Video Analytics Market Share, Size and Forecast By 2027

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Behavioral Biometrics Market
GLOBAL OPPORTUNITY AND FORECAST 2020- 2027
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Video Analytics Market Analyst Review
The video analytics market in Asia-Pacific is
projected to grow at a significant rate during
the forecast period, owing to increase in
internet penetration, rise in proliferation of
video cameras for surveillance as well as
security reasons, increasing investment on smart
city projects and strong economic growth in
emerging economies.. Vishwa Gaul Research
Analyst, ICT at Allied Market Research
 
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CURRENT AND FUTURE MARKET SCENARIO

• The global video analytics market was valued at
  4.10 billion in 2019 and is projected to reach
  20.80 billion by 2027.
• The global video analytics market growing at a
  CAGR of  22.7 from 2020 to 2027. 
• Based on deployment type, the cloud segment is
  expected to exhibit significant growth rate in
  the global video analytics market size during the
  forecast period. The growth of this segment is
  mainly attributed to low investment, ease of use,
  and low maintenance cost.
• Based on organization size, the large enterprises
  segment generated the highest revenue for video
  analytics market share in 2019, the growth in
  need to safeguard data along with rise in
  awareness of security events boosts the growth of
  the market across large enterprises.
• Rise in need for video surveillance drives the
  demand for video analytics across numerous
  industries such as government public sector,
  BFSI, retail, airports, manufacturing, and others.

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TOP IMPACTING FACTORS TO MARKET GROWTH

• Increase in demand for IP-based security cameras.
• Growth in concern over public safety and
  security.
• Rise in volume of unstructured video data.

Based on component, the software segment
dominated the overall video analytics market size
in 2019 and is expected to remain dominant during
the forecast period. Also, the services segment
is expected to exhibit significant growth rate
due to increase in adoption of digital
technologies across the various industries and
need to provide enhanced services.
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Video Analytics Market Segmentation

• By Component
• Software
• Service

• By Organization Size
• Small Medium Enterprise
• Large Enterprise

• By Deployment Model
• On-premise
• Cloud-based

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The software segment dominated the overall
digital signature market, in terms of revenue,
and is projected to grow high during the forecast
period.
Based on application, the retail sector dominated
the overall market in 2019 and is expected to
exhibit significant growth during the forecast
period.
cloud segment is expected to exhibit significant
growth rate in the global video analytics market
size during the forecast period.
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GEOGRAPHICAL OVERVIEW

• Based on region, it is analyzed across North
  America, Europe, Asia-Pacific, and LAMEA.
• North America dominated the overall video
  analytics market in 2019 and is expected to
  remain dominant during the forecast period
• Asia-Pacific is expected to exhibit the highest
  growth rate throughout the forecast period.

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DOMINATING MARKET PLAYERS PROFILED IN THE STUDY

• AllGoVision Technologies Pvt. Ltd.
• Aventura Technologies, Inc.
• Axis Communications AB
• Cisco Systems, Inc.
• Honeywell International, Inc.
• IBM Corporation
• Intellivision
• PureTech Systems, Inc.
• Verint Systems, Inc.
• Quognify

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A Report Titled Video Analytics Market -
Opportunities And Forecast, 2017 2023 has been
recently published by Allied Market Research. It
makes an In-depth Analysis of current trends,
drivers, and restraining factors that affect
Financial Ratios relevant to the industry.
Company profiles for key vendors in business
builds a comprehensive picture of profitable
opportunities from Stakeholders Perspective. To
Know More About Video Analytics Market -
Opportunities and Forecast 2020-2027 Access Full
Summery Report https//www.alliedmarketresearch.c
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