Market Overview:
The global video analytics market is expected to grow from USD 3.02 Billion in 2018 to USD 10.01 Billion by 2030, at a CAGR of 17.8% during the forecast period. The growth of the market can be attributed to the increasing demand for security and surveillance systems, rising trend of cloud-based video analytics solutions, and growing adoption of big data and artificial intelligence (AI) in video analytics solutions. However, high implementation costs may restrain the growth of this market during the forecast period. Based on type, the software segment is expected to hold a larger share of the global video analytics market in 2018.
Product Definition:
Video analytics is the process of extracting useful information or insights from video data. This information can be used to improve security, optimize operations, understand customer behavior, and more. The importance of video analytics lies in its ability to provide valuable insights that cannot be obtained from other sources of data.
Software:
Software is a collection of procedures, algorithms, and tools which are used for the processing of information. In today's world software has become an integral part of almost every industry ranging from manufacturing to media & entertainment and government sectors. Software helps in reducing manual efforts by streamlining processes through its various applications thus making work easier and efficient.
Services:
Video analytics is the collection, organization and analysis of video data to determine whether there are any patterns or trends that can be derived from it. It helps in enhancing customer experience by providing insights into the behavior of viewers. The service helps in analyzing videos content such as length, resolution, audio quality and many more parameters to provide a better understanding about different types of content on various channels.
The service also provides information related to video advertising such as demographics about age group audience etc.
Application Insights:
The others segment includes fraud detection, risk management, network management and optimization, supply chain management, and customer profiling. Incident detection is the most prominent application of video analytics across various industries such as transportation & logistics, public safety & security among others. It helps in determining the cause of an incident by analyzing videos recorded by surveillance systems for identifying events or activities that take place in a particular area. The growing need to manage complex situations with minimal human efforts is expected to drive demand over the forecast period.
Video analytics solutions are increasingly being deployed at airports worldwide to detect suspicious behavior including weapons smuggling and trafficking of drugs and other illegal goods through airport security screening procedures. The solutions enable authorities to analyze behavioral patterns from different camera angles while recording incidents for a better understanding about what happened during an event or activity at any given time throughout the day or night at airports globally using computer vision technology along with artificial intelligence (AI).
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to the presence of a large number of global companies and rapid technological advancements in the region. Moreover, North America has one of the highest penetration rates for video analytics owing to high demand from various sectors including retail, security & surveillance, transportation & logistics among others.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing government initiatives and investments in infrastructure development across countries such as China and India among others. For instance, according to a white paper published by Infocomm Development Authority (IDA), Singapore’s Ministry Of Trade And Industry (MTI) between 2014-2015 and 2018-2019 there was an increase of more than 80% in public procurement spending on video analytics systems with a spend estimated at SGD 180 million (USD X million).
Growth Factors:
- Increasing demand for video content across industries
- Proliferation of connected devices and growing bandwidth availability
- Emergence of new video analytics applications and platforms
- Growing demand for security and surveillance solutions
- Rising need for insights into customer behavior
Scope Of The Report
Report Attributes
Report Details
Report Title
Video Analytics Market Research Report
By Type
Software, Services
By Application
Incident Detection, Intrusion Management, People/Crowd Counting, Traffic Monitoring, Automatic Number Plate Recognition, Facial Recognition, Others
By Companies
3VR, Agent VI, Aimetis, Allgovision, Aventura, Avigilon, Axis Communications, Briefcam, Cisco Systems, Delopt, Genetec, Gorilla Technology, IBM, Intellivision, Intuvision, Iomniscient, Ipsotek, Puretech Systems, Qognify, Verint, Viseum
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.
Global Video Analytics Market Report Segments:
The global Video Analytics market is segmented on the basis of:
Types
Software, Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Incident Detection, Intrusion Management, People/Crowd Counting, Traffic Monitoring, Automatic Number Plate Recognition, Facial Recognition, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3VR
- Agent VI
- Aimetis
- Allgovision
- Aventura
- Avigilon
- Axis Communications
- Briefcam
- Cisco Systems
- Delopt
- Genetec
- Gorilla Technology
- IBM
- Intellivision
- Intuvision
- Iomniscient
- Ipsotek
- Puretech Systems
- Qognify
- Verint
- Viseum
Highlights of The Video Analytics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Software
- Services
- By Application:
- Incident Detection
- Intrusion Management
- People/Crowd Counting
- Traffic Monitoring
- Automatic Number Plate Recognition
- Facial Recognition
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Video Analytics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Video analytics is the process of analyzing video content to understand how viewers interact with it and what effects those interactions have. This data can be used to improve the quality and effectiveness of videos, as well as determine which videos are most successful in reaching their goals.
