GLOBAL VIDEO ANALYTICS MARKET 2021-2028

ICT | Security

GLOBAL VIDEO ANALYTICS MARKET 2021-2028

Market By Deployment, Software Types, Application, And Geography | Forecast 2021-2028

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Triton’s research report has concluded that the global video analytics market is anticipated to showcase an upward trend in revenue, growing at a CAGR of 16.05% during the examined period 2021-2028. The market accounted for $4235.82 million in 2020, and is projected to reach $11121.01 million by 2028.

The video analytics market comprises software implemented to analyze a video to attain specific information. Due to machine learning and artificial intelligence technologies, the computer’s ability to identify objects has enhanced significantly. Here, as computers are more precise and quicker than humans, this ability helps gain valuable insights or pinpoint an event in a video. Hence, video analytics incorporated in surveillance cameras enables close inspection, reducing the need for human labor. For instance, video analytics help in license plate recognition, smart parking, and consumer behavior analysis.


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Triton Market Research’s report on the video analytics market offers a detailed analysis of the key insights, Porter’s five forces analysis, market attractiveness index, vendor scorecard, and impact of COVID-19 on the market.

Furthermore, the studied market is driven by increased installations of video surveillance cameras, rising benefits offered by video analytics solutions, and a surge in the need for surveillance at public places. Globally, the deployment of surveillance cameras, especially IP cameras, is growing. This is owing to the rising adoption of surveillance systems by governments, residents, and corporates to increase security in the premises. Besides, the growing threats, such as terrorist attacks and robberies, are surging the demand for such devices. Here, the benefits offered by video analytics have encouraged vendors to incorporate this software into their surveillance systems, thereby fueling the growth of the video analytics market.

Additionally, locating suitable parking spaces is complex, posing a significant challenge for the people. In such a scenario, object detection software in the surveillance systems helps identify vacant spots, guiding the driver to spot ideal parking space without hassle.

However, the installation cost of video analytics solutions is high. Along with this, several countries have put up stringent laws to protect user privacy. Thus, the high cost of setup and support hardware, privacy concerns, and lack of awareness are key challenges faced by the global market.



Major geographies covered in the video analytics market are:

•           North America: United States and Canada

•           Europe: United Kingdom, Germany, France, Spain, Italy, Russia, and Rest of Europe

•           Asia-Pacific: China, Japan, India, South Korea, ASEAN Countries, Australia & New Zealand, and Rest of Asia-Pacific

•           Latin America: Brazil, Mexico, and Rest of Latin America

•           Middle East and Africa: United Arab Emirates, Israel, Saudi Arabia, South Africa, and Rest of Middle East & Africa

The global video analytics market, in this report, is segmented as:

•           Market by Deployment:

           o          On-premises

           o          Cloud

•           Market by Software Types:

           o          Detection Software

                      •          Motion Detection Software

                      •          Object Detection Software

                      •          Other Detection Software

           o          Recognition Software

                      •          License Plate Recognition Software

                      •          Facial Recognition Software

           o          Crowd Management Software

•           Market by Application:

           o          Government

           o          Commercial

           o          Transport & Logistics

           o          Others Applications

Major players engaged in the global video analytics market are Bosch GmbH, Genetec, Intellivision, Mobotix, Cisco, Hikvision, ADT Corporation, Honeywell, i2V, Huawei, Axis Communications, Gorilla Technology, Dahua, Verint, and IBM. 

