Global Video Analytics Market 2024-2028
The video analytics market is forecasted to grow by USD 37492.5 mn during 2023-2028, accelerating at a CAGR of 33.01% during the forecast period. The report on the video analytics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by enhanced decision-making capabilities of users, rising demand for improved security arrangements, and requirement for reduced workforce and availability of filters.
Technavio's video analytics market is segmented as below:
By End-user
- Government sector
- Commercial sector
- Banking and financial services
- Traffic management sector
- Others
By Deployment
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the growing preferences for internet protocol (IP) cameras over analog cameras as one of the prime reasons driving the video analytics market growth during the next few years. Also, rising construction of smart cities and increasing adoption of SaaS-based video analytics will lead to sizable demand in the market.
The report on the video analytics market covers the following areas:
- Video analytics market sizing
- Video analytics market forecast
- Video analytics market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading video analytics market vendors that include Agent Video Intelligence Ltd., Alarm.com Holdings Inc., AllGoVision Technologies Pvt. Ltd., BriefCam Ltd., Canon Inc., Cisco Systems Inc., Dahua Technology Co. Ltd., Genetec Inc., Honeywell International Inc., Huawei Technologies Co. Ltd., i2V Systems Pvt. Ltd., Infinova Group, International Business Machines Corp., NEC Corp., NICE Ltd., PureTech Systems Inc., Qualcomm Inc., Robert Bosch GmbH, Verint Systems Inc., and Viseum UK Group. Also, the video analytics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.