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PUBLISHER: KBV Research | PRODUCT CODE: 1353578

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PUBLISHER: KBV Research | PRODUCT CODE: 1353578

LAMEA Video Analytics in Banking Market Size, Share & Industry Trends Analysis Report By Component (Software, and Services), By Application, By Deployment Mode (On-premise, and Cloud), By Country and Growth Forecast, 2023 - 2030

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The Latin America, Middle East and Africa Video Analytics in Banking Market would witness market growth of 30.1% CAGR during the forecast period (2023-2030).

In order to optimize staffing numbers, decrease wait times, and enhance overall customer experience, bank branches can utilize video analytics to monitor client behavior. Banks can spot service bottlenecks and put processes into place by looking at consumer interactions. Video analytics can monitor and improve various operational issues, including cash management, building management, and ATM maintenance. Cost savings, as well as better resource management, may result from this.

Regulations and compliance standards are extremely strict for banks. By monitoring activities and spotting potential violations, video analytics can help ensure that the bank's operations comply with these laws. With video analytics, banks can remotely monitor a number of branches and locations, providing centralized security management and minimizing the need for on-site presence at each location.

With a GDP of over US$ 3 trillion and accounting for half of Latin America's economy, Brazil is the eighth largest economy in the world. With 400 businesses, it also has the largest Fintech sector in the region and ranks fifth globally. According to the International Trade Administration (ITA), investment in Brazilian Fintech startups started at around US$52 million in 2015 and increased to US$ 1.6 billion in 2019.

Growth in the banking sector is also visible in Ethiopia. According to the ITA, thirty banks, with 8,250 branches, currently operate nationwide, serving almost 115 million residents. Deposits totaling over $30 billion and loans totaling over $25 billion are reported in the National Bank of Ethiopia's (NBE) quarterly bulletin, released in October 2022. The banking system's entire capital is thought to be $3.2 billion. Hence, the regional market is expected to experience growth in coming years due to the growth of the regional banking industry and the rise in corporate expenditure in putting cutting-edge technology into use.

The Brazil market dominated the LAMEA Video Analytics in Banking Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $152.3 Million by 2030. The Argentina market is showcasing a CAGR of 30.8% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 29.8% during (2023 - 2030).

Based on Component, the market is segmented into Software, and Services. Based on Application, the market is segmented into Security & Fraud Detection, ATM Monitoring, Customer Behavior Analysis, Queue Management, and Others. Based on Deployment Mode, the market is segmented into On-premise, and Cloud. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Senstar Technologies Ltd., Zhejiang Dahua Technology Co., Ltd, Axis Communications AB (Canon, Inc.), AllGoVision Technologies Pvt. Ltd, IBM Corporation, Wipro Limited, Bosch Security Systems GmbH (Robert Bosch GmbH), Grekkom Technologies, Avigilon Corporation (Motorola Solutions), and Eagle Eye Networks, Inc.

Scope of the Study

Market Segments covered in the Report:

By Component

  • Software
  • Services

By Application

  • Security & Fraud Detection
  • ATM Monitoring
  • Customer Behavior Analysis
  • Queue Management
  • Others

By Deployment Mode

  • On-premise
  • Cloud

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

  • Senstar Technologies Ltd.
  • Zhejiang Dahua Technology Co., Ltd
  • Axis Communications AB (Canon, Inc.)
  • AllGoVision Technologies Pvt. Ltd
  • IBM Corporation
  • Wipro Limited
  • Bosch Security Systems GmbH (Robert Bosch GmbH)
  • Grekkom Technologies
  • Avigilon Corporation (Motorola Solutions)
  • Eagle Eye Networks, Inc.

Unique Offerings from KBV Research

  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology

  • 1.1 Market Definition
  • 1.2 Objectives
  • 1.3 Market Scope
  • 1.4 Segmentation
    • 1.4.1 LAMEA Video Analytics in Banking Market, by Component
    • 1.4.2 LAMEA Video Analytics in Banking Market, by Application
    • 1.4.3 LAMEA Video Analytics in Banking Market, by Deployment Mode
    • 1.4.4 LAMEA Video Analytics in Banking Market, by Country
  • 1.5 Methodology for the research

Chapter 2. Market at a Glance

  • 2.1 Key Highlights

Chapter 3. Market Overview

  • 3.1 Introduction
    • 3.1.1 Overview
      • 3.1.1.1 Market Composition and Scenario
  • 3.2 Key Factors Impacting the Market
    • 3.2.1 Market Drivers
    • 3.2.2 Market Restraints

