Press release
Video Content Analytics Market Trend, Forecast, Drivers, Restraints, Company Profiles and Key Players Analysis by 2028
The global video content analytics market size is expected to reach USD 19.37 Billion at a steady CAGR of 18.7% in 2028 according to latest analysis by Emergen Research. Increase in focus on public safety by governments across the globe and rising demand among large organizations to leverage surveillance data for advanced operations is driving video content analytics market revenue growth.Video content analytics finds application in various sectors to analyze, process, and categorize objects and activities captured. The process transforms audio and images into meaningful data. It serves various purposes, and has gained traction in recent years and is used in manufacturing companies, transport facilities and logistics operations.
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Some Key Highlights From the Report
• In August 2020, AllGoVision Technologies announced the launch of AllSafe, which is a safety-focused video analytics suite that is designed to improve the safety of people at public areas, office buildings, and other public and private facilities amidst the COVID-19 pandemic. It has video analytics features for a world post-COVID such as social distancing, thermal camera integration, no-mask detection, contactless attendance management, and contact tracing.
• Video analytics in retail segment accounted for a significant revenue share in 2020. It is used by retailers to pre-empt and resolve security issues such as store flow, theft, and placement of goods. The data from the videos help in understanding and analysing consumer demographics, manage store traffic, optimize space, and streamline checkouts.
• North America accounted for largest revenue share in 2020 due to rapid adoption of advanced technologies in the region. Governments in the region have extensively deployed video surveillance to monitor suspicious activities, especially the U.S. after the 9/11 terrorist attack. Use of this technology in law enforcement and by big retail brands is also diving growth of the video content analytics market in North America.
• Key players in the market include Axis Communications, Honeywell, Cisco, IBM, Huawei, Avigilon, Intellivision, Aventura Systems, Intelligent Security Systems, and Gorilla Technology.
Emergen Research has segmented the global video content analytics market on the basis of component, deployment, application, vertical, and region:
• Component Outlook (Revenue, USD Billion; 2018–2028)
o Software
o Services
• Deployment Outlook (Revenue, USD Billion; 2018–2028)
o Cloud
o On-Premises
• Application Outlook (Revenue, USD Billion; 2018–2028)
o Intrusion Management
o Incident Detection
o Automatic Number Plate Recognition
o People/Crowd Counting
o Facial Recognition
o Traffic Monitoring
o Others
• Vertical Outlook (Revenue, USD Billion; 2018–2028)
o Critical Infrastructure
o BFSI
o City Surveillance
o Defense and Border Security
o Hospitality and Entertainment
o Education
o Manufacturing
o Retail
o Transportation and Logistics
o Traffic Management
o Others (Healthcare and Life Sciences, and Construction)
Key geographical regions:
• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key highlights of the report:
1. Report Coverage: In this section of the report, significant information about the leading manufacturers, market segments, estimated timeline, and the most reliable products offered in this industry has been entailed.
2. Executive Summary: This section extensively assesses the competitive landscape, previous research studies, key market drivers, opportunities, restraints, challenges, trends, anticipated CAGR, and a study of micro- and macro-economic factors.
3. Regional Analysis: The report offers vital information related to the production capacity, demand and supply ratios, import &export status, and key players of the regional segments of the global Video Content Analytics market.
4. Company Profiles: The key market players have been profiled in the report based on their market value, volume, production capacity, product portfolios, and various other aspects.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. Video Content Analytics Market Segmentation & Impact Analysis
4.1. Video Content Analytics Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing need among enterprises to leverage BI
4.2.2.2. Demand for enhanced video surveillance
4.2.2.3. Increasing investments and focus of governing institutions
4.2.3. Market restraints analysis
4.2.3.1. Increasing cyber-attacks and data theft activities
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Video Content Analytics Market By Component Insights & Trends, Revenue (USD Billion)
5.1. Component Dynamics & Market Share, 2021 & 2028
5.1.1. Software
5.1.2. Services
Chapter 6. Video Content Analytics Market By Deployment Insights & Trends, Revenue (USD Billion)
6.1. Deployment Dynamics & Market Share, 2021 & 2028
6.1.1. Cloud
6.1.2. On-Premises
READ MORE…!
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Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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