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Table of Content

1. GLOBAL VIDEO ANALYTICS MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. KEY INSIGHTS

2.1.1. UNDERSTANDING RETAIL CONSUMER BEHAVIOUR USING VIDEO ANALYTICS

2.1.2. DEEP LEARNING CREATING REVOLUTIONARY VIDEO ANALYTICS SOLUTIONS

2.1.3. GROWTH IN SMART CITIES

2.2. IMPACT OF COVID-19 ON VIDEO ANALYTICS MARKET

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTE

2.3.3. BARGAINING POWER OF SUPPLIERS

2.3.4. BARGAINING POWER OF BUYERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS MATRIX

2.5. VENDOR SCORECARD

2.6. KEY MARKET STRATEGIES

2.6.1. CONTRACTS & PARTNERSHIPS

2.6.2. BUSINESS EXPANSIONS & DIVESTITURES

2.6.3. ACQUISITIONS & MERGERS

2.6.4. NEW PRODUCT LAUNCHES

2.7. MARKET DRIVERS

2.7.1. GROWTH IN THE INSTALLATION OF SURVEILLANCE CAMERAS

2.7.2. SECURITY BENEFITS OFFERED BY VIDEO ANALYTICS SOLUTIONS

2.7.3. INCREASED SURVEILLANCE NEEDS FOR PUBLIC SAFETY

2.8. MARKET CHALLENGES

2.8.1. HIGH COST OF SETUP AND SUPPORT HARDWARE

2.8.2. PRIVACY CONCERNS

2.8.3. LACK OF AWARENESS

2.9. MARKET OPPORTUNITIES

2.9.1. INCREASED APPLICATIONS IN HEALTHCARE INDUSTRY

2.9.2. GROWTH IN DRONE VIDEO SURVEILLANCE

2.9.3. HIGH DEMAND FROM SPORTS INDUSTRY

2.9.4. APPLICATIONS IN SMART PARKING

3. GLOBAL VIDEO ANALYTICS MARKET - BY DEPLOYMENT

3.1. ON-PREMISES

3.2. CLOUD

4. GLOBAL VIDEO ANALYTICS MARKET - BY SOFTWARE TYPES

4.1. DETECTION SOFTWARE

4.1.1. MOTION DETECTION SOFTWARE

4.1.2. OBJECT DETECTION SOFTWARE

4.1.3. OTHER DETECTION SOFTWARES

4.2. APPLICATIONS OF DETECTION SOFTWARE

4.3. RECOGNITION SOFTWARE

4.3.1. LICENSE PLATE RECOGNITION SOFTWARE

4.3.2. FACIAL RECOGNITION SOFTWARE

4.4. APPLICATIONS OF RECOGNITION SOFTWARE

4.5. CROWD MANAGEMENT SOFTWARE

4.6. APPLICATIONS OF CROWD MANAGEMENT SOFTWARE

5. GLOBAL VIDEO ANALYTICS MARKET - BY APPLICATION

5.1. GOVERNMENT

5.2. GOVERNMENT APPLICATION BY SOFTWARE TYPE

5.3. COMMERCIAL

5.4. COMMERCIAL APPLICATION BY SOFTWARE TYPE

5.5. TRANSPORT & LOGISTICS

5.6. TRANSPORT & LOGISTICS APPLICATION BY SOFTWARE TYPE

5.7. OTHER APPLICATIONS

5.8. OTHER APPLICATION BY SOFTWARE TYPE

6. GLOBAL VIDEO ANALYTICS INDUSTRY - REGIONAL OUTLOOK

6.1. NORTH AMERICA

6.1.1. MARKET BY DEPLOYMENT

6.1.2. MARKET BY SOFTWARE TYPES

6.1.2.1. MARKET BY DETECTION SOFTWARE

6.1.2.2. MARKET BY RECOGNITION SOFTWARE

6.1.3. MARKET BY APPLICATION

6.1.4. COUNTRY ANALYSIS

6.1.4.1. UNITED STATES

6.1.4.2. CANADA

6.2. EUROPE

6.2.1.   MARKET BY DEPLOYMENT

6.2.2.   MARKET BY SOFTWARE TYPES

6.2.2.1. MARKET BY DETECTION SOFTWARE

6.2.2.2. MARKET BY RECOGNITION SOFTWARE

6.2.3.   MARKET BY APPLICATION

6.2.4.   COUNTRY ANALYSIS

6.2.4.1. UNITED KINGDOM

6.2.4.2. GERMANY

6.2.4.3. FRANCE

6.2.4.4. SPAIN

6.2.4.5. ITALY

6.2.4.6. RUSSIA

6.2.4.7. REST OF EUROPE

6.3. ASIA-PACIFIC

6.3.1.   MARKET BY DEPLOYMENT

6.3.2.   MARKET BY SOFTWARE TYPES

6.3.2.1. MARKET BY DETECTION SOFTWARE

6.3.2.2. MARKET BY RECOGNITION SOFTWARE

6.3.3.   MARKET BY APPLICATION

6.3.4.   COUNTRY ANALYSIS

6.3.4.1. CHINA

6.3.4.2. JAPAN

6.3.4.3. INDIA

6.3.4.4. SOUTH KOREA

6.3.4.5. ASEAN COUNTRIES

6.3.4.6. AUSTRALIA & NEW ZEALAND

6.3.4.7. REST OF ASIA-PACIFIC

6.4. LATIN AMERICA

6.4.1. MARKET BY DEPLOYMENT

6.4.2. MARKET BY SOFTWARE TYPES

6.4.2.1. MARKET BY DETECTION SOFTWARE

6.4.2.2. MARKET BY RECOGNITION SOFTWARE

6.4.3. MARKET BY APPLICATION

6.4.4. COUNTRY ANALYSIS

6.4.4.1. BRAZIL

6.4.4.2. MEXICO

6.4.4.3. REST OF LATIN AMERICA