Chapter 4. Competition Analysis - Global

  • 4.1 Market Share Analysis, 2022
  • 4.2 Porter's Five Forces Analysis

Chapter 5. LAMEA Video Analytics in Banking Market by Component

  • 5.1 LAMEA Software Market by Country
  • 5.2 LAMEA Services Market by Country

Chapter 6. LAMEA Video Analytics in Banking Market by Application

  • 6.1 LAMEA Security & Fraud Detection Market by Country
  • 6.2 LAMEA ATM Monitoring Market by Country
  • 6.3 LAMEA Customer Behavior Analysis Market by Country
  • 6.4 LAMEA Queue Management Market by Country
  • 6.5 LAMEA Others Market by Country

Chapter 7. LAMEA Video Analytics in Banking Market by Deployment Mode

  • 7.1 LAMEA On-premise Market by Country
  • 7.2 LAMEA Cloud Market by Country

Chapter 8. LAMEA Video Analytics in Banking Market by Country

  • 8.1 Brazil Video Analytics in Banking Market
    • 8.1.1 Brazil Video Analytics in Banking Market by Component
    • 8.1.2 Brazil Video Analytics in Banking Market by Application
    • 8.1.3 Brazil Video Analytics in Banking Market by Deployment Mode
  • 8.2 Argentina Video Analytics in Banking Market
    • 8.2.1 Argentina Video Analytics in Banking Market by Component
    • 8.2.2 Argentina Video Analytics in Banking Market by Application
    • 8.2.3 Argentina Video Analytics in Banking Market by Deployment Mode
  • 8.3 UAE Video Analytics in Banking Market
    • 8.3.1 UAE Video Analytics in Banking Market by Component
    • 8.3.2 UAE Video Analytics in Banking Market by Application
    • 8.3.3 UAE Video Analytics in Banking Market by Deployment Mode
  • 8.4 Saudi Arabia Video Analytics in Banking Market
    • 8.4.1 Saudi Arabia Video Analytics in Banking Market by Component
    • 8.4.2 Saudi Arabia Video Analytics in Banking Market by Application
    • 8.4.3 Saudi Arabia Video Analytics in Banking Market by Deployment Mode
  • 8.5 South Africa Video Analytics in Banking Market
    • 8.5.1 South Africa Video Analytics in Banking Market by Component
    • 8.5.2 South Africa Video Analytics in Banking Market by Application
    • 8.5.3 South Africa Video Analytics in Banking Market by Deployment Mode
  • 8.6 Nigeria Video Analytics in Banking Market
    • 8.6.1 Nigeria Video Analytics in Banking Market by Component
    • 8.6.2 Nigeria Video Analytics in Banking Market by Application
    • 8.6.3 Nigeria Video Analytics in Banking Market by Deployment Mode
  • 8.7 Rest of LAMEA Video Analytics in Banking Market
    • 8.7.1 Rest of LAMEA Video Analytics in Banking Market by Component
    • 8.7.2 Rest of LAMEA Video Analytics in Banking Market by Application
    • 8.7.3 Rest of LAMEA Video Analytics in Banking Market by Deployment Mode

