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Global Video Analytics Market - Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2023

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Global Video Analytics Market-Drivers, Restraints, Opportunities, Trends, and Forecasts to 2023
Brief: Video analytics refers to the use of algorithms to detect activities in a video from any location. The organizations can perform real-time analysis of their customers through video analytics, which gives them ample amount of time to understand their behavior and take necessary steps. It involves field-proven and expert deployment, allowing the organizations to achieve significant developments in the video surveillance systems. Video analytics is helping security and public safety organizations in increasing their intelligence and investigative capabilities.
Product Analysis: Most of the organizations are gathering a huge amount of data by adopting video surveillance cameras. The gathered information can be analyzed by implementing video analytics solutions. These solutions enable the organizations and governments to improve the security and safety of the people and assets.
Market Analysis: According to Infoholic Research, it is estimated that the global video analytics market will witness a CAGR of 30.5% during the forecast period 2017-2023. The market is analyzed based on software and services, deployment, applications, verticals, and regions.
Technology Analysis:
Currently, most of the companies are offering customized cloud-based video analytics solutions to their customers, which would allow them to achieve real-time intelligent monitoring and improve security by using automatic alerts. Several analytics companies are hugely investing in AI-based video analytics to build platforms, sustainable business models, and also developing machine learning-based algorithms. The organizations are using incident detection, perimeter intrusion management, redaction software, advanced search, and facial recognition analytics to find accurate images and gather relevant information from various cameras, which help them to find patterns and draw meaningful insights.
Regional Analysis:
North America is set to be the leading region followed by EMEA, Asia Pacific, and Latin America. Most of the video analytics companies have hugely invested in the region due to an increase in demand for IP-based surveillance cameras, video management software, video analytics applications, and cloud-based video analytics. This trend is expected to increase the North America video analytics market in the next 5 years. EMEA and the Asia Pacific are set to be emerging markets for the key stakeholders as most of the large enterprises and SMEs are showing interest in setting-up cameras, and are making significant investments in video analytics. In EMEA, many industries have seen tremendous technological advancements in intelligent video processing such as image processing, automatic detection of incidents, and others.
Key Players: Few of the key players included in the report are IBM, Cisco, Honeywell, Agent Video Intelligence (Agent Vi), Axis Communication AB, Avigilon Corporation, and Others.
Competitive Analysis and Benefits: Globally, video analytics firms are acquiring start-up companies to extend their product & service portfolio and to expand their operations. This report provides an in-depth analysis of advanced technologies that are supporting the video analytics market growth, and key investments with respect to regions and verticals.
The study covers and analyzes the Global Video Analytics market. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, helps the venture capitalists in understanding the companies better and make informed decisions.
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Table Of Content

