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Video Analytics Market - Global Industry Analysis

Video Analytics Market By Type (Software and Services), By Deployment (Cloud and On premise), By Application (Crowd Management, Facial Recognition, Intrusion Detection, License Plate Recognition, Motion Detection, and Others), By End-use (BFSI, City, Critical Infrastructure, Education, Government, Retail, Transportation, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028

Published Date: 21-Apr-2021 Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-2318 Status : Published

The global video analytics market accounted for USD 5.12 Billion in 2020 and is expected to reach USD 24.61 Billion by 2028, growing at a CAGR of 21.9% from 2021 to 2028.

Description

Market Overview

The global video analytics market accounted for USD 5.12 Billion in 2020 and is expected to reach USD 24.61 Billion by 2028, growing at a CAGR of 21.9% from 2021 to 2028.

Video analytics transmits a video signal digitally using an algorithm to perform security related functions. It has been promoted as a solution to provide security by detecting intruders and tracking objects or people.

COVID-19 Impact Analysis

The outbreak of COVID-19 will impact both demand and supply. It will not decrease demand or supply but lockdown have impacted the transportation which resulted in disruption of the supply and demand chain. The growth in this market is expected to boom in the coming years due to introduction of AI enabled surveillance systems.

Growth Factors

Video analytics is helping many sectors to enhance security and situational awareness. Live and recorded video are the main drivers for the demand for video analytics technology. Video surveillance systems in private or public places helps in reducing crime rate and safeguarding areas by identifying people or number plates on the vehicles.

Further public institutions are expected to invest heavily in this market owing to thefts and crime in the city. Video surveillance helps reducing crime rate, to insure public and infrastructure safety.

Report Scope

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Deployment Segment Analysis Preview

On premise segment held a share of over 30% in 2020. Business operations in On premise are carried out on the server of the user’s company’s site with a server. In recent years, companies have shifted from on premise to cloud deployment as it can highly support and scale unlimited cameras and it also provides real time data. Cloud is other deployment type.

Application Segment Analysis Preview

Intrusion management segment is projected to grow at a CAGR of around 15% from 2021 to 2028. Intrusion system offers real time videos, if an intruder breaks the security, it generates an alarm along with a video and send it to the VMS Video Management Software to inform the concerned authorities.

Regional Analysis Preview

North America accounted for a share of around 37% in 2020. Enterprises and government in majorly US and Canada has invested heavily on deployment of video analytics system. Rapid technological development and developed economy is helping the growth in this market.

Asia Pacific is projected to grow at a CAGR of over 22% during the forecast period. Countries like China and India is investing in security surveillance system for the safety of the residents. Middle East and Africa are actively improving their surveillance systems and is expected to grow in future due to a large funding by government into technologies like AI, 5G, cloud, IoT, networking and others.

Key Market Players & Competitive Landscape

Some of key players in video analytics market are Cisco, Avigilon, Axis Communications, AllGoVision, Agent VI, Aventura Systems, i2V, Genetec, IntelliVision, PureTech Systems, intuVision, Qognify, iOmniscient, Honeywell, BriefCam, Digital Barriers, IBM, IPSOTEK, Gorilla Technology, Viseum, KiwiSecurity, DELOPT, Intelligent Security Systems, Hikvision, Verint, Huawei, Senstar, Dahua, Identiv, and Bosch Security, among others. In 2020 July, Cisco Meraki, one of the leading players, acquired Modcam to expand its capabilities in video analytics market.