Chapter 9. Company Profiles

  • 9.1 Senstar Technologies Ltd.
    • 9.1.1 Company Overview
    • 9.1.2 Financial Analysis
    • 9.1.3 Regional Analysis
    • 9.1.4 Research & Development Expenses
    • 9.1.5 SWOT Analysis
  • 9.2 Zhejiang Dahua Technology Co., Ltd.
    • 9.2.1 Company Overview
    • 9.2.2 Financial Analysis
    • 9.2.3 Regional Analysis
    • 9.2.4 Product Development Expenses
    • 9.2.5 SWOT Analysis
  • 9.3 Axis Communications AB (Canon, Inc.)
    • 9.3.1 Company Overview
    • 9.3.2 Financial Analysis
    • 9.3.3 Segmental and Regional Analysis
    • 9.3.4 Research & Development Expenses
    • 9.3.5 SWOT Analysis
  • 9.4 AllGoVision Technologies Pvt. Ltd
    • 9.4.1 Company Overview
    • 9.4.2 Recent strategies and developments:
      • 9.4.2.1 Product Launches and Product Expansions:
    • 9.4.3 SWOT Analysis
  • 9.5 IBM Corporation
    • 9.5.1 Company Overview
    • 9.5.2 Financial Analysis
    • 9.5.3 Segmental and Regional Analysis
    • 9.5.4 Research & Development Expenses
    • 9.5.5 SWOT Analysis
  • 9.6 Wipro Limited
    • 9.6.1 Company Overview
    • 9.6.2 Financial Analysis
    • 9.6.3 Segmental and Regional Analysis
    • 9.6.4 Research & Development Expenses
    • 9.6.5 SWOT Analysis
  • 9.7 Bosch Security Systems GmbH (Robert Bosch GmbH)
    • 9.7.1 Company Overview
    • 9.7.2 Financial Analysis
    • 9.7.3 Segmental and Regional Analysis
    • 9.7.4 Research & Development Expense
    • 9.7.5 Recent strategies and developments:
      • 9.7.5.1 Product Launches and Product Expansions:
    • 9.7.6 SWOT Analysis
  • 9.8 Grekkom Technologies
    • 9.8.1 Company Overview
    • 9.8.2 SWOT Analysis
  • 9.9 Avigilon Corporation (Motorola Solutions, Inc.)
    • 9.9.1 Company Overview
    • 9.9.2 Financial Analysis
    • 9.9.3 Regional & Segmental Analysis
    • 9.9.4 Research & Development Expenses
    • 9.9.5 Recent strategies and developments:
      • 9.9.5.1 Product Launches and Product Expansions:
    • 9.9.6 SWOT Analysis
  • 9.10. Eagle Eye Networks, Inc.
    • 9.10.1 Company Overview
    • 9.10.2 Recent strategies and developments:
      • 9.10.2.1 Acquisition and Mergers:
    • 9.10.3 SWOT Analysis

