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Video Analytics Market

Global Video Analytics Market Size, Share, Growth, Forecast: By Component Type: Software, Services; By Type: Service Based, EDGE Based; By Deployment Type: Cloud, On Premise; By Application; By End Use; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Video Analytics Market Outlook

The global video analytics market is projected to grow at a CAGR of 21% between 2024 and 2032, to reach USD 73.76 billion by 2032.

 

Global Video Analytics Market

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Advancements in Technology to Propel the Market Growth of Video Analytics

To get a competitive advantage and adapt to the shifts in the needs of end consumers, business vendors are continually seeking to develop their product offerings. Therefore, they use emerging technology combined with video analytics applications, such as artificial intelligence, deep learning, and machine learning. Video analytics industry leaders are developing advanced video analytics tools focused on artificial intelligence that provide autonomous means of tracking and optimizing real-time video content processing. In addition, the use of these advanced video analytics applications will deliver a substantial improvement in accuracy and a substantial reduction of false alarms, which are aiding the market growth. Machine learning can further assist in the explicit recognition of photographs and multiple object types. Thus, both of these influences are jointly contributing to business expansion.

 

Video Analytics: Market Segmentation

Video analytics refers to software that is used for near real-time analysis of video sources. While watching the images, the program detects characteristics, activities, or patterns of unique activity through video analysis of controlled environments. The software can produce automated warnings and can enable forensic review of historical records.

 

Global Video Analytics Market By Application

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By component type, the market is divided into:

  • Software
  • Services

Based on type, the market segmented into:

  • Service Based
  • EDGE Based

Based on deployment type, the market segmented into:

  • Cloud
  • On Premise

On the basis of application, the market is divided into:

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

Based on end-use, the market is segmented into:

  • Education
  • Retail
  • Government
  • Critical Infrastructure
  • Transportation
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Video Analytics Market By Region

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Growing Demand for IP-Based Security Cameras to Boost the Video Analytics Industry

Video management systems have been witnessing an increased demand for IP-based monitoring systems, high-resolution Internet cameras and network video recorders in recent years. The rise in IP-based security is motivated by an increase in IP infrastructure, an increase in telephony density, and the need for remote access. Market vendors are, therefore expanding their product offerings with IP-based surveillance cameras providing advanced video analytics features. Remote connectivity, smart data capture, tracking blocking emergency exits or queue alerts, intrusion prevention, crowd control, and facial recognition are the advantages of IP-based surveillance cameras along with video analytics. Nowadays, the retail industry has adopted IP-based surveillance cameras to monitor demographic behavioral analytics. Thus, the market for video analytics solutions is motivated by a growth in the deployment of IP-based surveillance cameras across multiple business sectors.

 

