Summary

Video Analytics Market Size, Share, and Analysis, By Type (Software and Services), By Deployment (Cloud and On-premise), By Application (Crowd Management, Facial Recognition, Intrusion Detection, License Plate Recognition, Motion Detection, and Others), By End User (BFSI, Education, Government, Retail, Critical Infrastructure, Transportation, and Others), By Region (North America, Europe, Asia-Pacific, And Rest of the World), And Regional Forecast 2024-2034

PRODUCT OVERVIEW
Video Analytics Market is anticipated to grow at a CAGR of 24.3% in the forecast period (2024-2034), with the market size valued at USD 8 billion in 2023 and projected to reach USD 87.8 billion by 2034.
Video analytics refers to the use of advanced algorithms and technologies to analyze and interpret video content. This technique involves the collection of valuable insights, patterns, and data from video footage to help with operational improvements, security upgrades, and process optimization. In addition, video analytics systems use several technologies such as object detection, facial recognition, and activity tracking to identify and categorize things and events in video streams. Moreover, video analytics offer various benefits such as real-time monitoring, anomaly detection, and better resource allocation. Therefore, by using the vast volumes of video data generated by cameras and other sources, organizations can gather valuable insights to simplify their operations and raise situational awareness.

MARKET HIGHLIGHTS
Video analytics market is projected to reach USD 87.8 billion, growing at a CAGR of 24.3% during the forecast period, owing to the rising demand for advanced video surveillance solutions across various sectors. The expansion of the video analytics market is attributed to several factors such as the high production of IoT devices, growing security concerns, and the need for actionable data. Additionally, industries such as retail, transportation, and healthcare, are actively using video analytics solutions to improve operations and enhance customer experience. Furthermore, emerging economies are becoming key players in the video analytics market due to infrastructure development and urbanization trends across these nations. Therefore, the video analytics market will witness substantial expansion owing to constant technological innovations and the widening scope of applications across industries.

Video Analytics Market Segments:
• By Type
o Software
o Services
• By Deployment
o Cloud
o On-premise
• By Application
o Crowd Management
o Facial Recognition
o Intrusion Detection
o License Plate Recognition
o Motion Detection
o Others
• By End User
o BFSI
o Education
o Government
o Retail
o Critical Infrastructure
o Transportation
o Others

MARKET DYNAMICS
Growth Drivers
Technological Developments in AI and ML Will Impact the Market's Expansion
Growing Demand for Stronger Security Solutions has Contributed to Higher Market Growth
Restraint
Video Analytics is Significantly Hampered by Privacy and Ethical Concerns

Key Players
• Bromic Heating
• Honeywell International Inc.
• IBM Corporation
• Axis Communications AB
• Motorola Solutions
• Bosch Security Systems
• Cisco Systems, Inc.
• Genetec Inc.
• Verint Systems Inc.
• Hanwha Techwin Co., Ltd.
• VCA Technology (Qognify)
• Agent Video Intelligence Ltd.
• IntelliVision Technologies Corp.
• PureTech Systems Inc.
• Aventura Technologies, Inc.
• i2v System Pvt. Ltd.
• Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:
• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 3-month post-sales analyst support.

