MARKET DEFINITION

Video analytics system process real-time video data and transforms it into intelligent data. The System is used to recognise and track things in the video stream such as people, automobiles, and other objects. In addition, it is used to automatically generating descriptions of the objects in the video. Reviewing hours of security footage to find situations that are relevant to user’s search is not as practical as using video analytics. Utilizing video analytics make user security monitoring process more effective and lighten the effort of management and security staff. Advanced algorithms and machine learning are used in video analytics to track, examine, and manage massive amounts of video data. The system digitally process video inputs to create intelligent data that supports decision-making.

MARKET DYNAMICS

The demand for video analytics is increasing across various industries, including banking, financial services, retail, airports, manufacturing, and others. This is due to the automation of video tracking and management. Additionally, the market is anticipated to grow during the forecast period owing to the demand for IP-based security cameras and an increase in concerns about the safety and security of people and their possessions. Furthermore, it is projected that the market growth is hampered by the rise in the frequency of false alerts during inclement weather or poor lighting conditions as well as the high cost of initial installation. However, the growing  usage of cutting-edge technologies such as AI and machine learning with video analytics, as well as the rise in the demand for business data insights and edge-based analytics to identify and profile applications is anticipated to provide lucrative opportunities.

REPORT SCOPE

The report titled “Global Video Analytics System Market – Size, Share, Growth, Opportunities, and Competitive Analysis, 2022 – 2028” offers strategic visions into the global Video Analytics System market along with the market size (Value in “US$ Mn”) for the historical period 2017 to 2021 and estimates for the forecast period 2022 to 2028. The RI report is an in-depth study of the global Video Analytics System market with a strong focus on key market trends, vital player strategies, and market forecasts. The study also covers key market dynamics, including drivers, restraints, opportunities, challenges, and existing and upcoming pathways that help CXOs make critical business decisions effectively. The global Video Analytics System Market is predicted to grow at a significant CAGR over the forecast period from 2022 to 2028.

GEOGRAPHICAL OVERVIEW

The research report includes a detailed overview of the industry comprising quantitative and qualitative information. It gives a broad overview of the worldwide market forecasts for major segments. It also includes market size and forecast projections for five key regions: North America, Europe, Asia-Pacific (APAC), South America, and the Middle East & Africa (MEA), for the years 2017 to 2028. The market is further divided by categories and countries within each province. The research scrutinizes and forecasts over 20 nations worldwide, as well as the present trend and possibilities in these regions.

MARKET SEGMENTATION

The Global Video Analytics System Market is segmented based on type, offering, deployment mode, application, end-use verticals and region. Based on type, the market has been segmented into Server-based, and Edge-based, whereas based on offering, the market comprises Software, and Services. Based on deployment mode the market comprises Cloud and On-Premises. Based on application, the market has been segmented into Incident Detection, Intrusion Management, People/Crowd Counting, Traffic Monitoring, Automatic Number Plate Recognition, Facial Recognition, and Others. whereas the end-use verticals segmentation includes BFSI, City Surveillance, Critical Infrastructure, Education, Hospitality and Entertainment, Manufacturing, Defense and Border Security, Retail, Traffic Management, Transportation and Logistics, and Others.

COMPETITION LANDSCAPE

The RI research report discusses noteworthy developments in the industry as well as organic and inorganic growth strategies being adopted by the Video Analytics System market players. The report covers industry activities, including new product launches, mergers & acquisitions, business partnerships, and various expansion initiatives being undertaken by the active players in the market. These developments pave the path for various market participants to strengthen their positioning as well as expand their consumer base. The positive market outlook for the global Video Analytics System market is anticipated to present lucrative growth opportunities to the market players. The report also offers detailed profiles of major players in the global Video Analytics System market, emphasizing the strategic initiatives, financial information, SWOT analysis, and key development in the Video Analytics System industry in the past three years.

