Video Analytics Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Video Analytics Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Video Analytics Market


The video analytics market size was valued at USD 8.37 billion in 2023, and the market is now projected to grow from USD 10.25 billion in 2024 to USD 52.67 billion by 2032, exhibiting a CAGR of 22.7% during the forecast period of 2024-2032.

COVID- 19 pandemic has tremendously affected the complete world. It enhanced the implementation of analytics integrated scrutiny systems, CCTV cameras, and video streaming services.Businesses, comprising healthcare, marketing, construction, management, and tourism, augmented the habit of surveillance cameras for public safety, mask obedience, and gathering density management. This surge in demand is projected to motivate market development in the upcoming years as organizations prioritize safety measures and investigation technologies.

Increasing safety concerns universally, has intensified the necessity for improved surveillance systems. Immediate analytics with high-performance abilities can convert standard surveillance networks used in smart recognition and vigilant systems for vehicles, static objects, or individuals. Immediate event recognition has helped in decreasing crimes, robberies, and other felonious happenings while improving the overall social surroundings and global trade environment. This factor has projected to boost the video analytics market growth.

The increasing demand for high-resolution cameras is anticipated to motivate the development of the video analytics market. The high-resolution videos benefit to identify and examine stuffs/persons in the crowd, trigger alarms when certain circumstances are seen. Technological improvements and innovation motivate unique proceeds augmenting opportunity which will upsurge the market growth.

Comprehensive Analysis of Video Analytics Market

The market can be segmented in various ways depending on the focus of study such as by end users and by application. Each sector has precise characteristics and growth factors depending on technological progressions, regional security needs, and industry-specific requirements. This segmentation benefits in understanding the varied applications and acceptance rates of video analytics across different sectors and regions. Based on the application, the market is segmented into crowd management, facial recognition, license plate recognition, motion detection, intrusion detection, and others), By Deployment, on premise, cloud. By end-user, the market is segmented into large enterprises, and small and medium enterprises.

North America region is dominating the video analytics market share due to presenting innovative technologies. The high attention of market leaders contributes to the region's foremost position by inspiring innovation and positioning of innovative solutions.

Players in the market are involved in partnerships and collaborations to fortify their business and upsurge their customer base. They target to form intelligent video content analytics solutions using Machine Learning (ML), Artificial Intelligence (AI), and cloud technologies. These players include Cisco System, Inc. (U.S.),Avigilon Corporation (Motorola Solutions, Inc.) (U.S.), Honeywell International Inc. (U.S.), Huawei Technologies Co Ltd. (China), Qualcomm Technologies, Inc. (U.S.), Claro Enterprise Solutions (U.S.), IBM Corporation (U.S.), Canon Inc. (Japan), Robert Bosch GmbH (Germany), Irisity AB (Sweden), Genetec Inc. (Canada), AllGoVision Technologies Pvt Ltd. (India), IntuVision Inc. (U.S.) these market players spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market.

In May 2023, VinAI collaborated with Qualcomm Technologies, Inc. through the launch of GaurdPro, an AI-powered safety and compliance solution personalized for smart cities. This solution emphases on real-time monitoring of residential and commercial buildings in smart cities, pointing to enhance safety measures and confirm compliance with regulations.

Segmentation Table

TRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate Growth rate of 22.7% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Application

Crowd Management

Facial Recognition

License Plate Recognition

Motion Detection

Intrusion Detection

Others (Traffic monitoring, Item Detection, People Tracking)

By Deployment

On-premise

Cloud

By Enterprise Type

Large Enterprises

Small and Medium Enterprises (SMEs)

By Industry

BFSI

Government (Smart Cities, Law Enforcement)

Critical Infrastructure

Education

Retail

Travel and Transportation

Healthcare

Others (Mining, others)

By Region

North America (By Application, By Deployment, By Enterprise Type, By Industry, By Country)

-U.S. (By Application)

-Canada (By Application)

Europe (By Application, By Deployment, By Enterprise Type, By Industry, By Country)

-U.K. (By Application)

-Germany (By Application)

-France (By Application)

