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Global Video Analytics Market- By Component (Services, Software), By Deployment (On-Premises, Cloud), By Application (Incident Detection, Intrusion Management, People/Crowd Counting, Traffic Monitoring, ANPR., Facial Recognition, Others), By Type (Edged-Based, Server-Based), By Type (Edged-Based, Server-Based), By Vertical (Banking, Financial Services, and Insurance (BFSI), City Surveillance, Critical Infrastructure, Education, Hospitality and Entertainment, Manufacturing, Defense and Border Security, Retail, Traffic Management, Transportation and Logistics, Others), and By Region (North America, Europe, Asia Pacific, South America, and Middle East, & Africa)- Global forecast from 2020-2027.
Global Video Analytics Market Overview
A video analytics system is a technology that extracts information from video content. This technology is more valued by retail, transportation, consumers, cities, infrastructure industries, and enterprises. These systems can apply to the visual processing of smart cameras or some professional software platforms.
Global Video Analytics Market Insights
The global video analytics market expected to increase market value by USD 15.6 billion, with an emerging CAGR in the forecast period from 2020-2027. With the maturity of new technologies such as artificial intelligence, big data, cloud computing, etc., it will bring more opportunities for video surveillance and will undoubtedly promote the entire industry’s progress.
The advantages of enhanced image quality, high scalability, easy installation, and network-based remote access in the IP system have gained more users’ preference. Coupled with global AI trends, IP systems are more comfortable to integrate with IP networks, enabling applications such as video analysis and cloud storage.
Moreover, the new artificial intelligence platform with machine vision and deep learning algorithms can provide a more intelligent video surveillance solution. It will help promote people’s demand for artificial intelligence and enhance the transformation and upgrade of the original system with great potential.
Also, in the field of security, video surveillance is undoubtedly an indispensable part. The rapid growth of the video surveillance market reflects increased concerns about personal safety and property protection. To address this concern, companies and individual organizations have invested heavily in the security system’s main component, the video surveillance system.
Growth Driver
Strengthen the integration trend with other technologies and industries
With the rapid development of the video surveillance market and the popularization of video surveillance products, IT technology is continuously promoting industry progress. The conception of the Internet of Things and cloud computing will have a more significant impact on the video surveillance industry. The maturity and application of the architecture will become the critical point for the in-depth use of video surveillance.
Rising security system demand
With the popularization of network technology, security IT has deepened. Many links of security systems, especially the network environment, have gradually been transformed into building with natural products, and back-end equipment, including storage and display, has also become more generalized. The security front-end equipment based on IP network technology has developed more rapidly.
By Component Segmental Analysis
Based on the component, the global video analytics market bifurcated into Services, Software. The services segment is dominating the maximum share of the global video analytics market in the forecast period. It is mainly owing to the increasing adoption of digital technologies such as smartphones, laptops, IP cameras that are driving the market demand for the global video analytics market. Moreover, the rising need for enhancing security services in various industries is also propelling the market share.
By Deployment Segmental Analysis
Based on the deployment, the global video analytics market segmented into On-Premises, Cloud. The cloud segment dominates the market share for the global video analytics market. The cloud deployment is driving the market share of the video analytics as it is easy to use, store information, and cost-effective owing to less maintenance and safety.
By Application Segmental Analysis
Based on the application, the global video analytics market segmented into Incident Detection, Intrusion Management, People/Crowd Counting, Traffic Monitoring, ANPR., Facial Recognition, Others). The intrusion management segment is capturing the highest share in the forecast period from 2020-2027. It mainly owes to the pre-defined feature of the intrusion system that automatically generates real-time alarm along with the video of the event to the concerned authorities. That way, they can take fast and precise action.
By Type Segmental Analysis
Based on the type, the global video analytics market categorized into Edged-Based, Server-Based. The server-based segment will have the highest share in the forecast period from 2020-2027. The main feature of server-based analytics sent video setups directly on the server rather than dependent on the camera. It helps in real-time detection of security-related objects or events integrated with video manager.
