Key Factor Supporting Global Video Analytics Market Development in 2025: The Role Of Video Analytics In Crime Reduction

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How Large Will the Video Analytics Market Size By 2025?
The market size of video analytics has seen a swift surge in the past years. The increase from $8.08 billion in 2024 to $9.55 billion in 2025, showing a compound annual growth rate (CAGR) of 18.2% can be credited to various factors. These include an uptick in safety worries, the need for retail improvements, enhancing traffic management approaches, maintaining public safety and emergency reactions, and boosting operational efficacy in various sectors.

How Big Is the Video Analytics Market Size Expected to Grow by 2029?
The market for video analytics is projected to expand drastically in the coming years, reaching a value of $20.55 billion by 2029 with a compound annual growth rate (CAGR) of 21.1%. This predicted growth within the forecast period is likely due to the increased implementation in areas such as smart cities, retail, and enhancement of customer experiences, as well as health and safety compliance. Key trends to watch for during the forecast period encompass emotional and sentiment analysis, incorporation of IoT sensors, automated license plate recognition (ALPR), attendant monitoring of crowds in real-time, as well as adaptable and open architecture solutions.

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Which Key Market Drivers Powering Video Analytics Market Expansion and Growth?
The video analytics market is predicted to expand in response to the decrease in crime rates brought about by surveillance cameras. These devices generate vast amounts of video footage and play a crucial role in ensuring safety across various infrastructures. Video analytics enhance crime prevention by facilitating automatic tracking and yielding trustworthy information from video sequences, thereby mitigating the risk of oversight or human error. For example, a March 2022 study by a UK-based CCTV and crime prevention research showed a 13% decrease in crime in areas equipped with CCTV compared to those without. The study also highlighted that the presence of CCTV substantially impacts certain crimes, with drug-related offenses and crimes involving vehicles and properties reducing by 20% and 14% respectively. Consequently, the decline in crime rates attributable to surveillance cameras is set to spur the growth of the video analytics market.

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Which Fast-Growing Trends Are Poised to Disrupt the Video Analytics Market?
The video analytics market is increasingly being shaped by technological developments, a trend that is growing in popularity. Major market players are prioritizing the use of advanced technologies to stay ahead. For instance, Dallmeier Electronic GmbH & Co. KG, a German company specializing in video security technology, launched Sedor AI in September 2022. This artificial intelligence-centric video analytics for maritime applications was designed to recognize watercraft on open water even under challenging conditions like waves and water reflections. Not only does the software aid port operators and refineries in safeguarding against unauthorized waterside access and subsequent risks such as terrorist attacks and piracy, but it also aligns with legal norms such as the ISPS (International Ship and Port Facility Security Code).

What Are the Emerging Segments in the Video Analytics Market?
The video analyticsmarket covered in this report is segmented -

1) By Component: Software, Services
2) By Organization Size: Small And Medium Enterprises, Large Enterprise
3) By Deployment Model: On-Premise, Cloud
4) By End User: BFSI, Retail, Critical Infrastructure, Transportation And Logistics, Hospitality And Entertainment, Defense And Security, Other End-Users

Subsegments:
1) By Software: On-Premises Software, Cloud-Based Software
2) By Services: Consulting Services, Integration Services, Support And Maintenance Services

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Who Are the Global Leaders in the Video Analytics Market?
Major companies operating in the video analytics market include Huawei Technologies Co Ltd., Intell Vision Technologies Corp, IBM Corporation, Cisco Inc., Honeywell Inc., Hangzhou Hikvision Digital Technology Co Ltd., Motorola Solutions Inc., Dahua Technology Co Ltd., Axis Communications AB, Avigilon Corporation, Verint Systems Inc., Calipsa Ltd., Genetec Inc., Vivotek Inc, Synectics plc, Qognify Inc., BriefCam Ltd., Gorilla Technology Group Inc., PureTech Systems Inc., Aventura Technologies Inc., Camio Inc., KiwiSecurity Services Ltd., Sighthound Inc., Citilog Inc., Agent Video Intelligence Inc., Solink Corporation, AllGoVision Technologies Pvt Ltd., Viseum Limited

Which are the Top Profitable Regional Markets for the Video Analytics Industry?
North America was the largest region in the video analytics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the video analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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