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Global Video Analytics Market
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The new report by Expert Market Research titled, ' Global Video Analytics Market Report and Forecast 2021-2026 ', gives an in-depth analysis of the global video analytics market, assessing the market based on its segments like type, component type, deployment, application, end use, and major regions like Asia Pacific, Europe, North America, Middle East and Africa and Latin America. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter's Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.
Request a free sample copy in PDF or view the report summary@
The key highlights of the report include:
Market Overview (2021-2026)
- Historical Market Size (2020): USD 7.49 Trillion
- Forecast CAGR (2021-2026): 21%
- Forecast Market Size (2026): USD 23.5 Billion
The global video analytics market is driven by the growing need for video surveillance in various sectors. The increasing incidence of terror attacks and anti-social activities have increased the demand for 24 hours surveillance. The surveillance of huge amount of data to detect real time threats and alarms have created the demand for video analytic software. Further, the errors caused by manual surveillance of video data drives the demand for video analytic software. Additionally, advances in the artificial intelligence, face recognition and CCTV technologies will further aid to the growth of video analytics market in the forecast period.
Industry Definition and Major Segments
Video analytics refers to tools used for the analysis of video sources in near real-time. When watching the videos, through video analysis of regulated environments, the software identifies features, behaviors, or patterns of unique behavior. The program can generate automatic alerts and can allow historical records to be checked forensically.
Explore the full report with the table of contents@
By component type, the market is divided into:
Based on type, the market segmented into:
- EDGE Based
Based on deployment type, the market segmented into:
- On Premise
On the basis of application, the market is divided into:
- Incident Detection
- Intrusion Management
- People/Crowd Counting
- Traffic Monitoring
- Automatic Number Plate Recognition
- Facial Recognition
Based on end-use, the market is segmented into:
- Critical Infrastructure
On the basis of regional markets, the industry is divided into:
1 North America
1.1 United States of America
2.2 United Kingdom
3 Asia Pacific
4 Latin America
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.4 South Africa
Regionally, North America holds the largest share in global video analytics market. This is attributed to presence ho key players, growing advances in software development sector and widespread of surveillance cameras. Meanwhile, Asia Pacific is expected to witness rapid growth owing to increasing industrial and infrastructural development, in the forecast period.
Key Market Players
The major players in the market are Axis Communications AB, Honeywell International Inc, Bosch Sicherheitssysteme GmbH, Avigilon Corporation, Cisco Systems Inc., IBM Corporation, Genetec Inc., and a few others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviors. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients' needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com . Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos ( https://informesdeexpertos.com ), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client's unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Company Name: Expert Market Research
Contact Person: Steven Luke, Corporate Sales Specialist – USA
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Country: United States
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
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