Video Analytics Market by Component (Service, Software), Deployment Model (Cloud, On-Premises), Application - Global Forecast 2023-2030
The Video Analytics Market size was estimated at USD 6.10 billion in 2022 and expected to reach USD 7.63 billion in 2023, at a CAGR 25.47% to reach USD 37.52 billion by 2030.
Market Segmentation & Coverage:This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Video Analytics Market.
- Based on Component, market is studied across Service and Software. The Service is projected to witness significant market share during forecast period.
- Based on Deployment Model, market is studied across Cloud and On-Premises. The Cloud is projected to witness significant market share during forecast period.
- Based on Application, market is studied across Incident Detection, Intrusion Management, People/Crowd Counting, and Traffic Monitoring. The Traffic Monitoring is projected to witness significant market share during forecast period.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:The FPNV Positioning Matrix is an indispensable tool for assessing the Video Analytics Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:The Market Share Analysis offers invaluable insights into the vendor landscape Video Analytics Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:The report delves into recent significant developments in the Video Analytics Market, highlighting leading vendors and their innovative profiles. These include Agent Video Intelligence Ltd., AllGoVision Technologies Pvt Ltd., Avigilon Corporation, Axis Communications AB, Bosch Sicherheitssysteme GmbH, Briefcam, Ltd., Cisco Systems Inc., Genetec Inc., Gorilla Technology Group, Honeywell International Inc., I2V Systems Private Ltd., Intellivision Technologies Private Ltd., International Business Machines Corporation, Microsoft Corporation, and Qognify Ltd..
The report offers valuable insights on the following aspects:- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:- What is the market size and forecast for the Video Analytics Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Video Analytics Market?
- What is the competitive strategic window for identifying opportunities in the Video Analytics Market?
- What are the latest technology trends and regulatory frameworks in the Video Analytics Market?
- What is the market share of the leading vendors in the Video Analytics Market?
- Which modes and strategic moves are suitable for entering the Video Analytics Market?
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