LONDON--(BUSINESS WIRE)--#Analytics--The video analytics market is expected to grow by USD 11.14 billion, progressing at a CAGR of almost 27% during the forecast period.
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The enhanced processing power of collected data is one of the major factors propelling the market growth. However, factors such as the shortage of skilled workers will hamper growth.
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Video Analytics Market: End-user Landscape
Based on the end-user, the government segment led the market in 2019. The growth of the segment is attributed to the need to improve and enhance the security of government and military facilities. The market growth in the segment will be significant over the forecast period.
Video Analytics Market: Geographic Landscape
By geography, APAC is going to have a lucrative growth during the forecast period. About 37% of the market�s overall growth is expected to originate from APAC. Factors such as growing preferences for IP cameras over analog cameras, the rising construction of smart cities, and the increasing adoption of SaaS-based video analytics are fostering the growth of the market in APAC. China is the key market for video analytics in APAC.
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Companies Covered:
- Agent Video Intelligence Ltd.
- AllGoVision Technologies Pvt. Ltd
- Axis Communications AB
- Cisco Systems Inc.
- Genetec Inc.
- Honeywell International Inc.
- Huawei Investment & Holding Co. Ltd.
- i2V Systems Pvt. Ltd
- International Business Machines Corp.
- Robert Bosch GmbH
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio�s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Government sector - Market size and forecast 2019-2024
- Commercial sector - Market size and forecast 2019-2024
- Banking and financial services - Market size and forecast 2019-2024
- Traffic management sector - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by End-user
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Volume drivers � Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Agent Video Intelligence Ltd.
- AllGoVision Technologies Pvt. Ltd
- Axis Communications AB
- Cisco Systems Inc.
- Genetec Inc.
- Honeywell International Inc.
- Huawei Investment & Holding Co. Ltd.
- i2V Systems Pvt. Ltd
- International Business Machines Corp.
- Robert Bosch GmbH
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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