DUBLIN--(BUSINESS WIRE)--The "Video Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global video analytics market exhibited growth during 2015-2020. Looking forward, the publisher expects the global video analytics market to grow at a CAGR of 22% during 2021-2026.
Video analytics refers to the computerized monitoring, processing and analysis of video streams in real-time to recognize spatial events. It usually involves software applications, multiple cameras and artificial intelligence (AI)-based programs that obtain insights about attributes, events and human behavioral patterns through videos. These insights are used for surveillance, motion and intrusion detection, generating heat maps and observing traffic patterns on social media platforms. They are also used for dynamic blurring, 2D and 3D counting, facial recognition and license plate reading. As a result, video analytics finds extensive applications across various industries, such as banking, financial services and insurance (BFSI), retail, critical infrastructure, traffic management, and transportation & logistics.
Significant improvements in public surveillance and security systems are among the key factors driving the growth of the market. Video analytics aid in improving public and perimeter safety by automatically tracking and gaining reliable insights from video frames of vehicles, individuals and other items, thus reducing the chances of human errors or negligence in gaining novel perceptions. Furthermore, the widespread adoption of internet protocol (IP)-based surveillance systems for business intelligence (BI) is also supporting the market growth. For instance, video analytics is used in the retail sector for strolling recognition, footfall measurement and consumer behavior analysis, which aids in improving the overall production, distribution and maintenance processes.
Additionally, various technological advancements, such as the utilization of the Internet of Things (IoT), AI and machine learning (ML) systems, are acting as other growth-inducing factors. Video analytics processes the data using algorithms for accurate, reliable and critical insights and enables the organizations to make prompt and accurate decisions. This is creating a positive outlook for the market further.
Companies Mentioned
- Agent Video Intelligence Ltd.
- AllGoVision Technologies Pvt. Ltd.
- Aventura Technologies Inc
- Avigilon Corporation (Motorola Solutions)
- Axis Communications AB (Canon Inc.)
- Cisco Systems Inc.
- Gorilla Technology Inc. (Gorilla Science & Technology Holding Inc)
- Honeywell International Inc.
- IBM
- IntelliVision Technologies Corp. (Nortek Security & Control LLC)
- Intelligent Security Systems Corporation
- KiwiSecurity Software GmbH
- PureTech Systems Inc. (FLIR Systems)
- Qognify Inc
- Verint Systems Inc
Key Questions Answered in This Report:
- How has the global video analytics market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global video analytics market?
- What are the key regional markets?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the deployment type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the architecture type?
- What is the breakup of the market based on the organization size?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global video analytics market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Video Analytics Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Software
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Services
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Deployment Type
7.1 On-Premises
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Cloud
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Incident Detection
8.2 Intrusion Management
8.3 People/Crowd Counting
8.4 Traffic Monitoring
8.5 Automatic Number Plate Recognition
8.6 Facial Recognition
8.7 Others
9 Market Breakup by Architecture Type
9.1 Edge-Based
9.2 Server-Based
10 Market Breakup by Organization Size
10.1 Small and Medium Enterprise
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Large Enterprise
10.2.1 Market Trends
10.2.2 Market Forecast
11 Market Breakup by End User
11.1 BFSI
11.2 Retail
11.3 Critical Infrastructure
11.4 Traffic Management
11.5 Transportation and Logistics
11.6 Hospitality and Entertainment
11.7 Defense and Security
11.8 Others
12 Market Breakup by Region
12.1 North America
12.2 Asia Pacific
12.3 Europe
12.4 Latin America
12.5 Middle East and Africa
13 SWOT Analysis
14 Value Chain Analysis
15 Porters Five Forces Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players
17.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/rrss5o
