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Understanding the dynamics of the global video analytics system market

Understanding the dynamics of the global video analytics system market

The Global Video Analytics System Market accounted for USD 2.23 billion in 2016 growing at a CAGR of 32.9% during the forecast period of 2017 to 2024.

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The upcoming Global Video Analytics System Market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period 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.

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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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