Video Content Analytics Market, Drive & Size, Business Trends, COVID – 19 Outbreak || VCA Technology
Market Scenario:
The Video Content Analytics Market is predicted to increase its market growth by USD
3.34 Billion for the year 2018. In the forecast year of 2025, the global market
has expectations to meet at USD 12.87 Billion. This is considered that the
global market has predicted to meet at 21.71% CAGR in the forecast period of
2019 to 2025. The Content Analytics
Industry is offering video content
analytics (VCA) for better situation awareness, such as safety, security, flame,
and smoke detection. In the security industry, video content analytics is
used widely as it has VDO analyzing capability.
Various
sectors like residential, industrial,
infrastructure, institutional and
commercial are adopting video content analytics (VCA) in their applications,
which is driving the Content
Analytics Industry’s growth. Advanced
video analytics consists of dashboard visualization, video investigations, near
real-time, and forensic video analysis to secure the public and private
facilities and help law enforcement. The Video
Content Analytics Industry is
offering various applications to its users, such as automatic number plate
recognition (ANPR), intrusion, crowd or traffic management, facial
recognition, and incident or motion or intrusion detection.
The
video content analytics Software
market is increasing its growth due
to the incorporation of various software like operations, enhancing safety,
security, and detection software or recognition software
with the advantages of VCA technology. Moreover, the Video Content Analytics Market is increasing popularity due to the increasing
security concern among the people. The global market has potential opportunities
because of the COVID-19 compliance and business safety. Further, the global
market might experience restraints due to the lack of awareness, high
cost, and privacy issues.
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Competitive
Outlook:
Leading
players profiled in the global video content analytics market report include
VCA Technology Ltd. (UK), Ipsotek Ltd (UK), HikVision Digital (China), MOBOTIX
AG (Germany), Bosch Security (US), KiwiSecurity Software GmbH (Austria),
Gorilla Technology Group (Taiwan), PureTech Systems Inc. (US), intuVision, Inc.
(US), Intellivision (US), Verint (US), Genetec Inc. (Canada), Aventura
Technologies, Inc. (US), Agent Video Intelligence Ltd (US), IBM Corporation
(US), Honeywell International Inc. (US), Cisco Systems Inc. (US), Axis
Communications (Sweden), and Avigilon Corporation (Canada).
Segmental Overview
The
Video Content Analytics Market is segmented into application, vertical,
type, deployment, and architecture. Based on the deployment segment, the global
market is divided into two such as on-cloud and on-premise. These two
deployments are playing an important role in developing the video content analytics Software market value. According to the type segment, the global market
is categorized into two types such as services and solutions.
Further, the service segment has been sub-categorized into professional service
and managed service.
According
to the architecture segment, the video
content analytics (vca) market is
divided into edge-based and server-based. Further, the edged-based VCA segment
is including embedded VCA IP cameras and sales of VCA software, which is
expected to grow at a high CAGR and the largest revenue generation for the
forecast period. On the other hand, the servers-based VCA segment is also aimed
to generate a higher market share during the forecast period. The global market
is classified into automatic number plate recognition (ANPR), intrusion
management, crowd management, incident detection, traffic
monitoring, facial recognition, and others based on the application segment.
These applications are enhancing the market growth by understanding the demands
of the customers or users. The global market is divided into manufacturing,
transportation and logistics, government, retail, BFSI, healthcare, hospitality
and entertainment, and others based on the vertical segment. These verticals
play an important role in boosting the productivity and supply of the video content analytics (vca) market.
Regional
Analysis:
According to regional
classification, the Video Content
Analytics Industry has various
services across the regions. These regions are South America, Europe,
Asia-Pacific, North America, and the rest of the world. Among all these
regions, North America has dominance over the global market. European countries
are driving the market share for the forecast year. Along with that Asian
Pacific region is ranking in the third position to enhance the market value and
size.
Industry News
The global COVID pandemic
has affected the video content
analytics Software market’s supplies,
transportations, productivity, and others. However, the key market players have
adopted various techniques and strategies to better develop the global market.
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
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List of Tables
Table1 Global Video
Content Analytics Market, By Country, 2020-2027
Table2 North America:
Video Content Analytics, By Country, 2020-2027
Table3 Europe: Video
Content Analytics. By Country, 2020-2027
Continued…
List of Figures
FIGURE 1 Global Video
Content Analytics Market Segmentation
FIGURE 2 Forecast
Methodology
FIGURE 3 Porter’s Five
Forces Analysis of The Global Video Content Analytics Market
Continued…
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