Video content analysis and video analytics are other terms for intelligent video. It analyses video surveillance feeds automatically and extracts vital data, such as the detection of an intruder in photographs. Intelligent Video is commonly used for video motion detection, video pattern matching, and auto-tracking. Surveillance cameras are increasingly being used by security organizations to keep a close eye on the surrounding environment 24 hours a day, seven days a week. IP technology enables the creation of an open, trustworthy, and scalable surveillance system. While the amount of video data available grows, a person can only see a limited amount of it. People are notorious for losing concentration quickly, and suspicious gestures on the screen are frequently ignored. Intelligent video monitors around the clock, seven days a week, and improves monitoring accuracy and efficacy. Here's another application for Intelligent Video. It transforms video data into a gold mine for business requirements. The camera captures customer behavior and provides critical data for marketing, retail operations, building layout design, traffic patterns, and other activities. Going through hours of video from a dozen cameras was a difficult, labor-intensive, and time-consuming operation. The intelligent video quickly analyses large amounts of video data. Intelligent video is undoubtedly useful for monitoring and a variety of corporate tasks, but it is costly and difficult to implement because it necessitates high-performance computers and specialized software.
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Global Video Analytics Market
2
Scope of the Report
ī Global Video Analytics Market , By
Component
ī§ Solution & Platform/API
ī§ Services
ī§ Professional Services
ī§ Managed Services
ī Global Video Analytics Market , By Deployment
Model
ī§ Cloud Based
ī§ On-Premises
ī Global Video Analytics Market , By Enterprise
Size
ī§ Large Enterprises
ī§ Small & Medium Enterprises
ī Global Video Analytics Market , By Application
ī§ Intrusion Management
ī§ Incident Detection
ī§ Traffic Monitoring
ī§ People/Crowd Counting
ī§ ANPR
ī§ Facial Recognition
ī§ Others
ī Global Video Analytics Market , By Region
ī§ North America Video Analytics Market
ī§ Europe Video Analytics Market
ī§ Asia Pacific Video Analytics Market
ī§ Middle East & Africa Video Analytics
Market
ī§ Latin America Video Analytics Market
ī Company
ī§ Aventura Technologies, Inc.
ī§ Axis Communications Ab.
ī§ Cisco Systems, Inc.
ī§ Dahua Technology Co., Ltd
ī§ Genetec Inc.
ī§ Hangzhou Hikvision Digital Technology
Co. Ltd.
ī§ Honeywell International Inc.
ī§ Huawei Technologies Co. Ltd
ī§ IBM Corporation.
ī§ Intuvision, Inc.
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Global Video Analytics Market
3
Regions Covered
North America
īU.S.
īCanada
Europe
īGermany
īU.K.
īFrance
īItaly
īSpain
īRussia
īRest of Europe
Asia Pacific
īChina
īJapan
īIndia
īS. Korea
īIndonesia
īAustralia & New
Zealand
īASEAN Countries
īRest of Asia Pacific
Latin America
īBrazil
īMexico
īArgentina
īRest of Latin America
Middle East & Africa
īGCC
īSouth Africa
īRest of Middle East & Africa
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Global Video Analytics Market
Global Video Analytics Market Introduction
4
Video content analysis and video analytics are other terms for intelligent video. It analyses video surveillance feeds
automatically and extracts vital data, such as the detection of an intruder in photographs. Intelligent Video is
commonly used for video motion detection, video pattern matching, and auto-tracking. Surveillance cameras are
increasingly being used by security organizations to keep a close eye on the surrounding environment 24 hours a day,
seven days a week. IP technology enables the creation of an open, trustworthy, and scalable surveillance system.
