GLOBAL VIDEO ANALYTICS MARKET FORECAST 2019-2027

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GLOBAL VIDEO ANALYTICS MARKET FORECAST 2019-2027

According to Inkwood Research, The global video analytics software market was valued at $3647 million in 2018 & is estimated to generate net revenue of approximately $20450 million by 2027, growing at a CAGR of 20.61%  Video analytics software can be installed on the camera, on NVR, and as a third party software. Each software does the similar thing, i.e., they monitor videos and provides notification alert about any unusual activity.

GLOBAL VIDEO ANALYTICS MARKET FORECAST 2019-2027

Global Video Analytics Market by Component Type (Software, Services) by Deployment (on-premises Deployment, Cloud Deployment) by End-user (Retail, Healthcare, Bfsi, Transportation, Government, Manufacturing, Mining, Other End-users) by Application (Intrusion Detection, Facial Recognition, Crowd Management, License Plate Recognition, Motion Detection, Other Applications) by Organization Size (Large Enterprises, Small & Medium Enterprises) by Geography.

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The video analytics software helps to review the increasing period of surveillance video that a system manager or security guard may not be able to take out time for efficient observation and interpretation of crucial activities. A video surveillance system is useful to capture and watch the footage and undergo visual analysis for better interpretation. Making use of video analytics makes the surveillance system more efficient, and helps in reducing the workload of the management staff and security, and helps to capture the full value of security surveillance video by a smart transforming IP camera system.

According to Inkwood Research, The global video analytics software market was valued at $3647 million in 2018 & is estimated to generate net revenue of approximately $20450 million by 2027, growing at a CAGR of 20.61%

Video analytics software can be installed on the camera, on NVR, and as third-party software. Each software does the similar thing, i.e., they monitor videos and provides notification alert about any unusual activity. All video analytics solutions work in the similar fashion but when setting up the software, one need to set up the parameters as per the unusual activity the software is looking for, set up the alert notification system, and when the software detects something that meets its search criteria sends the required alert notification. For instance, most of the businesses today apply surveillance systems to detect doubtful motion in their store post working hours. This helps the business owners to secure their business assets.

The Video analytics market is primarily driven by the following factors:

  • Increasing concern over public safety and security
  • Increasing demand for IP-based surveillance systems
  • Increasing video data across industries and applications
  • Growth in the use of video analytics for crowd management

The important driver that is primarily propelling the market growth is the increasing concern over public safety and security. The rise in a number of terrorist attacks, high public perception of threats, and rapid urbanization of rural areas are the major forces in growing concern over safety and security to life and assets. Real-time incident management enhances the quality of response in an emergency and disastrous situations, such as natural calamities, fire incident, road accident, theft, security breaches, and others. The high cost of setup and support hardware and the reliability & false alarm issues are the major factors hindering the video analytics market.

The report on global video analytics market includes segmentation as follows:

Component Type is sub-segmented into:

  • Software
  • Services

Deployment is sub-segmented into:

  • On-premises
  • Cloud

End-user is sub-segmented into:

  • Retail
  • Healthcare
  • BFSI
  • Transportation
  • Government
  • Manufacturing
  • Mining
  • Others

Application is sub-segmented into:

  • Intrusion Detection
  • Facial Recognition
  • Crowd Management
  • License plate recognition
  • Motion Detection
  • Others

Geographically, the global video analytics market has been segmented on the basis of four major regions, which include:

The video analytics market in North America is expected to hold the largest share by 2027. North America had been the most dominant market for video analytics in 2018, and has quite a number of major market players offering advanced solutions. Honeywell International, Inc., a major player in the video analytics market in North America, exhibits a high investment in the solutions segment. Growth in demand for business intelligence and increase in concerns over safety and security to life and assets have been driving the market advancement in this region. Furthermore, the rise in need for IP-based security systems and an increase in the adoption of cloud-based systems fuel the growth of the market.

Video analytics are utilized by many end-users. Video analytics is extensively used in the retail sector. Rising need to observe consumer behavior, criteria for buying, product selection pattern and time spend on certain sections is boosting the demand for video analytics in the retail industry. The retail industry need solutions for customer engagement, loss prevention, queue management, and optimization of store.