By Vertical Segmental Analysis
Based on the vertical, the global video analytics market segmented into Banking, Financial Services, and Insurance (BFSI), City Surveillance, Critical Infrastructure, Education, Hospitality and Entertainment, Manufacturing, Defense and Border Security, Retail, Traffic Management, Transportation and Logistics, Others. The retail sector contributes the maximum share in the global video analytics market. It is mainly due to the rising need for solutions for consumer engagement, loss prevention, and store optimization. Also, to monitor consumer behavior, buying patterns and criteria drive the video analytics market’s demand.
By Region Segmental Analysis
Based on geography, the global video analytics market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is the world’s fastest-growing global video analytics market, accounting for the largest share. It is mainly due to the emerging need for surveillance in various industries, rising investment in software services and deployment of surveillance camera across the cities are driving market share.
Competitor Analysis
Companies such as Avigilon, Cisco, Axis Communications, Agent VI, AllGoVision, Aventura Systems, Genetec, i2V, IntelliVision, intuVision, PureTech Systems, Qognify, Honeywell, IBM, iOmniscient, BriefCam, Digital Barriers, IPSOTEK, Gorilla Technology, DELOPT, Viseum, KiwiSecurity, Intelligent Security Systems, Verint, Hikvision, Huawei, Dahua, Senstar, Identiv Bosch Security and others are key players for global video analytics market.
Key Stakeholders
- Market research and consulting firms
- Industry associations
- Global video analytics manufacturing companies
- Research organizations and consulting companies’ video analytics
- Regulatory bodies
Recent Developments
- In September 2021, Irisity (Iristy AB) announced the acquisition of Agent Video Intelligence (Agent Vi) to become a major global AI video analytics provider and offer SaaS (Software as a Service) solutions.
- In September 2021, Senstar introduced the Senstar TC200 thermal-visible, dual-video detection camera for outdoor site security.
- In September 2021, Icomera and Glimpse Analytics collaborated to offer powerful video analytics software for real-time monitoring of passenger loading, enabling operators and passengers to make precise decisions based on train occupancy.
- In August 2021, National Mall in Washington DC implemented a video analytics system to improve the security and safety of visitors.
The objective of the Research
- Market modeling starts with identifying a target market where historical data exists. A Market can include prediction problems, economic factors, analyzing customer behavior, and identifying new patterns from past events, which helps our client to have deep dive into the market.
- Product analysis involves steps such as examining product features, costs, availability, quality, and other aspects. Product analysis is conducted to understand potential buyers and measure competition in the market.
- Market Trend and Economic Factors Analysis helps in assessing potential changes to an economy’s inflation rate, taxes, interest rates, exchange rates, trading regulations, and excise duties that can or have a major effect on the target market.
- Market Segmental Analysis defines in-depth scenario of the target market by the process of grouping consumers into naturally existing created segments of consumers who share similar product preferences or characteristics
- The geographical mapping approach helps our clients to understand national or international markets because different consumers in different regions have different needs wants, and cultural characteristics that can be specifically targeted.
