Video Analytics Market by Component (Software, Services) by Deployment Model (On-premises, Cloud based) by Application (Incident Detection, Intrusion Management, People/Crowd Counting, Traffic Monitoring, Automatic Number Plate Recognition, Facial Recognition, Others) by Vertical- Growth, Future Prospects, And Competitive Analysis, 2017 -2025

Published: | Report ID: 11954 | Report Format : PDF

Video Analytics Market Analysis

The automated monitoring, processing, and analysis of video feed in real-time to detect spatial occurrences are known as video analytics. It frequently involves the use of software programs, a large number of cameras, and AI-based systems to analyze videos to learn about attributes, events, and human behavioural patterns. Drones have grown in popularity in recent years, with the aerospace and defense industries leading the way. According to FAA data, the US has 1,563,263 registered drones, 441,709 of which are commercial drones. Drones have been used to inspect difficult-to-reach areas in a variety of locations. One of the most important applications of drones is the creation of a 3600 time-lapse video of a location. Drones fly over a location at regular intervals to collect high-resolution images from all angles. With their 360-degree capture area, drones overcome the limitations of traditional cameras. The market for video analytics is expected to be worth $ 17.6 billion by 2027, up from $ 4.3 billion in 2020. Over the forecast period, the market is expected to grow at a CAGR of 22.2%.

Video Analytics Market

Interesting Facts of Video Analytics Market

  • With aid of advanced technology, video analytics can identify, detect and track people or subject and can generate alarm
  • Video analytics has brought the paradigm shift in safety of organizations
  • In 2019, the software segment accounted for the largest share of video analytics market sales
  • During the forecast period, the on-premises sector accounted for a larger share of the video analytics market
  • Transportation and logistics will be one of the fastest-growing industries throughout the forecast period
  • North America, which has the most advanced technology adoption and infrastructure, will lead the global video analytics market
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COVID-19 Impact on Video Analytics Market

The most recent COVID-19 incident has focused attention on human life safety and security. With the development of intuitive technologies, particularly AI-based surveillance systems based on deep learning and computer vision, companies in a variety of industries are using video analytics solutions for various reasons, including dynamically achieving situational awareness, proactively driving real-time alerts, and scheduling BI dashboards.

In 2020, the on-premises segment will have the largest market share

The video analytics market is divided into two segments based on deployment type: on-premises and cloud. Over the forecast period, the on-premises segment will account for a larger share of the video analytics market. This approach is commonly used in applications that handle large amounts of sensitive or confidential data. Internal and external surveillance footage, as well as video feeds of company operations containing private information and vital insights, are included in these data volumes. Companies must install the necessary hardware components, such as the operating system, storage devices, servers, cameras, and routers, as well as video analytics software, for on-premises installation. Due to privacy and security concerns about personal data, some major corporations are utilizing on-premises video analytics.

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Global Video Analytics Market Key Players:

Some of the key companies are Agent VI, Allgovision, Aventura Systems, Genetec, Intellivision, Intuvision, Puretech Systems, Hikvision, Dahua, Iomniscient, NEC, Huawei, Gorilla Technology, Intelligent Security Systems, Verint, Viseum, Briefcam, Bosch Security, I2V, Digital Barrier, Senstar, Qognify, Identiv, Cisco. To stay ahead of the competition, industry participants have implemented a variety of strategic measures. Collaborations, new product development, investments in expanding capabilities, partnerships and agreements, and R&D investments are some examples. Cisco announced the acquisition of Kenna Security in June 2021 to address cybersecurity threat prediction, detection, prioritization, and remediation concerns. Avigilon will launch an artificial intelligence network video recorder in February 2021, combining classic Avigilon NVR features with the Avigilon AI appliance to provide organizations with a solution to meet analytics, storage, and cybersecurity needs. Because the solution is linked to Avigilon cloud services, software upgrades and application downloads are a breeze.