Some of the key players operating in the video analytics market are 3VR, Agent VI, Aimetis, Allgovision, Aventura, Avigilon, Axis Communications, Briefcam, Cisco Systems, Delopt, Genetec, Gorilla Technology, IBM, Intellivision, Intuvision, Iomniscient, Ipsotek, Puretech Systems, Qognify, Verint, Viseum.
The video analytics market is expected to grow at a compound annual growth rate of 17.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Video Analytics Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Video Analytics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Video Analytics Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Video Analytics Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Video Analytics Market Size & Forecast, 2018-2028
4.5.1 Video Analytics Market Size and Y-o-Y Growth
4.5.2 Video Analytics Market Absolute $ Opportunity
Chapter 5 Global Video Analytics Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Video Analytics Market Size Forecast by Type
5.2.1 Software
5.2.2 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Video Analytics Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Video Analytics Market Size Forecast by Applications
6.2.1 Incident Detection
6.2.2 Intrusion Management
6.2.3 People/Crowd Counting
6.2.4 Traffic Monitoring
6.2.5 Automatic Number Plate Recognition
6.2.6 Facial Recognition
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Video Analytics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Video Analytics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Video Analytics Analysis and Forecast
9.1 Introduction
9.2 North America Video Analytics Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Video Analytics Market Size Forecast by Type
9.6.1 Software
9.6.2 Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Video Analytics Market Size Forecast by Applications
9.10.1 Incident Detection
9.10.2 Intrusion Management
9.10.3 People/Crowd Counting
9.10.4 Traffic Monitoring
9.10.5 Automatic Number Plate Recognition
9.10.6 Facial Recognition
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Video Analytics Analysis and Forecast
10.1 Introduction
10.2 Europe Video Analytics Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Video Analytics Market Size Forecast by Type
10.6.1 Software
10.6.2 Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Video Analytics Market Size Forecast by Applications
10.10.1 Incident Detection
10.10.2 Intrusion Management
10.10.3 People/Crowd Counting
10.10.4 Traffic Monitoring
10.10.5 Automatic Number Plate Recognition
10.10.6 Facial Recognition
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Video Analytics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Video Analytics Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Video Analytics Market Size Forecast by Type
11.6.1 Software
11.6.2 Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Video Analytics Market Size Forecast by Applications
11.10.1 Incident Detection
11.10.2 Intrusion Management
11.10.3 People/Crowd Counting
11.10.4 Traffic Monitoring
11.10.5 Automatic Number Plate Recognition
11.10.6 Facial Recognition
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Video Analytics Analysis and Forecast
12.1 Introduction
12.2 Latin America Video Analytics Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Video Analytics Market Size Forecast by Type
12.6.1 Software
12.6.2 Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Video Analytics Market Size Forecast by Applications
12.10.1 Incident Detection
12.10.2 Intrusion Management
12.10.3 People/Crowd Counting
12.10.4 Traffic Monitoring
12.10.5 Automatic Number Plate Recognition
12.10.6 Facial Recognition
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Video Analytics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Video Analytics Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Video Analytics Market Size Forecast by Type
13.6.1 Software
13.6.2 Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Video Analytics Market Size Forecast by Applications
13.10.1 Incident Detection
13.10.2 Intrusion Management
13.10.3 People/Crowd Counting
13.10.4 Traffic Monitoring
13.10.5 Automatic Number Plate Recognition
13.10.6 Facial Recognition
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Video Analytics Market: Competitive Dashboard
14.2 Global Video Analytics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3VR
14.3.2 Agent VI
14.3.3 Aimetis
14.3.4 Allgovision
14.3.5 Aventura
14.3.6 Avigilon
14.3.7 Axis Communications
14.3.8 Briefcam
14.3.9 Cisco Systems
14.3.10 Delopt
14.3.11 Genetec
14.3.12 Gorilla Technology
14.3.13 IBM
14.3.14 Intellivision
14.3.15 Intuvision
14.3.16 Iomniscient
14.3.17 Ipsotek
14.3.18 Puretech Systems
14.3.19 Qognify
14.3.20 Verint
14.3.21 Viseum
