Major Growth Expected in Video Analytics Market Global Outlook Report to 2023 | Industry Key Players - AllGoVision Technologies, Aventura Technologies, Cisco Systems, Honeywell International, IBM, Intellivision, PureTech Systems, Verint Systems, Quognify

Premium Market Insights has Published New Research Report on – “Video Analytics Market – Global Industry Analysis, Size, Overview, Trends, Growth and Forecast by 2023.”

Video Analytics Market research report is an expert compiled study which provides a holistic view of the market covering current trends and future scope trend Comprehensive Study demand growth opportunities and outlook with segmentation by product/service type application geography / region and top industry companies.

Video analytics is the process of collecting and extracting information, trends, and insights from video data captured during video surveillance on a real-time basis or of an already captured video. This process offers real-time effective video management and business intelligence applications such as behavior analysis, and provides alerts on the occurrence of strange or abnormal activities. Several industries, such as public sector, manufacturing, retail, and others, have adopted video analytics solution to optimize their business operations through cost-effective and real-time analytics.

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Companies Covered in this Report are:
AllGoVision Technologies Pvt. Ltd.,
Aventura Technologies, Inc.,
Axis Communications AB,
Cisco Systems, Inc.,
Honeywell International, Inc.,
IBM Corporation,
Intellivision,
PureTech Systems, Inc.,
Verint Systems, Inc.,
Quognify

Increase in demand for IP-based security systems, growth in concern over public safety & security, and increase in volume of unstructured video data drive the global video analytics market. However, high initial investment cost on systems & infrastructure and rise in number of false alarms & alerts are expected to hinder this video analytics market growth. Need of edge-based analytics and recognizing & profiling applications are expected to provide numerous opportunities for the video analytics market growth in the future.

The global video analytics market is segmented on the basis of component, application, deployment model, industry vertical, and geography. On the basis of component, it is bifurcated into software and services. Based on application, it is classified into facial recognition & detection, incident detection, perimeter intrusion detection, crowd detection & management, traffic & parking management, and others. The deployment model segment includes cloud and on-premises. On the basis of industry vertical, the market is categorized into transportation, BFSI, retail, government, manufacturing, energy & utilities, critical infrastructure, and others. Geographically, it is analyzed across North America, Europe, Asia Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS
The report provides an extensive analysis of the current trends, future estimations, and dynamics of the global video analytics market.
In-depth analysis of the video analytics market is conducted based on market estimations of key segments from 2016 to 2023.
Extensive analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
Comprehensive analysis of all regions assists in determining the prevailing opportunities related to video analytics industry across geographies.

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KEY MARKET SEGMENTS

By Component
Software
Services

By Application
Facial Recognition & Detection
Incident Detection
Perimeter Intrusion Detection
Crowd Detection & Management
Traffic & Parking Management
Others

By Deployment Model
Cloud
On-premises

By Industry Vertical
Transportation
BFSI
Retail
Government
Manufacturing
Energy & Utilities
Critical Infrastructure
Others

By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

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This release was published on openPR.