1.Preface

1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary

2.1.Market Snapshot: Global Video Analytics Market

3.Market Dynamics& Factors Analysis

3.1.Introduction
3.1.1. Global Video Analytics Market Value, 2015-2027, (US$ Mn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition,2020
3.3.1.Component
3.3.2.Deployment Model
3.3.3.Application
3.3.4.Vertical
3.4.Porter’s Five Forces Analysis
3.4.1.Threat of New Entrants
3.4.2.Bargaining Power of Buyers/Consumers
3.4.3.Bargaining Power of Suppliers
3.4.4.Threat of Substitute Applications
3.4.5.Intensity of Competitive Rivalry
3.5.Value Chain Analysis

4.Market Positioning of Key Players, 2020

4.1.Company market share of key players, 2020
4.2.Top 3 Players
4.3.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis

5.1.Global Video Analytics Market Pre Vs Post COVID 19, 2019 – 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America

6.1.North America Video Analytics Market, by Country, 2015-2027(US$ Mn)
6.1.1.U.S.
6.1.2.Canada
6.2.North America Video Analytics Market, by Component, 2015-2027(US$ Mn)
6.2.1.Overview
6.2.2.Software
6.2.3.Services
6.3.North America Video Analytics Market, by Deployment Model, 2015-2027(US$ Mn)
6.3.1.Overview
6.3.2.On-premises
6.3.3.Cloud based
6.4.North America Video Analytics Market, by Application, 2015-2027(US$ Mn)
6.4.1.Overview
6.4.2.Incident Detection
6.4.3.Intrusion Management
6.4.4.People/Crowd Counting
6.4.5.Traffic Monitoring
6.4.6.Automatic Number Plate Recognition
6.4.7.Facial Recognition
6.4.8.Others
6.5.North America Video Analytics Market, by Vertical, 2015-2027(US$ Mn)
6.5.1.Overview
6.5.2.BFSI
6.5.3.City Surveillance
6.5.4.Critical Infrastructure
6.5.5.Education
6.5.6.Hospitality and Entertainment
6.5.7.Manufacturing
6.5.8.Defense and Border Security
6.5.9.Retail
6.5.10.Traffic Management
6.5.11.Transportation and Logistics
6.5.12.Others

7.Europe

7.1.Europe Video Analytics Market, by Country, 2015-2027(US$ Mn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Rest of Europe
7.2.Europe Video Analytics Market, by Component, 2015-2027(US$ Mn)
7.2.1.Overview
7.2.2.Software
7.2.3.Services
7.3.Europe Video Analytics Market, by Deployment Model, 2015-2027(US$ Mn)
7.3.1.Overview
7.3.2.On-premises
7.3.3.Cloud based
7.4.Europe Video Analytics Market, by Application, 2015-2027(US$ Mn)
7.4.1.Overview
7.4.2.Incident Detection
7.4.3.Intrusion Management
7.4.4.People/Crowd Counting
7.4.5.Traffic Monitoring
7.4.6.Automatic Number Plate Recognition
7.4.7.Facial Recognition
7.4.8.Others
7.5.Europe Video Analytics Market, by Vertical, 2015-2027(US$ Mn)
7.5.1.Overview
7.5.2.BFSI
7.5.3.City Surveillance
7.5.4.Critical Infrastructure
7.5.5.Education
7.5.6.Hospitality and Entertainment
7.5.7.Manufacturing
7.5.8.Defense and Border Security
7.5.9.Retail
7.5.10.Traffic Management
7.5.11.Transportation and Logistics
7.5.12.Others

