According to a new market research report published by Global Insight Services ” Video Analytics Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Video analytics is the technology used to extract information from video data. It can be used to track objects, people, and events. It can also be used to monitor behavior, and to detect and diagnose problems. Video analytics can be used to improve the efficiency and effectiveness of security, surveillance, and other video-based systems.
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Key Players
- Avigilon
- Axis Communications
- Cisco
- Honeywell
- Agent Vi
- Allgovision
- Aventura Systems
Key Trends and Drivers
The major drivers for the growth of video analytics market are the need for effective security and surveillance, and the increasing adoption of video analytics in retail and BFSI sector. The key restraints for the growth of video analytics market are the lack of awareness and the high cost of video analytics solutions.
The key trends in video analytics market are the increasing adoption of cloud-based solutions, the need for real-time analysis, and the increasing adoption of video analytics in smart city projects.
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Market Segments
By Component
- Software
- Services
By Deployment
- On-Premise
- Cloud
By Organization Size
- Small & Medium Enterprise
- Large Enterprises
By Application
- Retail
- Critical Infrastructure
- Airport
- Public Transport
- Police
- Defense and Security
- Smart Cities
- Hospitality
- Healthcare
- BFSI
- Transportation & Logistics
- Manufacturing
- Mining
Reasons to buy Video Analytics Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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