The video analytics market size is estimated to grow from USD2.61 billion in 2017 to USD 11.17 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 33.7%. Government investments in emerging technologies to enhance public safety infrastructure have fueled the growth of video analytics software substantially. However,high investment costs with respect to supporting hardware and band width, and storage issues are the restraining factors for the video analytics market.
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Report provides detailed insights into video analytics market, which segmented on basis of types, deployment models, applications, verticals, and regions. In market by type, software segment is expected to hold largest market share due to increasing adoption among organizations in all verticals.
Integration of analytics into video cameras & systems has provided much needed assistance to enterprises for automated monitoring & surveillance vis-a-vis physical monitoring by guards over CCTV cameras.
Key Target Audience:
- Video analytics software vendors
- Video surveillance system providers
- Internet Service Providers (ISPs)
- Cloud Service Providers (CSPs)
- Managed Service Providers (MSPs)
- System integrators
- Networking companies
- Third-party providers
- Value-Added Resellers (VARs)
- Government agencies
- Consultants/consultancies/advisory firms
- Support and maintenance service providers
- Technology providers
The main objective of video analytics market report is to define, describe, and forecast the global video analytics market, on the basis of types, deployment models, applications, verticals, and regions. The report provides detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges).
More Information on Video Analytics Market with Forecast and Company Profiles at www.rnrmarketresearch.com/contacts/393598 .
It aims to strategically analyze video analytics market with respect to individual growth trends, future prospects, and their contribution to the total market. The report attempts to forecast the market size with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America.
1 Attractive Market Opportunities in the Video Analytics Market
2 Market Share Across Various Regions
3 Market By Industry Vertical and Region
4 Lifecycle Analysis, By Region, 2017
The video analytics market ecosystem comprises software and service providers, such as Cisco Systems (U.S.), Honeywell International Inc. (U.S.), IBM Corporation (U.S.), Axis Communication (U.S.), Agent Video Intelligent (U.S.), AllGoVision Technologies Pvt.
Ltd.(India), Avigilon Corporation (Australia), Aventura Technologies Inc. (U.S.), Genetec Inc. (Canada), I2V System Private Ltd.(India), Intellivision Technologies (U.S.), IntuVision (U.S.), PureTech Systems Inc.
(U.S.), and Qognify (U.S.)
The video analytics market in North America is poised to grow at a very significant pace. After the 9/11 attack, the deployment of video surveillance cameras has increased substantially in the region.
The deployment of video analytics is expected to leverage further in the region owing to the increasing security concerns by the government bodies in the U.S., which are swiftly deploying advanced video analytics solutions to nab the culprits and bringing them to books easily.
Reasons to Access the Report:
- To get a comprehensive overview of the global video analytics market
- To gain wide-ranging information about the top players in this market, their product portfolios, and key strategies adopted by them
- To gain insights of the major countries/regions, in which the video analytics market is flourishing in various industry verticals.
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