Pune, India -- (SBWire) -- 01/17/2018 --The Global Video Analytics System Market represented USD 2.23 billion of every 2016 developing at a CAGR of 32.9% amid the gauge time of 2017 to 2024. The up and coming business sector report contains information for noteworthy year 2014, 2015, the base year of computation is 2016 and the figure time frame is 2017 to 2024.
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Global Video analytics system Market By Geography, Type {Software, Services (Managed Services, Professional Services)}, Deployment Model (On-Premises, On-Demand), Application (Incident Detection, Intrusion Management, People/Crowd Counting, Traffic Monitoring, ANPR, Facial Recognition), Vertical- Industry Trends and Forecast to 2024
Top Competitors Of Market:
- Cisco Systems, Inc. ,
- Honeywell International Inc.,
- IBM Corporation,
- intuVision, Inc,
- Intelli Vision,
- PureTech Systems Inc.,
- i2v System Pvt. Ltd,
- Genetec Inc.,
- Aventura Technologies, Inc.,
- Avigilon Corporation,
- AllGoVision Technologies Pvt. Ltd,
- Agent Video Intelligence Ltd.,
- Axis Communications AB,
- Qognify,
- Milestone systems A/S.
- among others.
Market Segmentation:
on the basis of type:- software and services.
Sub segmented :- Managed services and Professional services.
On the basis of deployment:- On-premises and On-demand.
On the basis of application:- Incident detection, intrusion management, people/crowd counting, traffic monitoring, automatic number plate recognition (ANPR), facial recognition and others.
On the basis of vertical:- Transportation, critical infrastructure protection, traffic management, border security, hospitality and entertainment, city surveillance, banking, financial services, and insurance (BFSI), retail, education and others.
On the basis of geography:- North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Competitive Analysis:
The report for video analytics system market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
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Market Drivers And Restraints:
- Demand for Actionable Insights Derived From Ever-Increasing Data Pool in Organizations
- Increasing Government Investments
- High Investment Cost
- Bandwidth and Storage Issues
- Increasing Adoption of SaaS-Based Video Analytics
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Key questions answered in this report:-
What will the market size be in 2024 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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Video Analytics System Market Analysis, Size, Market Share, Growth, Top Vendors Profile, Trend and Forecast 2024
Video analytics system Market By Geography, Type {Software, Services (Managed Services, Professional Services)}, Deployment Model (On-Premises, On-Demand), Application (Incident Detection, Intrusion Management, People/Crowd Counting, Traffic Monitoring, ANPR, Facial Recognition), Vertical- Industry Analysis, Size, Share, Trends and Forecast to 2024