Key players in the Global Video Analytics System Market have adopted various organic as well as inorganic growth strategies to strengthen their market positioning. Prominent players in the market include:

• Avigilon
• Axis Communications
• Cisco
• Honeywell
• Agent Vi
• Allgovision
• Aventura Systems
• Genetec
• Intellivision
• Puretech Systems
• Hikvision
• Iomniscient
• Huawei
• Intelligent Security Systems

COVID-19 IMPACT ANALYSIS ON GLOBAL VIDEO ANALYTICS SYSTEM MARKET

The COVID-19 pandemic is still a very personal, individual experience that is also a once-in-a-lifetime worldwide phenomenon with far-reaching consequences. The epidemic has wreaked havoc on people's lives in all nations and communities and also had a negative impact on global economic development in 2020, unlike anything seen in almost a century. The pandemic severely impacted key economies such as India, Brazil, the U.S., France, Russia, the UK, Italy, Turkey, and Argentina. According to estimates, the virus slowed global economic growth by -3.4 percent to -7.6 percent in 2020, with a rebound of 4.2 percent to 5.6 percent expected in 2021. In 2020, global commerce was expected to decline by 5.3 percent, but it is expected to rise by 8.0 percent in 2021.

In contrast to the global economic downturn in the first half of 2020, the economy began to showcase symptoms of a two-track recovery post the second quarter of 2020, with a fledgling rebound in developed nations, however, slower growth in emerging economies. The outbreak of the Covid-19 pandemic has not only resulted in halted production activity but has also disrupted the global supply chain. The research goes on to evaluate the current and future implications of the COVID-19 pandemic both on the target as well as broader market, thereby, providing accurate and trustworthy forecasts.

RESEARCH PROGRAM DESIGN

KEY QUESTIONS ANSWERED

1. What is the current size of the global Video Analytics System market?
2. What will be the growth rate of the market over the forecast period?
3. Who are the key manufacturers/vendors in the Video Analytics System market space?
4. What are the major market opportunities and market risks faced by the market?
5. What is the impact of COVID-19 on the market?
6. What are the revenue, sales, and price analysis of the top manufacturers in this market?
7. What are the key outcomes of Porter's five forces model?
8. Who are the distributors, traders, and vendors in the industry?

REASONS FOR BUYING THIS REPORT:

• The report offers comprehensive data on the Video Analytics System market elaborating on the current state and future growth prospects both globally and regionally
• It offers a six-year market forecast trend evaluating the impact of drivers and restraints and supporting factors for growth
• The report offers deep-dive insights into each market segment and critical factors responsible for its growth
• The report presents precise picture of the dynamic competitive landscape which helps our client advance their market position
• The comprehensive analysis of the market along with the inclusion of analyst recommendations ensures that our clients make informed business decisions
• Cross-segment country-level analysis included in the report which provides granular analysis of more than 20+ countries covered in the report scope
• The study includes detailed profiles of major manufacturers to help our readers gain holistic overview of the market competitors and consequently align their business strategies

Global Video Analytics System Market Growth, Trend and Forecast 2020-2028

Chapter 1 Video Analytics System Market Overview
1.1 Product Overview and Scope of Video Analytics System
1.2 Video Analytics System Market Segmentation by Type
1.2.1 Global Production Market Share of Video Analytics System by Type in 2019
1.2.1 Type 1
1.2.2 Type 2
1.2.3 Type 3
1.3 Video Analytics System Market Segmentation by Application
1.3.1 Video Analytics System Consumption Market Share by Application in 2019
1.3.2 Application 1
1.3.3 Application 2
1.3.4 Application 3
1.4 Video Analytics System Market Segmentation by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
1.5 Global Market Size (Value) of Video Analytics System (2014-2028)

Chapter 2 Global Economic Impact on Video Analytics System Industry
2.1 Global Macroeconomic Environment Analysis
2.1.1 Global Macroeconomic Analysis
2.1.2 Global Macroeconomic Environment Development Trend
2.2 Global Macroeconomic Environment Analysis by Regions

