Video Analytics Market Global Industry Analysis, Growth, Trends and Forecast 2025 | Aventura, Cisco Systems, IBM, Honeywell, PureTech System, IntelliVision, AllGoVision, 3VR

The global Video analytics market is expected to surpass at USD 11 billion by 2025 and is anticipated to grow at a CAGR of over 18% in the next five years.

The demand for video analytics software is being driven by its ability to be integrated with the originally deployed analog, IP, or megapixel cameras within establishments, thereby eliminating the need for the deployment of additional hardware. The major features offered by video analytics software include people counting, tamper detection, motion detection, ALPR, and auto track detection. Vendors provide advanced video analytics solutions and services with an option to tailor the offerings based on specific business requirements. This results in enhanced productivity of organizations and better delivery of results to clients.

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The report also throws light on various aspects of the global Video Analytics industry by assessing the market using value chain analysis. The report covers several qualitative aspects of the Video Analytics industry in market drivers, market restraints and key industry trends. Furthermore, the report provides an in-depth assessment of the market competition with company profiles of global as well as local vendors.

Crowd monitoring is among the key focus areas while deploying video analytics solutions. This is significantly being adopted by retail organizations for efficiently managing customer. Additionally, retailers can leverage video data and gain insights to maximize customer engagement, product interactions, store traffic data as well as can optimize in-store navigation by visualizing trends and understanding how customers move throughout the space.

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Despite these benefits, factors such as the inability of the users to identify the outcome of video analytics solutions and implement business intelligence is hindering the growth of video analytics market growth. The crowed monitoring is expected to reach ~4 billion by 2025 and is anticipated to grow at a CAGR of ~16% from 2020 to 2025.

The key players operating within the global video analytics market are Aventura, Cisco Systems, IBM, Honeywell, PureTech System, IntelliVision, AllGoVision, 3VR, and others. As of 2019, the market for video analytics providers is fragmented with the presence of established global and domestic players across the globe. Moreover, the established companies are coming up with upgraded versions of video analytics with upgraded as well as advanced digital and automation solutions.

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The global Video Analytics market has strong competition among the well-established and new emerging players. These market players target to gain a competitive advantage over the other players by participating in partnerships, mergers, and acquisitions and expanding their businesses.

Based on applications, this market covers categories like crowed management, traffic monitoring, intrusion management, incident management others. by 2025, the market for incident management is expected to witness the highest growth rate over the forecast period.

On the geographical front, North America dominated the global video analytics market in 2019 and is expected to do so over the forecast period 2019-2025. This region witnesses a matured market for technology adoption due to advanced IT infrastructure, the presence of many enterprises, and the availability of capable technical expertise. The US and Canada are expected to contribute significantly to the growth of the market in North America.

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Key Segments of the Global Video analytics Market

Deployment Type Overview, 2018-2025 (USD Billion)

Cloud-based
On-premise

End-user Overview, 2018-2025 (USD Billion)

Aviation
Media
Utilities
BFSI
Others

Application Overview, 2018-2025 (USD Billion)

Traffic Monitoring
Crowd Monitoring
Intrusion Management
Incident Management
Others

Regional Overview, 2018-2025 (USD Billion)

North America
U.S.
Canada
Europe
France
UK
Germany
Rest of Europe
Asia Pacific
China
India
Japan
Rest of APAC
South America
Brazil
Rest of South America
Middle East and Africa

Reasons for the study

The purpose of the study is to give an exhaustive outlook of the global video analytics market. Benchmark yourself against the rest of the market.
Be prepared for how research & development (R&D) investments and the video analytics market will be impacted by socio-political and economic factors over the next few years
Ensure you remain competitive as new innovations by existing key players boost the market.

What does the report include?

The study on the global video analytics market includes qualitative factors such as drivers, restraints, and opportunities
The study covers the competitive landscape of existing/prospective players in the video analytics industry and their strategic initiatives for the product development
The study covers a qualitative and quantitative analysis of the market segmented on the basis of type and applications. Moreover, the study provides similar information for the key geographies.
Actual market sizes and forecasts have been provided for all the above-mentioned segments.

About US:
Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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