The Intelligent Video Analytics Market size was valued at $41021 million in 2019, and is expected to reach $24,341.5 million in 2027, with a CAGR of 25% from 2019 to 2025. Video analysis is computer processing and automatic analysis of the generated video content. Collected or monitored during video surveillance. Large amounts of video data are generated through industrial video surveillance, city surveillance, social media and sites. Automates the video surveillance process by providing advanced benefits to users with cost savings and efficient service delivery.
A full report of Intelligent Video Analytics Market is available at: https://www.orionmarketreports.com/intelligent-video-analytics-market/43124/
COVID-19 impact
As the 2020 coronavirus’s impact on businesses in a variety of sectors is hindered, many video analytics vendors are adopting a variety of business and marketing strategies, including innovating their product portfolios and coming up with more advanced and suitable solutions based on customer needs. For example, in August 2020, AllGoVision launched AllSafe Video Analytics to increase the safety of people in office buildings, public spaces, industrial and all other public and private facilities due to the COVID-19 pandemic. In addition, in July 2020, one of the Intelligent Video Analytics Market leaders, Cisco Meraki announced its acquisition of Modcam to expand its capabilities in video analytics. Additionally, partnerships between video analytics vendors can help small businesses in this market protect themselves with advanced solutions that can be difficult to understand.
Market Segments
By Component Type
• Software
• Services
By Deployment Type
• On-Premise
• Cloud
By Organization Size
• Small & Medium Enterprise
• Large Enterprise
By Application
• Retail
• Healthcare
• BFSI
• Transportation & Logistics
• Government
• Manufacturing
• Mining
• Others
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Intelligent Video Analytics Market Report
• What was the Intelligent Video Analytics Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Intelligent Video Analytics Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Intelligent Video Analytics Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
