Video Analytics Market
PUBLISHED: 2021 ID: SMRC20984
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Video Analytics Market

Video Analytics Market Forecasts to 2028 - Global Analysis By Type (Server-Based, Edge-Based), Deployment Model (Cloud, On- Premise) and By Geography

4.6 (80 reviews)
4.6 (80 reviews)
Published: 2021 ID: SMRC20984

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Video Analytics Market is accounted for $4.90 billion in 2020 and is expected to reach $18.92 billion by 2028 growing at a CAGR of 18.4% during the forecast period. The increasing installation of video surveillance cameras and growing video data across industries and applications are driving the market growth. However, the high cost of setup and support hardware and lack of consciousness are hampering the growth of the market.

Video analytics is electronic processing that automatically produces images of what is happening in the video, which can be used to list persons, cars, and other objects detected in the video stream, in addition to their appearance and movements. It systematizes the video surveillance procedure by providing high-end aids to the users with reduced cost and proficient service delivery. A huge volume of video data is made through video surveillance in social media and sites, city surveillance, and industries.

Based on the component, the service segment is going to have lucrative growth during the forecast period, owing to the surge in acceptance of digital technologies across numerous industries and the need to delivers enhanced services. Hence, video analytics services aid organizations in installation, security observing, configuration, project consultation, and other necessary security services, which segment growth.

By geography, North America is going to have high growth during the forecast period, owing to growing investments, increasing acceptance of video surveillance systems for improved security and safety drives. The focus of key vendors in this province encourages the development and implementation of video analytics to confirm more safety. Moreover, immense investment coupled with government initiatives to upsurge security is predictable to drive analytics market growth.

Some of the key players profiled in the Video Analytics Market include ADT, Inc, Axis Communications AB, Cisco Systems, Inc., Genetec, Inc., Gorilla Technology Group, Inc., Hangzhou Hikvision Digital Technology Co., Ltd., Honeywell International, Inc., Huawei Technologies Co., Ltd., i2V Systems Pvt. Ltd., IBM Corp., IntelliVision, Mobotix AG, Robert Bosch GmbH, Verint Systems, Inc., Zhejiang Dahua Technology Co., Ltd.

Components Covered:
• Software
• Services

Organization Sizes Covered:
• Small & Medium Enterprises
• Large Enterprises   

Architecture Types Covered:
• Server-Based
• Edge-Based  

Deployment Types Covered:
• Cloud-Based
• On-Premises

Applications Covered:
• Automatic Number Plate Recognition
• Crowd Management
• Incident Detection
• Intrusion Management
• License Plate Recognition
• Motion Detection
• People/Crowd Counting
• Traffic Monitoring

End Users Covered:
• Banking, financial services and insurance (BFSI)
• City Surveillance
• Critical Infrastructure Protection
• Education
• Hospitality and Entertainment
• Manufacturing
• Defense and Border Security
• Retail
• Traffic Management
• Transportation and Logistics
• Healthcare
• Government
• Manufacturing
• Mining
• Airports
• Public Transport
• Smart cities
• Police

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary      
       
2 Preface   
   
 2.1 Abstract     
 2.2 Stake Holders     
 2.3 Research Scope     
 2.4 Research Methodology     
  2.4.1 Data Mining    
  2.4.2 Data Analysis    
  2.4.3 Data Validation    
  2.4.4 Research Approach    
 2.5 Research Sources     
  2.5.1 Primary Research Sources    
  2.5.2 Secondary Research Sources    
  2.5.3 Assumptions    
       
3 Market Trend Analysis      
 3.1 Introduction     
 3.2 Drivers     
 3.3 Restraints     
 3.4 Opportunities     
 3.5 Threats     
 3.6 Application Analysis     
 3.7 End User Analysis     
 3.8 Emerging Markets     
 3.9 Impact of Covid-19     
       
4 Porters Five Force Analysis      
 4.1 Bargaining power of suppliers     
 4.2 Bargaining power of buyers     
 4.3 Threat of substitutes     
 4.4 Threat of new entrants     
 4.5 Competitive rivalry     
       
