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Global Video Analytics System Market Top companies - IBM Corporation, Honeywell International Inc., Gorilla Technology Group, iOmniscient Pty Ltd., Senstar Corporation, Genetec Inc., Agent Video Intelligence Ltd.
Video Analytics System Market
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Global video analytics system market is set to witness a healthy CAGR of 24.93% in the forecast period of 2019 to 2026. The report contains data of the base year 2018 and historic year 2017. This rise in the market can be attributed due to a surging need for intelligent security surveillance systems, which is used by end users to derive the patterns and estimated various key trends. Video analytics system automatically analyzes the video and detects, examines any specific event and gathers the data insights. The analytic programs also support analog, IP and megapixel cameras, which can be integrated with the hardware components. The large volume of data is being produced so it requires large storage spaces in the system. There are various industries which are driving the demand such as banking, government, entertainment, insurance.
Few of the major competitors currently working in the global Video Analytics System Market are Cisco Systems, IBM Corporation, Honeywell International Inc., Qognify Inc., BriefCam, Verint, i2V Systems Pvt. Ltd. , KiwiSecurity Software GmbH, DELOPT, Gorilla Technology Group, iOmniscient Pty Ltd., Senstar Corporation, Genetec Inc., Agent Video Intelligence Ltd., IntelliVision, ISS Inc., Axis Communications AB, PureTech Systems Inc., Digital Barriers, intuVision Inc., Avigilon, Identiv Inc., AllGoVision Technologies Pvt. Ltd, Ipsotek Ltd and Viseum International Ltd among others.
The study given in this section offers details of key market players. It likewise clarifies the marketing strategies adopted by these players as well as portrays their shareholdings in the global market.
If you are involved in the Video Analytics System industry or intend to be, then this study will provide you comprehensive outlook. It's vital you keep your market knowledge up to date segmented Global Video Analytics System Market By Type (Software, Services), Deployment (On-Premises, Cloud), Application (Incident Detection, Crowd Management, Intrusion Management, Traffic Monitoring, Automatic Number Plate Recognition, Facial Recognition, Others), Vertical (BFSI, City Surveillance, Critical Infrastructure, Education, Hospitality and Entertainment, Manufacturing, Defense and Border Security, Retail and Consumer Goods, Traffic Management, Transportation, Others), Organization Size (Small and Medium Enterprise, Large Enterprise), Geography(North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Competitive Landscape and Video Analytics System Market Share Analysis
Global video analytics system market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global video analytics system market for Global, Europe, North America, Asia Pacific, South America and Middle East and Africa.
Major Drivers and Restraints of the Video Analytics System Market:
Market Drivers:
The manual video analysis has various disadvantages which drives the growth of the market
The actionable insights from video data demand has increased is boosting the growth of the market
Government initiatives in emerging technologies to enhance public safety infrastructure is propelling the growth of the market
The plunging prices of video surveillance equipment is contributing to the growth of the market
The surge in volume of unstructured video data is contributing to the growth of the market
The surging demand for IP-based security systems is driving the growth of the market
Market Restraints:
The legacy installations requires high investment which restraints the growth of the market
The privacy issues arising is hampering the growth of the market
The rise in the number of false alarm alerts is hindering the growth of the market
Video Analytics System Market Country Level Analysis
The countries covered in Video Analytics System market report are U.K., Germany, France, Netherlands, Russia, Belgium, Italy, Spain, Switzerland, Turkey and Rest of Europe.
Key Pointers Covered in the Video Analytics System Market Industry Trends and Forecast to 2026
Market Size
Market New Sales Volumes
Market Replacement Sales Volumes
Installed Base
Market By Brands
Market Procedure Volumes
Market Product Price Analysis
Market Shares in Different Regions
Recent Developments for Market Competitors
Market Upcoming Applications
Market Innovators Study
Table Of Contents Is Available Here@ https://www.databridgemarketresearch.com/toc/?dbmr=global-video-analytics-system-market&DP
Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key Market players involved in this industry
Detailed analysis of the Market Segmentation
Competitive analysis of the key players involved
Report range-
The report offers Video Analytics System Market share appraisals for regional and global levels
To gain detailed overview of parent market
Information about key drivers, restraints, opportunities, and their impact analysis on the Video Analytics System Market size has been provided.
The study provides an in-depth analysis of the global Video Analytics System Market and current & future trends to elucidate imminent investment pockets.
Identify growth segments and opportunities in the industry
Customization of the Report:Global Video Analytics System Market report can be customized to meet the client's requirements. Please connect with us (sopan.gedam@databridgemarketresearch.com), we will ensure that you get a report that suits your needs.
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