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Video Analytics Market 2022 – Future of Digital Businesses | Untapped Growth Opportunities Analysis Report to 2028

Viseum International (Potters Bar, England), AllGoVision (Karnataka, India), Huawei Technologies Co., Ltd. (Shenzhen, China), Agent VI (New York, United States), Gorilla Technology Group (Taipei, Taiwan), Cisco Systems, Inc. (California, United States), IBM Corporation (New York, United States), Kiwisecurity (Vienna, Austria), Axis Communications AB (Lund, Sweden), Robert Bosch GmbH (Stuttgart, Germany), Honeywell International Inc. (Charlotte, United States), Motorola Solutions, Inc. (Avigilon Corporation) (Illinois, United States), ULTINOUS Zrt. (Budapest, Hungary).

The global video analytics market size was valued at USD 5.32 billion in 2021. The market is projected to grow from USD 6.35 billion in 2022 to USD 28.37 billion by 2029, exhibiting a CAGR of 23.8% during the forecast period.

Report 2022-2029, has been prepared based on an in-depth market analysis with inputs from industry experts. The Video Analytics Market Size study sheds light on the important growth dynamics expected to prevail across the assessment period 2022-2029. It offers valuable information on changing market dynamics, major segments, top investment pockets, and competitive scenario for market players, investors, shareholders, and new entrants The study offers statistics of key segments across prominent geographies, along with a detailed mapping of the global competitive landscape.

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The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies. The key players studied in the report include:

  • Viseum International (Potters Bar, England)
  • AllGoVision (Karnataka, India)
  • Huawei Technologies Co., Ltd. (Shenzhen, China)
  • Agent VI (New York, United States)
  • Gorilla Technology Group (Taipei, Taiwan)
  • Cisco Systems, Inc. (California, United States)
  • IBM Corporation (New York, United States)
  • Kiwisecurity (Vienna, Austria)
  • Axis Communications AB (Lund, Sweden)
  • Robert Bosch GmbH (Stuttgart, Germany)
  • Honeywell International Inc. (Charlotte, United States)
  • Motorola Solutions, Inc. (Avigilon Corporation) (Illinois, United States)
  • ULTINOUS Zrt. (Budapest, Hungary)

Drivers

Expanding Utilization of AI-based Video Analytics by Governments to Feed Market Growth

The proliferation of artificial intelligence (AI) and related technologies in administrative, public safety, and law enforcement domains is emerging as a major driving force for the video analytics market growth. Governments in several countries are actively deploying AI-powered video analytics and facial recognition solutions to conduct efficient surveillance of citizens, public infrastructures and spaces, and improve the quality of governance. According to the Carnegie Endowment for International Peace’s AI Global Surveillance (AIGS) Index, 75 out of 176 countries worldwide are actively using AI for surveillance activities, including smart policing, facial recognition, and smart city development. The AIGS further reveals that 51% of the liberal advanced democracies and a large chunk of full democracies extensively utilize a wide range of surveillance technologies. Adoption of AI-based video analytics technologies by government agencies will prove highly beneficial for this market in the near future.

Market Segmentation:

By Component

  • Solutions
  • Services
  • Consulting
  • Training and Education
  • Support and Maintenance
  • Professional
  • Managed

By Application

  • Crowd Management
  • Facial Recognition
  • Intrusion Detection
  • License Plate Recognition
  • Motion Detection
  • Others

By End-user

  • BFSI
  • City Surveillance
  • Critical Infrastructure
  • Education
  • Government
  • Retail
  • Transportation
  • Others

By Geography

  • North America (By Component; Application; End-user; and Country)
  • The United States
  • Canada
  • Europe (By Component; Application; End-user; and Country)
  • The United Kingdom

The report provides detailed insights on drivers, restraints, and opportunities to help the market players in devising several growth strategies. The rise in demand for compound semiconductor epitaxial wafer in consumer electronics, the surge in implementation of wafers in the automotive industry, and the increase in use of compound semiconductor wafers photovoltaic, photonics, spintronics, and others are expected to drive the growth of the global compound Video Analytics Market during the forecast period. On the other hand, the extortionate cost of wafer manufacturing is expected to hinder the growth to some extent. However, the increase in popularity of IoT in wafers is expected to create ample opportunities for the industry.