-Rest of Europe

Asia Pacific (By Application, By Deployment, By Enterprise Type, By Industry, By Country)

-China (By Application)

-India (By Application)

-Japan (By Application)

-Southeast Asia (By Application)

-Rest of Asia Pacific

Middle East & Africa (By Application, By Deployment, By Enterprise Type, By Industry, By Country)

-GCC (By Application)

-South Africa (By Application)

-Rest of the Middle East & Africa

South America (By Application, By Deployment, By Enterprise Type, By Industry, By Country)

-Brazil (By Application)

-Mexico (By Application)

-Rest of South America


1. Introduction
1.1. Definition, By Segment
1.2. Research Methodology/Approach
1.3. Data Sources
2. Executive Summary
3. Market Dynamics
3.1. Macro and Micro Economic Indicators
3.2. Drivers, Restraints, Opportunities and Trends
4. Competition Landscape
4.1. Business Strategies Adopted by Key Players
4.2. Consolidated SWOT Analysis of Key Players
4.3. Global Video Analytics Key Players Market Share/Ranking, 2023
5. Global Video Analytics Market Size Estimates and Forecasts, By Segments, 2019-2032
5.1. Key Findings
5.2. By Application (USD)
5.2.1. Crowd management
5.2.2. Facial Recognition
5.2.3. License Plate Recognition
5.2.4. Motion Detection
5.2.5. Intrusion detection
5.2.6. Others (Traffic monitoring, Item Detection, People Tracking, etc.)
5.3. By Deployment (USD)
5.3.1. On-premise
5.3.2. Cloud
5.4. Enterprise Type (USD)
5.4.1. Large Enterprises
5.4.2. Small and Medium Enterprises (SMEs)
5.5. By Industry (USD)
5.5.1. BFSI
5.5.2. Government (Smart Cities, Law Enforcement)
5.5.3. Critical Infrastructure
5.5.4. Education
5.5.5. Retail
5.5.6. Travel and Transportation
5.5.7. Healthcare
5.5.8. Others (Mining, etc.)
5.6. By Region (USD)
5.6.1. North America
5.6.2. South America
5.6.3. Europe
5.6.4. Middle East and Africa
5.6.5. Asia Pacific
6. North America Video Analytics Market Size Estimates and Forecasts, By Segments, 2019-2032
6.1. Key Findings
6.2. By Application (USD)
6.2.1. Crowd management
6.2.2. Facial Recognition
6.2.3. License Plate Recognition
6.2.4. Motion Detection
6.2.5. Intrusion detection
6.2.6. Others (Traffic monitoring, Item Detection, People Tracking, etc.)
6.3. By Deployment (USD)
6.3.1. On-premise
6.3.2. Cloud
6.4. Enterprise Type (USD)
6.4.1. Large Enterprises
6.4.2. Small and Medium Enterprises (SMEs)
6.5. By Industry (USD)
6.5.1. BFSI
6.5.2. Government (Smart Cities, Law Enforcement)
6.5.3. Critical Infrastructure
6.5.4. Education
6.5.5. Retail
6.5.6. Travel and Transportation
6.5.7. Healthcare
6.6. By Country (USD)
6.6.1. United States
6.6.1.1. Application
6.6.2. Canada
6.6.2.1. Application
7. South America Video Analytics Market Size Estimates and Forecasts, By Segments, 2019-2032
7.1. Key Findings
7.2. By Application (USD)
7.2.1. Crowd management
7.2.2. Facial Recognition
7.2.3. License Plate Recognition
7.2.4. Motion Detection
7.2.5. Intrusion detection
7.2.6. Others (Traffic monitoring, Item Detection, People Tracking, etc.)
7.3. By Deployment (USD)
7.3.1. On-premise
7.3.2. Cloud
7.4. Enterprise Type (USD)
7.4.1. Large Enterprises
7.4.2. Small and Medium Enterprises (SMEs)
7.5. By Industry (USD)
7.5.1. BFSI
7.5.2. Government (Smart Cities, Law Enforcement)
7.5.3. Critical Infrastructure
7.5.4. Education
7.5.5. Retail
7.5.6. Travel and Transportation