The global video analytics market is segmented as follows:

By Type

  • Services
  • Software

By Deployment

  • Cloud
  • On Premise

By Application

  • Crowd Management
  • Facial Recognition
  • Intrusion Detection
  • License Plate Recognition
  • Motion Detection
  • Others

By End Use

  • BFSI
  • City
  • Critical Infrastructure
  • Education
  • Government
  • Retail
  • Transportation
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1: Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2: Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Type
        • 2.1.1.2. Market Attractiveness Analysis, By Deployment
        • 2.1.1.3. Market Attractiveness Analysis, By Application
        • 2.1.1.4. Market Attractiveness Analysis, By End Use
        • 2.1.1.5. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global VIDEO ANALYTICS Market, 2016 – 2028 (USD Million)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3: COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4: VIDEO ANALYTICS Market – Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Type, 2020 & 2028
    • 4.2. Services
      • 4.2.1. Market Size and Forecast, By Region (USD Million)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Software
      • 4.3.1. Market Size and Forecast, By Region (USD Million)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5: VIDEO ANALYTICS Market – Deployment Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Deployment, 2020 & 2028
    • 5.2. Cloud
      • 5.2.1. Market Size and Forecast, By Region (USD Million)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. On premise
      • 5.3.1. Market Size and Forecast, By Region (USD Million)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6: VIDEO ANALYTICS Market – Application Segment Analysis
    • 6.1. Overview
      • 6.1.1. Market Revenue Share, By Application, 2020 & 2028
    • 6.2. Crowd Management
      • 6.2.1. Market Size and Forecast, By Region (USD Million)
      • 6.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.3. Facial Recognition
      • 6.3.1. Market Size and Forecast, By Region (USD Million)
      • 6.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.4. Intrusion Detection
      • 6.4.1. Market Size and Forecast, By Region (USD Million)
      • 6.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.5. License Plate Recognition
      • 6.5.1. Market Size and Forecast, By Region (USD Million)
      • 6.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.6. Motion Detection
      • 6.6.1. Market Size and Forecast, By Region (USD Million)
      • 6.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.6.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.7. Others
      • 6.7.1. Market Size and Forecast, By Region (USD Million)
      • 6.7.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.7.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 7: VIDEO ANALYTICS Market – End Use Segment Analysis
    • 7.1. Overview
      • 7.1.1. Market Revenue Share, By End Use, 2020 & 2028
    • 7.2. BFSI
      • 7.2.1. Market Size and Forecast, By Region (USD Million)
      • 7.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 7.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 7.3. City
      • 7.3.1. Market Size and Forecast, By Region (USD Million)
      • 7.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 7.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 7.4. Critical Infrastructure
      • 7.4.1. Market Size and Forecast, By Region (USD Million)
      • 7.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 7.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 7.5. Education
      • 7.5.1. Market Size and Forecast, By Region (USD Million)
      • 7.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 7.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 7.6. Government