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What’s Included in the Report

  • Global Video Analytics Market in Military and Aerospace Market size and growth projections, 2020- 2029
  • Video Analytics Market in Military and Aerospace Market size, share, and growth projections across regions and countries, 2022- 2029
  • Video Analytics Market in Military and Aerospace market size and CAGR of key products, applications, and end-user verticals, 2022- 2029
  • Short and long term Video Analytics Market in Military and Aerospace Market trends, drivers, restraints, and opportunities
  • Porter’s Five forces analysis
  • Profiles of 5 leading companies in the industry- overview, key strategies, financials, and products
  • Latest market news and developments

The report provides a detailed scenario of the impact of the Covid-19 pandemic on the compound Video Analytics Market globally. The outbreak of COVID-19 has had a negative impact on the growth of the global compound Video Analytics Market, owing to the prevalence of lockdowns in numerous countries across the globe. Lockdowns led to the closure of various electronics manufacturing hubs across the globe, adversely affecting the supply chain of Video Analytics Market. This created a shortage of materials, components, and finished goods. However, the market is expected to recoup soon.

The report offers detailed segmentation of the global compound Video Analytics Market based on type, deposition technology, product, application, and region. These insights are helpful for new as well as existing market players to capitalize on the fastest growing and largest revenue-generating segments to accomplish growth in the future.

Based on product, the power segment generated the highest market share in 2020, garnering more than one-fourth of the global market. The transistor segment, on the other hand, would cite the fastest CAGR during the forecast period.

Product Overview

Management of Video Analytics Market deals with the creation of benefits for the past buying and provides incentives for future buying. The Rewards program provides the customer with strong value, with better customer penetration, cross-sales, and Market. A Market system comprises operational parameters that include; financing options, program design, and transaction types. It also incorporates different value parameters such as redemption thresholds, reimbursement options, and earnings rates. Many organizations concentrate their activities on spending on Market programs. This allows the promotion of brands and continues to attract a new audience. It helps collect more information and insights to develop a more sophisticated customer profile. For the reason of its influence on the brand value and the capability of Video Analytics Market programs to sustain and attract potential customers, Market management is a key part of the seller strategy.

An in-depth qualitative and quantitative research of the global Video Analytics Market has been undertaken in this report. The study reckons various important aspects of the market by focusing on the historical and forecast data. Information pertaining to SWOT analysis as well as Porter’s five force model analysis has been encompassed in the report.

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Table of Contents

Detailed TOC of Video Analytics Market Development Strategy Pre and Post COVID-19, by Corporate Strategy Analysis, Landscape, Type, Application, and Leading Countries
1 Market Overview
1.1 Product Definition and Market Characteristics
1.2 Global Video Analytics Market Size
1.3 Market Segmentation
1.4 Global Macroeconomic Analysis
1.5 SWOT Analysis
2. Market Dynamics
2.1 Market Drivers
2.2 Market Constraints and Challenges
2.3 Emerging Market Trends
2.4 Impact of COVID-19
2.4.1 Short-term Impact
2.4.2 Long-term Impact
3 Associated Industry Assessment
3.1 Supply Chain Analysis
3.2 Industry Active Participants
3.2.1 Suppliers of Raw Materials
3.2.2 Key Distributors/Retailers
3.3 Alternative Analysis
3.4 The Impact of Covid-19 From the Perspective of Industry Chain
4 Market Competitive Landscape
4.1 Industry Leading Players
4.2 Industry News
4.2.1 Key Product Launch News
4.2.2 M and A and Expansion Plans
5 Analysis of Leading Companies
6 Market Analysis and Forecast, By Product Types
6.1 Global Video Analytics Market Sales, Revenue and Share by Types(2017-2022)
6.1.1 Global Video Analytics Market Sales and Share by Types(2017-2022)
6.1.2 Global Video Analytics Market Revenue and Share by Types (2017-2022)
6.1.3 Global Video Analytics Market Price by Types (2017-2022)
6.2 Global Market Forecast by Types (2017-2022)
6.2.1 Global Market Forecast Sales and Market Share by Types(2022-2029)
6.2.2 Global Video Analytics Market Forecast Revenue and Share by Types(2022-2029)
6.3 Global Sales, Price and Growth Rate by Types(2017-2022)
7 Market Analysis and Forecast, By Applications
7.1 Global Video Analytics Market Sales, Revenue and Share by Applications(2017-2022)
7.1.1 Global Video Analytics Market Sales and Share by Applications(2017-2022)
7.1.2 Global Video Analytics Market Revenue and Share by Applications(2017-2022)
8 Market Analysis and Forecast, By Regions
8.1 Global Video Analytics Market Sales by Regions(2017-2022)
8.2 Global Video Analytics Market Market Revenue by Regions(2017-2022)
8.3 Global Video Analytics Market Market Forecast by Regions(2022-2029)

……Continued

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