5 Global Video Analytics Market, By Component      
 5.1 Introduction     
 5.2 Software     
  5.2.1 Recognition Software    
   5.2.1.1 Facial Recognition Software   
   5.2.1.2 License Plate Recognition Software   
  5.2.2 Detection Software    
   5.2.2.1 Motion Detection Software   
   5.2.2.2 Object Detection Software   
  5.2.3 Crowd Management Software    
 5.3 Services     
  5.3.1 Professional    
   5.3.1.1 Consulting   
   5.3.1.2 Support & Maintenace   
   5.3.1.3 Training & Education   
       
6 Global Video Analytics Market, By Organization Size      
 6.1 Introduction     
 6.2 Small & Medium Enterprises     
 6.3 Large Enterprises     
       
7 Global Video Analytics Market, By Architecture Type      
 7.1 Introduction     
 7.2 Server-Based     
 7.3 Edge-Based      
       
8 Global Video Analytics Market, By Deployment Model      
 8.1 Introduction     
 8.2 Cloud-Based     
 8.3 On-Premises     
       
9 Global Video Analytics Market, By Application      
 9.1 Introduction     
 9.2 Automatic Number Plate Recognition     
 9.3 Crowd Management     
 9.4 Incident Detection     
 9.5 Intrusion Management     
 9.6 License Plate Recognition     
 9.7 Motion Detection     
 9.8 People/Crowd Counting     
 9.9 Traffic Monitoring     
       
10 Global Video Analytics Market, By End User      
 10.1 Introduction     
 10.2 Banking, Financial Services and Insurance (BFSI)     
 10.3 City Surveillance     
 10.4 Critical Infrastructure Protection     
 10.5 Education     
 10.6 Hospitality and Entertainment     
 10.7 Manufacturing     
 10.8 Defense and Border Security     
 10.9 Retail     
 10.10 Traffic Management     
 10.11 Transportation and Logistics     
 10.12 Healthcare     
 10.13 Government     
 10.14 Manufacturing     
 10.15 Mining     
 10.16 Airports     
 10.17 Public Transport     
 10.18 Smart cities     
 10.19 Police     
       
11 Global Video Analytics Market, By Geography      
 11.1 Introduction     
 11.2 North America     
  11.2.1 US    
  11.2.2 Canada    
  11.2.3 Mexico    
 11.3 Europe     
  11.3.1 Germany    
  11.3.2 UK    
  11.3.3 Italy    
  11.3.4 France    
  11.3.5 Spain    
  11.3.6 Rest of Europe    
 11.4 Asia Pacific     
  11.4.1 Japan    
  11.4.2 China    
  11.4.3 India     
  11.4.4 Australia    
  11.4.5 New Zealand    
  11.4.6 South Korea    
  11.4.7 Rest of Asia Pacific    
 11.5 South America     
  11.5.1 Argentina    
  11.5.2 Brazil    
  11.5.3 Chile    
  11.5.4 Rest of South America    
 11.6 Middle East & Africa     
  11.6.1 Saudi Arabia    
  11.6.2 UAE    
  11.6.3 Qatar    
  11.6.4 South Africa    
  11.6.5 Rest of Middle East & Africa    
       
12 Key Developments      
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures      
 12.2 Acquisitions & Mergers     
 12.3 New Product Launch     
 12.4 Expansions     
 12.5 Other Key Strategies     
       
13 Company Profiling      
 13.1 ADT, Inc.     
 13.2 Axis Communications AB     
 13.3 Cisco Systems, Inc.     
 13.4 Genetec, Inc.     
 13.5 Gorilla Technology Group, Inc.     
 13.6 Hangzhou Hikvision Digital Technology Co., Ltd.     
 13.7 Honeywell International, Inc.     
 13.8 Huawei Technologies Co., Ltd.     
 13.9 i2V Systems Pvt. Ltd.     
 13.10 IBM Corp.     
 13.11 IntelliVision     
 13.12 Mobotix AG     
 13.13 Robert Bosch GmbH     
 13.14 Verint Systems, Inc.     
 13.15 Zhejiang Dahua Technology Co., Ltd.     


