The Worldwide Video Analytics Industry is Expected to Reach $18.7 Billion by 2027 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Video Analytics Market Research Report by Component (Service and Software), Application, Deployment Model, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) – Global Forecast to 2027 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.

The Global Video Analytics Market size was estimated at USD 4,891.22 million in 2021, USD 6,107.67 million in 2022, and is projected to grow at a CAGR 25.12% to reach USD 18,770.78 million by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Video Analytics Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Video Analytics Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Video Analytics Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Video Analytics Market?

4. What is the competitive strategic window for opportunities in the Global Video Analytics Market?

5. What are the technology trends and regulatory frameworks in the Global Video Analytics Market?

6. What is the market share of the leading vendors in the Global Video Analytics Market?

7. What modes and strategic moves are considered suitable for entering the Global Video Analytics Market?

Market Dynamics

Drivers

• Need to Utilize and Examine Unstructured Video Surveillance Data in Real-Time Event Detection
• Growth in Concern Over Public Safety and Security
• Government Involvement in the Development of Video Surveillance Infrastructure

Restraints

• High Initial Costs of Investment, Installation, and Maintenance
• Interoperability Complexities and Support for Older Equipment of Surveillance Systems

Opportunities

• Rising Deployment of the Ai-Enabled and Cloud Technologies with Video Analytics Solutions
• Emerging Use of Drone-Based Video Analytics

Challenges

• Cost, Operational, and Privacy Issues Related to Video Analytics and Surveillance

Companies Mentioned

• Agent Video Intelligence Ltd.
• AllGoVision Technologies Pvt Ltd
• Aventura Technologies Inc.
• Avigilon Corporation
• Axis Communications
• Bosch Security
• Briefcam
• Cisco Systems Inc.
• Digital Barrier
• Drishti Technologies
• Genetec Inc.
• Gorilla Technology
• Honeywell International Incorporation
• I2V Systems Private Ltd.
• IBM Corporation
• Intelligent Security Systems
• Intellivision Technologies Private Ltd.
• Intuvision Inc.
• Puretech Systems Inc.
• Qognify, Intuvision, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/lgujpc

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