The major market players in the global video analytics market are:

  • Bosch Security and Safety Systems Global
  • Cisco Systems, Inc.
  • Honeywell International Inc.
  • IBM Corporation
  • Axis Communications

Company profiles cover the analysis of important players and strategic initiatives taken by them. For example, in November 2018, Cisco acquired Ensoft. After acquiring Ensoft, Cisco had accelerated its strategy and had strengthened its commitment to the customers by providing enhanced networking software.

Key findings of the global video analytics market:

  • Software forms the largest share of the component segment
  • Cloud deployment of video analytics is rapidly growing
  • Retail is the major end-user in the video analytics market
  • Facial recognition application is expected to grow at a high CAGR
  • SME are adopting video analytics at a faster rate
  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • SOFTWARE FORMS THE LARGEST SHARE OF THE COMPONENT SEGMENT
      • CLOUD DEPLOYMENT OF VIDEO ANALYTICS IS RAPIDLY GROWING
      • RETAIL IS THE MAJOR END-USER IN THE VIDEO ANALYTICS MARKET
      • FACIAL RECOGNITION APPLICATION IS EXPECTED TO GROW AT A HIGH CAGR
      • SME ARE ADOPTING VIDEO ANALYTICS AT A FASTER RATE
  1. MARKET DYNAMICS
    • MARKET DEFINITION & SCOPE
    • MARKET DRIVERS
      • INCREASING CONCERN OVER PUBLIC SAFETY AND SECURITY
      • INCREASING DEMAND FOR IP-BASED SURVEILLANCE SYSTEMS
      • INCREASING VIDEO DATA ACROSS INDUSTRIES AND APPLICATIONS
      • GROWTH IN THE USE OF VIDEO ANALYTICS FOR CROWD MANAGEMENT
    • MARKET RESTRAINTS
      • HIGH COST OF SETUP AND SUPPORT HARDWARE
      • RELIABILITY & FALSE ALARM ISSUES
    • MARKET OPPORTUNITIES
      • GROWING DEMAND FOR ADVANCED TECHNOLOGY
      • NEED FOR DATA FOR BUSINESS GROWTH
    • MARKET CHALLENGES
      • ISSUES IN REMOTE LOCATION
  1. MARKET BY COMPONENT TYPE
    • SOFTWARE
    • SERVICES
  2. MARKET BY DEPLOYMENT
    • ON-PREMISES DEPLOYMENT
    • CLOUD DEPLOYMENT
  3. MARKET BY END-USER
    • RETAIL
    • HEALTHCARE
    • BFSI
    • TRANSPORTATION
    • GOVERNMENT
    • MANUFACTURING
    • MINING
    • OTHER END-USERS
  4. MARKET BY APPLICATION
    • INTRUSION DETECTION
    • FACIAL RECOGNITION
    • CROWD MANAGEMENT
    • LICENSE PLATE RECOGNITION
    • MOTION DETECTION
    • OTHER APPLICATIONS
  5. MARKET BY ORGANIZATION SIZE
    • LARGE ENTERPRISES
    • SMALL & MEDIUM ENTERPRISES
  6. KEY ANALYTICS
    • PORTER’S FIVE FORCE MODEL
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF COMPETITIVE RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
  7. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
    • EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • ITALY
      • SPAIN
      • RUSSIA
      • ROE (REST OF EUROPE)
    • ASIA PACIFIC
      • INDIA
      • CHINA
      • JAPAN
      • AUSTRALIA
      • SOUTH KOREA
      • REST OF ASIA PACIFIC (RoAPAC)
    • REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST AND AFRICA
  1. COMPETITIVE LANDSCAPE
    • COMPANY PROFILE
      • BOSCH SECURITY AND SAFETY SYSTEMS GLOBAL
      • CISCO SYSTEMS, INC.
      • HONEYWELL INTERNATIONAL INC.
      • IBM CORPORATION
      • AXIS COMMUNICATIONS
      • AGENT VIDEO INTELLIGENCE LTD.
      • AVENTURA TECHNOLOGIES, INC.
      • ALLGOVISION TECHNOLOGIES PVT. LTD.
      • INTELLIVISION
      • VERINT SYSTEMS INC.
      • HIKIVISION
      • MOBOTIX AG
      • PURETECH SYSTEMS, INC.
      • QOGNIFY INC.
      • ARECONT VISION (COSTAR TECHNOLOGIES)