Scope

Table of Contents

1 Industry Outlook

1.1 Industry Overview

1.2 Industry Trends

1.3 Pest Analysis

2 Report Outline

2.1 Report Scope

2.2 Report Summary

2.3 Research Methodology

2.4 Report Assumptions

3 Market Snapshot

3.1 Total Addressable Market (TAM)

3.2 Segmented Addressable Market (SAM)

3.3 Related Markets

3.3.1 Human Resource (HR) Analytics

3.3.2 Cognitive Analytics Market

3.3.3 Healthcare Analytics Market

4 Market Outlook

4.1 Overview

4.2 Market Definition

4.3 Market Trends

4.4 Porter 5 (Five) Forces

5 Market Characteristics

5.1 Evolution

5.2 Ecosystem

5.3 Market Segmentation

5.4 Market Dynamics

5.4.1 Drivers

5.4.1.1 Increase in demand for cloud-based video analytics

5.4.1.2 Huge government investments in advanced technologies

5.4.1.3 Growing applications across several industrial verticals

5.4.2 Restraints

5.4.2.1 Robust video analytics systems involve huge costs

5.4.2.2 Problems in reaching to the remote and isolated locations

5.4.2.3 Issues related to false alarms

5.4.2.4 Lack of data security and increase in fraud activities

5.4.3 Opportunities

5.4.3.1 Demand for IoT and artificial intelligence (AI)

5.4.3.2 Huge opportunities for the video analytics in retail, entertainment and transportation

5.4.3.3 Increase in opportunities for facial recognition and pattern recognition providers

5.4.4 DRO-Impact Analysis

6 Deployment: Market Size & Analysis

6.1 Overview

6.1.1 Market Size and Analysis

6.2 On-premises

6.3 On-Demand or Cloud

7 Applications: Market Size & Analysis

7.1 Overview

7.1.1 Market Size and Analysis

7.2 Incident Detection

7.3 Perimeter intrusion detection management

7.4 People Counting

7.5 Traffic Monitoring

7.6 License Plate Recognition

7.7 Facial Recognition

7.8 Mobile Surveillance

7.9 Deployable Surveillance

8 Types: Market Size & Analysis

8.1 Overview

8.1.1 Market Size and Analysis

8.2 Software

8.3 Services

8.3.1 Managed Services

8.3.2 Professional Services

9 Verticals: Market Size & Analysis

9.1 Overview

9.1.1 Market Size and Analysis

9.2 Transportation

9.3 Media & Entertainment

9.4 BFSI

9.5 Retail

9.6 Defense

9.7 Traffic Management

9.8 Healthcare

9.9 Commercial and Residential

9.10 Critical Infrastructure

9.11 Others

10 Regions: Market Size & Analysis

10.1 Overview

10.1.1 Market Size and Analysis

10.2 North America

10.2.1 Market Size and Analysis

10.2.2 Drivers for the US

10.2.3 Drivers for Canada

10.3 EMEA

10.3.1 Market Size and Analysis

10.3.2 Drivers for UK

10.3.3 Drivers for Germany

10.3.4 Drivers for Israel

10.3.5 Drivers for UAE

10.4 Asia Pacific

10.4.1 Market Size and Analysis

10.4.2 Drivers for China

10.4.3 Drivers in India

10.4.4 Drivers for Japan

10.5 Latin America

10.5.1 Market Size and Analysis

10.5.2 Drivers for Brazil

10.5.3 Drivers for Mexico

11 Vendor Profiles

11.1 Cisco Systems, Inc.

11.1.1 Overview

11.1.2 Business Units

11.1.3 Geographic Revenue

11.1.4 Business Focus

11.1.5 SWOT Analysis

11.1.6 Business Strategy

11.2 IBM Corporation

11.2.1 Overview

11.2.2 Business segments

11.2.3 Geographic Revenue

11.2.4 Business Focus

11.2.5 SWOT Analysis

11.2.6 Business Strategy

11.3 Axis Communications AB

11.3.1 Overview

11.3.2 Business Units

11.3.3 Geographic Revenue

11.3.4 Business Focus

11.3.5 SWOT Analysis

11.3.6 Business Strategy

11.4 Avigilon Corporation

11.4.1 Overview

11.4.2 Business Units

11.4.3 Geographic Revenue

11.4.4 Business Focus

11.4.5 SWOT Analysis

11.4.6 Business Strategy

11.5 Bosch Security Systems Inc. (Bosch)

11.5.1 Overview

11.5.2 Business Units

11.5.3 Geographic Revenue

11.5.4 Business Focus

11.5.5 SWOT Analysis

11.5.6 Business Strategy

11.6 Honeywell International Inc.

11.6.1 Overview

11.6.2 Business Units

11.6.3 Geographic Revenue

11.6.4 Business Focus

11.6.5 SWOT Analysis

11.6.6 Business Strategies

12 Companies to Watch For

12.1 Agent Video Intelligence Ltd.

12.1.1 Overview

12.1.2 Agent Video Intelligence Ltd.

12.1.3 Agent Video Intelligence Ltd in Video analytics market

12.2 AllGoVision Technologies Pvt. Ltd

12.2.1 Overview

12.2.2 AllGoVision Technologies Pvt. Ltd.

12.2.3 AllGoVision Technologies Pvt. Ltd. in video analytics market

12.3 IntelliVision Technologies Pvt Ltd.

12.3.1 Overview

12.3.2 IntelliVision Technologies Pvt Ltd.

12.3.3 IntelliVision Technologies Pvt Ltd. in video analytics market

12.4 3VR Inc.

