The Video Analytics Market size, share, analysis, future analysis is set to register a CAGR of around 23.3% during the forecast period, i.e., 2023-28. This latest research study published by MarkNtel Advisors encompasses an in-depth analysis of various factors related to market growth. It covers a detailed examination of drivers, trends, & opportunities that can influence the market growth trajectory in the coming years, and also includes historic industry data.
To attain precise & accurate insights into the different industry dynamics, both primary & secondary research methodologies have been applied. The key restraints that may pose risks to the market expansion during 2023-28 have also been cited in the report. In addition, the study also offers useful information on the untapped opportunities as well as some recommendations to help stakeholders prepare for unforeseen situations that may arise in the future.
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Why you should choose our Video Analytics Market Research Report?
-Detailed information on the Video Analytics Market dynamics and growth opportunities during 2023-28
-Quantitative, qualitative, and value & volume data on different segments & sub-segments in the Video Analytics Market
-Regional/country-level analysis, including the demand & supply forces influencing the Video Analytics Market
-Competitive landscape comprising the share of major participants in the Video Analytics Market, along with their recent developments and key strategies adopted in the past few years
How are the Major Participants in the Video Analytics Industry performing?
This section of the report aims to provide stakeholders with comprehensive information on the leading companies in the Video Analytics Industry, along with collaborations, mergers & acquisitions, trending innovations, & business policies. The key players operating in the Video Analytics Industry, including
-Avigilon
-Cisco
-Axis Communications
-Agent VI
-AllGoVision
-Aventura Systems
-Genetec
-i2V
-IntelliVision
-intuVision
-PureTech Systems
-Qognify
-Honeywell
-IBM
-iOmniscient
-BriefCam
-Digital Barriers
-IPSOTEK
-Gorilla Technology
-Bosch Security
employ diverse strategies to fortify their positions in order to expand their operations across different regions, enhance their capabilities, and establish robust partnerships.
Recent Developments in the Market:
-On 5 January 2023, Bosch added Flexidome 5100i fixed cameras integrated with Deep Learning video analytics and designed for building security using IVA Pro (Intelligent Video Analytics Pro) Buildings Pack. They support reliable intrusion detection and accurate people counting in crowded areas, especially in & around buildings.
-In September 2022, Honeywell launched the latest iteration of its Pro-Watch Integrated Security Suite, Pro-Watch 6.0 & Pro-Watch Video Management System (VMS) R750, along with the 35 Series cameras that provide a greater emphasis on cybersecurity & compliance. These higher-resolution IR cameras can cover larger areas, both day & night, with smart human & vehicle motion detection to reduce false alarms.
How is the Video Analytics Market bifurcated into Different Segments/Sub-Segments and Regions/Countries?
The report provides a comprehensive analysis of each high-performing segment, elucidating the factors contributing to their success and larger market share.
Based on, By Component
-Service
-Software
Based on, By Deployment
-On-Premises
-Cloud
Based on, By Application
-Incident Detection
-Intrusion Management
-People/Crowd Counting
-Traffic Monitoring
-ANPR
-Facial Recognition
-Others (AR and Ego-Motion Estimation)
Based on, By Type
-Edged-Based
-Server-Based
Based on, By Vertical
-Banking, Financial Services, and Insurance (BFSI)
-City Surveillance
-Critical Infrastructure
-Education
-Hospitality and Entertainment
-Manufacturing
-Defense and Border Security
-Retail
-Traffic Management
-Transportation and Logistics
-Others (Healthcare and Life Sciences, and Construction)
Based on, By Region
-North America
-South America
-Europe
-Asia Pacific
-Middle East and Africa
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This approach allows for the identification of rapidly growing segments within the Video Analytics Market and their impact on the industry in terms of sales, expansion, & opportunities, among other crucial factors. Furthermore, the report focuses on key regions/countries where the market is partially or predominantly active, with a specific emphasis on geographically dominant areas.
Key Questions Addressed in the Video Analytics Market Research Report
-What is the expected CAGR (Compound Annual Growth Rate) of the Video Analytics Market during the forecast period, i.e., 2023-28?
-What are the most prominent growth factors & restraints for the Video Analytics Market?
-What are the expected growth opportunities for each segment/sub-segment enlisted in the Video Analytics Market research report?
-What are the primary tactics & strategies adopted by the major players operating in the Video Analytics Market?
-In which region/country the Video Analytics Market is projected to garner significant prospects for the leading industry participants during 2023-28?
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About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals. Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
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