Global Video Analytics Market 2027 and its detail analysis by focusing on top key players like Intuvision, Intellivision, Avigilon, Aventura Technologies, GE Security, Samsung, Cisco Systems, IBM

Video analytics is a computer processing and automatic analysis of the video content produced, collected or monitored during video surveillance. A massive volume of video data is created through video surveillance in industries, city surveillance, and sites, and social media, and these data also require lots of space for storage. Video analytics automates video surveillance procedures by offering high-end benefits to users with reduced cost and efficient service delivery.

Some of the leading players in global market are Intuvision, Inc., Intellivision, Avigilon Corporation, Aventura Technologies, Inc., GE Security, Samsung, Cisco Systems, Inc., IBM Corporation, Axis Communications, Honeywell International Inc.

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The increasing adoption of IoT and related technologies, such as big data and server less architecture are some of the significant factors driving the growth of the video analytics market. However, the increase in the number of false alarms during bad weather and the high initial investment are the major factors restraining the growth of the video analytics market. Additionally, an increase in demand for business intelligence and insights and increasing demand for edge-based analytics and recognizing & profiling applications are some of the factors anticipated to boost the growth of the video analytics market.

MARKET SEGMENTATION
The global video analytics market is segmented on the basis of component, application, vertical. On the basis of component, the market is segmented as software, services. On the basis of application, the market is segmented as people recognition market, video indexing, license plate, license plate. On the basis of vertical, the market is segmented as logistics and transportation, commercial and industrial, retail, hospitality and entertainment, others.

The report aims to provide an overview of video analytics market with detailed market segmentation by component, application, vertical. The global video analytics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading video analytics market players and offers key trends and opportunities in the video analytics market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global video analytics market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The video analytics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The reports cover key developments in the video analytics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from video analytics market are anticipated to lucrative growth opportunities in the future with the rising demand for video analytics market.

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