12.4.1 Overview

12.4.2 3VR Inc.

12.4.3 3VR Inc., in video analytics market

Annexure

Abbreviations

 


List Of Figure

Charts

CHART 1 PEST ANALYSIS OF VIDEO ANALYTICS MARKET 12

CHART 2 RESEARCH METHODOLOGY OF GLOBAL VIDEO ANALYTICS MARKET 14

CHART 3 GLOBAL VIDEO ANALYTICS MARKET BY REVENUE, 2017-2023 (USD BILLION) 15

CHART 4 PORTER 5 FORCES ON GLOBAL VIDEO ANALYTICS MARKET 19

CHART 5 EVOLUTION OF VIDEO ANALYTICS 20

CHART 6 ECOSYSTEM OF VIDEO ANALYTICS MARKET 21

CHART 7 VIDEO ANALYTICS MARKET SEGMENTATION 22

CHART 8 MARKET DYNAMICS-DRIVERS, RESTRAINTS & OPPORTUNITIES 23

CHART 9 DRO-IMPACT ANALYSIS OF GLOBAL VIDEO ANALYTICS MARKET 26

CHART 10 CISCO: OVERVIEW 47

CHART 11 CISCO: BUSINESS UNITS 48

CHART 12 CISCO: GEOGRAPHIC REVENUE 49

CHART 13 CISCO: SWOT ANALYSIS 51

CHART 14 IBM MARKET OVERVIEW SNAPSHOT 52

CHART 15 IBM: BUSINESS SEGMENTS 53

CHART 16 IBM: GEOGRAPHIC REVENUE 55

CHART 17 IBM: SWOT ANALYSIS 56

CHART 18 AXIS COMMUNICATIONS AB: OVERVIEW SNAPSHOT 58

CHART 19 AXIS COMMUNICATIONS AB: BUSINESS UNITS 59

CHART 20 AXIS COMMUNICATIONS AB: GEOGRAPHIC REVENUE 60

CHART 21 AXIS COMMUNICATIONS AB: SWOT ANALYSIS 62

CHART 22 AVIGILON CORPORATION: OVERVIEW SNAPSHOT 64

CHART 23 AVIGILON CORPORATION: BUSINESS UNITS 65

CHART 24 AVIGILON CORPORATION: GEOGRAPHIC REVENUE 65

CHART 25 AVIGILON CORPORATION: SWOT ANALYSIS 67

CHART 26 BOSCH: OVERVIEW SNAPSHOT 69

CHART 27 BOSCH: BUSINESS UNITS 69

CHART 28 BOSCH: GEOGRAPHIC REVENUE 70

CHART 29 BOSCH: SWOT ANALYSIS 72

CHART 30 HONEYWELL INTERNATIONAL, INC.: OVERVIEW SNAPSHOT 73

CHART 31 HONEYWELL INTERNATIONAL, INC.: BUSINESS UNITS 74

CHART 32 HONEYWELL INTERNATIONAL, INC.: GEOGRAPHIC REVENUE 75

CHART 33 HONEYWELL INTERNATIONAL, INC.: SWOT ANALYSIS 76

CHART 34 AGENT VIDEO INTELLIGENCE LTD. 78

CHART 35 ALLGOVISION TECHNOLOGIES PVT. LTD. 80

CHART 36 INTELLIVISION TECHNOLOGIES PVT. LTD. 82

CHART 37 3VR, INC. 84

 

 


