Video Analytics Market Overview 2021-2026; Industry Size, Scope, Growth Drivers, Upcoming Trends, Opportunities and Competitive Outlook
Research Reports
Apr 05, 2021
According to IMARC Group’s latest report, titled “Video Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global video analytics market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the global market to grow at a CAGR of 22% during 2021-2026.
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
Video Analytics Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape:
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:
- Honeywell International Inc.
- Axis Communications AB (Canon Inc.)
- IBM
- Cisco Systems Inc.
- Avigilon Corporation (Motorola Solutions)
- Verint Systems Inc.
- KiwiSecurity Software GmbH
- Agent Video Intelligence Ltd.
- Qognify Inc.
- IntelliVision Technologies Corp. (Nortek Security & Control LLC)
- Intelligent Security Systems Corporation
- PureTech Systems Inc. (FLIR Systems)
- Gorilla Technology Inc. (Gorilla Science & Technology Holding 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:
- Software
- Services
Breakup by Deployment Type:
- On-Premises
- Cloud
Breakup by Application:
- Incident Detection
- Intrusion Management
- People/Crowd Counting
- Traffic Monitoring
- Automatic Number Plate Recognition
- Facial Recognition
- Others
Breakup by Architecture Type:
- Edge-Based
- Server-Based
Breakup by Organization Size:
- Small and Medium Enterprise
- Large Enterprise
Breakup by End User:
- BFSI
- Retail
- Critical Infrastructure
- Traffic Management
- Transportation? and Logistics
- Hospitality and Entertainment?
- Defense and Security
- Others
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Explore full report with table of contents: https://www.imarcgroup.com/video-analytics-market
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- 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
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.
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About Us
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.
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