MarkNtel Advisors, leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on The Global Video Analytics Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.
Global Video Analytics Market Insights 2024-2030
The Global Video Analytics Market is anticipated to witness around 23.3% CAGR during the forecast period, i.e., 2024-30.
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Top Players in the Video Analytics Market:
- 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
Segmentation Analysis of Video Analytics Market
Video Analytics Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2024 to 2030, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.
- 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)
Based on Application: Of them all, People/Crowd Counting is projected to hold the largest share of the Video Analytics Market during 2024-30. Crowd counting & management is a tedious task for police departments or government agencies at any event. In such situations, the combination of cutting-edge surveillance systems with video processing capabilities provides end-users with real-time situational alerts. Video Analytics is highly beneficial for identifying suspicious actions, prominent statistics & trends in the crowd, and estimating crowd size. Hence, it plays a significant role in crowd management.
Furthermore, facial recognition is anticipated to experience the fastest market growth over the forecast years, owing prominently to the increasing demand for video analytics technology for fraud detection in visas & passports, attendance tracking & management, and criminal identification.
- 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
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A Comprehensive Geographical Analysis:
By Region
- North America
- South America
- Europe
- Asia Pacific
- Middle East and Africa
Of all regions globally, North America is likely to acquire the largest share of the Video Analytics Market during 2024-30.
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