A recent study published by MarkNtel Advisors on the Global Video Analytics Market Share, Size, Trends, Growth, Report and Forecast 2023-28 brings together an in-depth understanding of all aspects influencing the industry’s expansion both in the present and during the historical period 2018-21. This analysis comprises unbiased, accurate, & reliable market intelligence, shedding light on key parameters like the market growth drivers, challenges, restraints, and opportunities, among others. The stakeholders can attain data on the key trends, recent developments, investments & strategies, among other elements shaping the market dynamics.
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Video Analytics Market Dynamics
“Video Analytics Market Analysis, 2023” research report entails a detail-oriented analysis of aspects like the Covid-19 impact, segmentation analysis, country/regional landscape, recent developments, demand & supply chain, and product/service pricing, among others, driving the market expansion across different segments & geographies. This section aims solely to enlighten the stakeholders & the leading players to plan & lay out new strategies for expanding their visibility, product portfolio, & customer base and generating significant revenues in the coming years.
Key Driver: Snowballing Requirements for Real-Time Incident Detection
Video analytics software helps generate instantaneous warnings across numerous business sectors and improve situational awareness. It may assist in the detection, classification, & tracking of behavioral patterns and specified objects in live or recorded video streams. High-performance capabilities of such solutions can help transform standard surveillance networks into intelligent detection & alert systems for automobiles, people, & static objects.
Impact of Covid-19 on the Video Analytics Market
The advent of Covid-19 in 2020 had a consequential effect on most industries worldwide that instigated our analysts to rigorously examine the ground reality of situations in the Video Analytics Market by constantly interacting with the industry experts. The Covid-19 impact analysis section compiles all attributes of relevant events that happened during & after the outbreak, alongside the strategies adopted by the industry players to overcome the damages & sustain amidst the crisis.
Video Analytics Market Major Segments
The Video Analytics Market bifurcates into the following segmentations:
-By Component
- Service
- Software
-By Deployment
- On-Premises
- Cloud
-By Application
- Incident Detection
- Intrusion Management
- People/Crowd Counting
- Traffic Monitoring
- ANPR
- Facial Recognition
- Others (AR and Ego-Motion Estimation)
-By Type
- Edged-Based
- Server-Based
-By Vertical
- Banking, Financial Services, and Insurance (BFSI)
- City Surveillance
- Critical Infrastructure
- Education
- Hospitality and Entertainment
- Manufacturing
- Defense and Border Security
- Retail
- Traffic Management
- Transportation and Logistics
- Others (Healthcare and Life Sciences, and Construction)
Video Analytics Market Geographical Landscape
On the geographical front, the market expands across:
-By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Competitive Analysis
The study on Video Analytics Market brings together extensive research on the prominent companies participating in the industry by rigorously profiling their operations, product/service portfolio, mergers & acquisitions, expansion plans, recent developments, key strategies, and opportunities to attain higher profit margins. The leading industry players, as profiled in the report, include the following:
- Avigilon
- Cisco
- Axis Communications
- Agent VI
- AllGoVision
- Aventura Systems
- Genetec
- i2V
- IntelliVision
- intuVision
- PureTech Systems
- Qognify
- Honeywell
- IBM
- iOmniscient
- BriefCam
- Digital Barriers
- IPSOTEK
- Gorilla Technology
- Bosch Security
ABOUT US:
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
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