Global Video Analytics Market â€“ Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2023
Published Date:Mar 2019
Category:ICT & Telecom
Brief: Video analytics refers to the use of algorithms to detect activities in a video from any location. The organizations can perform a real-time analysis of their customers through video analytics, which gives them ample amount of time to understand their behavior and take necessary steps. It involves field-proven and expert deployment, allowing the organizations to achieve significant developments in the video surveillance systems. Video analytics is helping security and public safety organizations in increasing their intelligence and investigative capabilities.
Product Analysis: Most of the organizations are gathering a huge amount of data by adopting video surveillance cameras. The gathered information can be analyzed by implementing video analytics solutions. These solutions enable the organizations and governments to improve the security and safety of the people and assets.
Market Analysis: According to Infoholic Research, it is estimated that the global video analytics market will witness a CAGR of 30.5% during the forecast period 2017–2023. The market is analyzed based on software and services, deployment, applications, verticals, and regions.
Currently, most of the companies are offering customized cloud-based video analytics solutions to their customers, which would allow them in achieving real-time intelligent monitoring and improve the security by using automatic alerts. Several analytics companies are hugely investing in AI-based video analytics to build platforms, sustainable business models, and also developing machine learning based algorithms. The organizations are using incident detection, perimeter intrusion management, redaction software, advanced search, and facial recognition analytics to find accurate images and gather relevant information from various cameras, which help them to find patterns and draw meaningful insights.
North America is set to be the leading region followed by EMEA, Asia Pacific, and Latin America. Most of the video analytics companies have hugely invested in the region due to increase in demand for IP-based surveillance cameras, video management software, video analytics applications, and cloud-based video analytics. This trend is expected to increase the North America video analytics market in the next 5 years. EMEA and Asia Pacific are set to be emerging markets for the key stakeholders as most of the large enterprises and SMEs are showing interest in setting-up cameras, and are making significant investments in video analytics. In EMEA, many industries have seen tremendous technological advancements in intelligent video processing such as image processing, automatic detection of incidents, and others.
Key Players: Few of the key players included in the report are IBM, Cisco, Honeywell, Agent Video Intelligence (Agent Vi), Axis Communication AB, Avigilon Corporation, and Others.
Competitive Analysis and Benefits: Globally, video analytics firms are acquiring start-up companies to extend their product & service portfolio and to expand their operations. This report provides an in-depth analysis of advanced technologies that are supporting the video analytics market growth, and key investments with respect to regions and verticals.
The study covers and analyzes the “Global Video Analytics” market. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, helps the venture capitalists in understanding the companies better and take informed decisions.
1 Industry Outlook
1.1 Industry Overview
1.2 Industry Trends
1.3 Pest Analysis
2 Report Outline
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
3 Market Snapshot
3.1 Total Addressable Market (TAM)
3.2 Segmented Addressable Market (SAM)
3.3 Related Markets
3.3.1 Human Resource (HR) Analytics
3.3.2 Cognitive Analytics Market
3.3.3 Healthcare Analytics Market
4 Market Outlook
4.2 Market Definition
4.3 Market Trends
4.4 Porter 5 (Five) Forces
5 Market Characteristics
5.3 Market Segmentation
5.4 Market Dynamics
126.96.36.199 Increase in demand for cloud-based video analytics
188.8.131.52 Huge government investments in advanced technologies
184.108.40.206 Growing applications across several industrial verticals
220.127.116.11 Robust video analytics systems involve huge costs
18.104.22.168 Problems in reaching to the remote and isolated locations
22.214.171.124 Issues related to false alarms
126.96.36.199 Lack of data security and increase in fraud activities
188.8.131.52 Demand for IoT and artificial intelligence (AI)
184.108.40.206 Huge opportunities for the video analytics in retail, entertainment and transportation
220.127.116.11 Increase in opportunities for facial recognition and pattern recognition providers
5.4.4 DRO – Impact Analysis
6 Deployment: Market Size & Analysis
6.1.1 Market Size and Analysis
6.3 On-Demand or Cloud
7 Applications: Market Size & Analysis
7.1.1 Market Size and Analysis
7.2 Incident Detection
7.3 Perimeter intrusion detection management
7.4 People Counting
7.5 Traffic Monitoring
7.6 License Plate Recognition
7.7 Facial Recognition
7.8 Mobile Surveillance
7.9 Deployable Surveillance
8 Types: Market Size & Analysis
8.1.1 Market Size and Analysis
8.3.1 Managed Services
8.3.2 Professional Services
9 Verticals: Market Size & Analysis
9.1.1 Market Size and Analysis
9.3 Media & Entertainment
9.7 Traffic Management
9.9 Commercial and Residential
9.10 Critical Infrastructure
10 Regions: Market Size & Analysis
10.1.1 Market Size and Analysis
10.2 North America
10.2.1 Market Size and Analysis
10.2.2 Drivers for the US
10.2.3 Drivers for Canada
10.3.1 Market Size and Analysis
10.3.2 Drivers for UK
10.3.3 Drivers for Germany
10.3.4 Drivers for Israel
10.3.5 Drivers for UAE
10.4 Asia Pacific
10.4.1 Market Size and Analysis
10.4.2 Drivers for China
10.4.3 Drivers in India
10.4.4 Drivers for Japan
10.5 Latin America
10.5.1 Market Size and Analysis
10.5.2 Drivers for Brazil
10.5.3 Drivers for Mexico
11 Vendor Profiles
11.1 Cisco Systems, Inc.
11.1.2 Business Units
11.1.3 Geographic Revenue
11.1.4 Business Focus
11.1.5 SWOT Analysis
11.1.6 Business Strategy
11.2 IBM Corporation
11.2.2 Business segments
11.2.3 Geographic Revenue
11.2.4 Business Focus
11.2.5 SWOT Analysis
11.2.6 Business Strategy
11.3 Axis Communications AB
11.3.2 Business Units
11.3.3 Geographic Revenue
11.3.4 Business Focus
11.3.5 SWOT Analysis
11.3.6 Business Strategy
11.4 Avigilon Corporation
11.4.2 Business Units
11.4.3 Geographic Revenue
11.4.4 Business Focus
11.4.5 SWOT Analysis
11.4.6 Business Strategy
11.5 Bosch Security Systems Inc. (Bosch)
11.5.2 Business Units
11.5.3 Geographic Revenue
11.5.4 Business Focus
11.5.5 SWOT Analysis
11.5.6 Business Strategy
11.6 Honeywell International Inc.
11.6.2 Business Units
11.6.3 Geographic Revenue
11.6.4 Business Focus
11.6.5 SWOT Analysis
11.6.6 Business Strategies
12 Companies to Watch For
12.1 Agent Video Intelligence Ltd.
12.1.2 Agent Video Intelligence Ltd.
12.1.3 Agent Video Intelligence Ltd in Video analytics market
12.2 AllGoVision Technologies Pvt. Ltd
12.2.2 AllGoVision Technologies Pvt. Ltd.
12.2.3 AllGoVision Technologies Pvt. Ltd. in video analytics market
12.3 IntelliVision Technologies Pvt Ltd.
12.3.2 IntelliVision Technologies Pvt Ltd.
12.3.3 IntelliVision Technologies Pvt Ltd. in video analytics market
12.4 3VR Inc.
12.4.2 3VR Inc.
12.4.3 3VR Inc., in video analytics market