The video analytics system is the capability of automatically analyzing video to detect and determine temporal and spatial events. Video analytics equipment and solutions provide post-event as well as real-time event detection through data analysis. The demand for actionable insights derived from ever-increasing data pool in organizations and increasing government investments are driving the market for video analytics system whereas high initial cost is one of the restraining factors for this market.
This report, by analyzing historical data and future prospects, represents the total size of the Global Video Analytics System Market from a global perspective. All business profiles of leading players and brands have been published in the Global Video Analytics System Market report. Also discussed are the new strategic plan and suggestions that will help both old and new players on the market to maintain competitiveness. This report provides an exhaustive study of the Abc industry that explains the trends in the market definition, classifications, applications, commitments, and global industry. The report provides a far-reaching market analysis by types, applications, players and regions. The report provides a quantitative analysis of the current market and estimates through 2014-2020, allowing stakeholders to capitalize on market opportunities that prevail. The market’s seven-year period can assess how the market is expected to evolve. The Global Video Analytics System Market is expected to see progress in the coming period from 2019 to 2024 due to the growing demand at the end user level.
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 by 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast by 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,
Major Topics Covered in this Report:
• Chapter 1 Study Coverage
• Chapter 2 Executive Summary
• Chapter 3 Market Size by Manufacturers
• Chapter 4 Production by Regions
• Chapter 5 Consumption by Regions
• Chapter 6 Market Size by Type
• Chapter 7 Market Size by Application
• Chapter 8 Manufacturers Profiles
• Chapter 9 Production Forecasts
• Chapter 10 Consumption Forecast
• Chapter 11 Upstream, Industry Chain and Downstream Customers Analysis
• Chapter 12 Opportunities & Challenges, Threat and Affecting Factors
• Chapter 13 Key Findings
• Chapter 14 Appendix
The global video analytics system market is segmented on the basis of type into software and services. The services are further sub segmented into managed services and professional services.
On the basis of deployment, the global video analytics system market is segmented into on-premises and on-demand.
On the basis of application, the global video analytics system market is segmented into incident detection, intrusion management, people/crowd counting, traffic monitoring, automatic number plate recognition (ANPR), facial recognition and others.
On the basis of vertical, the global video analytics system market is segmented into 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, global video analytics system market report covers data points for 28 countries across multiple geographies such as 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.
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.
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
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?