Free Press Release
Create Free Account! Members Login
Art & Entertainment Automotive Blogging & Social Media Business Computer Design Education Environment Events / Trade Shows Games & Entertainment Government Health and Fitness Home & Family Industry Legal / Law Lifestyle News & Society Politics Religion Sports Technology Web sites / Internet

Press Release / Business / Video Analytics Market worth $11.7 Billion by 2025

Video Analytics Market worth $11.7 Billion by 2025

By MarketsandMarketsICT on November 15 2021 | 29 Views

Video Analytics Market worth $11.7 Billion by 2025

The report "Video Analytics Market by Component, Application (Intrusion Management, Incident Detection, People/Crowd Counting, Traffic Monitoring), Deployment (On-premises and Cloud), Type, Vertical, and Region - Global Forecast to 2025", is expected to grow from USD 4.9 billion in 2020 to USD 11.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 19.0% during the forecast period. Factors that are expected to drive the growth of the video analytics market are increased investments and focus of governing institutions on public safety, need to utilize and examine unstructured video surveillance data in real time, a significant drop in the crime rate due to surveillance cameras, growing need among enterprises to leverage Business Intelligence (BI) and actionable insights for advanced operations, limitations of manual video analysis, government initiatives in emerging technologies to enhance the public safety infrastructure, reduced cost of video surveillance equipment and long-term Return on Investment (RoI), and demand for enhanced video surveillance.

Browse in-depth TOC on “Video Analytics Market”

108 – Tables

63 – Figures

225 – Pages

Software segment to hold a larger market size during the forecast period

Video analytics software is an important part of video surveillance systems. Businesses of all kinds make use of video analytics software to ensure the safety of their employees and the surrounding premises. It enables organizations to capture and analyze critical data and make business decisions using the intelligently analyzed data provided by the video analytics software. The software has evolved significantly and changed the face of video surveillance, which was initially carried out by guards or other watchdogs who monitored the Closed Circuit Television (CCTV) recordings of raw footage and acted accordingly.

On-premises segment to hold a larger market size during the forecast period

On-premises is a type of delivery model where the software or solution is installed and operated from the customers’ in-house server and computing infrastructure. The cost of installing on-premises solutions is included in the Capital Expenditure (CAPEX) of the company. This approach is mostly adopted for applications that involve the processing of sensitive and confidential data volumes. These data volumes include internal and external surveillance footage and video feeds of business operations that contain confidential information and crucial insights.

Browse Full Report Details of "Video Analytics Market" @ https://www.marketsandmarkets.com/Market-Reports/intelligent-video-analytics-market-778.html

Incident detection segment to hold the largest market size during the forecast period

Automated incident detection systems are high-valued assets in public safety infrastructure, such as traffic surveillance and management, to ensure the safety and security of people and the public infrastructure. According to the National Highway Traffic Safety Administration (NHTSA) in the US, approximately 30,000 people die, and 1.5 million people sustain injuries in road accidents every year. This creates the requirement for intelligent systems that can detect such incidents and their possibilities in real time.

Server-based segment to hold a larger market size during the forecast period

The server-based implementation of video analytics systems involves Internet Protocol (IP) cameras or encoders connected to the Ethernet or a server. In this approach, video analytics is embedded via a specific server that traces the video, analyzes it, and provides the output. Even though the analytics capabilities are enhanced due to advancements in edge technologies, there are certain tasks that can be executed more efficiently by running on a powerful server.

North America to account for the largest market size during the forecast period

North America tops the world in terms of the presence of security vendors and the occurrence of security breaches. Therefore, the global video analytics market is dominated by North America, which is considered to be the most advanced region with regards to technological adoption and advanced infrastructure. Growing concerns about the protection of critical infrastructure and national borders have increased government intervention in recent years.

Key Players:

The video analytics market comprises major providers, such as Avigilon (Canada), Cisco (US), Axis Communications (Sweden), Agent VI (US), AllGoVision (India), Aventura Systems (US), Genetec (Canada), i2V (India), IntelliVision (US), intuVision (US), PureTech Systems (US), Qognify (US), Honeywell (US), IBM (US), iOmniscient (Australia), BriefCam (US), Digital Barriers (UK), IPSOTEK (UK), Gorilla Technology (Taiwan), DELOPT (India), Viseum (UK), KiwiSecurity (Austria), Intelligent Security Systems (US), Verint (US), Hikvision (China), Huawei (China), Dahua (China), Senstar (Canada), Identiv (US), and Bosch Security (Germany).The study includes the in-depth competitive analysis of these key players in the video analytics market with their company profiles, recent developments, and key market strategies.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/iva.asp



Latest Exclusive Press Release
nanoCAD 21 launches as an all-new CAD platform
Smart Space Market Size worth $15.3 billion by 2025
Business Process Management Market Expected To Achieve Lucrative Growth By 2025
Cloud Database Market Competitive Landscape & Strategy Framework To 2012-2025
Cognitive Computing Market worth $77.5 billion by 2025
Popular Press Release
Zeng Fanzhi Parcours Exhibition 2016 in Beijing
Home Ministry’s Population Register Worse than Prisoner Identification
Feel-planet.com Has Made It Possible to Discover the Wonders of the World Online
Best Web Hosting Service in India
First Time Home Buyers Tax Credits STILL Available For Troops!


Art & Entertainment Automotive Blogging & Social Media Business
Computer Design Education Environment
Events / Trade Shows Games & Entertainment Government Health and Fitness
Home & Family Industry Legal / Law Lifestyle
News & Society Politics Religion Sports
Technology Web sites / Internet