Market Modelling
By Component
- Services
- Software
By Deployment
- On-Premises
- Cloud
By Application
- Incident Detection
- Intrusion Management
- People/Crowd Counting
- Traffic Monitoring
- ANPR
- Facial Recognition
- Others (AR and Ego-Motion Estimation)
By Type
- Edged-Based
- Server-Based
By Vertical
- Banking, Financial Services, and Insurance (BFSI)
- City Surveillance
- Critical Infrastructure
- Education
- Hospitality and Entertainment
- Manufacturing
- Defense and Border Security
- Retail
- Traffic Management
- Transportation and Logistics
- Others
By Region
- Europe
- North America
- Asia Pacific
- South America
- Middle East & Africa
Global Video Analytics Market
Report Content
- Research Strategic Development
- Market Modelling
- Product Analysis
- Market Trend and Economic Factors Analysis
- Market Segmental Analysis
- Geographical Mapping
- Country Wise Segregation
- Research Methodology
- Identification of Target Market
- Data Acquisition
- Refining of Data/ Data Transformations
- Data Validation through Primary Techniques
- Exploratory Data Analysis
- Graphical Techniques/Analysis
- Quantitative Techniques/Analysis
- Visual Result/Presentation
- Executive Summary
- Market Insights
- Economic Factor Analysis
- Drivers
- Trends
- Opportunities
- Challenges
- Competitors & Product Analysis
- Regulatory Framework
- Company market share analysis, 2019
- Porter’s Five forces analysis
- New Investment Analysis
- PESTEL Analysis
- Economic Factor Analysis
- Global Video Analytics Market Overview
- Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Market Share & Forecast, 2016-2027
- By Component
- Services
- Software
- By Deployment
- On-Premises
- Cloud
- By Application
- Incident Detection
- Intrusion Management
- People/Crowd Counting
- Traffic Monitoring
- ANPR
- Facial Recognition
- Others (AR and Ego-Motion Estimation)
- By Type
- Edged-Based
- Server-Based
- By Vertical
- Banking, Financial Services, and Insurance (BFSI)
- City Surveillance
- Critical Infrastructure
- Education
- Hospitality and Entertainment
- Manufacturing
- Defense and Border Security
- Retail
- Traffic Management
- Transportation and Logistics
- Others
- By Region
- Europe
- North America
- Asia Pacific
- South America
- Middle East & Africa
- By Component
- Demand
- Market Size & Forecast, 2016-2027
- Europe Video Analytics Market Overview
- Europe Video Analytics Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Europe Video Analytics Market Share & Forecast, 2016-2027
- By Component
- Services
- Software
- By Deployment
- On-Premises
- Cloud
- By Application
- Incident Detection
- Intrusion Management
- People/Crowd Counting
- Traffic Monitoring
- ANPR
- Facial Recognition
- Others (AR and Ego-Motion Estimation)
- By Type
- Edged-Based
- Server-Based
- By Vertical
- Banking, Financial Services, and Insurance (BFSI)
- City Surveillance
- Critical Infrastructure
- Education
- Hospitality and Entertainment
- Manufacturing
- Defense and Border Security
- Retail
- Traffic Management
- Transportation and Logistics
- Others
- By Country
- Germany
- UK
- France
- Italy
- Rest of Europe
- Company Market Share (Top 3-5)
- Economic Impact Study on Europe Video Analytics Market
- By Component
- Demand
- Europe Video Analytics Market Size & Forecast, 2016-2027
- North America Video Analytics Market Overview
- North America Video Analytics Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- North America Video Analytics Market Share & Forecast, 2016-2027
- By Component
- Services
- Software
- By Deployment
- On-Premises
- Cloud
- By Application
- Incident Detection
- Intrusion Management
- People/Crowd Counting
- Traffic Monitoring
- ANPR
- Facial Recognition
- Others (AR and Ego-Motion Estimation)
- By Type
- Edged-Based
- Server-Based
- By Vertical
- Banking, Financial Services, and Insurance (BFSI)
- City Surveillance
- Critical Infrastructure
- Education
- Hospitality and Entertainment
- Manufacturing
- Defense and Border Security
- Retail
- Traffic Management
- Transportation and Logistics
- Others
- By Country
- US
- Canada
- Mexico
- Company Market Share (Top 3-5)
- Economic Impact Study on North America Video Analytics Market
- By Component