Key Industry Players in the Global Video Analytics Market

The report gives a detailed analysis of the following key players in the global video analytics market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Axis Communications AB
  • Honeywell International Inc
  • Bosch Sicherheitssysteme GmbH
  • Avigilon Corporation
  • Cisco Systems Inc.
  • IBM Corporation
  • Genetec Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Component Type
  • Type
  • Deployment Type
  • Application
  • End Use
  • Region
Breakup by Component Type
  • Software
  • Services
Breakup by Type
  • Service Based
  • EDGE Based
Breakup by Deployment Type
  • Cloud
  • On Premise
Breakup by Application
  • Incident Detection
  • Intrusion Management
  • People/Crowd Counting
  • Traffic Monitoring
  • Automatic Number Plate Recognition
  • Others
Breakup by End Use
  • Education
  • Retail
  • Government
  • Critical Infrastructure
  • Transportation
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Axis Communications AB
  • Honeywell International Inc
  • Bosch Sicherheitssysteme GmbH
  • Avigilon Corporation
  • Cisco Systems Inc.
  • IBM Corporation
  • Genetec Inc.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Video Analytics Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Video Analytics Historical Market (2018-2023) 
    8.3    Global Video Analytics Market Forecast (2024-2032)
    8.4    Global Video Analytics Market by Component Type
        8.4.1    Software
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Services
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Video Analytics Market by Type
        8.5.1    Service Based
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    EDGE Based
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Video Analytics Market by Deployment Type
        8.6.1    Cloud
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    On Premise
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
    8.7    Global Video Analytics Market by Application
        8.7.1    Incident Detection
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Intrusion Management
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    People/Crowd Counting
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Traffic Monitoring
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Automatic Number Plate Recognition
            8.7.5.1    Historical Trend (2018-2023)
            8.7.5.2    Forecast Trend (2024-2032)
        8.7.6    Facial Recognition
            8.7.6.1    Historical Trend (2018-2023)
            8.7.6.2    Forecast Trend (2024-2032)
        8.7.7    Others
    8.8    Global Video Analytics Market by End Use
        8.8.1    Education
            8.8.1.1    Historical Trend (2018-2023)
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Retail
            8.8.2.1    Historical Trend (2018-2023)
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Government
            8.8.3.1    Historical Trend (2018-2023)
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Critical Infrastructure
            8.8.4.1    Historical Trend (2018-2023)
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Transportation
            8.8.5.1    Historical Trend (2018-2023)
            8.8.5.2    Forecast Trend (2024-2032)
        8.8.6    Others
    8.9    Global Video Analytics Market by Region       
        8.9.1    North America
            8.9.1.1    Historical Trend (2018-2023) 
            8.9.1.2    Forecast Trend (2024-2032)
        8.9.2    Europe
            8.9.2.1    Historical Trend (2018-2023) 
            8.9.2.2    Forecast Trend (2024-2032)
        8.9.3    Asia Pacific
            8.9.3.1    Historical Trend (2018-2023) 
            8.9.3.2    Forecast Trend (2024-2032)
        8.9.4    Latin America
            8.9.4.1    Historical Trend (2018-2023) 
            8.9.4.2    Forecast Trend (2024-2032)
        8.9.5    Middle East and Africa
            8.9.5.1    Historical Trend (2018-2023) 
            8.9.5.2    Forecast Trend (2024-2032) 
9    North America Video Analytics Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Video Analytics Market  Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Video Analytics Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Video Analytics Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Video Analytics Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Axis Communications AB
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Honeywell International Inc
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Bosch Sicherheitssysteme GmbH
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Avigilon Corporation
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Cisco Systems Inc.
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    IBM Corporation
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Genetec Inc.
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Video Analytics Market: Key Industry Highlights, 2018 and 2032
2.    Global Video Analytics Historical Market: Breakup by Component Type (USD Billion), 2018-2023
3.    Global Video Analytics Market Forecast: Breakup by Component Type (USD Billion), 2024-2032
4.    Global Video Analytics Historical Market: Breakup by Type (USD Billion), 2018-2023
5.    Global Video Analytics Market Forecast: Breakup by Type (USD Billion), 2024-2032
6.    Global Video Analytics Historical Market: Breakup by Deployment Type (USD Billion), 2018-2023
7.    Global Video Analytics Market Forecast: Breakup by Deployment Type (USD Billion), 2024-2032
8.    Global Video Analytics Historical Market: Breakup by Application (USD Billion), 2018-2023
9.    Global Video Analytics Market Forecast: Breakup by Application (USD Billion), 2024-2032
10.    Global Video Analytics Historical Market: Breakup by End Use (USD Billion), 2018-2023
11.    Global Video Analytics Market Forecast: Breakup by End Use (USD Billion), 2024-2032
12.    Global Video Analytics Historical Market: Breakup by Region (USD Billion), 2018-2023
13.    Global Video Analytics Market Forecast: Breakup by Region (USD Billion), 2024-2032
14.    North America Video Analytics Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    North America Video Analytics Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Europe Video Analytics Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Europe Video Analytics Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Asia Pacific Video Analytics Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Asia Pacific Video Analytics Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Latin America Video Analytics Historical Market: Breakup by Country (USD Billion), 2018-2023
21.    Latin America Video Analytics Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.    Middle East and Africa Video Analytics Historical Market: Breakup by Country (USD Billion), 2018-2023
23.    Middle East and Africa Video Analytics Market Forecast: Breakup by Country (USD Billion), 2024-2032
24.    Global Video Analytics Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 21% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 73.76 billion by 2032.

The major drivers of the market include the growing need to reduce crime rates, and advancements in technology.

Growing demand for IP-based security cameras and the increased focus of the governments of various countries on public security are the key trends propelling the growth of the market.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The component types include software and services.

The different types in the market are service based and EDGE based.

The primarily deployment types of video analytics in the market include cloud and on premise.

Video analytics finds applications in incident detection, intrusion management, people/crowd counting, traffic monitoring, automatic number plate recognition, and facial recognition, among others.

The end uses include education, retail, government, critical infrastructure, and transportation, among others.

The key players in the global video analytics market are Axis Communications AB, Honeywell International Inc, Bosch Sicherheitssysteme GmbH, Avigilon Corporation, Cisco Systems Inc., IBM Corporation, and Genetec Inc., among others.

Analyst Review

The global video analytics market is likely to be aided by the growing demand for IP-based security cameras. The market is expected to further grow at a CAGR of 21% in the forecast period of 2024-2032 to reach USD 73.76 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By component type, the market is divided into software and services. Based on type, the market can be segmented into service based and EDGE based. Based on deployment type, the market is segmented into cloud and on premise. On the basis of application, the market is divided into incident detection, intrusion management, people/crowd counting, traffic monitoring, automatic number plate recognition, facial recognition, and others. Based on end-use, the market is segmented into education, retail, government, critical infrastructure, transportation, and others. The major regional markets for video analytics are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Axis Communications AB, Honeywell International Inc., Bosch Sicherheitssysteme GmbH, Avigilon Corporation, Cisco Systems Inc., IBM Corporation, and Genetec Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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