While the amount of video data available grows, a person can only see a limited amount of it. People are notorious for
losing concentration quickly, and suspicious gestures on the screen are frequently ignored. Intelligent video monitors
around the clock, seven days a week, and improves monitoring accuracy and efficacy. Here's another application for
Intelligent Video. It transforms video data into a gold mine for business requirements. The camera captures customer
behavior and provides critical data for marketing, retail operations, building layout design, traffic patterns, and other
activities. Going through hours of video from a dozen cameras was a difficult, labor-intensive, and time-consuming
operation. The intelligent video quickly analyses large amounts of video data. Intelligent video is undoubtedly useful
for monitoring and a variety of corporate tasks, but it is costly and difficult to implement because it necessitates high-
performance computers and specialized software.
The presence of a large number of global firms in the video analytics market is driving growth. The widespread use of
cloud services and security infrastructure is one of the major factors driving the adoption of video analytics solutions
among enterprises and SMEs across various verticals such as BFSI, city surveillance, critical infrastructure, education,
hospitality and entertainment, manufacturing, defense, and border security, retail, traffic management, transportation
and logistics, and others. APAC and MEA developing countries are expected to create new opportunities for market
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Global Video Analytics Market
Global Video Analytics Market Introduction
5
participants. The current economic slowdown caused by COVID-19 highlights the need for new business techniques.
Businesses must implement cloud computing and video analytics solutions to improve employee safety and security.
To maintain a competitive advantage and meet changing customer demands, key market players are constantly
updating their product offerings. As a result, they're fusing video analytics software with cutting-edge technologies
such as AI, deep learning, and machine learning. In addition, manufacturers in the video analytics market are providing
strong AI-based video analytics solutions that provide a self-contained method of monitoring and improving video
content analysis in real-time. Sprint launched "Curiosity Smart Video Analytics" in August 2019, in collaboration with
Hitachi Vantara and Ericsson technologies. In February 2021, Avigilon will release an artificial intelligence network
video recorder that combines standard Avigilon NVR features with the Avigilon AI appliance to provide businesses with
analytics, storage, and cybersecurity solutions. Software upgrades and application downloads are simple because the
solution is linked to Avigilon cloud services. Furthermore, using these advanced video analytics technologies can result
in a significant increase in accuracy as well as a significant decrease in false alarms, which has traditionally been a
weak area of video analytics applications in surveillance. Machine learning may also aid in the more precise
categorization of photographs and other items.
The global video analytics market generated revenue of US$ 3.8 billion in 2020 and is expected to reach US$ 9.2 billion
by 2025 with a CAGR of 19.0% in the forecast period. The video analytics market report offers a comprehensive market
analysis of the different segments and regions that lets readers make crucial business-related decisions with a wealth
of information enclosed in this report. The research report offers both qualitative and quantitative information on the
global video analytics market. In qualitative terms, the video analytics market report provides insights into numerous
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Global Video Analytics Market
Global Video Analytics Market Introduction
6
factors, such as market determinants, value chain analysis, emerging trends, growth opportunity analysis, porters five-
force model analysis and macro-economic factors, segment analysis, regional analysis at a granular level. Similarly, in
quantitative terms, the report provides historical and forecast market numbers of video analytics in various segments
such as by component, deployment model, enterprise size, application & end user at global, regional, and country-
level. In addition, the report provides a detailed analysis of the market vendors and their product offerings. The report
also covers details of the competitive market environment and includes information on the capabilities and
competencies of market vendors.
Segment Analysis
The solution segment accounts for the dominating position in the market.
Based on components, the video analytics market is segmented into solutions and services. The solution segment
holds the dominating position in the market in 2020 and is expected to retain its dominance throughout the
forecast period. The service segment is further segmented into professional and managed services. The
professional service segment accounts for the dominant position in the market in 2020 whereas the managed
service segment is expected to grow with the highest CAGR in the forecast period.
Intrusion management application accounts for the dominating position in the market.
Based on application, the market for video analytics is segmented into intrusion management, incident detection,
traffic monitoring, people/crowd counting, ANPR, facial recognition, and others. Over the projection period, the
intrusion management application is expected to lead the video analytics market with the highest share. Facial
recognition is expected to grow with the highest CAGR during the forecast period.