LIST OF TABLES

  • TABLE 1 LAMEA Video Analytics in Banking Market, 2019 - 2022, USD Million
  • TABLE 2 LAMEA Video Analytics in Banking Market, 2023 - 2030, USD Million
  • TABLE 3 LAMEA Video Analytics in Banking Market by Component, 2019 - 2022, USD Million
  • TABLE 4 LAMEA Video Analytics in Banking Market by Component, 2023 - 2030, USD Million
  • TABLE 5 LAMEA Software Market by Country, 2019 - 2022, USD Million
  • TABLE 6 LAMEA Software Market by Country, 2023 - 2030, USD Million
  • TABLE 7 LAMEA Services Market by Country, 2019 - 2022, USD Million
  • TABLE 8 LAMEA Services Market by Country, 2023 - 2030, USD Million
  • TABLE 9 LAMEA Video Analytics in Banking Market by Application, 2019 - 2022, USD Million
  • TABLE 10 LAMEA Video Analytics in Banking Market by Application, 2023 - 2030, USD Million
  • TABLE 11 LAMEA Security & Fraud Detection Market by Country, 2019 - 2022, USD Million
  • TABLE 12 LAMEA Security & Fraud Detection Market by Country, 2023 - 2030, USD Million
  • TABLE 13 LAMEA ATM Monitoring Market by Country, 2019 - 2022, USD Million
  • TABLE 14 LAMEA ATM Monitoring Market by Country, 2023 - 2030, USD Million
  • TABLE 15 LAMEA Customer Behavior Analysis Market by Country, 2019 - 2022, USD Million
  • TABLE 16 LAMEA Customer Behavior Analysis Market by Country, 2023 - 2030, USD Million
  • TABLE 17 LAMEA Queue Management Market by Country, 2019 - 2022, USD Million
  • TABLE 18 LAMEA Queue Management Market by Country, 2023 - 2030, USD Million
  • TABLE 19 LAMEA Others Market by Country, 2019 - 2022, USD Million
  • TABLE 20 LAMEA Others Market by Country, 2023 - 2030, USD Million
  • TABLE 21 LAMEA Video Analytics in Banking Market by Deployment Mode, 2019 - 2022, USD Million
  • TABLE 22 LAMEA Video Analytics in Banking Market by Deployment Mode, 2023 - 2030, USD Million
  • TABLE 23 LAMEA On-premise Market by Country, 2019 - 2022, USD Million
  • TABLE 24 LAMEA On-premise Market by Country, 2023 - 2030, USD Million
  • TABLE 25 LAMEA Cloud Market by Country, 2019 - 2022, USD Million
  • TABLE 26 LAMEA Cloud Market by Country, 2023 - 2030, USD Million
  • TABLE 27 LAMEA Video Analytics in Banking Market by Country, 2019 - 2022, USD Million
  • TABLE 28 LAMEA Video Analytics in Banking Market by Country, 2023 - 2030, USD Million
  • TABLE 29 Brazil Video Analytics in Banking Market, 2019 - 2022, USD Million
  • TABLE 30 Brazil Video Analytics in Banking Market, 2023 - 2030, USD Million
  • TABLE 31 Brazil Video Analytics in Banking Market by Component, 2019 - 2022, USD Million
  • TABLE 32 Brazil Video Analytics in Banking Market by Component, 2023 - 2030, USD Million
  • TABLE 33 Brazil Video Analytics in Banking Market by Application, 2019 - 2022, USD Million
  • TABLE 34 Brazil Video Analytics in Banking Market by Application, 2023 - 2030, USD Million
  • TABLE 35 Brazil Video Analytics in Banking Market by Deployment Mode, 2019 - 2022, USD Million
  • TABLE 36 Brazil Video Analytics in Banking Market by Deployment Mode, 2023 - 2030, USD Million
  • TABLE 37 Argentina Video Analytics in Banking Market, 2019 - 2022, USD Million
  • TABLE 38 Argentina Video Analytics in Banking Market, 2023 - 2030, USD Million
  • TABLE 39 Argentina Video Analytics in Banking Market by Component, 2019 - 2022, USD Million
  • TABLE 40 Argentina Video Analytics in Banking Market by Component, 2023 - 2030, USD Million
  • TABLE 41 Argentina Video Analytics in Banking Market by Application, 2019 - 2022, USD Million
  • TABLE 42 Argentina Video Analytics in Banking Market by Application, 2023 - 2030, USD Million
  • TABLE 43 Argentina Video Analytics in Banking Market by Deployment Mode, 2019 - 2022, USD Million
  • TABLE 44 Argentina Video Analytics in Banking Market by Deployment Mode, 2023 - 2030, USD Million
  • TABLE 45 UAE Video Analytics in Banking Market, 2019 - 2022, USD Million
  • TABLE 46 UAE Video Analytics in Banking Market, 2023 - 2030, USD Million
  • TABLE 47 UAE Video Analytics in Banking Market by Component, 2019 - 2022, USD Million
  • TABLE 48 UAE Video Analytics in Banking Market by Component, 2023 - 2030, USD Million
  • TABLE 49 UAE Video Analytics in Banking Market by Application, 2019 - 2022, USD Million
  • TABLE 50 UAE Video Analytics in Banking Market by Application, 2023 - 2030, USD Million
  • TABLE 51 UAE Video Analytics in Banking Market by Deployment Mode, 2019 - 2022, USD Million
  • TABLE 52 UAE Video Analytics in Banking Market by Deployment Mode, 2023 - 2030, USD Million
  • TABLE 53 Saudi Arabia Video Analytics in Banking Market, 2019 - 2022, USD Million
  • TABLE 54 Saudi Arabia Video Analytics in Banking Market, 2023 - 2030, USD Million
  • TABLE 55 Saudi Arabia Video Analytics in Banking Market by Component, 2019 - 2022, USD Million
  • TABLE 56 Saudi Arabia Video Analytics in Banking Market by Component, 2023 - 2030, USD Million
  • TABLE 57 Saudi Arabia Video Analytics in Banking Market by Application, 2019 - 2022, USD Million
  • TABLE 58 Saudi Arabia Video Analytics in Banking Market by Application, 2023 - 2030, USD Million
  • TABLE 59 Saudi Arabia Video Analytics in Banking Market by Deployment Mode, 2019 - 2022, USD Million
  • TABLE 60 Saudi Arabia Video Analytics in Banking Market by Deployment Mode, 2023 - 2030, USD Million
  • TABLE 61 South Africa Video Analytics in Banking Market, 2019 - 2022, USD Million
  • TABLE 62 South Africa Video Analytics in Banking Market, 2023 - 2030, USD Million
  • TABLE 63 South Africa Video Analytics in Banking Market by Component, 2019 - 2022, USD Million
  • TABLE 64 South Africa Video Analytics in Banking Market by Component, 2023 - 2030, USD Million
  • TABLE 65 South Africa Video Analytics in Banking Market by Application, 2019 - 2022, USD Million
  • TABLE 66 South Africa Video Analytics in Banking Market by Application, 2023 - 2030, USD Million
  • TABLE 67 South Africa Video Analytics in Banking Market by Deployment Mode, 2019 - 2022, USD Million
  • TABLE 68 South Africa Video Analytics in Banking Market by Deployment Mode, 2023 - 2030, USD Million
  • TABLE 69 Nigeria Video Analytics in Banking Market, 2019 - 2022, USD Million
  • TABLE 70 Nigeria Video Analytics in Banking Market, 2023 - 2030, USD Million
  • TABLE 71 Nigeria Video Analytics in Banking Market by Component, 2019 - 2022, USD Million
  • TABLE 72 Nigeria Video Analytics in Banking Market by Component, 2023 - 2030, USD Million
  • TABLE 73 Nigeria Video Analytics in Banking Market by Application, 2019 - 2022, USD Million
  • TABLE 74 Nigeria Video Analytics in Banking Market by Application, 2023 - 2030, USD Million
  • TABLE 75 Nigeria Video Analytics in Banking Market by Deployment Mode, 2019 - 2022, USD Million
  • TABLE 76 Nigeria Video Analytics in Banking Market by Deployment Mode, 2023 - 2030, USD Million
  • TABLE 77 Rest of LAMEA Video Analytics in Banking Market, 2019 - 2022, USD Million
  • TABLE 78 Rest of LAMEA Video Analytics in Banking Market, 2023 - 2030, USD Million
  • TABLE 79 Rest of LAMEA Video Analytics in Banking Market by Component, 2019 - 2022, USD Million
  • TABLE 80 Rest of LAMEA Video Analytics in Banking Market by Component, 2023 - 2030, USD Million
  • TABLE 81 Rest of LAMEA Video Analytics in Banking Market by Application, 2019 - 2022, USD Million
  • TABLE 82 Rest of LAMEA Video Analytics in Banking Market by Application, 2023 - 2030, USD Million
  • TABLE 83 Rest of LAMEA Video Analytics in Banking Market by Deployment Mode, 2019 - 2022, USD Million
  • TABLE 84 Rest of LAMEA Video Analytics in Banking Market by Deployment Mode, 2023 - 2030, USD Million
  • TABLE 85 Key Information - Senstar Technologies Ltd.
  • TABLE 86 Key Information - Zhejiang Dahua Technology Co., Ltd.
  • TABLE 87 Key Information - Axis Communications AB
  • TABLE 88 Key Information - AllGoVision Technologies Pvt. Ltd
  • TABLE 89 Key Information - IBM Corporation
  • TABLE 90 Key Information - Wipro Limited
  • TABLE 91 Key Information - Bosch Security Systems GmbH
  • TABLE 92 Key Information - Grekkom Technologies
  • TABLE 93 Key Information - Avigilon Corporation
  • TABLE 94 Key Information - Eagle Eye Networks, Inc.

