Dublin, Dec. 08, 2020 (GLOBE NEWSWIRE) -- The "Video Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The global video analytics market grew at a CAGR of around 20% during 2014-2019. Looking forward, the global video analytics market to continue its strong growth during the next five years.
Video analytics refers to the computerized monitoring, processing and analysis of video streams in real-time to recognize spatial events. It usually involves software applications, multiple cameras and artificial intelligence (AI)-based programs that obtain insights about attributes, events and human behavioral patterns through videos.
These insights are used for surveillance, motion and intrusion detection, generating heat maps and observing traffic patterns on social media platforms. They are also used for dynamic blurring, 2D and 3D counting, facial recognition and license plate reading. As a result, video analytics finds extensive applications across various industries, such as banking, financial services and insurance (BFSI), retail, critical infrastructure, traffic management, and transportation & logistics.
Significant improvements in public surveillance and security systems are among the key factors driving the growth of the market. Video analytics aid in improving public and perimeter safety by automatically tracking and gaining reliable insights from video frames of vehicles, individuals and other items, thus reducing the chances of human errors or negligence in gaining novel perceptions.
Furthermore, the widespread adoption of internet protocol (IP)-based surveillance systems for business intelligence (BI) is also supporting the market growth. For instance, video analytics is used in the retail sector for strolling recognition, footfall measurement and consumer behavior analysis, which aids in improving the overall production, distribution and maintenance processes. Additionally, various technological advancements, such as the utilization of the Internet of Things (IoT), AI and machine learning (ML) systems, are acting as other growth-inducing factors.
Video analytics processes the data using algorithms for accurate, reliable and critical insights and enables the organizations to make prompt and accurate decisions. This is creating a positive outlook for the market further.
Key Questions Answered in This Report:
- How has the global video analytics market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global video analytics market?
- What are the key regional markets?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the deployment type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the architecture type?
- What is the breakup of the market based on the organization size?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global video analytics market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Video Analytics Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Software
6.2 Services
7 Market Breakup by Deployment Type
7.1 On-Premises
7.2 Cloud
8 Market Breakup by Application
8.1 Incident Detection
8.2 Intrusion Management
8.3 People/Crowd Counting
8.4 Traffic Monitoring
8.5 Automatic Number Plate Recognition
8.6 Facial Recognition
8.7 Others
9 Market Breakup by Architecture Type
9.1 Edge-Based
9.2 Server-Based
10 Market Breakup by Organization Size
10.1 Small and Medium Enterprise
10.2 Large Enterprise
11 Market Breakup by End User
11.1 BFSI
11.2 Retail
11.2.1 Market Trends
11.2.2 Market Forecast
11.3 Critical Infrastructure
11.4 Traffic Management
11.5 Transportation and Logistics
11.6 Hospitality and Entertainment
11.7 Defense and Security
11.8 Others
12 Market Breakup by Region
13 SWOT Analysis
13.1 Overview
13.2 Strengths
13.3 Weaknesses
13.4 Opportunities
13.5 Threats
14 Value Chain Analysis
15 Porters Five Forces Analysis
15.1 Overview
15.2 Bargaining Power of Buyers
15.3 Bargaining Power of Suppliers
15.4 Degree of Competition
15.5 Threat of New Entrants
15.6 Threat of Substitutes
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players
17.3 Profiles of Key Players
- Agent Video Intelligence Ltd.
- AllGoVision Technologies Pvt. Ltd.
- Aventura Technologies Inc.
- Avigilon Corporation (Motorola Solutions)
- Axis Communications AB (Canon Inc.)
- Cisco Systems Inc.
- Gorilla Technology Inc. (Gorilla Science & Technology Holding Inc.)
- Honeywell International Inc.
- IBM
- IntelliVision Technologies Corp. (Nortek Security & Control LLC)
- Intelligent Security Systems Corporation
- KiwiSecurity Software GmbH
- PureTech Systems Inc. (FLIR Systems)
- Qognify Inc.
- Verint Systems Inc
For more information about this report visit https://www.researchandmarkets.com/r/12az7j
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