Video Content Analytics Market, Research Segmentation lead Business Growth Industry and Product Demand & Marketing Strategy Forecast 2027
Market Scenario:
The
global Video
Content Analytics Market is predicted to touch USD 12.87 billion at a 21.71%
CAGR between 2019- 2025 states the recent Market Research Future (MRFR)
analysis.
Various factors are propelling the global video
content analytics market share. As per the current MRFR report, such factors
include the rising application of VCA in video surveillance systems to ensure
public safety, enhancement in business intelligence, the availability of
automatically analyzing videos to detect and determine various factors, and
increasing use in different end use industries such as safety and security,
home automation, transport, healthcare, automotive, and others. Additional
factors adding market growth include the use of various software like detection
and recognition software with video content analytics technology, increasing
use for security purposes that facilitates motion detection, facial
recognition, intrusion detection, and others, increasing use in traffic
management & government services.
On the flip side, low penetration of advanced
technology and obsolescence of technology, and COVID-19 impact are factors that
may limit the global video content analytics market growth over the forecast
period.
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Competitive
Outlook:
Leading
players profiled in the global video content analytics market report include
VCA Technology Ltd. (UK), Ipsotek Ltd (UK), HikVision Digital (China), MOBOTIX
AG (Germany), Bosch Security (US), KiwiSecurity Software GmbH (Austria),
Gorilla Technology Group (Taiwan), PureTech Systems Inc. (US), intuVision, Inc.
(US), Intellivision (US), Verint (US), Genetec Inc. (Canada), Aventura
Technologies, Inc. (US), Agent Video Intelligence Ltd (US), IBM Corporation
(US), Honeywell International Inc. (US), Cisco Systems Inc. (US), Axis
Communications (Sweden), and Avigilon Corporation (Canada). Industry players
have incorporated several strategies to stay at the forefront and also cater to
the consumers growing needs like acquisitions and mergers, new product
launches, contracts, strategic alliances, geographic expansions, to name a
few.
Segmentation:
The MRFR provides an inclusive segmental analysis
of the global video content analytics market based on application,
architecture, and software.
By software, the global video content analytics
market is segmented into license plate recognition, recognition, detection, and
others.
By architecture, the global video content analytics
market is segmented into edge and server.
By application, the global video content analytics
market is segmented into logistics, commercial and transport, and
government.
Regional
Analysis:
The global video content analytics market in the
MEA is predicted to have sound growth over the forecast period.
By region, the global video content analytics
market report covers the recent trends and growth opportunities across North
America, the Asia Pacific (APAC), Europe, & the Middle East and Africa
(MEA). Of these, North America will have a major share in the market over the
forecast period. Early technology adoption and the presence of key players are
adding to the global video content analytics market growth in the region.
The global video content analytics market in Europe
is predicted to hold the second-largest share over the forecast period. Rising
use of IP based cameras and video analytics technology in European countries
and growing use of cloud-based solutions are adding to the global video content
analytics market growth in the region.
The global video content analytics market in the
APAC region is predicted to grow at a fast pace over the forecast period.
Growing government investments to provide better security and burgeoning demand
for video content analytics solutions in enterprises are adding to the global
video content analytics market growth in the region.
Table of Contents:
1 Executive
Summary
2 Scope of the
Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
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List of Tables
Table1 Global Video
Content Analytics Market, By Country, 2020-2027
Table2 North America:
Video Content Analytics, By Country, 2020-2027
Table3 Europe: Video
Content Analytics. By Country, 2020-2027
Continued…
List of Figures
FIGURE 1 Global Video
Content Analytics Market Segmentation
FIGURE 2 Forecast
Methodology
FIGURE 3 Porter’s Five
Forces Analysis of The Global Video Content Analytics Market
Continued…
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