7.5.7. Healthcare
7.6. By Country (USD)
7.6.1. Brazil
7.6.1.1. Application
7.6.2. Mexico
7.6.2.1. Application
7.6.3. Rest of South America
8. Europe Video Analytics Market Size Estimates and Forecasts, By Segments, 2019-2032
8.1. Key Findings
8.2. By Application (USD)
8.2.1. Crowd management
8.2.2. Facial Recognition
8.2.3. License Plate Recognition
8.2.4. Motion Detection
8.2.5. Intrusion detection
8.2.6. Others (Traffic monitoring, Item Detection, People Tracking, etc.)
8.3. By Deployment (USD)
8.3.1. On-premise
8.3.2. Cloud
8.4. Enterprise Type (USD)
8.4.1. Large Enterprises
8.4.2. Small and Medium Enterprises (SMEs)
8.5. By Industry (USD)
8.5.1. BFSI
8.5.2. Government (Smart Cities, Law Enforcement)
8.5.3. Critical Infrastructure
8.5.4. Education
8.5.5. Retail
8.5.6. Travel and Transportation
8.5.7. Healthcare
8.6. By Country (USD)
8.6.1. United Kingdom
8.6.1.1. Application
8.6.2. Germany
8.6.2.1. Application
8.6.3. France
8.6.3.1. Application
8.6.4. Rest of Europe
9. Middle East & Africa Video Analytics Market Size Estimates and Forecasts, By Segments, 2019-2032
9.1. Key Findings
9.2. By Application (USD)
9.2.1. Crowd management
9.2.2. Facial Recognition
9.2.3. License Plate Recognition
9.2.4. Motion Detection
9.2.5. Intrusion detection
9.2.6. Others (Traffic monitoring, Item Detection, People Tracking, etc.)
9.3. By Deployment (USD)
9.3.1. On-premise
9.3.2. Cloud
9.4. Enterprise Type (USD)
9.4.1. Large Enterprises
9.4.2. Small and Medium Enterprises (SMEs)
9.5. By Industry (USD)
9.5.1. BFSI
9.5.2. Government (Smart Cities, Law Enforcement)
9.5.3. Critical Infrastructure
9.5.4. Education
9.5.5. Retail
9.5.6. Travel and Transportation
9.5.7. Healthcare
9.6. By Country (USD)
9.6.1. GCC
9.6.1.1. Application
9.6.2. South Africa
9.6.2.1. Application
9.6.3. Rest of Middle East & Africa
10. Asia Pacific Video Analytics Market Size Estimates and Forecasts, By Segments, 2019-2032
10.1. Key Findings
10.2. By Application (USD)
10.2.1. Crowd management
10.2.2. Facial Recognition
10.2.3. License Plate Recognition
10.2.4. Motion Detection
10.2.5. Intrusion detection
10.2.6. Others (Traffic monitoring, Item Detection, People Tracking, etc.)
10.3. By Deployment (USD)
10.3.1. On-premise
10.3.2. Cloud
10.4. Enterprise Type (USD)
10.4.1. Large Enterprises
10.4.2. Small and Medium Enterprises (SMEs)
10.5. By Industry (USD)
10.5.1. BFSI
10.5.2. Government (Smart Cities, Law Enforcement)
10.5.3. Critical Infrastructure
10.5.4. Education
10.5.5. Retail
10.5.6. Travel and Transportation
10.5.7. Healthcare
10.6. By Country (USD)
10.6.1. China
10.6.1.1. Application
10.6.2. India
10.6.2.1. Application
10.6.3. Japan
10.6.3.1. Application
10.6.4. Southeast Asia
10.6.4.1. Application
10.6.5. Rest of Asia Pacific
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
11.1. Cisco Systems, Inc.
11.1.1. Overview
11.1.1.1. Key Management
11.1.1.2. Headquarters
11.1.1.3. Offerings/Business Segments
11.1.2. Key Details (Key details are consolidated data and not product/service specific)
11.1.2.1. Employee Size
11.1.2.2. Past and Current Revenue
11.1.2.3. Geographical Share
11.1.2.4. Business Segment Share
11.1.2.5. Recent Developments
11.2. Avigilon Corporation (Motorola Applications, Inc.)
11.2.1. Overview
11.2.1.1. Key Management
11.2.1.2. Headquarters