8.Asia Pacific

8.1.Asia Pacific Video Analytics Market, by Country, 2015-2027(US$ Mn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.Rest of Asia Pacific
8.2.Asia Pacific Video Analytics Market, by Component, 2015-2027(US$ Mn)
8.2.1.Overview
8.2.2.Software
8.2.3.Services
8.3.Asia Pacific Video Analytics Market, by Deployment Model, 2015-2027(US$ Mn)
8.3.1.Overview
8.3.2.On-premises
8.3.3.Cloud based
8.4.Asia Pacific Video Analytics Market, by Application, 2015-2027(US$ Mn)
8.4.1.Overview
8.4.2.Incident Detection
8.4.3.Intrusion Management
8.4.4.People/Crowd Counting
8.4.5.Traffic Monitoring
8.4.6.Automatic Number Plate Recognition
8.4.7.Facial Recognition
8.4.8.Others
8.5.Asia Pacific Video Analytics Market, by Vertical, 2015-2027(US$ Mn)
8.5.1.Overview
8.5.2.BFSI
8.5.3.City Surveillance
8.5.4.Critical Infrastructure
8.5.5.Education
8.5.6.Hospitality and Entertainment
8.5.7.Manufacturing
8.5.8.Defense and Border Security
8.5.9.Retail
8.5.10.Traffic Management
8.5.11.Transportation and Logistics
8.5.12.Others

9.Latin America

9.1.Latin America Video Analytics Market, by Country, 2015-2027(US$ Mn)
9.1.1.Brazil
9.1.2.Mexico
9.1.3.Argentina
9.1.4.Rest of Latin America
9.2.Latin America Video Analytics Market, by Component, 2015-2027(US$ Mn)
9.2.1.Overview
9.2.2.Software
9.2.3.Services
9.3.Latin America Video Analytics Market, by Deployment Model, 2015-2027(US$ Mn)
9.3.1.Overview
9.3.2.On-premises
9.3.3.Cloud based
9.4.Latin America Video Analytics Market, by Application, 2015-2027(US$ Mn)
9.4.1.Overview
9.4.2.Incident Detection
9.4.3.Intrusion Management
9.4.4.People/Crowd Counting
9.4.5.Traffic Monitoring
9.4.6.Automatic Number Plate Recognition
9.4.7.Facial Recognition
9.4.8.Others
9.5.Latin America Video Analytics Market, by Vertical, 2015-2027(US$ Mn)
9.5.1.Overview
9.5.2.BFSI
9.5.3.City Surveillance
9.5.4.Critical Infrastructure
9.5.5.Education
9.5.6.Hospitality and Entertainment
9.5.7.Manufacturing
9.5.8.Defense and Border Security
9.5.9.Retail
9.5.10.Traffic Management
9.5.11.Transportation and Logistics
9.5.12.Others

10.Middle East

10.1.Middle East Video Analytics Market, by Country, 2015-2027(US$ Mn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Rest of Middle East
10.2.Middle East Video Analytics Market, by Component, 2015-2027(US$ Mn)
10.2.1.Overview
10.2.2.Software
10.2.3.Services
10.3.Middle East Video Analytics Market, by Deployment Model, 2015-2027(US$ Mn)
10.3.1.Overview
10.3.2.On-premises
10.3.3.Cloud based
10.4.Middle East Video Analytics Market, by Application, 2015-2027(US$ Mn)
10.4.1.Overview
10.4.2.Incident Detection
10.4.3.Intrusion Management
10.4.4.People/Crowd Counting
10.4.5.Traffic Monitoring
10.4.6.Automatic Number Plate Recognition
10.4.7.Facial Recognition
10.4.8.Others
10.5.Middle East Video Analytics Market, by Vertical, 2015-2027(US$ Mn)
10.5.1.Overview
10.5.2.BFSI
10.5.3.City Surveillance
10.5.4.Critical Infrastructure
10.5.5.Education
10.5.6.Hospitality and Entertainment
10.5.7.Manufacturing
10.5.8.Defense and Border Security
10.5.9.Retail
10.5.10.Traffic Management
10.5.11.Transportation and Logistics
10.5.12.Others

