Technavio Predicts 27% CAGR growth in Global Video Analytics Market During 2020-2024 | APAC to Emerge as Key Region

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.

Click & Get Free Sample Report in Minutes

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.

More details: https://www.technavio.com/report/video-analytics-market-industry-analysis

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.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Related Reports on Information Technology Include:

Global Streaming Analytics Market – Global streaming analytics market segmentation by deployment (cloud and on-premise) and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report

Global Analytics Market – Global analytics market segmentation by end-user (BFSI, manufacturing, retail, healthcare, and others) and geography (North America, Europe, APAC, MEA, and South America). Click Here to Get an Exclusive Free Sample Report

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.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio’s SUBSCRIPTION platform

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

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: media@technavio.com
Website: www.technavio.com/