      • 7.6.1. Market Size and Forecast, By Region (USD Million)
      • 7.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 7.6.3. Key Market Trends, Growth Factors, & Opportunities
    • 7.7. Retail
      • 7.7.1. Market Size and Forecast, By Region (USD Million)
      • 7.7.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 7.7.3. Key Market Trends, Growth Factors, & Opportunities
    • 7.8. Transportation
      • 7.8.1. Market Size and Forecast, By Region (USD Million)
      • 7.8.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 7.8.3. Key Market Trends, Growth Factors, & Opportunities
    • 7.9. Others
      • 7.9.1. Market Size and Forecast, By Region (USD Million)
      • 7.9.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 7.9.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 8: VIDEO ANALYTICS Market – Regional Analysis
    • 8.1. Overview
      • 8.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 8.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Million)
    • 8.2. North America
      • 8.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 8.2.2. North America Market Revenue, By Type, 2016 – 2028
      • 8.2.3. North America Market Revenue, By Deployment, 2016 – 2028
      • 8.2.4. North America Market Revenue, By Application, 2016 – 2028
      • 8.2.5. North America Market Revenue, By End Use, 2016 – 2028
      • 8.2.6. U.S.
        • 8.2.6.1. U.S. Market Revenue, By Type, 2016 – 2028
        • 8.2.6.2. U.S. Market Revenue, By Deployment, 2016 – 2028
        • 8.2.6.3. U.S. Market Revenue, By Application, 2016 – 2028
        • 8.2.6.4. U.S. Market Revenue, By End Use, 2016 – 2028
      • 8.2.7. Canada
        • 8.2.7.1. Canada Market Revenue, By Type, 2016 – 2028
        • 8.2.7.2. Canada Market Revenue, By Deployment, 2016 – 2028
        • 8.2.7.3. Canada Market Revenue, By Application, 2016 – 2028
        • 8.2.7.4. Canada Market Revenue, By End Use, 2016 – 2028
      • 8.2.8. Mexico
        • 8.2.8.1. Mexico Market Revenue, By Type, 2016 – 2028
        • 8.2.8.2. Mexico Market Revenue, By Deployment, 2016 – 2028
        • 8.2.8.3. Mexico Market Revenue, By Application, 2016 – 2028
        • 8.2.8.4. Mexico Market Revenue, By End Use, 2016 – 2028
    • 8.3. Europe
      • 8.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 8.3.2. Europe Market Revenue, By Type, 2016 – 2028
      • 8.3.3. Europe Market Revenue, By Deployment, 2016 – 2028
      • 8.3.4. Europe Market Revenue, By Application, 2016 – 2028
      • 8.3.5. Europe Market Revenue, By End Use, 2016 – 2028
      • 8.3.6. Germany
        • 8.3.6.1. Germany Market Revenue, By Type, 2016 – 2028
        • 8.3.6.2. Germany Market Revenue, By Deployment, 2016 – 2028
        • 8.3.6.3. Germany Market Revenue, By Application, 2016 – 2028
        • 8.3.6.4. Germany Market Revenue, By End Use, 2016 – 2028
      • 8.3.7. France
        • 8.3.7.1. France Market Revenue, By Type, 2016 – 2028
        • 8.3.7.2. France Market Revenue, By Deployment, 2016 – 2028
        • 8.3.7.3. France Market Revenue, By Application, 2016 – 2028
        • 8.3.7.4. France Market Revenue, By End Use, 2016 – 2028
      • 8.3.8. U.K.
        • 8.3.8.1. U.K. Market Revenue, By Type, 2016 – 2028
        • 8.3.8.2. U.K. Market Revenue, By Deployment, 2016 – 2028
        • 8.3.8.3. U.K. Market Revenue, By Application, 2016 – 2028
        • 8.3.8.4. U.K. Market Revenue, By End Use, 2016 – 2028
      • 8.3.9. Italy
        • 8.3.9.1. Italy Market Revenue, By Type, 2016 – 2028
        • 8.3.9.2. Italy Market Revenue, By Deployment, 2016 – 2028
        • 8.3.9.3. Italy Market Revenue, By Application, 2016 – 2028
        • 8.3.9.4. Italy Market Revenue, By End Use, 2016 – 2028
      • 8.3.10. Spain
        • 8.3.10.1. Spain Market Revenue, By Type, 2016 – 2028