11.Africa

11.1.Africa Video Analytics Market, by Country, 2015-2027(US$ Mn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Latin America Video Analytics Market, by Component, 2015-2027(US$ Mn)
11.2.1.Overview
11.2.2.Software
11.2.3.Services
11.3.Latin America Video Analytics Market, by Deployment Model, 2015-2027(US$ Mn)
11.3.1.Overview
11.3.2.On-premises
11.3.3.Cloud based
11.4.Latin America Video Analytics Market, by Application, 2015-2027(US$ Mn)
11.4.1.Overview
11.4.2.Incident Detection
11.4.3.Intrusion Management
11.4.4.People/Crowd Counting
11.4.5.Traffic Monitoring
11.4.6.Automatic Number Plate Recognition
11.4.7.Facial Recognition
11.4.8.Others
11.5.Latin America Video Analytics Market, by Vertical, 2015-2027(US$ Mn)
11.5.1.Overview
11.5.2.BFSI
11.5.3.City Surveillance
11.5.4.Critical Infrastructure
11.5.5.Education
11.5.6.Hospitality and Entertainment
11.5.7.Manufacturing
11.5.8.Defense and Border Security
11.5.9.Retail
11.5.10.Traffic Management
11.5.11.Transportation and Logistics
11.5.12.Others

12.Global

12.1.Global Video Analytics Market, by Component, 2015-2027(US$ Mn)
12.1.1.Overview
12.1.2.Software
12.1.3.Services
12.2.Global Video Analytics Market, by Deployment Model, 2015-2027(US$ Mn)
12.2.1.Overview
12.2.2.On-premises
12.2.3.Cloud based
12.3.Global Video Analytics Market, by Application, 2015-2027(US$ Mn)
12.3.1.Overview
12.3.2.Incident Detection
12.3.3.Intrusion Management
12.3.4.People/Crowd Counting
12.3.5.Traffic Monitoring
12.3.6.Automatic Number Plate Recognition
12.3.7.Facial Recognition
12.3.8.Others
12.4.Global Video Analytics Market, by Vertical, 2015-2027(US$ Mn)
12.4.1.Overview
12.4.2.BFSI
12.4.3.City Surveillance
12.4.4.Critical Infrastructure
12.4.5.Education
12.4.6.Hospitality and Entertainment
12.4.7.Manufacturing
12.4.8.Defense and Border Security
12.4.9.Retail
12.4.10.Traffic Management
12.4.11.Transportation and Logistics
12.4.12.Others

13.Company Profiles

13.1.Autotalks LTD.
13.2.Agent VI
13.3.Allgovision
13.4.Aventura Systems
13.5.Avigilon
13.6.Axis Communications
13.7.Bosch Security
13.8.Briefcam
13.9.Cisco
13.10.Dahua
13.11.Delopt
13.12.Digital Barriers
13.13.Genetec
13.14.Gorilla Technology
13.15.Hikvision
13.16.Honeywell
13.17.Huawei
13.18.I2v
13.19.Identiv
13.20.Intelligent Security Systems
13.21.Intellivision
13.22.Intuvision
13.23.Iomniscient
13.24.Ipsotek
13.25.NEC
13.26.Puretech Systems
13.27.Qognify
13.28.Senstar
13.29.Verint
Viseum

List of Figures

FIG. 1 Global Video Analytics Market: Research Methodology

FIG. 2 Market Size Estimation – Top Down & Bottom up Approach

FIG. 3 Global Video Analytics Market Segmentation

FIG. 4 Global Video Analytics Market, by Component, 2019(US$ Mn)

FIG. 5 Global Video Analytics Market, by Deployment Model, 2019(US$ Mn)

FIG. 6 Global Video Analytics Market, by Application, 2019(US$ Mn)

FIG. 7 Global Video Analytics Market, by Vertical, 2019(US$ Mn)

FIG. 8 Global Video Analytics Market, by Geography, 2019(US$ Mn)

FIG. 9 Attractive Investment Proposition, by Geography, 2019

FIG. 10 Global Market Positioning of Key Video Analytics Market Companies, 2019

FIG. 11 Global Video Analytics Market Value Contribution, By Application, 2020 & 2027 (Value %)

