Video Analytics Market Overview Growth and Upcoming Trends Forecast to 2029

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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.

Computers are equipped with software that analyzes video data from cameras, most notably security cameras. Analytics for video surveillance systems are frequently easy to set up and offer real-time activity tracking. By lessening the amount of labor required of safety employees, the use of video analytics helps surveillance systems become more effective. Particularly with regard to strange visual perception with high accuracy, car position detection, and auto-tracking, video analytics software offers services that employees cannot execute as effectively.

Video Analytics Market Overview

A market research study on “Video Analytics Market” is available from Maximize industry Research, a global healthcare industry research company.An extensive overview of the market for biopharmaceutical CMOs and CROs is provided in the paper. The market size and growth rate are two major points of the report. The drivers, restraints, challenges, and opportunities for the growth of the Video Analytics market are included in the report’s insights.

Video Analytics Market Report Scope and Research Methodology

Video Analytics Market Analysis used both primary and secondary research techniques. Through surveys, interviews, and market observations, primary research entailed the direct acquisition of data from the marketplace. In secondary research, information was gathered from published sources such news stories, company websites, and industry studies.

The industry’s competition, which includes market leaders, imitators, and newcomers, is thoroughly studied. The important figures obtained at following thorough Video Analytics analysis were confirmed and verified through extensive primary research. Market engineering, market forecasting, market breakdown, and data triangulation are all examples of market statistics calculations. The company’s annual reports, articles, paid and free databases, etc. were used to gather the secondary data. calculating the regional

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Video Analytics Market Regional Insights

The research offers a thorough examination of the growth factors, obstacles, outlook, and competitive environment in every region. North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa are the geographical regions into which the market is divided. The research also lists the top nations in each area and projects their respective markets.

Video Analytics Market Segmentation

In 2022, the on-premise sector had the biggest market share in terms of deployment type. This method is frequently employed in applications that process large volumes of private and sensitive data. These data volumes include footage from internal and external surveillance systems as well as video feeds of corporate operations that contain confidential information and essential insights. For on-premises deployment, businesses must install all required gear, such as the operating system, storage devices, servers, cameras, and routers, as well as video analytics software. Several large businesses use on-premises video analytics due to privacy and security worries over personal data.

In 2022, the transport and logistics vertical retained the biggest market share. The elimination of crowding, improved security measures, event recording, behavior analysis, and blind-spot detection are just a few of the advantages of video analytics for the transportation and logistics sector. This vertical space for commuters is strengthened and improved with the use of video analysis, which also has stronger security advantages. Transportation and logistics companies can prevent disasters and identify new threats or vehicle collisions that could damage infrastructure and result in fatalities by using a variety of functions offered by video analytics, such as facial recognition, object tracking, unknown object detection, cargo and train car recognition, and intelligent traffic monitoring.

Market Segmentation and Sub-Segmentation included are:

1. Video Analytics Market, by Component (2022-2029)
• Services
• Software

2. Video Analytics Market, by Deployment Mode (2022-2029)
• Cloud
• On-premises

3. Video Analytics Market, by Application (2022-2029)
• Facial Recognition & Detection
• Incident Detection
• Perimeter Intrusion Detection
• Crowd Detection & Management
• Traffic & Parking Management
• Others

4. Video Analytics Market, by Verticals (2022-2029)
• Transportation/logistic
• BFSI
• Retail
• Government
• Manufacturing
• Others

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

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Table of content for the Video Analytics Market includes:

1. Global Video Analytics Market: Research Methodology

2. Global Video Analytics Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

3. Global Video Analytics Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America

COVID-19 Impact

4. Global Video Analytics Market Segmentation

Global Market, by Component (2022-2029)
Global Market, by Deployment Mode (2022-2029)
Global Market, by Application (2022-2029)
Global Market, by Verticals (2022-2029)

5. Regional Video Analytics Market (2022-2029)

Regional Market, by Component (2022-2029)
Regional Market, by Deployment Mode (2022-2029)
Regional Market, by Application (2022-2029)
Regional Market, by Verticals (2022-2029)
Regional Market, by Country (2022-2029))

6. Company Profile: Key players

Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

Important inquiries addressed in the  Video Analytics Market are:

  • What is Video Analytics ?
  • What are the global trends in the Video Analytics Market?
  • What was the Video Analytics  Total Market size in 2023?
  • What is expected  Video Analytics Market size by 2029?
  • Who held the largest market share in Video Analytics Market?
  • Who are the leading companies and what are their portfolios in   Video Analytics Market?
  • What are the major challenges that the   Video Analytics  Industry could face in the future?

COVID-19 Impact Analysis on Video Analytics Market:

end-user industries utilizing Video Analytics  experienced a drop in growth in several countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to operational pauses amid increasing COVID-19 cases and lockdowns. This decline in end-user industry revenues led to a significant decrease in demand for Video Analytics  manufacturers, directly impacting the growth of the Video Analytics Market in 2023. The global increase in COVID-19 instances contributed to the sharp decline in demand for Video Analytics  products as businesses faced challenging conditions during this period.

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Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Industrial Manipulator Market Size, Share, Size Forecast by different segment | 2023−2029
  • Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Industrial Manipulator Market Segmentation – A detailed analysis by Type, Application and Region
  • 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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