportation and logistics had the highest market share, with xx%. The elimination of crowding, improved security measures, event recording, behaviour analysis, and blind-spot detection are just a few of the advantages of video analytics for the transportation and logistics sector. This vertical space for commuters is strengthened and improved with the use of video analysis, which also has stronger security advantages. Transportation and logistics companies can prevent disasters and identify new threats or vehicle collisions that could damage infrastructure and result in fatalities by using a variety of functions offered by video analytics, such as facial recognition, object tracking, unknown object detection, cargo and train car recognition, and intelligent traffic monitoring.
Key Players
• Avigilon
• Axis Communications
• Cisco
• Honeywell
• Agent Vi
• Allgovision
• Aventura Systems
• Genetec
• Intellivision
• Intuvision
• Puretech Systems
• Hikvision
• Dahua
• Iomniscient
• Huawei
• Gorilla Technology
• Intelligent Security Systems
• Verint
• Viseum
• NEC
• Briefcam
• Bosch Security
• i2V
• Digital Barrier
Regional Analysis
North America, the United States, Canada, Mexico, Europe, the United Kingdom, Germany, France, Spain, Italy, the 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 are covered in the Video Analytics market report. The regional Video Analytics market size of the base and the forecast values for each and every segment is covered for all the economies. The report also includes the market hampering factors both positively as well as negatively in every region for the Video Analytics market.
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Key Questions answered in the Video Analytics Market Report are:
- What is Video Analytics Market?
- What is the forecast period of the Video Analytics Market?
- What is the competitive scenario of the Video Analytics market?
- Which region held the largest market share in the Video Analytics Market?
- What are the opportunities for the Video Analytics Market?
- What are the restraining factors in the Video Analytics market?
- Who are the key players of the Video Analytics market?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Video Analytics market
- Landscape- Leading key players and other prominent key players.
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