        • 8.3.10.2. Spain Market Revenue, By Deployment, 2016 – 2028
        • 8.3.10.3. Spain Market Revenue, By Application, 2016 – 2028
        • 8.3.10.4. Spain Market Revenue, By End Use, 2016 – 2028
      • 8.3.11. Rest of Europe
        • 8.3.11.1. Rest of Europe Market Revenue, By Type, 2016 – 2028
        • 8.3.11.2. Rest of Europe Market Revenue, By Deployment, 2016 – 2028
        • 8.3.11.3. Rest of Europe Market Revenue, By Application, 2016 – 2028
        • 8.3.11.4. Rest of Europe Market Revenue, By End Use, 2016 – 2028
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 8.4.2. Asia Pacific Market Revenue, By Type, 2016 – 2028
      • 8.4.3. Asia Pacific Market Revenue, By Deployment, 2016 – 2028
      • 8.4.4. Asia Pacific Market Revenue, By Application, 2016 – 2028
      • 8.4.5. Asia Pacific Market Revenue, By End Use, 2016 – 2028
      • 8.4.6. China
        • 8.4.6.1. China Market Revenue, By Type, 2016 – 2028
        • 8.4.6.2. China Market Revenue, By Deployment, 2016 – 2028
        • 8.4.6.3. China Market Revenue, By Application, 2016 – 2028
        • 8.4.6.4. China Market Revenue, By End Use, 2016 – 2028
      • 8.4.7. Japan
        • 8.4.7.1. Japan Market Revenue, By Type, 2016 – 2028
        • 8.4.7.2. Japan Market Revenue, By Deployment, 2016 – 2028
        • 8.4.7.3. Japan Market Revenue, By Application, 2016 – 2028
        • 8.4.7.4. Japan Market Revenue, By End Use, 2016 – 2028
      • 8.4.8. India
        • 8.4.8.1. India Market Revenue, By Type, 2016 – 2028
        • 8.4.8.2. India Market Revenue, By Deployment, 2016 – 2028
        • 8.4.8.3. India Market Revenue, By Application, 2016 – 2028
        • 8.4.8.4. India Market Revenue, By End Use, 2016 – 2028
      • 8.4.9. South Korea
        • 8.4.9.1. South Korea Market Revenue, By Type, 2016 – 2028
        • 8.4.9.2. South Korea Market Revenue, By Deployment, 2016 – 2028
        • 8.4.9.3. South Korea Market Revenue, By Application, 2016 – 2028
        • 8.4.9.4. South Korea Market Revenue, By End Use, 2016 – 2028
      • 8.4.10. South-East Asia
        • 8.4.10.1. South-East Asia Market Revenue, By Type, 2016 – 2028
        • 8.4.10.2. South-East Asia Market Revenue, By Deployment, 2016 – 2028
        • 8.4.10.3. South-East Asia Market Revenue, By Application, 2016 – 2028
        • 8.4.10.4. South-East Asia Market Revenue, By End Use, 2016 – 2028
      • 8.4.11. Rest of Asia Pacific
        • 8.4.11.1. Rest of Asia Pacific Market Revenue, By Type, 2016 – 2028
        • 8.4.11.2. Rest of Asia Pacific Market Revenue, By Deployment, 2016 – 2028
        • 8.4.11.3. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
        • 8.4.11.4. Rest of Asia Pacific Market Revenue, By End Use, 2016 – 2028
    • 8.5. Latin America
      • 8.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 8.5.2. Latin America Market Revenue, By Type, 2016 – 2028
      • 8.5.3. Latin America Market Revenue, By Deployment, 2016 – 2028
      • 8.5.4. Latin America Market Revenue, By Application, 2016 – 2028
      • 8.5.5. Latin America Market Revenue, By End Use, 2016 – 2028
      • 8.5.6. Brazil
        • 8.5.6.1. Brazil Market Revenue, By Type, 2016 – 2028
        • 8.5.6.2. Brazil Market Revenue, By Deployment, 2016 – 2028
        • 8.5.6.3. Brazil Market Revenue, By Application, 2016 – 2028
        • 8.5.6.4. Brazil Market Revenue, By End Use, 2016 – 2028
      • 8.5.7. Argentina
        • 8.5.7.1. Argentina Market Revenue, By Type, 2016 – 2028
        • 8.5.7.2. Argentina Market Revenue, By Deployment, 2016 – 2028
        • 8.5.7.3. Argentina Market Revenue, By Application, 2016 – 2028
        • 8.5.7.4. Argentina Market Revenue, By End Use, 2016 – 2028
      • 8.5.8. Rest of Latin America
        • 8.5.8.1. Rest of Latin America Market Revenue, By Type, 2016 – 2028
        • 8.5.8.2. Rest of Latin America Market Revenue, By Deployment, 2016 – 2028