List of Tables       
1 Global Video Analytics Market Outlook, By Region (2019-2028) (US $MN)       
2 Global Video Analytics Market Outlook, By Component (2019-2028) (US $MN)       
3 Global Video Analytics Market Outlook, By Software (2019-2028) (US $MN)       
4 Global Video Analytics Market Outlook, By Recognition Software (2019-2028) (US $MN)       
5 Global Video Analytics Market Outlook, By Detection Software (2019-2028) (US $MN)       
6 Global Video Analytics Market Outlook, By Crowd Management Software (2019-2028) (US $MN)       
7 Global Video Analytics Market Outlook, By Services (2019-2028) (US $MN)       
8 Global Video Analytics Market Outlook, By Professional (2019-2028) (US $MN)       
9 Global Video Analytics Market Outlook, By Organization Size (2019-2028) (US $MN)       
10 Global Video Analytics Market Outlook, By Small & Medium Enterprises (2019-2028) (US $MN)       
11 Global Video Analytics Market Outlook, By Large Enterprises (2019-2028) (US $MN)       
12 Global Video Analytics Market Outlook, By Architecture Type (2019-2028) (US $MN)        
13 Global Video Analytics Market Outlook, By Server-Based (2019-2028) (US $MN)       
14 Global Video Analytics Market Outlook, By Edge-Based (2019-2028) (US $MN)       
15 Global Video Analytics Market Outlook, By Deployment Model (2019-2028) (US $MN)       
16 Global Video Analytics Market Outlook, By Cloud-Based (2019-2028) (US $MN)       
17 Global Video Analytics Market Outlook, By On-Premises (2019-2028) (US $MN)       
18 Global Video Analytics Market Outlook, By Application (2019-2028) (US $MN)       
19 Global Video Analytics Market Outlook, By Automatic Number Plate Recognition (2019-2028) (US $MN)       
20 Global Video Analytics Market Outlook, By Crowd Management (2019-2028) (US $MN)       
21 Global Video Analytics Market Outlook, By Incident Detection (2019-2028) (US $MN)       
22 Global Video Analytics Market Outlook, By Intrusion Management (2019-2028) (US $MN)       
23 Global Video Analytics Market Outlook, By License Plate Recognition (2019-2028) (US $MN)       
24 Global Video Analytics Market Outlook, By Motion Detection (2019-2028) (US $MN)       
25 Global Video Analytics Market Outlook, By People/Crowd Counting (2019-2028) (US $MN)       
26 Global Video Analytics Market Outlook, By Traffic Monitoring (2019-2028) (US $MN)       
27 Global Video Analytics Market Outlook, By End User (2019-2028) (US $MN)       
28 Global Video Analytics Market Outlook, By Banking, financial services and insurance (BFSI) (2019-2028) (US $MN)       
29 Global Video Analytics Market Outlook, By City Surveillance (2019-2028) (US $MN)       
30 Global Video Analytics Market Outlook, By Critical Infrastructure Protection (2019-2028) (US $MN)       
31 Global Video Analytics Market Outlook, By Education (2019-2028) (US $MN)       
32 Global Video Analytics Market Outlook, By Hospitality and Entertainment (2019-2028) (US $MN)       
33 Global Video Analytics Market Outlook, By Manufacturing (2019-2028) (US $MN)       
34 Global Video Analytics Market Outlook, By Defense and Border Security (2019-2028) (US $MN)       
35 Global Video Analytics Market Outlook, By Retail (2019-2028) (US $MN)       
36 Global Video Analytics Market Outlook, By Traffic Management (2019-2028) (US $MN)       
37 Global Video Analytics Market Outlook, By Transportation and Logistics (2019-2028) (US $MN)       
38 Global Video Analytics Market Outlook, By Healthcare (2019-2028) (US $MN)       
39 Global Video Analytics Market Outlook, By Government (2019-2028) (US $MN)       
40 Global Video Analytics Market Outlook, By Manufacturing (2019-2028) (US $MN)       
41 Global Video Analytics Market Outlook, By Mining (2019-2028) (US $MN)       
42 Global Video Analytics Market Outlook, By Airports (2019-2028) (US $MN)       
43 Global Video Analytics Market Outlook, By Public Transport (2019-2028) (US $MN)       
44 Global Video Analytics Market Outlook, By Smart cities (2019-2028) (US $MN)       
45 Global Video Analytics Market Outlook, By Police (2019-2028) (US $MN)       
       
Note-
Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.      

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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