openPR Logo
Press release

Global Video Analytics Market Size , Share & Growth , Trends - TechSci Research

09-16-2021 01:23 PM CET | IT, New Media & Software

Press release from: TechSci Research

Global Video Analytics Market

Global Video Analytics Market

Rising technological advancements and security concerns to drive the growth of global video analytics market

According to TechSci Research report, “Global Video Analytics Market By Component (Software, Service (Managed, Professional)), By Deployment Mode (On-premise, cloud), By Processing Mode (Central, Edge, Hybrid), By Organization Size (SME, Large Enterprise), By Application (Incident Detection, Intrusion Detection, People/Crowd Counting, Traffic Monitoring, Facial Recognition, License Plate Recognition, Others), By End User (BFSI, City & Infrastructure Surveillance, Hospitality & Entertainment, Manufacturing, Transportation & Logistics, Retail, Aerospace & Defence, Others), By Region, Forecast & Opportunities, 2025”, the global video analytics market is expected to grow at a robust rate during the forecast period on account of rising technological advancements and security concerns. Growth in retail sector is also responsible for rise in video analytics market to monitor consumer behavior and buying criteria. Video analytics is a technology to analyze video footage from cameras particularly security cameras, for example making surveillance systems that lessen the work of security staff. Video analytics is gaining traction in sectors such as traffic management, smart city, smart parking, and others. Moreover, it allows manual tracking of several cameras, which is positively influencing the growth of the market. It can also analyze suspicious activities and send an alert notification to the concerned authority to take safety precautions. As analytical solutions require less maintenance, they are hence, highly preferred. There has been a significant drop in the prices of high-performance software and servers, thereby making video analytics more affordable.

Browse XX market data Tables and XX Figures spread through XX Pages and an in-depth TOC on " Global Video Analytics Market"

https://www.techsciresearch.com/report/video-analytics-market/5077.html

The global video analytics market is segmented based on component, deployment mode, processing mode, organization size, application, end-user, company and region. Based on component, software segment held the dominant share in 2019 as video analytics software are used for people counting, tamper detection, motion detection, ALPR, and auto track detection. This segment is witnessing growth due to the increase in adoption of various digital technologies and need to provide enhanced services. The companies which are providing software generally provide some enhanced services with their products, which is also responsible for its dominance. Based on deployment mode, cloud-based segment held the lion’s share in the market in 2019 as cloud-based solutions comprises of software as a solution (SaaS), which enables unified management of processes. Based on application, facial recognition segment dominated the market in 2019 as it is used for fraud detection in passports, identification of criminals and attendance tracking and management, contributing to the growth of the segment. It is used in government and defense vertical. It is used for verifying suspected criminals, accelerating forensic video investigation, cross-border monitoring, document verification and identity management. It is also used in healthcare industry as it can help in quick of accessing medical records. Retail and banking sector are also making use of facial recognition. Mastercard is using facial recognition for online purchases. The need for better security system in these application areas is further expected to fuel facial recognition segment market.

IBM Corporation, Honeywell International Inc.,i2v Systems Private Limited, Cisco Systems Inc., Agent Video Intelligence Ltd., PureTech Systems Inc., Gorilla Technology Group Inc., Aventura Technologies Inc., Verint, Genetec Inc., Axis Communications AB, Objectvideo Labs LLC, IntuVision Inc. are some of the leading players operating in global video analytics market. The companies operating in the market are using inorganic strategies such as product launches, mergers and collaborations to boost their share.

Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=5077

Customers can also request for 10% free customization on this report.

“North America is expected to dominate the global video analytics market during the forecast period due to the rapid technological advancements in the region. Availability of proficient technical expertise and better IT infrastructure than other regions is also responsible for its dominance. Following North America, Asia-Pacific is expected to account for significant share as countries in Asia-Pacific are investing in security surveillance systems, which is the reason for its growing share in market. Increased implementation of cloud-based technologies is also one of the major driving factors for the growth of video analytics market in these regions.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Video Analytics Market By Component (Software, Service (Managed, Professional)), By Deployment Mode (On-premise, cloud), By Processing Mode (Central, Edge, Hybrid), By Organization Size (SME, Large Enterprise), By Application (Incident Detection, Intrusion Detection, People/Crowd Counting, Traffic Monitoring, Facial Recognition, License Plate Recognition, Others), By End User (BFSI, City & infrastructure Surveillance, Hospitality & Entertainment, Manufacturing, Transportation & Logistics, Retail, Aerospace & Defence, Others), By Region, Forecast & Opportunities, 2025”, has evaluated the future growth potential of global video analytics market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global video analytics market.