        • 8.5.8.3. Rest of Latin America Market Revenue, By Application, 2016 – 2028
        • 8.5.8.4. Rest of Latin America Market Revenue, By End Use, 2016 – 2028
    • 8.6. The Middle-East and Africa
      • 8.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 8.6.2. The Middle-East and Africa Market Revenue, By Type, 2016 – 2028
      • 8.6.3. The Middle-East and Africa Market Revenue, By Deployment, 2016 – 2028
      • 8.6.4. The Middle-East and Africa Market Revenue, By Application, 2016 – 2028
      • 8.6.5. The Middle-East and Africa Market Revenue, By End Use, 2016 – 2028
      • 8.6.6. GCC Countries
        • 8.6.6.1. GCC Countries Market Revenue, By Type, 2016 – 2028
        • 8.6.6.2. GCC Countries Market Revenue, By Deployment, 2016 – 2028
        • 8.6.6.3. GCC Countries Market Revenue, By Application, 2016 – 2028
        • 8.6.6.4. GCC Countries Market Revenue, By End Use, 2016 – 2028
      • 8.6.7. South Africa
        • 8.6.7.1. South Africa Market Revenue, By Type, 2016 – 2028
        • 8.6.7.2. South Africa Market Revenue, By Deployment, 2016 – 2028
        • 8.6.7.3. South Africa Market Revenue, By Application, 2016 – 2028
        • 8.6.7.4. South Africa Market Revenue, By End Use, 2016 – 2028
      • 8.6.8. Rest of Middle-East Africa
        • 8.6.8.1. Rest of Middle-East Africa Market Revenue, By Type, 2016 – 2028
        • 8.6.8.2. Rest of Middle-East Africa Market Revenue, By Deployment, 2016 – 2028
        • 8.6.8.3. Rest of Middle-East Africa Market Revenue, By Application, 2016 – 2028
        • 8.6.8.4. Rest of Middle-East Africa Market Revenue, By End Use, 2016 – 2028
  • Chapter No. 9: VIDEO ANALYTICS Market – Industry Analysis
    • 9.1. Introduction
    • 9.2. Market Drivers
    • 9.3. Market Restraints
    • 9.4. Market Opportunities
    • 9.5. Porter’s Five Forces Analysis
    • 9.6. PEST Analysis
    • 9.7. Regulatory Landscape
    • 9.8. Technulogy Landscape
    • 9.9. Regional Market Trends
      • 9.9.1. North America
      • 9.9.2. Europe
      • 9.9.3. Asia Pacific
      • 9.9.4. Latin America
      • 9.9.5. The Middle-East and Africa
  • Chapter No. 10: Competitive Landscape
    • 10.1. Company Market Share Analysis – 2019
      • 10.1.1. Global VIDEO ANALYTICS Market: Company Market Share, 2019
      • 10.1.2. Global VIDEO ANALYTICS Market, Company Market Revenue, 2016 – 2019 (USD Million)
      • 10.1.3. Global VIDEO ANALYTICS Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 10.1.4. Global VIDEO ANALYTICS Market: Radar Determinant Chart, 2019
    • 10.2. Strategic Developments
      • 10.2.1. Acquisitions & Mergers
      • 10.2.2. New Product Launch
      • 10.2.3. Regional Expansion
    • 10.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 11: Company Profiles
    • 11.1. Cisco
    • 11.2. Avigilon
    • 11.3. Axis Communications
    • 11.4. AllGoVision
    • 11.5. Agent VI
    • 11.6. Aventura Systems
    • 11.7. i2V
    • 11.8. Genetec
    • 11.9. IntelliVision
    • 11.10. PureTech Systems
    • 11.11. intuVision
    • 11.12. Qognify
    • 11.13. iOmniscient
    • 11.14. Honeywell
    • 11.15. BriefCam
    • 11.16. Digital Barriers
    • 11.17. IBM
    • 11.18. IPSOTEK
    • 11.19. Gorilla Technulogy
    • 11.20. Viseum
  • Chapter No. 12: Marketing Strategy Analysis
    • 12.1. Marketing Channel
    • 12.2. Direct Marketing
    • 12.3. Indirect Marketing
    • 12.4. Marketing Channel Development Trends
    • 12.5. Economic/Pulitical Environmental Change
  • Chapter No. 13: Research Methodulogy
    • 13.1. Research Methodulogy
    • 13.2. Phase I - Secondary Research
    • 13.3. Phase II - Data Modeling
      • 13.3.1. Company Share Analysis Model
      • 13.3.2. Revenue Based Modeling
    • 13.4. Phase III - Primary Research
    • 13.5. Research Limitations
      • 13.5.1. Assumptions

