Video analytics Market Overview
Video analytics Market size was worth USD 7.3 Billion in 2022, witnessing a CAGR of 23.6% during the forecast period (2022-2030), and the market is expected to hit a valuation of around USD 39.7 Billion by 2030.
Video analytics refers to the process of analyzing and extracting information from video data using computer algorithms. This can include tasks such as object detection, motion tracking, and facial recognition. The data and insights obtained from video analytics can be used in a variety of applications, such as security and surveillance, traffic management, and marketing.
Report Attributes | Report Details |
Study Timeline | 2018-2030 |
Market Size in 2030 (USD Billion) | 39.7 Billion |
CAGR (2022-2030) | 23.6 % |
By Type | Software, Services |
By End User | BFSI, Healthcare, Retail & Logistics, Critical Infrastructure, Hospitality and Transportation, Defense and Security, Other |
By Geography | Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia] Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland] North America [United States, Canada, Mexico] Middle East & Africa [GCC, North Africa, South Africa] South America [Brazil, Argentina, Columbia, Chile, Peru] |
Key Players | Allgovision Technologies Pvt. Ltd., Aventura Technologies, Inc., Axis Communications Ab, Cisco Systems, Inc., Honeywell International Inc., Intellivision Technologies Corp., International Business Machines Corporation, Puretech Systems Inc., Qognify, Verint Systems Inc |
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We have conducted a 360-degree analysis of the Video analytics market. Approaches for both primary and secondary research. As a result, we were better able to comprehend current market dynamics, the supply-demand imbalance, pricing trends, product preferences, customer behaviours, and other factors. Primary research was used to further validate the findings with industry professionals and opinion leaders from other nations. Through a variety of market estimation and data validation procedures, the data is further collated and validated. Additionally, we have a model for internally generated data that forecasts market growth until 2030.
Video analytics Market Segmentation Analysis:-
By Type:
• Software
• Services
By End Use:
• BFSI
• Healthcare
• Retail & Logistics
• Critical Infrastructure
• Hospitality and Transportation
• Defense and Security
• Other
Global Video analytics Market Competitive Landscape:
The market research report on the Video analytics market comprises the compilation of quantitative and qualitative evaluations of the industry position. Additionally, the in-detailed analysis of the market trends adopted by the industry players and the macroeconomic indicators influencing the value chain of businesses provide a complete outlook of market circumstances. Thus, mentioned are the major industry players that make up the consolidated market concentrationâ€\"
• Allgovision Technologies Pvt. Ltd.
• Aventura Technologies, Inc.
• Axis Communications Ab
• Cisco Systems Inc.
• Honeywell International Inc.
• Intellivision Technologies Corp.
• International Business Machines Corporation
• Puretech Systems Inc.
• Qognify
• Verint Systems Inc.
With strategic analysis, micro and macro market trend and scenarios, pricing analysis, and an all-encompassing picture of the market conditions in the projected period, the Video analytics Market Research Report keeps a close eye on the leading competitors. It is an expertly written, in-depth study that emphasises key and secondary drivers, market share, top categories, and regional analysis. The paper also examines prominent actors, significant partnerships, mergers, and acquisitions, as well as popular innovations and business practises.
Overview of the market for Video analytics by region:
The market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa based on region (MEA). The North American continent is further divided into nations like the United States and Canada. Europe is further divided into the United Kingdom, France, Germany, Italy, Spain, Russia, and the Rest of Europe. China, Japan, South Korea, India, Australia, South East Asia, and the rest of Asia Pacific make up the subregion of Asia Pacific. The MEA region is further separated into GCC, Turkey, South Africa, and Rest of MEA. The Latin America region is further divided into Brazil, Mexico, and Rest of Latin America.