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Global Video Analytics Market
Global Video Analytics Market Introduction
7
Cloud based deployment model is expected to grow with the highest CAGR in the forecast period.
Based on the deployment model, the video analytics market is segmented into on-premises and cloud-based. The
cloud-based deployment model is expected to grow with the highest CAGR during the forecast period. In
addition, on-premises hold a dominant market position in 2020 and are expected to remain dominant over the
forecast period.
The large Enterprises segment accounts for the dominating position in the market.
Based on enterprise size, the video analytics market is segmented into small & medium enterprises and large
enterprises. The small & medium enterprises segment is expected to grow with the highest CAGR during the
forecast period. Moreover, the large enterprise segment holds the dominating position in the market in 2020 and
is expected to retain its dominance throughout the forecast period.
The government & defense segment accounts for the dominating position in the market.
Based on end user, the video analytics market is segmented into government & defense, hospitality and
entertainment, transportation and logistics, banking, financial services, and insurance (BFSI), manufacturing,
retail, education, others. The retail segment is expected to grow with the highest CAGR during the forecast
period. Moreover, the government & defense segment holds the dominating position in the market in 2020 and is
expected to retain its dominance throughout the forecast period.
North America accounts for the dominating position in the market.
Based on the region, the video analytics market is segmented into North America, Europe, Asia Pacific, Middle
East & Africa, and Latin America. North America is expected to contribute a larger market share in 2020. The
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Global Video Analytics Market
Global Video Analytics Market Introduction
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United States and Canada are the largest market-driven countries in this region. Moreover, Asia Pacific is projected to
rise at the fastest CAGR in the forecast period. China, India, and Japan are some of the major market-driven countries
in the world.
Video Analytics Market Players:
Some of the major players in the video analytics market are Avigilon, Cisco Systems, Inc., Axis Communications
AB, Agent Video Intelligence Ltd., AllGoVision Technologies, Aventura Technologies, Inc., Genetec Inc., i2V
Systems Pvt. Ltd, IntelliVision, intuVision, Inc. The study also focuses on different business or inorganic market
growth strategies through technology advancement, business expansion, alliances, and mergers and acquisitions
to create disruptive technologies and consumer networks.
Key questions the report answers
Which factors will contribute to a change in the demand for video analytics during the evaluation phase?
What are the major driving factors that accelerate the growth of the market?
What are the restraints which hinder the growth of the market?
What segment offers the most development opportunities?
Which region provides the key growth opportunity to the market?
Who are the major industry players?
What are the key strategies adopted by the market players?
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Global Video Analytics Market
Global Video Analytics Market Introduction
Global Video Analytics Market Size, US$ Million (2020 â 2027)
XX XX
XX
XX
XX
XX
XX XX
XX
2019 2020 2021 2022 2023 2024 2025 2026 2027
Global Video Analytics Market Opportunity Analysis Size, US$
Million (2020 â 2027)
9
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis
XX%
XX% XX%
XX% XX%
XX%
XX% XX%
XX XX
XX
XX
XX
XX
XX
XX
XX
2019 2020 2021 2022 2023 2024 2025 2026 2027
Total Opportunity
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Global Video Analytics Market
Global Video Analytics Market Introduction
Global Video Analytics Market Share Analysis, by Component,
(2020 & 2027)
Global Video Analytics Market Share Analysis, by Deployment
Model, (2020 & 2027)
10
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
Solution & Platform/API Services
Professional Services Managed Services
2020
2027
2020
2027
XX%
XX% XX%
XX%
Cloud Based On-Premises