11.2.1.3. Offerings/Business Segments
11.2.2. Key Details (Key details are consolidated data and not product/service specific)
11.2.2.1. Employee Size
11.2.2.2. Past and Current Revenue
11.2.2.3. Geographical Share
11.2.2.4. Business Segment Share
11.2.2.5. Recent Developments
11.3. Honeywell International Inc.
11.3.1. Overview
11.3.1.1. Key Management
11.3.1.2. Headquarters
11.3.1.3. Offerings/Business Segments
11.3.2. Key Details (Key details are consolidated data and not product/service specific)
11.3.2.1. Employee Size
11.3.2.2. Past and Current Revenue
11.3.2.3. Geographical Share
11.3.2.4. Business Segment Share
11.3.2.5. Recent Developments
11.4. Huawei Technologies Co Ltd.
11.4.1. Overview
11.4.1.1. Key Management
11.4.1.2. Headquarters
11.4.1.3. Offerings/Business Segments
11.4.2. Key Details (Key details are consolidated data and not product/service specific)
11.4.2.1. Employee Size
11.4.2.2. Past and Current Revenue
11.4.2.3. Geographical Share
11.4.2.4. Business Segment Share
11.4.2.5. Recent Developments
11.5. IBM Corporation
11.5.1. Overview
11.5.1.1. Key Management
11.5.1.2. Headquarters
11.5.1.3. Offerings/Business Segments
11.5.2. Key Details (Key details are consolidated data and not product/service specific)
11.5.2.1. Employee Size
11.5.2.2. Past and Current Revenue
11.5.2.3. Geographical Share
11.5.2.4. Business Segment Share
11.5.2.5. Recent Developments
11.6. Robert Bosch GmbH
11.6.1. Overview
11.6.1.1. Key Management
11.6.1.2. Headquarters
11.6.1.3. Offerings/Business Segments
11.6.2. Key Details (Key details are consolidated data and not product/service specific)
11.6.2.1. Employee Size
11.6.2.2. Past and Current Revenue
11.6.2.3. Geographical Share
11.6.2.4. Business Segment Share
11.6.2.5. Recent Developments
11.7. Canon Inc. (Axis Communications AB)
11.7.1. Overview
11.7.1.1. Key Management
11.7.1.2. Headquarters
11.7.1.3. Offerings/Business Segments
11.7.2. Key Details (Key details are consolidated data and not product/service specific)
11.7.2.1. Employee Size
11.7.2.2. Past and Current Revenue
11.7.2.3. Geographical Share
11.7.2.4. Business Segment Share
11.7.2.5. Recent Developments
11.8. Genetec Inc.
11.8.1. Overview
11.8.1.1. Key Management
11.8.1.2. Headquarters
11.8.1.3. Offerings/Business Segments
11.8.2. Key Details (Key details are consolidated data and not product/service specific)
11.8.2.1. Employee Size
11.8.2.2. Past and Current Revenue
11.8.2.3. Geographical Share
11.8.2.4. Business Segment Share
11.8.2.5. Recent Developments
11.9. AllGoVision Technologies Pvt Ltd.
11.9.1. Overview
11.9.1.1. Key Management
11.9.1.2. Headquarters
11.9.1.3. Offerings/Business Segments
11.9.2. Key Details (Key details are consolidated data and not product/service specific)
11.9.2.1. Employee Size
11.9.2.2. Past and Current Revenue
11.9.2.3. Geographical Share
11.9.2.4. Business Segment Share
11.9.2.5. Recent Developments
11.10. IntuVision Inc.
11.10.1. Overview
11.10.1.1. Key Management
11.10.1.2. Headquarters
11.10.1.3. Offerings/Business Segments
11.10.2. Key Details (Key details are consolidated data and not product/service specific)
11.10.2.1. Employee Size
11.10.2.2. Past and Current Revenue
11.10.2.3. Geographical Share
11.10.2.4. Business Segment Share
11.10.2.5. Recent Developments

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