Related Reports
United States Social Media Analytics Market 2026
https://www.techsciresearch.com/report/united-states-social-media-analytics-market/4503.html

ABOUT TECHSCI RESEARCH
TechSci Research is a research based management consulting firm providing decision making solutions to its customers worldwide, spanning a range of industries.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017



Tel: +1-646-360-1656



Email: sales@techsciresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Video Analytics Market Size , Share & Growth , Trends - TechSci Research here

News-ID: 2395854 • Views: 167

More Releases from TechSci Research

AI in Data Integration Market to be dominated by Large Enterprise segment till 2 …
Ongoing technological advancements and the growing IT sector is expected to drive the global AI in data integration market for the forecast period. According to TechSci Research report, “AI in Data Integration Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026 Segmented By Service Type (Managed Storage as a Service, Managed Compute as a Service, Managed Disaster Recovery as a Service, Managed Colocation, Managed Network as a Service,
Egypt IoT in Manufacturing Market to grow at a Significant Rate through 2026 – …
Increasing demand for real-time asset monitoring and the digital transformation of industries is expected to drive the demand for Egypt IoT in Manufacturing market in the forecast period. According to TechSci Research report, “Egypt IoT in Manufacturing Market By Component (Solutions, Services and Platforms) By Application (Predictive Maintenance, Business Process Optimization, Asset Tracking & Management, Logistics & Supply Chain Management, Real-Time Workforce Tracking & Management, Automation Control & Management, Emergency &
Saudi Arabia operational technology Market is projected to grow at an impressive …
Growing demand for automation across industries is expected to drive the growth of Saudi Arabia operational technology market According to TechSci report on, “Saudi Arabia Operational Technology Market By Component (Solutions v/s Services), By Solutions (Firewall, Antivirus/Antimalware, Risk & Compliance, Management, Identity & Access Management, Firewall, Intrusion Detection/Prevention System, DDOS Prevention, Encryption & Decryption, Data Loss Prevention, Others), By Services (Managed Services v/s Professional Services), By Security Type (Endpoint Security, Network
Vietnam eHealth Market to dominated by Electronic Health Records segment till 20 …
The rise in the healthcare expenditure and advancement in eHealth technology is expected to drive the demand for Vietnam eHealth market for the forecast period. According to TechSci Research report, “Vietnam eHealth Market By Solutions (Electronic Health Records (EHR), Vendor Neutral Archive (VNA) and Picture Archiving & Communications Systems (PACS), Radiology Information System (RIS), Pharmacy Information Systems, Telemedicine, ePrescribing, Consumer Health Information, Others), By Services (Remote Patient Monitoring, Diagnostic and Consultation

All 5 Releases


More Releases for Video

Video Management Software Market: Increasing need of Video Surveillance
Video Management Software Market: Overview Video management software are used for seamless management of digital video, audio, data and playback functionalities in a video surveillance systems. These software suites are specifically designed for managing, processing and storage of the signals from multiple camera feeds. The increasing penetration of video surveillance in wide range of applications such as facility protection, monitoring applications, event video surveillance and cross-border activities, is the key driving
ViennaCC Launching Christmas Video
Austria based musician ViennaCC recorded the traditional Christmas song "Softly Falls Each Snow Flake" (Leise rieselt der Schnee) and produced a short music video showing impressions of the Christmas market in Vienna in wintry installations. The original song "Leise rieselt der Schnee" was written by Eduard Ebel, published 1895, as a child song. ViennaCC: "We do not have much snow in Vienna, but outside the city in the mountains there is
E.V.A. – Experimental Video Art
Summer Screening 16th July – 5th August 2011 Venue : Bashimi Art House Neutorstrasse 32k 5020 Salzburg, Austria Bashimi Art House is pleased to present a selection of experimental videos from emerging artists.9 artists from various countries participate the organisation with their last term works. Video screenings will take place in Bashimi Art House , Salzburg Gallery daily between 4pm – 7pm . Free entrance screenings will be open for all
Appia Video Communicator Lowers the Cost of Video Communication
TRAVERSE CITY, MI – November 14, 2008 – Managed services provider Appia Communications today announced a telepresence video communication solution that offers significant cost savings for companies and organizations. Video communication enables real-time collaboration without the costs, inefficiencies, and carbon emissions of travel. Until now, these benefits have been outweighed by high costs, which typically run from $10,000 to over $200,000 per conference room. According to Appia President Victor von
Virtual Music Video launched
Todtenweis, Germany. The platform for online music collaboration, v-band.de, launched the first music video for a song created by musicians from three different continents. The song called \"Pirate of the deep blue sea\" sounds like a modern folk song including electronic elements. With recorded instruments provided by members from the USA and Germany the song went to life with lyrics and vocals written and recorded by a member from Australia. In addition
MediaCell Video Converter v1.0
MediaCell Video Converter is the best software for MP4/3GP file conversion of portable video device such as iPod/PSP/Mobile Devices. With unmatchable compression ratio and speed while retaining the highest quality, MediaCell Video Converter can convert almost all kinds of video files such as AVI, MPG, MPEG, DivX, XviD, MOV, VOB, VCD, DVD, SVCD, WMV, RM, RMVB, 3GP, AMR, FLV, formats to MP4/3GP video files. MediaCell Video Converter empowers users to