List Of Table

Tables

TABLE 1 VIDEO ANALYTICS MARKET REVENUE BY DEPLOYMENT MODELS, 2017-2023 (USD BILLION) 26

TABLE 2 VIDEO ANALYTICS MARKET GROWTH BY DEPLOYMENT MODELS, 2017-2023, Y-O-Y (%) 26

TABLE 3 VIDEO ANALYTICS MARKET REVENUE BY APPLICATION, 2017-2023 (USD BILLION) 27

TABLE 4 VIDEO ANALYTICS MARKET GROWTH BY APPLICATION, 2017-2023, Y-O-Y (%) 27

TABLE 5 VIDEO ANALYTICS MARKET REVENUE BY TYPES, 2016-2023 (USD BILLION) 30

TABLE 6 VIDEO ANALYTICS MARKET GROWTH BY TYPES, 2016-2023, Y-O-Y (%) 31

TABLE 7 VIDEO ANALYTICS MARKET REVENUE BY VERTICALS, 2017-2023 (USD BILLION) 32

TABLE 8 VIDEO ANALYTICS MARKET GROWTH BY VERTICALS, 2017-2023, Y-O-Y (%) 33

TABLE 9 VIDEO ANALYTICS MARKET REVENUE BY REGIONS, 2017-2023 (USD BILLION) 36

TABLE 10 VIDEO ANALYTICS MARKET GROWTH BY REGIONS, 2017-2023, Y-O-Y (%) 37

TABLE 11 NORTH AMERICA VIDEO ANALYTICS MARKET BY TYPES, 2017-2023 (USD BILLION) 37

TABLE 12 NORTH AMERICA VIDEO ANALYTICS MARKET GROWTH BY TYPES, 2017-2023, Y-O-Y (%) 38

TABLE 13 NORTH AMERICA VIDEO ANALYTICS MARKET BY DEPLOYMENT MODEL, 2017-2023 (USD BILLION) 38

TABLE 14 NORTH AMERICA VIDEO ANALYTICS MARKET GROWTH BY DEPLOYMENT MODEL, 2017-2023, Y-O-Y (%) 38

TABLE 15 EMEA VIDEO ANALYTICS MARKET BY TYPES, 2017-2023 (USD BILLION) 39

TABLE 16 EMEA VIDEO ANALYTICS MARKET GROWTH BY TYPES, 2017-2023, Y-O-Y (%) 40

TABLE 17 EMEA VIDEO ANALYTICS MARKET BY DEPLOYMENT MODEL, 2017-2023 (USD BILLION) 40

TABLE 18 EMEA VIDEO ANALYTICS MARKET GROWTH BY DEPLOYMENT MODEL, 2017-2023, Y-O-Y (%) 40

TABLE 19 ASIA PACIFIC VIDEO ANALYTICS MARKET BY TYPES, 2017-2023 (USD BILLION) 42

TABLE 20 ASIA PACIFIC VIDEO ANALYTICS MARKET GROWTH BY TYPES, 2017-2023, Y-O-Y (%) 42

TABLE 21 ASIA PACIFIC VIDEO ANALYTICS MARKET BY DEPLOYMENT MODEL, 2017-2023 (USD BILLION) 42

TABLE 22 ASIA PACIFIC VIDEO ANALYTICS MARKET GROWTH BY DEPLOYMENT MODEL, 2017-2023, Y-O-Y (%) 42

TABLE 23 LATIN AMERICA VIDEO ANALYTICS MARKET BY TYPES, 2017-2023 (USD BILLION) 44

TABLE 24 LATIN AMERICA VIDEO ANALYTICS MARKET GROWTH BY TYPES, 2017-2023, Y-O-Y (%) 44

TABLE 25 LATIN AMERICA VIDEO ANALYTICS MARKET BY DEPLOYMENT MODEL, 2017-2023 (USD BILLION) 44

TABLE 26 LATIN AMERICA VIDEO ANALYTICS MARKET GROWTH BY DEPLOYMENT MODEL, 2017-2023, Y-O-Y (%) 45

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Products and Companies


Companies

IBM, Cisco, Honeywell, Agent Video Intelligence (Agent Vi), Axis Communication AB, Avigilon Corporation, and Others