TABLE LIST 

TABLE 1 GLOBAL VIDEO ANALYTICS MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)

TABLE 2 GLOBAL VIDEO ANALYTICS MARKET, BY COMPONENT TYPE, 2019-2027 (IN $ MILLION)

TABLE 3 GLOBAL VIDEO ANALYTICS SOFTWARE MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 4 GLOBAL VIDEO ANALYTICS SERVICES MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 5 GLOBAL VIDEO ANALYTICS MARKET, BY DEPLOYMENT, 2019-2027 (IN $ MILLION)

TABLE 6 GLOBAL ON-PREMISES DEPLOYMENT MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 7 GLOBAL CLOUD DEPLOYMENT MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 8 GLOBAL VIDEO ANALYTICS MARKET, BY END-USER, 2019-2027 (IN $ MILLION)

TABLE 9 GLOBAL RETAIL MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 10 GLOBAL HEALTHCARE MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 11 GLOBAL BFSI MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 12 GLOBAL TRANSPORTATION MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 13 GLOBAL GOVERNMENT MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 14 GLOBAL MANUFACTURING MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 15 GLOBAL MINING MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 16 GLOBAL OTHER END-USERS MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 17 GLOBAL VIDEO ANALYTICS MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)

TABLE 18 GLOBAL INTRUSION DETECTION MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 19 GLOBAL FACIAL RECOGNITION MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 20 GLOBAL CROWD MANAGEMENT MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 21 GLOBAL LICENSE PLATE RECOGNITION VIDEO ANALYTICS MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 22 GLOBAL MOTION DETECTION MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 23 GLOBAL OTHER APPLICATIONS MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 24 GLOBAL VIDEO ANALYTICS MARKET, BY ORGANIZATION SIZE, 2019-2027 (IN $ MILLION)

TABLE 25 GLOBAL LARGE ENTERPRISES MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 26 GLOBAL SMALL & MEDIUM ENTERPRISES MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 27 OPPORTUNITY MATRIX

TABLE 28 VENDOR LANDSCAPE

TABLE 29 GLOBAL VIDEO ANALYTICS MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)

TABLE 30 NORTH AMERICA VIDEO ANALYTICS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 31 EUROPE VIDEO ANALYTICS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 32 ASIA PACIFIC VIDEO ANALYTICS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 33 REST OF WORLD VIDEO ANALYTICS MARKET, BY REGIONS, 2019-2027 (IN $ MILLION)

FIGURES LIST        

FIGURE 1 GLOBAL VIDEO ANALYTICS MARKET SHARE, BY APPLICATION 2018 & 2027 (%)

FIGURE 2 GLOBAL VIDEO ANALYTICS SOFTWARE MARKET, 2019-2027 (IN $ MILLION)

FIGURE 3 GLOBAL CLOUD DEPLOYMENT FOR VIDEO ANALYTICS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 4 GLOBAL RETAIL MARKET ($ MILLION)

FIGURE 5 GLOBAL FACIAL RECOGNITION MARKET ($ MILLION)

FIGURE 6 GLOBAL SME MARKET ($ MILLION)

FIGURE 7 GLOBAL VIDEO ANALYTICS MARKET, BY RETAIL SECTOR, 2019-2027 (IN $ MILLION)

FIGURE 8 GLOBAL VIDEO ANALYTICS MARKET, BY HEALTHCARE SECTOR, 2019-2027 (IN $ MILLION)

FIGURE 9 GLOBAL VIDEO ANALYTICS MARKET, BY BFSI, SECTOR 2019-2027 (IN $ MILLION)

FIGURE 10 GLOBAL VIDEO ANALYTICS MARKET, BY TRANSPORTATION SECTOR, 2019-2027 (IN $ MILLION)

FIGURE 11 GLOBAL VIDEO ANALYTICS MARKET, BY GOVERNMENT SECTOR, 2019-2027 (IN $ MILLION)

FIGURE 12 GLOBAL VIDEO ANALYTICS MARKET, BY MANUFACTURING SECTOR, 2019-2027 (IN $ MILLION)