FIG. 12 Global Video Analytics Market Value Contribution, By Component, 2020 & 2027 (Value %)

FIG. 13 Global Video Analytics Market Value Contribution, By Deployment Model, 2020 & 2027 (Value %)

FIG. 14 Global Video Analytics Market Value Contribution, By Vertical, 2020 & 2027 (Value %)

FIG. 15 North AmericaVideo Analytics Market, 2015-2027(US$ Mn)

FIG. 16 EuropeVideo Analytics Market, 2015-2027(US$ Mn)

FIG. 17 Asia PacificVideo Analytics Market, 2015-2027(US$ Mn)

FIG. 18 Middle EastVideo Analytics Market, 2015-2027 (US$ Mn)

FIG. 19 AfricaVideo Analytics Market, 2015-2027 (US$ Mn)

FIG. 20 U.S. Video Analytics Market, 2015-2027(US$ Mn)

FIG. 21 CanadaVideo Analytics Market, 2015-2027(US$ Mn)

FIG. 22 U.K. Video Analytics Market, 2015-2027(US$ Mn)

FIG. 23 Germany Video Analytics Market, 2015-2027(US$ Mn)

FIG. 24 FranceVideo Analytics Market, 2015-2027(US$ Mn)

FIG. 25 Italy Video Analytics Market, 2015-2027(US$ Mn)

FIG. 26 Russia Video Analytics Market, 2015-2027(US$ Mn)

FIG. 27 Spain Video Analytics Market, 2015-2027(US$ Mn)

FIG. 28 Rest of Europe Video Analytics Market, 2015-2027(US$ Mn)

FIG. 29 China Video Analytics Market, 2015-2027(US$ Mn)

FIG. 30 Japan Video Analytics Market, 2015-2027(US$ Mn)

FIG. 31 South Korea Video Analytics Market, 2015-2027(US$ Mn)

FIG. 32 India Video Analytics Market, 2015-2027(US$ Mn)

FIG. 33 Australia Video Analytics Market, 2015-2027(US$ Mn)

FIG. 34 Rest of Asia Pacific Video Analytics Market, 2015-2027(US$ Mn)

FIG. 35 Brazil Video Analytics Market, 2015-2027(US$ Mn)

FIG. 36 Mexico Video Analytics Market, 2015-2027(US$ Mn)

FIG. 37 Argentina Video Analytics Market, 2015-2027(US$ Mn)

FIG. 38 Rest of Latin America Video Analytics Market, 2015-2027(US$ Mn)

FIG. 39 UAE Video Analytics Market, 2015-2027(US$ Mn)

FIG. 40 KSAVideo Analytics Market, 2015-2027(US$ Mn)

FIG. 41 Israel Video Analytics Market, 2015-2027(US$ Mn)

FIG. 42 Rest of Middle East Video Analytics Market, 2015-2027(US$ Mn)

FIG. 43 South Africa Video Analytics Market, 2015-2027(US$ Mn)

FIG. 44 Egypt Video Analytics Market, 2015-2027(US$ Mn)

FIG. 45 Nigeria Video Analytics Market, 2015-2027(US$ Mn)

FIG. 46 Rest of Africa Video Analytics Market, 2015-2027(US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Video Analytics Market

TABLE 2 Global Video Analytics Market, by Component, 2015-2027 (US$ Mn)

TABLE 3 Global Video Analytics Market, by Deployment Model, 2015-2027 (US$ Mn)

TABLE 4 Global Video Analytics Market, by Application, 2015-2027 (US$ Mn)

TABLE 5 Global Video Analytics Market, by Vertical, 2015-2027 (US$ Mn)

TABLE 6 Global Video Analytics Market, by Geography, 2015-2027 (US$ Mn)

TABLE 7 North America Video Analytics Market, by Component, 2015-2027 (US$ Mn)

TABLE 8 North America Video Analytics Market, by Deployment Model, 2015-2027 (US$ Mn)

