Video Analytics Market Share, Growth Opportunities, and Emerging Technologies | 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.
Video Analytics Executive Summary of Market Report
Reports from Maximize Market Research are available to clients to aid in their understanding of the "Video Analytics Market" in which they are competing. The research provides market insights to assist businesses in understanding future demand for their product and the likelihood of competition in the Video Analytics. The comprehensive information provided by the Video Analytics market overview includes market size, trade data, top players, and a range of market metrics, including trends and life cycle.
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Video Analytics Scope of Market Report and Research Approach
Based on variables including market size and growth rate, the Video Analytics market study explores the significance of segments and local markets. The report includes a detailed synopsis of every section and location. The Video Analytics market report includes a detailed examination of anticipated figures, noteworthy advancements, and revenue. The task involves a comprehensive analysis of the principal tactics utilized by prominent industry participants to bolster global business expansion while preserving a competitive advantage. In the research on the Video Analytics market, the following regions are evaluated: North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. Production, consumption, revenue, market share, and growth rates are also assessed. The utilization of SWOT analysis provides understanding of the The Video Analytics market's advantages and disadvantages.
Video Analytics Market-Related Perspectives
In terms of geography, the report is divided into a number of important nations, each of which has information on the Video Analytics market's size, growth rate, import and export, and coverage of North America, the United States, Canada, Mexico, Europe, the United Kingdom, Germany, France, Spain, Italy, and the rest of Europe. Asia Pacific is made up of China, India, Japan, Australia, South Korea, ASEAN Countries, the rest of APAC, South America, Brazil, and the Middle East and Africa.
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
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Video Analytics Market Divisibility
In 2022, the on-premise sector had the biggest market share based on the type of deployment. Applications that process large amounts of private and sensitive data frequently employ this strategy. These data volumes contain video feeds of company processes, including secret information and essential insights, as well as surveillance material from both internal and external sources. For on-premises deployment, businesses must install the required hardware, which includes the operating system, servers, storage devices, cameras, routers, and video analytics software. On-premises video analytics are being used by a number of large companies due to concerns over security and privacy regarding personal data.
In terms of verticals, the segment with the most market share in 2022 was transportation and logistics. Video analytics offers several advantages to the transportation and logistics industry, including the elimination of crowding, improved security protocols, event documentation, behavioral analysis, and the identification of blind spots. Video analysis offers increased security benefits while strengthening and enhancing this vertical area for commuters. Video analytics can perform a number of tasks for transportation and logistics companies, including face recognition, object tracking, unknown object detection, cargo and train car recognition, and intelligent traffic monitoring. These functions can help prevent disasters and identify new threats or vehicle collisions that could damage infrastructure and result in fatalities.
Video Analytics Important Market Participants
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
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Important queries addressed in the Video Analytics Market are:
- What are the Video Analytics Market segments?
- Which Video Analytics market segment is expected to grow rapidly during the forecast period?
- What is the expected CAGR of the Video Analytics market during the forecast period?
- Who are the top players in the Video Analytics industry?
- Which region is expected to grow at a high CAGR during the forecast period?
- Which region held the largest Video Analytics market share in 2019?
Key Offerings:
- Market Overview
- Market Share
- Market Size
- Forecast by Revenue
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments, sub-segments and region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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