FIGURE 13 GLOBAL VIDEO ANALYTICS MARKET, BY MINING SECTOR, 2019-2027 (IN $ MILLION)

FIGURE 14 GLOBAL VIDEO ANALYTICS MARKET, BY OTHER END-USERS, 2019-2027 (IN $ MILLION)

FIGURE 15 GLOBAL VIDEO ANALYTICS MARKET, BY INTRUSION DETECTION, 2019-2027 (IN $ MILLION)

FIGURE 16 GLOBAL VIDEO ANALYTICS MARKET, BY FACIAL RECOGNITION, 2019-2027 (IN $ MILLION)

FIGURE 17 GLOBAL VIDEO ANALYTICS MARKET, BY CROWD MANAGEMENT, 2019-2027 (IN $ MILLION)

FIGURE 18 GLOBAL VIDEO ANALYTICS MARKET, BY LICENSE PLATE RECOGNITION, 2019-2027 (IN $ MILLION)

FIGURE 19 GLOBAL VIDEO ANALYTICS MARKET, BY MOTION DETECTION, 2019-2027 (IN $ MILLION)

FIGURE 20 GLOBAL VIDEO ANALYTICS MARKET, BY OTHER APPLICATIONS, 2019-2027 (IN $ MILLION)

FIGURE 21 GLOBAL VIDEO ANALYTICS MARKET, BY LARGE ENTERPRISES, 2019-2027 (IN $ MILLION)

FIGURE 22 GLOBAL VIDEO ANALYTICS MARKET, BY SMALL & MEDIUM ENTERPRISES, 2019-2027 (IN $ MILLION)

FIGURE 23 PORTER’S FIVE FORCE MODEL

FIGURE 24 GLOBAL VIDEO ANALYTICS MARKET, REGIONAL OUTLOOK, 2018 & 2027, (%)

FIGURE 25 UNITED STATES VIDEO ANALYTICS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 26 CANADA VIDEO ANALYTICS MARKET, 2019-2027 (IN $ MILLION

FIGURE 27 UNITED KINGDOM VIDEO ANALYTICS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 28 GERMANY VIDEO ANALYTICS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 29 FRANCE VIDEO ANALYTICS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 30 ITALY VIDEO ANALYTICS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 31 SPAIN VIDEO ANALYTICS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 32 RUSSIA VIDEO ANALYTICS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 33 ROE VIDEO ANALYTICS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 34 INDIA VIDEO ANALYTICS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 35 CHINA VIDEO ANALYTICS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 36 JAPAN VIDEO ANALYTICS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 37 AUSTRALIA VIDEO ANALYTICS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 38 SOUTH KOREA VIDEO ANALYTICS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 39 REST OF ASIA PACIFIC VIDEO ANALYTICS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 40 LATIN AMERICA VIDEO ANALYTICS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 41 MIDDLE EAST AND AFRICA VIDEO ANALYTICS MARKET, 2019-2027 (IN $ MILLION)

  1. MARKET BY COMPONENT TYPE
    • SOFTWARE
    • SERVICES
  2. MARKET BY DEPLOYMENT
    • ON-PREMISES DEPLOYMENT
    • CLOUD DEPLOYMENT
  3. MARKET BY END-USER
    • RETAIL
    • HEALTHCARE
    • BFSI
    • TRANSPORTATION
    • GOVERNMENT
    • MANUFACTURING
    • MINING
    • OTHER END-USERS
  4. MARKET BY APPLICATION
    • INTRUSION DETECTION
    • FACIAL RECOGNITION
    • CROWD MANAGEMENT
    • LICENSE PLATE RECOGNITION
    • MOTION DETECTION
    • OTHER APPLICATIONS
  5. MARKET BY ORGANIZATION SIZE
    • LARGE ENTERPRISES
    • SMALL & MEDIUM ENTERPRISES
  6. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
    • EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • ITALY
      • SPAIN
      • RUSSIA
      • ROE (REST OF EUROPE)
    • ASIA PACIFIC
      • INDIA
      • CHINA
      • JAPAN
      • AUSTRALIA
      • SOTH KOREA
      • REST OF ASIA PACIFIC (RoAPAC)
    • REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST AND AFRICA

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