Video Analytics System Market to Perceive Highest CAGR of 20.9% by 2030, Size, Share, Trends, Growth and Opportunity Analysis

PRESS RELEASE
Published October 23, 2023

Data Bridge Market Research’s latest report, Video Analytics System Market” provides a thorough analysis of growth strategies, drivers, opportunities, key segments, Porter’s Five Forces analysis, and the competitive landscape, offering valuable insights for industry professionals. Video Analytics System is the finest market research report, which is the result of a proficient team and their potential capabilities. In this market research report, data collection modules with large sample sizes are used to collect data and perform base year analysis. The market research data included in this report is analyzed and forecasted using market statistical and coherent models. This wide-ranging market analysis report puts light on many aspects related to Video Analytics System industry and market. Market definition, market segmentation, competitive analysis, and research methodology are the major topics covered in the Winning Video Analytics System business report.

Data Bridge Market Research analyses that the global video analytics system market which was USD 7,133.10 million in 2022, is expected to reach USD 66,376.62 million by 2030, and is expected to undergo a CAGR of 20.9% during the forecast period 2023-2030.  In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Get a Sample PDF of Video Analytics System Market Research Report@ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-video-analytics-system-market&Somesh=

Rising awareness about the benefits of video analytics over manual video analysis is creating lucrative growth opportunities for the global video analytics market. Rising demand for IP-based security systems by small and medium scale enterprises coupled with surge in volume of unstructured video data will further induce growth in the global video analytics market value. Rising adoption of connected devices by medium and small scale enterprises coupled with government initiatives in emerging technologies to enhance public safety infrastructure will also propel growth in the demand for video analytics. Overall growth and expansion of security and surveillance industry will further carve the way for growth of this global video analytics market.

Some of The Major Players Operating In The Global Video Analytics System Market Are

  • Avigilon Corporation (Canada)
  • Axis Communications AB (Sweden)
  • Cisco Systems, Inc. (U.S.)
  • Honeywell International Inc. (U.S.)
  • Agent Video Intelligence Ltd. (U.S.)
  • AllGoVision Technologies Pvt. Ltd (India)
  • Earth Water Limited (U.S.)
  • Genetec Inc., (Canada)
  • Intellivision (U.S.)
  • Intuvision Inc., (U.S.)
  • Puretech Systems (U.S.)
  • Hangzhou Hikvision Digital Technology Co., Ltd. (China)
  • Dahua Technology USA Inc. (China)
  • Iomniscient (Australia)
  • NEC Corporation (Japan)
  • Huawei Technologies Co., Ltd. (China)
  • Gorilla Technology Group (Taiwan)
  • ISS corp (U.S.)
  • Verint Systems Inc. (U.S.)
  • Viseum (U.K.)
  • Briefcam (U.S.)
  • Bosch Sicherheitssysteme GmbH (Germany)
  • i2V Systems Pvt. Ltd (India)
  • Cronj (India),
  • Microtraffic Inc., (Canada)

Recent Developments

  • In June 2021, Atos SE purchased Ipsotek, a developer of AI-enhanced video analytics software added Ipsotek’s software capabilities to its portfolio of Edge AI and Computer Vision solutions
  • In December 2021, Senstar Corporation, a provider of perimeter intrusion detection systems (PIDS), video analytics, and management software, worked with IPVideo Corporation to include its Senstar Symphony Common Operating Platform into the HALO IoT Smart Sensor. It is anticipated that this integration will make it easier for HALO users to receive alerts when Senstar Symphony Common Operating Platform data indicates that vaping, chemicals, sounds, gunshots, air quality, or health are beyond of typical ranges or levels
  • In July 2020, A video analytics business called Modcam was purchased by Cisco Systems, Inc. It is anticipated that Modcam’s solutions will enhance the analytical capabilities of Cisco Meraki MV smart cameras to give their users access to micro-level data

Video Analytics System Market Segmentations:

Type

  • Software
  • Services

 Deployment

  • On-Premise
  • Cloud

 Application

  • Incident Detection
  • Crowd Management
  • Intrusion Management
  • Traffic Monitoring
  • Automatic Number Plate Recognition
  • Facial Recognition
  • Others

Vertical

  • BFSI
  • City Surveillance
  • Critical Infrastructure
  • Education
  • Hospitality and Entertainment
  • Manufacturing
  • Defense and Border Security
  • Retail and Consumer Goods
  • Traffic Management
  • Transportation
  • Others

 Organization Size

  • Small and Medium Enterprise
  • Large Enterprise

To Gain More Insights into the Market Analysis, Browse Summary of the Video Analytics System Market Report@ https://www.databridgemarketresearch.com/reports/global-video-analytics-system-market?Somesh=

Video Analytics System Market Country Level Analysis

The countries covered in the Video Analytics System Market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

It’s in your best interest to take this report into consideration because:

  • Strong and extensive research methods were used to construct this study. The thoroughness and precision of the market reports produced by Data Bridge Market Research have earned them a great reputation.
  • A complete picture of the competitive scenario of the Video Analytics System market is depicted by this report.
  • The wide range of research on how these innovations may affect market expansion in the future.
  • The report’s findings are presented in an approachable format, with accompanying visuals (such as histograms, bar graphs, pie charts, etc.) that make the data readily digestible.
  • The potential, threats, and difficulties in the Video Analytics System market, as well as the factors driving and restraining it, are discussed at length.
  • It gives an all-encompassing evaluation of the anticipated conduct of the future market and the changing market condition.
  • This study provides a number of strategic business approaches to assist you in making educated business decisions.

New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC: https://www.databridgemarketresearch.com/toc/?dbmr=global-video-analytics-system-market&Somesh=

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