- Demand
- North America Video Analytics Market Size & Forecast, 2016-2027
- Asia Pacific Video Analytics Market Overview
- Asia Pacific Video Analytics Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Asia Pacific Video Analytics Market Share & Forecast, 2016-2027
- By Component
- Services
- Software
- By Deployment
- On-Premises
- Cloud
- By Application
- Incident Detection
- Intrusion Management
- People/Crowd Counting
- Traffic Monitoring
- ANPR
- Facial Recognition
- Others (AR and Ego-Motion Estimation)
- By Type
- Edged-Based
- Server-Based
- By Vertical
- Banking, Financial Services, and Insurance (BFSI)
- City Surveillance
- Critical Infrastructure
- Education
- Hospitality and Entertainment
- Manufacturing
- Defense and Border Security
- Retail
- Traffic Management
- Transportation and Logistics
- Others
- By Country
- China
- India
- Japan
- Australia
- Rest of Asia Pacific
- Company Market Share (Top 3-5)
- Economic Video Analytics Market Overview
- By Component
- South America Video Analytics Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- South America Video Analytics Market Share & Forecast, 2016-2027
- By Component
- Services
- Software
- By Deployment
- On-Premises
- Cloud
- By Application
- Incident Detection
- Intrusion Management
- People/Crowd Counting
- Traffic Monitoring
- ANPR
- Facial Recognition
- Others (AR and Ego-Motion Estimation)
- By Type
- Edged-Based
- Server-Based
- By Vertical
- Banking, Financial Services, and Insurance (BFSI)
- City Surveillance
- Critical Infrastructure
- Education
- Hospitality and Entertainment
- Manufacturing
- Defense and Border Security
- Retail
- Traffic Management
- Transportation and Logistics
- Others
- By Country
- Brazil
- Argentina
- Rest of South America
- Company Market Share (Top 3-5)
- Economic Impact Study on South America Video Analytics Market
- By Component
- Demand
- Demand
- Asia Pacific Video Analytics Market Size & Forecast, 2016-2027
- Middle East & Africa Video Analytics Market Overview
- Middle East & Africa Video Analytics Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Middle East & Africa Video Analytics Market Share & Forecast, 2016-2027
- By Component
- Services
- Software
- By Deployment
- On-Premises
- Cloud
- By Application
- Incident Detection
- Intrusion Management
- People/Crowd Counting
- Traffic Monitoring
- ANPR
- Facial Recognition
- Others (AR and Ego-Motion Estimation)
- By Type
- Edged-Based
- Server-Based
- By Vertical
- Banking, Financial Services, and Insurance (BFSI)
- City Surveillance
- Critical Infrastructure
- Education
- Hospitality and Entertainment
- Manufacturing
- Defense and Border Security
- Retail
- Traffic Management
- Transportation and Logistics
- Others
- By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
- Company Market Share (Top 3-5)
- Economic Impact Study on Middle East & Africa Video Analytics Market
- By Component
- Demand
- Middle East & Africa Video Analytics Market Size & Forecast, 2016-2027
- Competitor Analysis
- Company Description
- Financial Analysis
- Key Products
- Key Management Personnel
- Contact Address
- SWOT Analysis
- Company Profile
- Avigilon, Cisco
- Axis Communications
- Agent VI
- AllGoVision
- Aventura Systems
- Genetec
- i2V
- IntelliVision
- intuVision
- PureTech Systems
- Qognify
- Honeywell
- IBM
- iOmniscient
- BriefCam
- Digital Barriers
- IPSOTEK
- Gorilla Technology
- DELOPT
- Viseum
- KiwiSecurity
- Intelligent Security Systems
- Verint
- Hikvision
- Huawei
- Dahua
- Senstar
- Identiv
- Bosch Security
- Other players
Frequently Asked Questions (FAQ):
The global video analytics market will reach a value of USD 15.6 billion during the forecast period.
Real-time parking spot detection, CCTV video surveillance, Transport Monitoring System are examples of video analytics.
Video analytics is a technology that extracts video content, performing a security-related function by processing a digital video signal by a special algorithm.
The global video analytics market is growing at a CAGR of 17.2% during the forecasted period.
Globally, the video analytics market is categorized By Component, By Deployment, By Application, By Type, By Vertical, and By Region.