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Video Analytics market. Zion Research has collected and analyzed key data belong to the global Video Analytics market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account, while estimating market size. The revenue generated by the leading industry participants in from the sales of Video Analytics across the world has been calculated through primary and secondary research.

Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in validation of findings from secondary research and to understand key trends in the Video Analytics industry. Primary research makes up the major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Video Analytics market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

Video Analytics is enabling a rapidly increasing number of embedded video products which include smart cameras and intelligent digital video recorders (DVRs) with automated capabilities that a few years ago which required human monitoring. Generally, video analytics is the extraction of relevant and meaningful information from the digital video. As opposed to video compression, which attempts to exploit the redundancy in digital video for the purpose of reducing its size, analytics is concerned with considerate the content of the video. Video Analytics builds upon research in computer vision, machine intelligence, and pattern analysis, and spans various industry segments including surveillance, transportation, and retail. It is also known as video content analysis (VCA) or intelligent video.

Global video analytics market is primarily driven by rising demand for improved security arrangements. In addition, Increasing terrorist attacks, frequency and intensity of security breaches is expected to flourish the growth of video analytics market in near future. Furthermore, government investments especially in U.S. and U.K. in emerging technologies to enhance public safety infrastructure paired with the demand for actionable insights is predicted to shape the growth of video analytics market in the analysis period. On a contrary, bandwidth and storage issues are expected to limit video analytics market growth. Nonetheless, huge demand for video analytics in sectors such as retail and entertainment may disclose new avenues for video analytics market in the years to come.

Global-Video-Analytics-Market.

Based on the type, global video analytics market is bifurcated into software and services.  Incident detection, intrusion management, people/crowd counting, traffic monitoring, automatic number plate recognition (ANPR), facial recognition and other applications are the application segment of video analytics market. The vertical segment of video analytics market categorized into border security, hospitality, and entertainment, city surveillance, transportation, critical infrastructure protection, BFSI, retail, education and other verticals

North America emerged as dominating regional markets for video analytics market in 2016. The growth of this region is mainly attributed to increasing demand for transportation and retail industry verticals. U.S. and Western Europe will be opportunist region for video analytics market owing to public sectors investments in emerging technologies to enhance public safety infrastructure. Asia Pacific is expected to grow with the highest CADR during the analysis period. Latin America is expected to witness substantial growth owing to rising demand for improved security arrangements.

Some of the prominent player’s operative in the video analytics markets are Puretech Systems, Agent Video Intelligence, Allgovision Technologies, Axis Communications, IBM, Cisco Systems, Inc., Honeywell International Incorporation, Genetec Inc., Avigilon Corporation, Aventura Technologies, Intuvision, Inc and Intellivision Technologies amongst others.


Frequently Asked Questions

The global video analytics market was valued at USD 5.12 Billion in 2020.

The global video analytics market is expected to reach USD 24.61 Billion by 2028, growing at a CAGR of 21.9% between 2021 to 2028.

Some of the key factors driving the global video analytics market growth are heavy investment of public and private corporations in video surveillance systems, awareness of benefits from real time surveillance videos.

North America region held a substantial share of the video analytics market in 2020.Government in the region is heavily investing in the technology. Asia Pacific region is projected to grow at a significant rate owing to the rising demand for video analytics in developing economies such as China and India.

Some of key players in video analytics market are Cisco, Avigilon, Axis Communications, AllGoVision, Agent VI, Aventura Systems, i2V, Genetec, IntelliVision, PureTech Systems, intuVision, Qognify, iOmniscient, Honeywell, BriefCam, Digital Barriers, IBM, IPSOTEK, Gorilla Technology, Viseum, KiwiSecurity, DELOPT, Intelligent Security Systems, Hikvision, Verint, Huawei, Senstar, Dahua, Identiv and Bosch Security, among others.

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