List of Figures

  • FIG 1 Methodology for the research
  • FIG 2 LAMEA Video Analytics in Banking Market, 2019 - 2030, USD Million
  • FIG 3 Key Impacting Factors video analytics in banking market
  • FIG 4 Market Share Analysis, 2022
  • FIG 5 Porter's Five Forces Analysis - Video Analytics in Banking Market
  • FIG 6 LAMEA Video Analytics in Banking Market share by Component, 2022
  • FIG 7 LAMEA Video Analytics in Banking Market share by Component, 2030
  • FIG 8 LAMEA Video Analytics in Banking Market by Component, 2019 - 2030, USD Million
  • FIG 9 LAMEA Video Analytics in Banking Market share by Application, 2022
  • FIG 10 LAMEA Video Analytics in Banking Market share by Application, 2030
  • FIG 11 AMEA Video Analytics in Banking Market by Application, 2019 - 2030, USD Million
  • FIG 12 LAMEA Video Analytics in Banking Market share by Deployment Mode, 2022
  • FIG 13 LAMEA Video Analytics in Banking Market share by Deployment Mode, 2030
  • FIG 14 LAMEA Video Analytics in Banking Market by Deployment Mode, 2019 - 2030, USD Million
  • FIG 15 LAMEA Video Analytics in Banking Market share by Country, 2022
  • FIG 16 LAMEA Video Analytics in Banking Market share by Country, 2030
  • FIG 17 LAMEA Video Analytics in Banking Market by Country, 2019 - 2030, USD Million
  • FIG 18 SWOT Analysis: Senstar Technologies Ltd.
  • FIG 19 SWOT Analysis: Zhejiang Dahua Technology Co., Ltd.
  • FIG 20 SWOT Analysis: Axis Communications AB
  • FIG 21 SWOT Analysis: AllGoVision Technologies Pvt. Ltd
  • FIG 22 Swot Analysis: IBM Corporation
  • FIG 23 SWOT Analysis: Wipro Limited
  • FIG 24 SWOT Analysis: Bosch Security Systems GmbH
  • FIG 25 SWOT Analysis: Grekkom Technologies
  • FIG 26 SWOT Analysis: Avigilon Corporation
  • FIG 27 SWOT Analysis: Eagle Eye Networks, Inc.
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