According to Market Study Report, Video Analytics Market provides a comprehensive analysis of the Video Analytics Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, technological trends and emerging opportunities of global industry.This report also provides market landscape and market share information in the Video Analytics Market.
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The Global Video Analytics Market is expected to grow from USD 4.9 Billion in 2020 to USD 11.7 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 19.0% during the forecast period.This report spread across 225 pages, profiling 30 companies and supported with 108 tables and 63 figures are now available in this research.
Key Players- Avigilon (Canada), Cisco (US), Axis Communications (Sweden), Agent VI (US), AllGoVision (India), Aventura Systems (US), Genetec (Canada), i2V (India), IntelliVision (US), intuVision (US), PureTech Systems (US), Qognify (US), Honeywell (US), IBM (US), iOmniscient (Australia), BriefCam (US), Digital Barriers (UK), IPSOTEK (UK), Gorilla Technology (Taiwan), DELOPT (India), Viseum (UK), KiwiSecurity (Austria), Intelligent Security Systems (US), Verint (US), Hikvision (China), Huawei (China), Dahua (China), Senstar (Canada), Identiv (US), and Bosch Security (Germany).
“Software segment to grow at a higher CAGR during the forecast period”
Video analytics software eliminate the drawbacks of traditional video surveillance systems by offering capabilities that are instrumental in detecting abnormalities and crimes, thereby ensuring optimum operational efficiency. The demand for video analytics software is being driven by its ability to be integrated with the existing analog, Internet Protocol (IP), or megapixel cameras in enterprises, thus eliminating the need for the deployment of additional hardware.
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“City surveillance vertical to hold the highest market share in 2020”
Governments across the world are seeking advanced solutions to minimize the threats to their citizens. These threats could range from organized criminal acts to random acts of violence. Video analytics plays an important role in city surveillance and is being used for controlling traffic on highways or freeways, tracking data from remote locations, managing the crowd flow, detecting motion for identifying over-speeding vehicles, facial recognition by law enforcement authorities, and identifying camera tampering.
“Asia Pacificto grow at the highest CAGR during the forecast period”
The video analytics market in APAC is expected to witness exponential growth, mainly because of the rising awareness about the potential security threats to individuals, and the growing manufacturing industry.
Breakdown of primary participants’ profile:
• By Company – Tier 1–19%, Tier 2–35%, and Tier 3–46%
• By Designation –C-level Executive–33%,Director–26%, and Others–41%
• By Region – North America–38%, Europe–35%,APAC–11%, RoW – 16%
Competitive Landscape of Video Analytics Market:
1 Introduction
2 Market Evaluation Framework
3 Key Market Developments
3.1 New Product Launches
3.2 Acquisitions
3.3 Partnerships
4 Ranking Of Key Players In The Market, 2020
5 Revenue Analysis Of Top Market Players
6 Competitive Leadership Mapping
6.1 Visionary Leaders
6.2 Innovators
6.3 Dynamic Differentiators
6.4 Emerging Companies
Reason to access this report:
The report would help the market leaders/new entrants in this market with the information on the closest approximations of the revenue numbers for the overall video analytics market and the sub segments. This report would help stakeholders understand the competitive landscape and gain insights to better position their businesses and plan suitable go-to-market strategies.
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