TABLE 9 North America Video Analytics Market, by Application, 2015-2027 (US$ Mn)

TABLE 10 North America Video Analytics Market, by Vertical, 2015-2027 (US$ Mn)

TABLE 11 North America Video Analytics Market, by Country, 2015-2027 (US$ Mn)

TABLE 12 Europe Video Analytics Market, by Component, 2015-2027 (US$ Mn)

TABLE 13 Europe Video Analytics Market, by Deployment Model, 2015-2027 (US$ Mn)

TABLE 14 Europe Video Analytics Market, by Application, 2015-2027 (US$ Mn)

TABLE 15 Europe Video Analytics Market, by Vertical, 2015-2027 (US$ Mn)

TABLE 16 Europe Video Analytics Market, by Country/Region, 2015-2027 (US$ Mn)

TABLE 17 Asia Pacific Video Analytics Market, by Component, 2015-2027 (US$ Mn)

TABLE 18 Europe Video Analytics Market, by Deployment Model, 2015-2027 (US$ Mn)

TABLE 19 Europe Video Analytics Market, by Application, 2015-2027 (US$ Mn)

TABLE 20 Asia Pacific Video Analytics Market, by Vertical, 2015-2027 (US$ Mn)

TABLE 21 Asia Pacific Video Analytics Market, by Country/Region, 2015-2027 (US$ Mn)

TABLE 22 Latin America Video Analytics Market, by Component, 2015-2027 (US$ Mn)

TABLE 23 Latin America Video Analytics Market, by Deployment Model, 2015-2027 (US$ Mn)

TABLE 24 Latin America Video Analytics Market, by Application, 2015-2027 (US$ Mn)

TABLE 25 Latin America Video Analytics Market, by Vertical, 2015-2027 (US$ Mn)

TABLE 26 Latin America Video Analytics Market, by Country/Region, 2015-2027 (US$ Mn)

TABLE 27 Middle East Video Analytics Market, by Component, 2015-2027 (US$ Mn)

TABLE 28 Middle East Video Analytics Market, by Deployment Model, 2015-2027 (US$ Mn)

TABLE 29 Middle East Video Analytics Market, by Application, 2015-2027 (US$ Mn)

TABLE 30 Middle East Video Analytics Market, by Vertical, 2015-2027 (US$ Mn)

TABLE 31 Middle East Video Analytics Market, by Country/Region, 2015-2027 (US$ Mn)

TABLE 32 Africa Video Analytics Market, by Component, 2015-2027 (US$ Mn)

TABLE 33 Africa Video Analytics Market, by Deployment Model, 2015-2027 (US$ Mn)

TABLE 34 Africa Video Analytics Market, by Application, 2015-2027 (US$ Mn)

TABLE 35 Africa Video Analytics Market, by Vertical, 2015-2027 (US$ Mn)

TABLE 36 Africa Video Analytics Market, by Country/Region, 2015-2027 (US$ Mn)

Frequently Asked Questions:

What is the current size of the global video analytics market?

The video analytics market is expected to grow from US$ 4.3 billion in 2020 to US$ 17.6 billion by 2027, with a CAGR of 22.2% from 2020 to 2027.

What are the major opportunities in the Video Analytics industry?

Drone-based video analytics, the introduction of edge technologies and devices to magnify the use of video analytics, and predictive data using video analytics are some of the market’s primary opportunities.

What is the major growth driving factor for the Video Analytics industry?

Increased government investment and emphasis on public safety are some of the market’s driving forces, as is the need to access and analyze unstructured video surveillance data in real-time, and a significant decrease in crime rate due to surveillance cameras.

Which region is expected to have the largest share of the Video Analytics market?

North America is the most developed market for video analytics, with a large number of major organizations providing advanced video analytics solutions.

Which deployment model will dominate the Video Analytics market?

During the forecast period, the on-premises segment will account for a larger share of the video analytics market.

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