Video Analytics Market  Global Outlook and Forecast 2024-2030

Video Analytics Market was valued at US$ 7.79 Bn. in 2022 and is expected to reach US$ 32.62 Bn. by 2029, at a CAGR of 22.7% during a forecast period.

What are Video Analytics Market Dynamics?

Demand for real-time event detection is increasing, propelling the industry forward. To improve situational awareness, video analysis software provides quick alerts when events occur in various business domains. Professional processing is required when creating real-time data via video. Video analysis software can help analyse recorded video streams in order to identify and track behaviour patterns and pre-defined objects, hence becoming a key market driver. Furthermore, the increasing adoption of AI-enabled video analytics systems helps to market growth. The global adoption of AI-enabled video content analysis systems is quickly expanding. Government agencies are actively selecting AI-based video systems to monitor traffic congestion and using the AI Global Surveillance (AIGS) index to monitor smart energy metering to increase video clarity.

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Video Analytics Market Report Scope and Research Methodology

The Video Analytics market report delves into the importance of segments and regional markets, based on factors like market size and growth rate. A comprehensive overview of all segments and regions is outlined within the report. An in-depth analysis of projected statistics, significant developments, and revenue is encompassed in the Video Analytics market report. It also entails a thorough examination of the key strategies employed by leading market players to enhance business growth on a global scale while maintaining a competitive edge. The research on the Video Analytics market encompasses an evaluation of production, consumption, revenue, market share, and growth rates across the following regions: North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. The application of SWOT analysis offers insights into the strengths and weaknesses of the Video Analytics market.

Video Analytics Market Segmentation?

by Deployment

Cloud
On-Premise

According to deployment type, the on-premise category had the biggest market share of xx% in 2022. This approach is often employed in applications that need the processing of large amounts of sensitive and secret data. These data volumes include both internal and external surveillance footage, as well as video feeds of corporate processes that contain proprietary information and vital insights. On-premises deployment requires companies to install the essential hardware components, such as the operating system, storage devices, servers, cameras, and routers, as well as video analytics software. Because of privacy and security concerns about personal data, numerous large organisations use on-premises video analytics.

by Component

Software
Services

by Application

Facial Recognition & Detection
Incident Detection
Perimeter Intrusion Detection
Crowd Detection & Management
Traffic & Parking Management
Others

by Verticals

Transportation/logistic
BFSI
Retail
Government
Manufacturing
Others

According to verticals, the transport and logistics category had the greatest market share of xx% in 2022. Overcrowding is reduced, security measures are strengthened, event recording, behaviour analysis, and blind-spot detection are among the many advantages of video analytics in the transportation and logistics industry. Video analysis strengthens and improves this vertical area for commuters while giving additional security benefits. Various video analytics functions, such as facial recognition, object tracking, unknown object detection, cargo and train car recognition, and intelligent traffic monitoring, can assist transportation and logistics companies in preventing disasters and detecting new threats or vehicle collisions that could cause infrastructure damage and loss of life.

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Who are Video Analytics Market Key Players?

1. Avigilon
2. Axis Communications
3. Cisco
4. Honeywell
5. Agent Vi
6. Allgovision
7. Aventura Systems
8. Genetec
9. Intellivision
10. Intuvision
11. Puretech Systems
12. Hikvision
13. Dahua
14. Iomniscient
15. Huawei
16. Gorilla Technology
17. Intelligent Security Systems
18. Verint
19. Viseum
20. NEC
21. Briefcam
22. Bosch Security
23. i2V
24. Digital Barrier

Table of content for the Video Analytics Market includes:

Part 01: Executive Summary
Part 02: Scope of the Video Analytics Market Report
Part 03: Global Video Analytics Market Landscape
Part 04: Global Video Analytics Market Sizing
Part 05: Global Video Analytics Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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Regional Insights:

The global Video Analytics market encompasses regions like North America, Asia Pacific, Europe, Middle East and Africa, and South America. Each region plays a significant role in shaping the market. For instance, the North America Military Land Vehicle Market is experiencing a rise in demand for electric vehicles, driven by the adoption of electric and zero-emission vehicles for the non-tactical fleet of the U.S. military. The Asia Pacific region, on the other hand, is witnessing strong investments in Video Analytics to bolster military capabilities.

Key Offerings:

Past Market Size and Competitive Landscape (2021 to 2030)
Past Pricing and price curve by region (2021 to 2030)
Market Size, Share, Size & Forecast by different segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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