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Table of Contents
Video Surveillance & Analytics is a practice of using software algorithms to detect, classify, and track objects or persons. Advanced video analytics includes object, size, speed, trajectory, aspect ratio and/or license plate numbers. The information generated with these Advanced video analytics in known as Metadata and can be used in future. Analytics in video Surveillance can be implemented as software or hardware. It can be either implemented on camera or through centralized in the video processing systems such as Servers or DVD. Video Surveillance and Analytics are particularly advantageous for remote locations with limited bandwidth, as it offers effective Surveillance solution without requiring additional servers.
Some of the benefits of using Video Surveillance and Analytics are:
The Report offers clear insight into Video Surveillance and Analytics Market, the commercial segment is expected to grow at a high CAGR in 2023-24. In order to make business more secure from threat and inventory loss demand for Video Surveillance and Analytics id increasing in small and large retailers. In the corporate segment hospitals, clinics, banks, restaurants prefer video surveillance systems to provide security to premises and monitoring customer and staff activities.
The study covers a detailed analysis, growth and forecast of the Video Surveillance & Analytics Market. The report includes market analysis on regional level. The study covers historical data analysis from 2018 to 2023 and market forecast for 2024 to 2030 based on revenue generated. The study includes market value in terms of revenue in billion USD for years 2018-2030 and compound annual growth rate (CAGR) in % from 2024 to 2030.Growth of market is primarily driven by North America, Europe, China, India, Middle East and Brazil.
Study offers clear view on competition analysis that includes major player analysis, market share, growth rate and market attractiveness. The competitive landscape in the report offers detailed profiles of the key players in Video Surveillance & Analytics Market. The report also covers financial overview, market strategies, new product analysis and marketing trends. Precise Competitive analysis helps businesses to build new product strategies.
The Report on Video Surveillance & Analytics Market helps users to make precise decision to expand their market presence and increase their market share.
Global Video Surveillance & Analytics Market: Product Type
Global Video Surveillance & Analytics Market: Industries Covered
Global Video Surveillance & Analytics Market : Companies Covered
Global Video Surveillance & Analytics Market: Regional Analysis
Global Video Surveillance & Analytics Market Report Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2024 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2024) |
USD 66720 million |
Forecast Value (2031) |
USD 140277.99 million |
CAGR (2025-2030) |
11.2 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Video Surveillance & Analytics Market Report was valued at around USD 66720 million in 2023 & estimated to reach USD 140277.99 million by 2030.
Video Surveillance & Analytics Market Report is likely to grow at Compound Annual Growth Rate (CAGR) of 11.2% between 2024 to 2030.
Video Surveillance & Analytics Market Report is dominated by the Commercial segment and the North America region holds the highest market share in 2023.
Some of the top key players in the Video Surveillance & Analytics Market Report are Axis Communications,Bosch Security Systems,Brivo Systems,EMC Corp,Aimetis Corp,Cernium Corp,Cisco,Intellivision,Nice Systems,Pelco,Synesis,Indigovision Group,Mirasys,Tulip Telecom,Verint Systems,VideoIQ,Lumenera,Sightlogix,Vidsys,Vumi.
Primary driving factors for the growth of the Video Surveillance & Analytics Market Report include Rising demand from the Industrial and Transportation sector.
Yes, the report includes COVID 19 impact on the market.
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