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Video Analytics Market Trends, Demand, Industry Size, Future Growth and Opportunities During 2021-2026

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Nasir Jones
Video Analytics Market Trends, Demand, Industry Size, Future Growth and Opportunities During 2021-2026

According to IMARC Group’s latest report, titled “Video Analytics Market Size, Trends, Share, Demand, Growth, Opportunity and Forecast 2021-2026,” the global video analytics market is expected to exhibit double-digit growth during 2021-2026. Video analytics refers to solutions that monitor, process and analyze digital video signals with the help of a special algorithm to perform security-related functions. It involves the use of numerous cameras, software applications and artificial intelligence (AI)-based programs for various tasks, including motion detection, facial recognition, traffic and queue detection, intrusion detection, and crowd and vehicle counting. Apart from this, these technologies are also being deployed for dynamic blurring and generating heat maps. As a result, they are widely being utilized across multiple industry verticals, such as retail, transportation, logistics and banking, financial services and insurance (BFSI).

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.

Request for a free sample copy of this report: https://www.imarcgroup.com/video-analytics-market/requestsample

Market Trends and Drivers:

The video analytics market is primarily driven by the increasing incidences of security breaches across numerous industries. This has led to the rising demand for advanced public surveillance and security systems, thereby providing a thrust to the market growth. This is also being supported by the growing deployment of internet protocol (IP)-based surveillance systems for business intelligence (BI). Some of the other factors contributing to the market growth include rapid expansion of smart cities, an increasing need to monitor traffic and accidents in real-time and the growing industrial automation across the globe.

Video Analytics Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the video analytics market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Agent Video Intelligence Ltd.
  • AllGoVision Technologies Pvt. Ltd.
  • Aventura Technologies Inc.
  • IBM
  • IntelliVision Technologies Corp. (Nortek Security & Control LLC)
  • Intelligent Security Systems Corporation
  • KiwiSecurity Software GmbH
  • Cisco Systems Inc.
  • Gorilla Technology Inc. (Gorilla Science & Technology Holding, Inc.)
  • Honeywell International Inc.

Key Market Segmentation:

The report has segmented the global video analytics market on the basis of component, deployment type, application, architecture type, organization size, end user and region.

Breakup by Component:                  

  • Software
  • Services

Breakup by Deployment Type:

  • On-Premises
  • Cloud

Breakup by Application:                                           

  • Incident Detection
  • Intrusion Management
  • People/Crowd Counting
  • Traffic Monitoring
  • Automatic Number Plate Recognition
  • Facial Recognition
  • Others

Breakup by Architecture Type:

  • Edge-Based
  • Server-Based

Breakup by Organization Size:

  • Small and Medium Enterprise
  • Large Enterprise

Breakup by End User:

  • BFSI
  • Retail
  • Critical Infrastructure
  • Traffic Management
  • Transportation? and Logistics
  • Hospitality and Entertainment?
  • Defense and Security
  • Others

Breakup by Region:            

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Explore report with table of contents: https://www.imarcgroup.com/video-analytics-market

Key Highlights of the Report:

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: [email protected]
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

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