Chapter 3 Global Video Analytics System Market Competition by Manufacturers
3.1 Global Video Analytics System Production and Share by Manufacturers (2019 and 2019)
3.2 Global Video Analytics System Revenue and Share by Manufacturers (2019 and 2019)
3.3 Global Video Analytics System Average Price by Manufacturers (2019 and 2019)
3.4 Manufacturers Video Analytics System Manufacturing Base Distribution, Production Area and Product Type
3.5 Video Analytics System Market Competitive Situation and Trends
3.5.1 Video Analytics System Market Concentration Rate
3.5.2 Video Analytics System Market Share of Top 3 and Top 5 Manufacturers
3.5.3 Mergers & Acquisitions, Expansion

Chapter 4 Global Video Analytics System Production, Revenue (Value) by Region (2014-2020)
4.1 Global Video Analytics System Production by Region (2014-2020)
4.2 Global Video Analytics System Production Market Share by Region (2014-2020)
4.3 Global Video Analytics System Revenue (Value) and Market Share by Region (2014-2020)
4.4 Global Video Analytics System Production, Revenue, Price and Gross Margin (2014-2020)
4.5 North America Video Analytics System Production, Revenue, Price and Gross Margin (2014-2020)
4.6 Europe Video Analytics System Production, Revenue, Price and Gross Margin (2014-2020)
4.7 China Video Analytics System Production, Revenue, Price and Gross Margin (2014-2020)
4.8 Japan Video Analytics System Production, Revenue, Price and Gross Margin (2014-2020)
4.9 Southeast Asia Video Analytics System Production, Revenue, Price and Gross Margin (2014-2020)
4.10 India Video Analytics System Production, Revenue, Price and Gross Margin (2014-2020)

Chapter 5 Global Video Analytics System Supply (Production), Consumption, Export, Import by Regions (2014-2020)
5.1 Global Video Analytics System Consumption by Regions (2014-2020)
5.2 North America Video Analytics System Production, Consumption, Export, Import by Regions (2014-2020)
5.3 Europe Video Analytics System Production, Consumption, Export, Import by Regions (2014-2020)
5.4 China Video Analytics System Production, Consumption, Export, Import by Regions (2014-2020)
5.5 Japan Video Analytics System Production, Consumption, Export, Import by Regions (2014-2020)
5.6 Southeast Asia Video Analytics System Production, Consumption, Export, Import by Regions (2014-2020)
5.7 India Video Analytics System Production, Consumption, Export, Import by Regions (2014-2020)

Chapter 6 Global Video Analytics System Production, Revenue (Value), Price Trend by Type
6.1 Global Video Analytics System Production and Market Share by Type (2014-2020)
6.2 Global Video Analytics System Revenue and Market Share by Type (2014-2020)
6.3 Global Video Analytics System Price by Type (2014-2020)
6.4 Global Video Analytics System Production Growth by Type (2014-2020)

Chapter 7 Global Video Analytics System Market Analysis by Application
7.1 Global Video Analytics System Consumption and Market Share by Application (2014-2020)
7.2 Global Video Analytics System Consumption Growth Rate by Application (2014-2020)
7.3 Market Drivers and Opportunities
7.3.1 Potential Applications
7.3.2 Emerging Markets/Countries

Chapter 8 Video Analytics System Manufacturing Cost Analysis
8.1 Video Analytics System Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of Video Analytics System

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 Video Analytics System Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of Video Analytics System Major Manufacturers in 2019
9.4 Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List

Chapter 11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change

Chapter 12 Global Video Analytics System Market Forecast (2020-2028)
12.1 Global Video Analytics System Production, Revenue Forecast (2020-2028)
12.2 Global Video Analytics System Production, Consumption Forecast by Regions (2020-2028)
12.3 Global Video Analytics System Production Forecast by Type (2020-2028)
12.4 Global Video Analytics System Consumption Forecast by Application (2020-2028)
12.5 Video Analytics System Price Forecast (2020-2028)

Chapter 13 Appendix