ReleaseWire

Video Analytics Market Size Is Projected to Reach US$ 22.63 Bn and Grow at CAGR 19.83% over Forecasts Period 2022-2028 : Key Players: Allgovision Technologies Pvt. Ltd.,

“The Video Analytics market size was valued at US$ 6.37 Bn in 2021, and is predicted to reach US$ 22.63 Bn by 2028, with a growing healthy CAGR of 19.83% during the forecast period 2022-2028, as per SNS Researchers.”

Posted: Thursday, October 20, 2022 at 10:49 AM CDT

Pune, Maharashtra -- (SBWire) -- 10/20/2022 --Video Analytics Market Size, Share & Growth Analysis 2022

Video analytics is a technique that assesses a digital signal using an innovative algorithm to perform a security function. It protects critical infrastructures by detecting intruders and generating an alarm whenever they do. The healthcare industry has started to take notice of video analytics' benefits. When a specific activity is detected, video analytics can be used to recognise and detect intruders in a healthcare facility. An example of a fence-climbing alarm is a security technology that is utilised to monitor for intruders. In addition, foot traffic past a drugstore that is closed may be deemed normal in the evening, but loitering around the drugstore entrance might indicate a burglary is imminent.

CCTV systems are becoming more effective thanks to digitalisation. CCTV systems are being utilised in conjunction with automation and intelligence to create powerful and immediate management tools. Specific cameras can be utilised to analyse CCTV photos and identify intruders (using computer processing abilities). CCTV systems can also be integrated with other access control and surveillance technologies to develop a multifunctional system for asset protection. CCTV systems are being integrated with other access control technologies to produce a powerful multifunctional system for asset protection. Video content analysis (VCA) or video analytics (VA) is a relatively new feature of intelligent CCTV, which is able to perform various analytical functions, including dynamic masking, motion estimation, motion detection, and object recognition.

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Major Key Company profiles analysis covered in Video Analytics Market are:

- Allgovision Technologies Pvt. Ltd.
- Aventura technologies, inc.
- Axis communications ab
- Cisco Systems, inc.
- Honeywell international inc.
- Intellivision technologies corp.
- international business machines corporation
- Puretech systems inc.
- Qognify
- Verint systems inc.

Given the intended market, it also covers critical procedures that have been certified by large organizations. This is an excellent source of market insider information. Primary and secondary data sources are used in Video Analytics market research. As part of the study process, numerous industry experts, suppliers, distributors, and other relevant people were interviewed. Based on worldwide market dynamics, the market research study provides an overview of the most noteworthy trends and industries.

The conclusions and data in the Video Analytics market research report have been endorsed by well-known academics and industry experts from a variety of industries. Press releases, official websites, annual reports from firms, and other similar items are sources of statistical information for the market research report. The study report investigates major industry changes, current trends, and significant discoveries in depth.

Video Analytics Market Segmentation Analysis 2022

When the market is properly classified, the report becomes much clearer and more illustrative. During market research, three primary criteria are considered: the application, the end-user, and the geographical areas. The accompanying data tables and images make the Video Analytics market study easy to interpret.

Major Segments and Sub-Segment of Video Analytics Market are Listed Below:

Segmentation by Type:
- Software
- Services

Segmentation by Deployment:
- Cloud
- On-premise

Segmentation by Application:
- Crowd Management
- Facial Recognition
- Intrusion Detection
- License Plate Recognition
- Motion Detection
- Others

Segmentation by End-use:
- BFSI
- City
- Critical Infrastructure
- Education
- Government
- Retail
- Transportation
- Others

In this study, the years considered to estimate the market size of Video Analytics are as follows:
- History Year: 2016-2020
- Base Year: 2021
- Estimated Year: 2022
- Forecast Year 2022 to 2028

COVID-19 Impact Analysis

The research looked at the market's short- and long-term implications, and it will help decision-makers establish company plans and strategies targeted to certain industries. The research report includes a specific part that explains how the COVID-19 epidemic has altered the Video Analytics market's leaders, followers, and disruptors. As the lockdown was handled differently in different regions and countries, the effects varied by geography and market segment.

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Video Analytics Industry Regional Outlook

The most recent Video Analytics market research report examines and forecasts all of the world's important regional markets. The most recent study report focuses on major trends, current events, and bright opportunities to keep an eye on in these areas.

Regional Analysis Covered in this report:

- North America [United States, Canada]
- Europe [Germany, France, U.K., Italy, Russia]
- Asia-Pacific [China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia]
- Latin America [Mexico, Brazil, Argentina]
- Middle East & Africa [Turkey, Saudi Arabia, UAE]

Competitive Analysis

In the Video Analytics market report, the data for each sector is evaluated using the top-down strategy, and the results are compared to those obtained using the bottom-up method. In order to reveal important market and technology breakthroughs, multi-level research is utilized to acquire critical information on well-known companies, as well as market classification and segmentation based on industry trends.

Key Reasons to Purchase Video Analytics Market Report 2022

- The report data may be used by companies to launch new product launches, collaborations, and market acquisitions, as well as precisely segregate each submarket based on various growth trends and market participation.

- Before developing a successful company strategy, readers will be able to appreciate rivals' primary operational strategies, past market performance, and product and service portfolio.

Conclusion

The Video Analytics market research report will give market participants with a market development roadmap, supporting them in articulating expected goals for meeting corporate objectives.

Table of Contents – Major Key Points

1. Introduction

2. Research Methodology

3. Market Dynamics

4. Impact Analysis

5. Value Chain Analysis

6. Porter's 5 Forces Model

8. Video Analytics Market Segmentation, By Type

9. Video Analytics Market Segmentation, By Deployment

10. Video Analytics Market Segmentation, By Application

11. Video Analytics Market Segmentation, By End-Use

12. Regional Analysis

13. Company Profiles

14. Competitive Landscape

15. Conclusion

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