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Global Video Analytics Market
Global Video Analytics Market Introduction
Global Video Analytics Market Share Analysis, by Enterprise Size,
(2020 & 2027)
Global Video Analytics Market Share Analysis, by Application,
(2020 & 2027)
11
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis
XX%
XX% XX%
XX%
Large Enterprises Small & Medium Enterprises
2020
2027
2020
2027
XX%
XX%
XX%
XX%
XX%
XX%
8.3%
XX%
XX%
XX%
XX%
XX%
XX%
9.7%
Intrusion Management Incident Detection
Traffic Monitoring People/Crowd Counting
ANPR Facial Recognition
Others
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Global Video Analytics Market
Global Video Analytics Market , by Component
Global Video Analytics Market Analysis and Forecast, by Component, US$ Million (2020 â 2027)
Component 2019 2020 2021 2022 2023 2024 2025 2026 2027
CAGR % (2020 â
2027)
Solution XX XX XX XX XX XX XX XX XX XX
Services
Managed Services
Professional Services
XX XX XX XX XX XX XX XX XX XX
Total XX XX XX XX XX XX XX XX XX XX
12
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis
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Global Video Analytics Market
Global Video Analytics Market , by Deployment Model
Global Video Analytics Market Analysis and Forecast, by Deployment Model, US$ Million (2020 â 2027)
Deployment Model 2019 2020 2021 2022 2023 2024 2025 2026 2027
CAGR % (2020 â
2027)
Cloud Based XX XX XX XX XX XX XX XX XX XX
On-Premises XX XX XX XX XX XX XX XX XX XX
Total XX XX XX XX XX XX XX XX XX XX
13
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis
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Global Video Analytics Market
Global Video Analytics Market , by Enterprise Size
Global Video Analytics Market Analysis and Forecast, by Enterprise Size, US$ Million (2020 â 2027)
Enterprise Size 2019 2020 2021 2022 2023 2024 2025 2026 2027
CAGR % (2020 â
2027)
Large Enterprises XX XX XX XX XX XX XX XX XX XX
Small & Medium
Enterprises
XX XX XX XX XX XX XX XX XX XX
Total XX XX XX XX XX XX XX XX XX XX
14
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis
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Global Video Analytics Market
Global Video Analytics Market , by Application
Global Video Analytics Market Analysis and Forecast, by Application, US$ Million (2020 â 2027)
Application 2019 2020 2021 2022 2023 2024 2025 2026 2027
CAGR % (2020 â
2027)
Intrusion Management XX XX XX XX XX XX XX XX XX XX
Incident Detection XX XX XX XX XX XX XX XX XX XX
Traffic Monitoring XX XX XX XX XX XX XX XX XX XX
People/Crowd Counting XX XX XX XX XX XX XX XX XX XX
ANPR XX XX XX XX XX XX XX XX XX XX
Facial Recognition XX XX XX XX XX XX XX XX XX XX
Others XX XX XX XX XX XX XX XX XX XX
Total XX XX XX XX XX XX XX XX XX XX
15
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis
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Global Video Analytics Market
Global Video Analytics Market , by Region
16
XX
XX XX
XX XX
XX
XX
XX
XX XX
North America Europe Asia Pacific Middle East & Africa Latin America
US$ Million
2020 2027
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX% XX%
North America
Europe
Asia Pacific
Middle East & Africa
Latin Maerica
2020
2027
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis
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Global Video Analytics Market
Global Video Analytics Market , by Region
Global Video Analytics Market Analysis and Forecast, by Region, US$ Million (2020 â 2027)
Region 2019 2020 2021 2022 2023 2024 2025 2026 2027
CAGR % (2020 â
2027)
North America XX XX XX XX XX XX XX XX XX XX
Europe XX XX XX XX XX XX XX XX XX XX
Asia Pacific XX XX XX XX XX XX XX XX XX XX
Middle East & Africa XX XX XX XX XX XX XX XX XX XX
Latin America XX XX XX XX XX XX XX XX XX XX
Total XX XX XX XX XX XX XX XX XX XX
17
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis
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Global Video Analytics Market , Company Share Analysis, 2020 (%)
18
Global Video Analytics Market
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
Government & Defence
Hospitality and Entertainment
Transportation and Logistics
Banking, Financial Services, and Insurance (BFSI)
Manufacturing
Retail
Education
Others
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Global Video Analytics Market
19
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