6.5. MIDDLE EAST AND AFRICA

6.5.1. MARKET BY DEPLOYMENT

6.5.2. MARKET BY SOFTWARE TYPES

6.5.2.1. MARKET BY DETECTION SOFTWARE

6.5.2.2. MARKET BY RECOGNITION SOFTWARE

6.5.3. MARKET BY APPLICATION

6.5.4. COUNTRY ANALYSIS

6.5.4.1. UNITED ARAB EMIRATES

6.5.4.2. ISRAEL

6.5.4.3. SAUDI ARABIA

6.5.4.4. SOUTH AFRICA

6.5.4.5. REST OF MIDDLE EAST & AFRICA

7. COMPETITIVE LANDSCAPE

7.1. ADT CORPORATION

7.2. AXIS COMMUNICATIONS

7.3. BOSCH GMBH

7.4. CISCO

7.5. DAHUA

7.6. GENETEC

7.7. GORILLA TECHNOLOGY

7.8. HIKVISION

7.9. HONEYWELL

7.10. HUAWEI

7.11. I2V

7.12. IBM

7.13. INTELLIVISION

7.14. MOBOTIX

7.15. VERINT

8. METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.2. SOURCES OF DATA

8.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: GLOBAL VIDEO ANALYTICS MARKET, BY REGIONAL OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 2: MARKET ATTRACTIVENESS MATRIX

TABLE 3: VENDOR SCORECARD

TABLE 4: LIST OF CONTRACTS & PARTNERSHIPS

TABLE 5: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

TABLE 6: LIST OF ACQUISITIONS & MERGERS

TABLE 7: LIST OF NEW PRODUCT LAUNCHES

TABLE 8: GLOBAL VIDEO ANALYTICS MARKET, BY DEPLOYMENT, 2021-2028 (IN $ MILLION)

TABLE 9: GLOBAL VIDEO ANALYTICS MARKET, BY SOFTWARE TYPES, 2021-2028 (IN $ MILLION)

TABLE 10: GLOBAL VIDEO ANALYTICS MARKET, BY DETECTION SOFTWARE, 2021-2028 (IN $ MILLION)

TABLE 11: GLOBAL DETECTION SOFTWARE MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 12: GLOBAL VIDEO ANALYTICS MARKET, BY RECOGNITION SOFTWARE, 2021-2028 (IN $ MILLION)

TABLE 13: GLOBAL RECOGNITION SOFTWARE MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 14: GLOBAL CROWD MANAGEMENT SOFTWARE MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 15: GLOBAL VIDEO ANALYTICS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 16: GLOBAL GOVERNMENT MARKET, BY SOFTWARE TYPES, 2021-2028 (IN $ MILLION)

TABLE 17: GLOBAL COMMERCIAL MARKET, BY SOFTWARE TYPES, 2021-2028 (IN $ MILLION)

TABLE 18: GLOBAL TRANSPORT & LOGISTICS MARKET, BY SOFTWARE TYPES, 2021-2028 (IN $ MILLION)

TABLE 19: GLOBAL OTHER APPLICATIONS MARKET, BY SOFTWARE TYPES, 2021-2028 (IN $ MILLION)

TABLE 20: GLOBAL VIDEO ANALYTICS MARKET, BY REGIONAL OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 21: NORTH AMERICA VIDEO ANALYTICS MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 22: NORTH AMERICA VIDEO ANALYTICS MARKET, BY DEPLOYMENT, 2021-2028 (IN $ MILLION)

TABLE 23: NORTH AMERICA VIDEO ANALYTICS MARKET, BY SOFTWARE TYPES, 2021-2028 (IN $ MILLION)

TABLE 24: NORTH AMERICA VIDEO ANALYTICS MARKET, BY DETECTION SOFTWARE, 2021-2028 (IN $ MILLION)

TABLE 25: NORTH AMERICA VIDEO ANALYTICS MARKET, BY RECOGNITION SOFTWARE, 2021-2028 (IN $ MILLION)

TABLE 26: NORTH AMERICA VIDEO ANALYTICS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 27: EUROPE VIDEO ANALYTICS MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 28: EUROPE VIDEO ANALYTICS MARKET, BY DEPLOYMENT, 2021-2028 (IN $ MILLION)

TABLE 29: EUROPE VIDEO ANALYTICS MARKET, BY SOFTWARE TYPES, 2021-2028 (IN $ MILLION)

TABLE 30: EUROPE VIDEO ANALYTICS MARKET, BY DETECTION SOFTWARE, 2021-2028 (IN $ MILLION)

TABLE 31: EUROPE VIDEO ANALYTICS MARKET, BY RECOGNITION SOFTWARE, 2021-2028 (IN $ MILLION)

TABLE 32: EUROPE VIDEO ANALYTICS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 33: ASIA-PACIFIC VIDEO ANALYTICS MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 34: ASIA-PACIFIC VIDEO ANALYTICS MARKET, BY DEPLOYMENT, 2021-2028 (IN $ MILLION)

