DUBLIN--(BUSINESS WIRE)--The "Video Analytics Market by Type (Software and Services), Application (Intrusion Management, Incident Detection, People/Crowd Counting, Traffic Monitoring), Deployment (On-Premises and Cloud), Vertical, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The Video Analytics Market Size is Expected to Grow from USD 3.23 Billion in 2018 to USD 8.55 Billion By 2023, at a CAGR of 21.5%.
Government investments in emerging technologies to enhance public safety infrastructure and falling prices of video surveillance equipment are expected to drive the video analytics market
Disadvantages of manual video analysis and enterprises' demand for actionable insights from video data are major growth factors for the market. However, demand for high investments in legacy installations and concerns over privacy could affect the growth of video analytics market.
Services are an important part of video analytics offerings. The deployment of customized video analytics solutions is required for specific security purposes at certain locations. Furthermore, training and consulting services enable customers to use the software with ease and understand its use in a better way. The services segment constitutes professional services as well as managed services. The various services offered in the video analytics market include security design, project management, plan for business continuity, and implementation.
The cloud deployment of video analytics solutions offers various benefits, such as enhanced security, improved scalability, better flexibility, and lower costs. The cloud deployment provides the option of scalability, whereas enterprises that are more concerned about security tend to opt for the private cloud deployment type. The cloud offers high-end performance and greater security. Moreover, it is highly scalable, flexible, and cost efficient as compared to on-premises deployment.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview and Industry Trends
6 Video Analytics Market, By Type
7 Video Analytics Market, By Deployment
8 Video Analytics Market, By Application
9 Video Analytics Market, By Vertical
10 Video Analytics Market, By Region
11 Competitive Landscape
12 Company Profiles
- Agent VI
- Axis Communications
- Cisco Systems
- Digital Barriers
- Gorilla Technology
- Intelligent Security Systems
- Puretech Systems
For more information about this report visit https://www.researchandmarkets.com/research/rftqb7/video_analytics?w=4