PUBLISHER: TechNavio | PRODUCT CODE: 1184143
PUBLISHER: TechNavio | PRODUCT CODE: 1184143
Technavio has been monitoring the video analytics market and is forecast to grow by $16,862.27 mn during 2022-2027, decelerating at a CAGR of 22.54% during the forecast period. Our report on the video analytics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by enhanced decision-making capabilities of users, rising demand for improved security arrangements, and the requirement for reduced workforce and availability of filters.
Technavio's video analytics market is segmented as below:
By End-user
By Deployment
By Geographical Landscape
This study identifies the growing preference for internet protocol (IP) cameras over analog cameras as one of the prime reasons driving the video analytics market growth during the next few years. Also, the rising construction of smart cities and increasing adoption of saas-based video analytics will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the video analytics market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading video analytics market vendors that include Agent Video Intelligence Ltd., Alarm.com, AllGoVision Technologies Pvt. Ltd., BriefCam Ltd., Canon Inc., Cisco Systems Inc., Genetec Inc., Gorilla Technology Inc., Honeywell International Inc., Huawei Investment and Holding Co. Ltd., i2V Systems Pvt. Ltd., Infinova, International Business Machines Corp., NEC Corp., NICE Ltd., PureTech Systems Inc., Robert Bosch GmbH, Verint Systems Inc., Viseum UK Group, and Zhejiang Dahua Technology Co. Ltd. Also, the video analytics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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