Video content analytics helps to extract structured information via the analysis of data stream/images from CCTV (closed-circuit television) cameras. The VCA technology utilizing algorithms offers real-time analysis of video footage together with instant detection of any event of interest. It has wide applications in logistics, commercial and transport, and government.
The global Video Content Analytics Industry is predicted to touch USD 12.87 billion at a 21.71% CAGR between 2019- 2025 states the recent Market Research Future (MRFR) analysis.
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.
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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).
The MRFR provides an inclusive segmental analysis of the global video content analytics market based on application, architecture, and software.
By software, the global video content analytics market is segmented into license plate recognition, recognition, detection, and others.
By architecture, the global video content analytics market is segmented into edge and server.
By application, the global video content analytics market is segmented into logistics, commercial and transport, and government.
The global video content analytics market in the MEA is predicted to have sound growth over the forecast period.
By region, the global video content analytics market report covers the recent trends and growth opportunities across North America, the Asia Pacific (APAC), Europe, & the Middle East and Africa (MEA). Of these, North America will have a major share in the market over the forecast period. Early technology adoption and the presence of key players are adding to the global video content analytics market growth in the region.
The global video content analytics market in Europe is predicted to hold the second-largest share over the forecast period. Rising use of IP based cameras and video analytics technology in European countries and growing use of cloud-based solutions are adding to the global video content analytics market growth in the region.
The global video content analytics market in the APAC region is predicted to grow at a fast pace over the forecast period. Growing government investments to provide better security and burgeoning demand for video content analytics solutions in enterprises are adding to the global video content analytics market growth in the region.
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
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
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