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Table of Contents

1.Executive Summary
1.1. Regional Market Share
1.2.Business Trends
1.3. Video Analytics Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. Research Methodology
2.1.Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4.Primary Research
2.5.Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. Market Characteristics
3.1.Market Definition
3.2.Video Analytics Market: COVID-19 Impact
3.3. Key Segmentations
3.4.Key Developments
3.5.Allied Industry Data
4.Video Analytics Market – Industry Insights
4.1. Industry Segmentation
4.2.COVID-19 overview of world economy
4.3.Industry Ecosystem Channel Analysis
4.4.Innovation & Sustainability
5. Macroeconomic Indicators
6. Recent Developments
7. Market Dynamics
7.1.Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4.Market Restraints
7.5. Market Trends
8.Risk Analysis
9. Market Analysis
9.1.Porter's Five Forces
9.2. PEST Analysis
9.2.1.Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10.Video Analytics Market
10.1.Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. Video Analytics Market Size & Forecast 2024A-2034F
11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
11.3.1. By Type
11.3.1.1. Software
11.3.1.1.1.By Value (USD Million) 2024-2034F
11.3.1.1.2. Market Share (%) 2024-2034F
11.3.1.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.2.Services
11.3.1.2.1. By Value (USD Million) 2024-2034F
11.3.1.2.2.Market Share (%) 2024-2034F
11.3.1.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.2. By Deployment
11.3.2.1.Cloud
11.3.2.1.1. By Value (USD Million) 2024-2034F
11.3.2.1.2.Market Share (%) 2024-2034F
11.3.2.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.2. On-PremiseOn Premise
11.3.2.2.1.By Value (USD Million) 2024-2034F
11.3.2.2.2. Market Share (%) 2024-2034F
11.3.2.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.3. By Application
11.3.3.1.Crowd Management
11.3.3.1.1. By Value (USD Million) 2024-2034F
11.3.3.1.2.Market Share (%) 2024-2034F
11.3.3.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.3.2. Facial Recognition
11.3.3.2.1.By Value (USD Million) 2024-2034F
11.3.3.2.2. Market Share (%) 2024-2034F
11.3.3.2.3. Y-o-Y Growth (%) 2024-2034
11.3.3.3. Intrusion Detection
11.3.3.3.1.By Value (USD Million) 2024-2034F
11.3.3.3.2. Market Share (%) 2024-2034F
11.3.3.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.4. License Plate Recognition
11.3.3.4.1.By Value (USD Million) 2024-2034F
11.3.3.4.2. Market Share (%) 2024-2034F
11.3.3.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.5. Motion Detection
11.3.3.5.1.By Value (USD Million) 2024-2034F
11.3.3.5.2. Market Share (%) 2024-2034F
11.3.3.5.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.6. Others
11.3.3.6.1.By Value (USD Million) 2024-2034F
11.3.3.6.2. Market Share (%) 2024-2034F
11.3.3.6.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.By End User
11.3.4.1.BFSI
11.3.4.1.1. By Value (USD Million) 2024-2034F
11.3.4.1.2.Market Share (%) 2024-2034F
11.3.4.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.4.2. Education
11.3.4.2.1.By Value (USD Million) 2024-2034F
11.3.4.2.2. Market Share (%) 2024-2034F
11.3.4.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.3. Government
11.3.4.3.1.By Value (USD Million) 2024-2034F
11.3.4.3.2. Market Share (%) 2024-2034F
11.3.4.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.4.Retail
11.3.4.4.1.By Value (USD Million) 2024-2034F
11.3.4.4.2. Market Share (%) 2024-2034F
11.3.4.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.5. Critical Infrastructure
11.3.4.5.1.By Value (USD Million) 2024-2034F
11.3.4.5.2. Market Share (%) 2024-2034F
11.3.4.5.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.6. Transportation
11.3.4.6.1.By Value (USD Million) 2024-2034F
11.3.4.6.2. Market Share (%) 2024-2034F
11.3.4.6.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.7. Others
11.3.4.7.1.By Value (USD Million) 2024-2034F
11.3.4.7.2. Market Share (%) 2024-2034F
11.3.4.7.3. Y-o-Y Growth (%) 2024-2034F
12.North America Video Analytics Market Size & Forecast 2024A-2034F
12.1.Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Type
12.3.2.By Deployment
12.3.3.By Application
12.3.4. By End User
12.4. Country
12.4.1. United States
12.4.2. Canada
13.Europe Video Analytics Market Size & Forecast 2024A-2034F
13.1.Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1.By Type
13.3.2.By Deployment
13.3.3.By Application
13.3.4. By End User
13.4.Country
13.4.1.Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14.Asia-Pacific Video Analytics Market Size & Forecast 2024A-2034F
14.1. Overview
14.2. Key Findings
14.3.Market Segmentation
14.3.1.By Type
14.3.2. By Deployment
14.3.3. By Application
14.3.4. By End User
14.4. Country
14.4.1.India
14.4.2. China
14.4.3. South Korea
14.4.4.Japan
14.4.5.Rest of APAC
15.Middle East and Africa Video Analytics Market Size & Forecast 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1.By Type
15.3.2.By Deployment
15.3.3.By Application
15.3.4. By End User
15.4.Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4.South Africa
15.4.5. Rest of Middle East and Africa
16. Latin America Video Analytics Market Size & Forecast 2024A-2034F
16.1.Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Type
16.3.2.By Deployment
16.3.3.By Application
16.3.4. By End User
16.4.Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17. Competitive Landscape
17.1.Company market share, 2023
17.2. Key player overview
17.3. Key stakeholders
18. Company Profiles
18.1.Honeywell International Inc.
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2.Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. IBM Corporation
18.3. Axis Communications AB
18.4. Motorola Solutions
18.5. Bosch Security Systems
18.6. Cisco Systems, Inc.
18.7. Genetec Inc.
18.8. Verint Systems Inc.
18.9. Hanwha Techwin Co., Ltd.
18.10.VCA Technology (Qognify)
18.11.Agent Video Intelligence Ltd.
18.12. IntelliVision Technologies Corp.
18.13. PureTech Systems Inc.
18.14.Aventura Technologies, Inc.
18.15. i2v System Pvt. Ltd.
18.16. Other Prominent Players
19. Appendix
20.Consultant Recommendation