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Global Video Analytics Market to Exhibit 20.6% CAGR during 2015-2023 due to Rising Demand from Retail Industry
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This research study on the global video analytics market provides a detailed analysis of how different regions around the globe are using video analytics for various applications to enhance the efficiency of the security solutions as well as businesses themselves. The report offers an in-depth study of the market drivers, restraints, and growth opportunities. Using these factors, the report identifies various trends expected to impact the market during the forecast period from 2015 to 2023. The report includes a comprehensive coverage of the underlying economic, environmental, and technological factors influencing the video analytics market. It also provides the competitive landscape of the key players in the video analytics market in order to highlight the prevalent competition in this market. The report also provides a detailed competitive analysis of the key players in the video analytics market and identifies various business strategies adopted by these leading players. The study explains the penetration of each market segment within various geographies, and how these segments have accelerated the growth of the video analytics market.
Based on application, the video analytics market is segmented into video indexing, people recognition, incident detection, license plate recognition, object recognition, cross-camera tracking, and traffic monitoring applications. The report also provides information pertaining to different end-users such as residential, commercial, industrial, transportation and logistics, healthcare, hospitality and education industry. The report aims to provide a comprehensive, cross-sectional analysis of the video analytics market across major geographical segments such as North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. Video analytics performs various tasks such as analysis of pre-recorded videos for the extraction of data or events from recorded video, and real-time analysis for the purpose of instant retrieval of events of interest as they happen.
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The report includes an overview of the market strategies, annual revenues, and the recent developments of the key companies operating in the market. The key market participants profiled in the study include Bosch Security Systems Inc., VCA Technology Ltd., Genetec, Inc., Avigilon Corporation, IntelliVision, Cisco Systems Inc., PureTech Systems Inc., Honeywell International Inc., Milestone Systems A/S, Samsung Techwin Co., Ltd. (Hanwha Group), IBM Corporation, General Electric, and Nice Systems Ltd. The report provides comprehensive analysis of the video analytics solutions offered by these leading players. In-depth insights on research and development activities, new product launches, and upcoming technologies are also included in the report.
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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