· Global video analytics system market was valued at USD 5.90 billion in 2021 and is expected to reach USD 26.93 billion by 2029, registering a CAGR of 20.90% during the forecast period of 2022-2029.
§ Video content analytics, integrated into the existing surveillance system, automates the monitoring and management of video feed and provides real-time video analysis for enhanced security, monitoring, and reporting. This automates the management and monitoring of video feeds. The security, healthcare, and retail industries are seeing an increase in demand for video analysis software as it helps maintain visitor and employee security. Intruders and suspicious situations are recognized and detected by video analytics, which also notifies security professionals in order to stop them before they happen.
§ The number of people living in cities has increased globally during the last few years. By 2025, the UN's Department of Economics and Social Affairs predicts that about 68 percent of the world's population would reside in urban regions. Therefore, it has become crucial to monitor public spaces and analyses data. In order to secure smart cities and urban environments, next-generation technical solutions are increasingly being used. Such solutions are becoming more popular because of their capacity to raise urban safety standards and help address issues including citizen security, transportation system management, and improvements in emergency response systems. Consequently, these growth determinants aid the market to have a positive outlook over forecasted timeline.
§ In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Industry Segmentation
The video analytics system market is segmented on the basis of type, deployment, application, vertical and organization size. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Software
- Services
Deployment
- On-Premise
- Cloud
Application
- Incident Detection
- Crowd Management
- Intrusion Management
- Traffic Monitoring
- Automatic Number Plate Recognition
- Facial Recognition
- Others
Vertical
- BFSI
- City Surveillance
- Critical Infrastructure
- Education
- Hospitality and Entertainment
- Manufacturing
- Defense and Border Security
- Retail and Consumer Goods
- Traffic Management
- Transportation
- Others
Organization Size
- Small and Medium Enterprise
- Large Enterprise
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The countries covered in the video analytics system market report are
ü U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Some of the major players operating in the video analytics system market are
- Avigilon Corporation (Canada)
- Axis Communications AB (Sweden)
- Cisco Systems, Inc. (U.S.)
- Honeywell International Inc. (U.S.)
- Agent Video Intelligence Ltd. (U.S.)
- AllGoVision Technologies Pvt. Ltd (India)
- Earth Water Limited (U.S.)
- Genetec Inc., (Canada)
- Intellivision (U.S.)
- Intuvision Inc., (U.S.)
- Puretech Systems (U.S.)
- Hangzhou Hikvision Digital Technology Co., Ltd. (China)
- Dahua Technology USA Inc. (China)
- Iomniscient (Australia)
- NEC Corporation (Japan)
- Huawei Technologies Co., Ltd. (China)
- Gorilla Technology Group (Taiwan)
- ISS corp (U.S.)
- Verint Systems Inc. (U.S.)
- Viseum (U.K.)
- Briefcam (U.S.)
- Bosch Sicherheitssysteme GmbH (Germany)
- i2V Systems Pvt. Ltd (India)
- Cronj (India),
- Microtraffic Inc., (Canada)
Ø Chapter One: Introduction
Ø Chapter Two: Industry analysis
Ø Chapter Three: Market Overview
Ø Chapter Four: Industry segmentation
Ø Chapter Five: Industry share analysis
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