The latest report by MarkNtel Advisors, titled “Video Analytics Market Report By Component (Service, 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 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), other and Region 2024-2030”, offers a comprehensive analysis of the industry, which comprises insights on the Video Analytics Market research report.
What is the market outlook for Video Analytics?
The Video Analytics Market size is estimated to grow at a CAGR of around 23.3% during the forecast period 2024–30.
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Major Companies Operating in the Video Analytics Industry:
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, Bosch Security
Video Analytics Market Report Segmentation:
By Component
-Service
-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)
- Of them all, People/Crowd Counting is projected to hold the largest share of the Video Analytics Market during 2024-30.
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 (Healthcare and Life Sciences, and Construction)
Learn More About the Market Report – https://www.marknteladvisors.com/research-library/video-analytics-market.html
Regional Insights:
- North America: US, Canada, Mexico
- Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
- Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
- South America: Brazil
- Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA
Global Video Analytics Market Driver: Snowballing Requirements for Real
Time Incident Detection – Video analytics software helps generate instantaneous warnings across numerous business sectors and improve situational awareness. It may assist in the detection, classification, & tracking of behavioral patterns and specified objects in live or recorded video streams. High-performance capabilities of such solutions can help transform standard surveillance networks into intelligent detection & alert systems for automobiles, people, & static objects.
Moreover, many private/public or government entities are establishing numerous network lines to compute critical videos for better analytics. Furthermore, real-time event detection has aided in reducing crimes, thefts, & other criminal activities, coupled with the overall social condition & international trade climate. Hence, all aspects cited above are projected to drive the market during 2024-30.
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