According to IMARC Group’s recent report, titled “Video Analytics Market Size, Trends, Share, Demand, Growth, Opportunity and Forecast 2020-2025,” the global video analytics market grew at a CAGR of 20% during 2014-2019. Looking forward, IMARC Group expects the global market to continue its strong growth during the next five years.
Video analytics refers to solutions that monitor, process and analyze digital video signals with the help of a special algorithm to perform security-related functions. It involves the use of numerous cameras, software applications and artificial intelligence (AI)-based programs for various tasks, including motion detection, facial recognition, traffic and queue detection, intrusion detection, and crowd and vehicle counting. Apart from this, these technologies are also being deployed for dynamic blurring and generating heat maps. As a result, they are widely being utilized across multiple industry verticals, such as retail, transportation, logistics and banking, financial services and insurance (BFSI).
The video analytics market is primarily driven by the increasing incidences of security breaches across numerous industries. This has led to the rising demand for advanced public surveillance and security systems, thereby providing a thrust to the market growth. This is also being supported by the growing deployment of internet protocol (IP)-based surveillance systems for business intelligence (BI). Some of the other factors contributing to the market growth include rapid expansion of smart cities, an increasing need to monitor traffic and accidents in real-time and the growing industrial automation across the globe.
Get a PDF sample of this report for more detailed market insights: https://www.imarcgroup.com/video-analytics-market/requestsample
Key highlights of the report:
- Market Performance (2014-2019)
- Market Outlook (2020- 2025)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
Video Analytics Market 2020-2025 Competitive Analysis and Segmentation:
The competitive landscape of the video analytics market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Agent Video Intelligence Ltd.
- AllGoVision Technologies Pvt. Ltd.
- Aventura Technologies Inc.
- IntelliVision Technologies Corp. (Nortek Security & Control LLC)
- Intelligent Security Systems Corporation
- KiwiSecurity Software GmbH
- Cisco Systems Inc.
- Gorilla Technology Inc. (Gorilla Science & Technology Holding, Inc.)
- Honeywell International Inc.
The report has segmented the global video analytics market on the basis of component, deployment type, application, architecture type, organization size, end user and region.
Breakup by Component:
Breakup by Deployment Type:
Breakup by Application:
- Incident Detection
- Intrusion Management
- People/Crowd Counting
- Traffic Monitoring
- Automatic Number Plate Recognition
- Facial Recognition
Breakup by Architecture Type:
Breakup by Organization Size:
- Small and Medium Enterprise
- Large Enterprise
Breakup by End User:
- Critical Infrastructure
- Traffic Management
- Transportation? and Logistics
- Hospitality and Entertainment?
- Defense and Security
Breakup by Region:
- North America
- United States
- Asia Pacific
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
Explore report with table of contents: https://www.imarcgroup.com/video-analytics-market
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Browse Related Reports:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Follow us on twitter: @imarcglobal