Video Content Analytics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

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Video Content Analytics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Status : December, 2021 | Technology & Media

Report Digest


Global Video Content Analytics Market: Snapshot

The global security and surveillance industry is expanding at a massive pace and is transforming from legacy CCTV surveillance systems to fully digital, advanced network-based video surveillance systems. Historical shipment data reveals that over 2 bn security camera are operating across the world at any given time and the numbers are constantly rising. With this exponentially rise in camera numbers, the practice of making use of video data for effective surveillance is also rising. However, owing to the manual, error-prone, and resource-intensive process of surveillance, security managers are increasingly looking into ways of automating security detection and make better use of video data gathered from surveillance cameras. 

This need has birthed the video analytics technology, an automated, accurate, and efficient way to transform video content into actionable data about events captured on an incessant manner by video cameras. Owing to the limitless number of areas that video analytics can benefit, including the core field of surveillance and areas such as crime detection, prosecution, and prevention, to more specific areas such as smart transportation, marketing, and gaming, video content analytics is increasingly becoming a mainstream technology. 

In the next few years, the market is expected to witness expansion at a massive pace and a significant rise in areas of application. The video content analytics market is expected to witness the rise of many new companies and advanced solutions, leading this novel technology to the path of maturity on a global front.

Global Video Content Analytics Market: Brief Outline

With a vital role to play in the improvement of business intelligence and warranting public safety, the premium technology that is making a mark in the video content analytics (VCA) market is commonly adopted today. The intensifying application of the VCA technology in various domains could lay a robust foundation for a lasting progress of the global market. The most crucial application of VCA is the utilization of real time analysis for the conversion of simple data into actionable insights.

As per different categories such as application, software, and architecture, the global video content analytics market can be critically segmented to help the interested parties comprehend the overall progress of the market and make informed decisions.

The report further helps to analyze the video content analytics market based on geography by presenting the forecast and historic revenue figures of different regions and their countries. The analysts have drawn a clear competitive landscape of the market by extensively studying the core competencies and strategically profiling the key players in the industry.

Global Video Content Analytics Market: Trends and Opportunities

Amongst the popular growth drivers, the international video content analytics market is predicted to count its advancement on the aggressive adoption of network based video surveillance. The global video content analytics market is also anticipated to take advantage of the rising demand for security products. Besides this, there is an elevating concern about security not only in the residential but also commercial sectors. Companies prevailing in the industry are expected to leverage the opportunities birthed from such growing concerns. Physical security has not been able to largely impress its consumers, owing to which they have lost confidence and reduced their reliance on it.

The VCA technology, on the other hand, has become immensely popular by improving its adoption significantly and more importantly, at a decent pace. The VCA systems have been proven to be highly effective in increasing the value of operations, safety, and security when integrated with different software such as detection or recognition software. This has tremendously driven the global VCA market with extensive implementation in sensitive areas such as intrusion detection, motion detection, traffic management, and facial detection.

More opportunities are expected to arise from sectors such as retail and business intelligence, which require video analytics. Moreover, the network and IP video surveillance cameras are being made available in the market at declining prices. This is also deemed to considerably contribute toward the growth of the world video content analytics market.

Global Video Content Analytics Market: Geographical Evaluation

The North America region is anticipated to take the lead in the world video content analytics market in terms of share for the forecast period 2017–2025. The analysts foresee the region to rise at a healthy CAGR. The Europe video content analytics market could register a double-digit CAGR during the course of the forecast period. Asia Pacific is also predicted to advance at a towering CAGR on the back of a faster growth propelled from a large population base and several infrastructure projects. The major geographies listed under this region are India, China, Japan, South Korea, and Rest of Asia Pacific. The global market is foretold to stretch its expanse also in the Middle East and Africa region.

Global Video Content Analytics Market: Competitive Scenario

Out of the key players existing in the international video content analytics market, Cisco (U.S.), ADT security (U.S.), HikVision Digital (China), Avigilon corporation (U.S,), Verint Systems (U.S.), Mobotix (Germany), VCA Technology (U.K.), Bosch security system (Germany), and Allgo Vision (India) are envisaged to make their presence known. The competitive scenario of the global market is extensively studied in the publication so as to help businesses analyze the strategies, mergers and acquisitions, and other important aspects of the top players in the industry.

The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.

TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.

TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.

5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?