Video Analytics Market Prospects Outlook 2017-2023 and Top Key Players – AllGoVision Technologies , Aventura Technologies, Axis Communications AB, Cisco Systems, Honeywell International

Video analytics is a computerized processing and automatic analysis of the video content generated, collected, or monitored during video surveillance. A large volume of video data is produced through video surveillance in industries, city surveillance, and through social media and sites, and it also requires lots of space for storage. Video analytics automates video surveillance process by delivering high-end benefits to the users with reduced cost and efficient service delivery.

Factors such as increase in demand for industrial automation drives the demand for video analytics across various industries such as banking, financial services, retail, airports, manufacturing, and others. In addition, rise in demand for IP-based security systems and infrastructure, and increase in concern over safety and security to life as well as assets, are expected to fuel the video analytics market growth during the forecast period. However, increase in number of false alarms during bad weather or poor lighting conditions and the high cost of initial installment are anticipated to hamper the video analytics market growth. Furthermore, rise in requirement of business intelligence and insights, and increase in need of edge-based analytics and recognizing & profiling applications are the major factors expected to provide opportunities for the market growth. The video analytics market size was valued at $3,107.00 million in 2017, and is projected to reach $14,443.00 million by 2025, growing at a CAGR of 21.4% from 2018 to 2025.

Major Key Players of the Video Analytics Market are:
AllGoVision Technologies , Aventura Technologies, Axis Communications AB, Cisco Systems, Honeywell International, IBM Corporation, Intellivision, PureTech Systems, Inc., Verint Systems, Inc., and Quognify.

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Based on component, the software segment dominated the overall video analytics market share in 2017 and is expected to remain dominant during the forecast period. Also, the services segment is expected to exhibit significant growth rate due to increase in adoption of digital technologies across various industries and need to provide enhanced as well as better services.

By Component:
Software
Services

By Application:
Facial Recognition & Detection
Incident Detection
Perimeter Intrusion Detection
Crowd Detection & Management
Traffic & Parking Management
Others

By Industry Vertical:
Transportation
BFSI
Retail
Government
Manufacturing
Energy & Utilities
Critical Infrastructure
Others

Research objectives:-
– To study and analyze the global Video Analytics consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Video Analytics market by identifying its various sub-segments.
– Focuses on the key global Video Analytics manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Video Analytics with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Video Analytics Market Size
2.2 Video Analytics Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Video Analytics Market Size by Manufacturers
3.2 Video Analytics Key Players Head office and Area Served
3.3 Key Players Video Analytics Product/Solution/Service
3.4 Date of Enter into Video Analytics Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Video Analytics Sales by Product
4.2 Global Video Analytics Revenue by Product
4.3 Video Analytics Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Video Analytics Breakdown Data by End User

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In the end, Video Analytics industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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