Video Content Analytics Market Research Report - COVID – 19 Impact Outbreak
Global Video Content Analytics Market is estimated to grow from USD 3.34 Billion in 2018 to USD 12.87 Billion by 2025, expanding at 21.71% CAGR
Global Video Content Analytics Market is estimated to grow from USD 3.34 Billion in 2018 to USD 12.87 Billion by 2025, expanding at 21.71% CAGR during the assessment period (2020–2027).
Video content analytics (VCA) is a VDO analyzing capability widely used in the security industry for better situation awareness, such as flame & smoke detection, safety, and security. VCA finds its application in numerous sectors, including commercial, residential, industrial, infrastructure, and institutional. The data generated by IP CCTV cameras are used for data analysis to process, categorize, and analyze the objects and activities captured. These algorithms can be implemented as software on general-purpose machines or embedded in the IP CCTV camera’s video processing units.
Advanced video analytics, including near real-time and forensic video analysis, dashboard visualization, video investigations, helps law enforcement and security teams keep public and private facilities secure with near real-time, actionable data from video content. The combined solution enhances these organizations’ ability to protect lives and property in remote locations and cities equally, including critical infrastructure from dams and power plants to oil refineries and transportation systems.
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The prominent players of the global video content analytics market that are profiled in the report by MRFR are ADT security (the U.S.), Avigilon corporation (the U.S,), Cisco (the U.S.), HikVision Digital (China), Mobotix (Germany), Verint Systems (the U.S.), Allgo Vision (India), Bosch security system (Germany), and VCA Technology (the U.K.) among others.
The global video content analytics market has been segmented on the basis of software, architecture and application. Based on software, the video content analytics market is segmented into detection, recognition, license plate recognition and others. Based on architecture, the video content analytics market is segmented into server and edge. Based on application, the video content analytics market is segmented into government, commercial and transport and logistics.
Geographically, the global video content analytics market is segmented into North America, Europe, Asia Pacific (APAC) and the rest of the world (ROW). The North America region accounts for the maximum share in the global video content analytics market owing to the rise in demand for advanced surveillance system as a result of increased security threats and crime rate in this region.
The video content analytics market in the Asia Pacific region is growing significantly due to the increasing incorporation of video content analytics technology in various government operations and traffic management systems. The recent technological developments have led to the incorporation of video content analytics technology with artificial intelligence, which in turn is fueling the growth of video content analytics market in the Europe region.
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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
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
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