openPR Logo
Press release

Video Analytics Market Evolving Technology, Trends and Demand 2021 to 2027 | Axis Communications AB, Avigilon Corporation (Motorola Solutions), Cisco Systems Inc., Identiv Inc

12-30-2021 01:32 PM CET | IT, New Media & Software

Press release from: Market Insights Reports

The Latest report about the Video Analytics market provides a detailed evaluation of the business vertical in question, alongside a brief overview of the industry segments. An exceptionally workable estimation of the present industry scenario has been delivered in the study, and the Video Analytics market size with regards to the revenue and volume have also been mentioned. In general, the research report is a compilation of key data with regards to the competitive landscape of this vertical and the multiple regions where the business has successfully established its position.

The video analytics market was valued at USD 1528.1 million in 2019, and it is expected to reach USD 4142.7 million by 2025, registering a CAGR of 24.5% during the forecast period of 2020-2025

Request a Free Sample Copy of the Report

https://www.marketinsightsreports.com/reports/07202153447/video-analytics-market-growth-trends-forecasts-2020-2025/inquiry?Mode=S21

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report:  Axis Communications AB, Avigilon Corporation (Motorola Solutions), Cisco Systems Inc., Identiv Inc., Aventura Technologies Inc., Genetec Inc., Honeywell International Inc., Agent Video Intelligence Ltd., Objectvideo Labs LLC, Qognify Limited, NEC Corporation, Herta Security SL, Verint Systems Inc., ISS Inc.

News and Updates

- March 2020 - Motorola Solutions introduced the newest addition to its video security and analytics portfolio, Avigilon Control Center (ACC) 7.6. ACC 7.6 is the companys latest video management software release, enabling various enterprise customers to efficiently monitor their facilities through new AI-powered facial recognition features and analytics.

- October 2019 - Canon and Agent Video Intelligence formed a partnership to launch the first AI-powered cloud-based video analytics service in Singapore. The collaboration with Agent Vi will enhance Canons suite of visual network solutions, offering businesses seamless connectivity with maximum productivity and reduced cost.

- In October 2019, US-based industrial AI product company, Flutura Decision Sciences, and Analytics, launched the Video Analytics module in the Cerebra platform. It is a central safety monitoring system that enables features, like hard hat violation detection, detection of welding defects in X-Ray images, restricted zone violations for unknown objects or persons, and real-time object detection.

Market Overview

Analytics has enabled various end-users in the usage of specific data insights into actionable intelligence for numerous functions. The ideas could be used in monitoring the queues in retail outlets and hospitals, generate heat maps, etc. The surveillance and retail industries are expected to drive the market positively during the forecast period.

- The video-analytics are being deployed in the city, retail, vehicle, and worksite settings and are being used to acquire insights for decision making. The video surveillance sector uses it for analyzing threats, recognizing, mitigating, and monitoring purposes. China is investing heavily in the capabilities of facial recognition. According to Tsinghua University, China's market size is expected to reach CNY 34 billion in biometric recognition technologies.

- Video analytics is not only being deployed for producing customer movement heatmaps and store planning but is also widely being adopted to tackle organized retail crime. Inpixon, a company that engages in indoor positioning and data analytics, collaborated with the National Anti-Organized Retail Crime Association (NAORCA Worldwide) to fight against retail crime.

- The retail industry is increasingly adopting video analytics and emerging as one of the prominent markets. The growing retail market is also driving the demand; according to the US Census Bureau, the whole retail and food services sales in the US during the year 2018 stood at USD 6.02 trillion.

Regional and Country-level Analysis

North America is expected to hold major share

- North America is one of the most significant regions for the video analytics market. The region, especially the United States, is one of the major innovators and investors of the technology. Apart from that, high adoption among end-user industries and regional government involvement in video surveillance infrastructure development is further fuelling the adoption of video analytics solutions in North America.

- Post 9/11, the massive advancement in IP cameras, and their implementation across the region also developed the space for the market studied growth in the last decade. Most of the regional municipal law enforcement is leveraging video analytics for real-time response and post-event investigation, and cities are also using the data for urban planning and traffic optimization. The majority of the American cities have been aggressive in installing surveillance infrastructure, including Detroit, which recently installed cameras to monitor public housing residents. After a man was fatally shot in St. Paul in 2019, the police department tested out new video technology.

Segment by Type
Software
Services

Segment by Application
Incident Detection
Intrusion Management
People/Crowd Counting
Traffic Monitoring
Automatic Number Plate Recognition
Facial Recognition
Others

Get Benefited Discount at-

https://www.marketinsightsreports.com/reports/07202153447/video-analytics-market-growth-trends-forecasts-2020-2025/discount?Mode=S21

Video Analytics Analysis and Strategies Carry Out as below:

The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the Video Analytics market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the Video Analytics market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the Video Analytics Market report.

Buy Now This Report at

https://www.marketinsightsreports.com/report/purchase/07202153447?mode=su?Mode=S21

Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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 Video Analytics Market Evolving Technology, Trends and Demand 2021 to 2027 | Axis Communications AB, Avigilon Corporation (Motorola Solutions), Cisco Systems Inc., Identiv Inc here

News-ID: 2514336 • Views: 292

More Releases from Market Insights Reports

Tow Tractors Market Price, Industry Outlook, Classification and Forecast from 20 …
The Global "Tow Tractors Market" report offers a comprehensive evaluation of the market. It does give detailed analysis via qualitative insights, historic data, and supportable projections about market size. The predictions included in the report have been derived using confirmed research methodologies and assumptions. The report contains a detailed analysis of Tow Tractors market growth, segmentation, and regional and country breakdowns. It can provide a detailed study of the drivers,
Bike Brake Pads Market Future Trends and Company Overview, Growth and Developmen …
The Global "Bike Brake Pads Market" report offers a comprehensive evaluation of the market. It does give detailed analysis via qualitative insights, historic data, and supportable projections about market size. The predictions included in the report have been derived using confirmed research methodologies and assumptions. The report contains a detailed analysis of Bike Brake Pads market growth, segmentation, and regional and country breakdowns. It can provide a detailed study of
Automotive Software Market Study Offering Outlook, Industry Analysis and Prospec …
The Global "Automotive Software Market" report offers a comprehensive evaluation of the market. It does give detailed analysis via qualitative insights, historic data, and supportable projections about market size. The predictions included in the report have been derived using confirmed research methodologies and assumptions. The report contains a detailed analysis of Automotive Software market growth, segmentation, and regional and country breakdowns. It can provide a detailed study of the drivers,
5G Testing Equipment Market Global Industry Analysis and Opportunity Assessment …
The Global "5G Testing Equipment Market" report offers a comprehensive evaluation of the market. It does give detailed analysis via qualitative insights, historic data, and supportable projections about market size. The predictions included in the report have been derived using confirmed research methodologies and assumptions. The report contains a detailed analysis of 5G Testing Equipment market growth, segmentation, and regional and country breakdowns. It can provide a detailed study of

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