TABLE 35: ASIA-PACIFIC VIDEO ANALYTICS MARKET, BY SOFTWARE TYPES, 2021-2028 (IN $ MILLION)

TABLE 36: ASIA-PACIFIC VIDEO ANALYTICS MARKET, BY DETECTION SOFTWARE, 2021-2028 (IN $ MILLION)

TABLE 37: ASIA-PACIFIC VIDEO ANALYTICS MARKET, BY RECOGNITION SOFTWARE, 2021-2028 (IN $ MILLION)

TABLE 38: ASIA-PACIFIC VIDEO ANALYTICS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 39: LATIN AMERICA VIDEO ANALYTICS MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 40: LATIN AMERICA VIDEO ANALYTICS MARKET, BY DEPLOYMENT, 2021-2028 (IN $ MILLION)

TABLE 41: LATIN AMERICA VIDEO ANALYTICS MARKET, BY SOFTWARE TYPES, 2021-2028 (IN $ MILLION)

TABLE 42: LATIN AMERICA VIDEO ANALYTICS MARKET, BY DETECTION SOFTWARE, 2021-2028 (IN $ MILLION)

TABLE 43: LATIN AMERICA VIDEO ANALYTICS MARKET, BY RECOGNITION SOFTWARE, 2021-2028 (IN $ MILLION)

TABLE 44: LATIN AMERICA VIDEO ANALYTICS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 45: MIDDLE EAST AND AFRICA VIDEO ANALYTICS MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 46: MIDDLE EAST AND AFRICA VIDEO ANALYTICS MARKET, BY DEPLOYMENT, 2021-2028 (IN $ MILLION)

TABLE 47: MIDDLE EAST AND AFRICA VIDEO ANALYTICS MARKET, BY SOFTWARE TYPES, 2021-2028 (IN $ MILLION)

TABLE 48: MIDDLE EAST AND AFRICA VIDEO ANALYTICS MARKET, BY DETECTION SOFTWARE, 2021-2028 (IN $ MILLION)

TABLE 49: MIDDLE EAST AND AFRICA VIDEO ANALYTICS MARKET, BY RECOGNITION SOFTWARE, 2021-2028 (IN $ MILLION)

TABLE 50: MIDDLE EAST AND AFRICA VIDEO ANALYTICS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

List of Figures

FIGURE 1: PORTER’S FIVE FORCES ANALYSIS

FIGURE 2: GLOBAL VIDEO ANALYTICS MARKET, BY DEPLOYMENT, 2020 & 2028

FIGURE 3: GLOBAL VIDEO ANALYTICS MARKET, BY ON-PREMISES, 2021-2028 (IN $ MILLION)

FIGURE 4: GLOBAL VIDEO ANALYTICS MARKET, BY CLOUD, 2021-2028 (IN $ MILLION)

FIGURE 5: GLOBAL VIDEO ANALYTICS MARKET, BY SOFTWARE TYPES, 2020 & 2028

FIGURE 6: GLOBAL VIDEO ANALYTICS MARKET, BY DETECTION SOFTWARE, 2021-2028 (IN $ MILLION)

FIGURE 7: GLOBAL VIDEO ANALYTICS MARKET, BY DETECTION SOFTWARE, 2020 & 2028

FIGURE 8: GLOBAL VIDEO ANALYTICS MARKET, BY MOTION DETECTION SOFTWARE, 2021-2028 (IN $ MILLION)

FIGURE 9: GLOBAL VIDEO ANALYTICS MARKET, BY OBJECT DETECTION SOFTWARE, 2021-2028 (IN $ MILLION)

FIGURE 10: GLOBAL VIDEO ANALYTICS MARKET, BY OTHER DETECTION SOFTWARES, 2021-2028 (IN $ MILLION)

FIGURE 11: GLOBAL VIDEO ANALYTICS MARKET, BY RECOGNITION SOFTWARE, 2021-2028 (IN $ MILLION)

FIGURE 12: GLOBAL VIDEO ANALYTICS MARKET, BY RECOGNITION SOFTWARE, 2020 & 2028

FIGURE 13: GLOBAL VIDEO ANALYTICS MARKET, BY LICENSE PLATE RECOGNITION SOFTWARE, 2021-2028 (IN $ MILLION)

FIGURE 14: GLOBAL VIDEO ANALYTICS MARKET, BY FACIAL RECOGNITION SOFTWARE, 2021-2028 (IN $ MILLION)

FIGURE 15: GLOBAL VIDEO ANALYTICS MARKET, BY CROWD MANAGEMENT SOFTWARE, 2021-2028 (IN $ MILLION)

FIGURE 16: GLOBAL VIDEO ANALYTICS MARKET, BY APPLICATION, 2020 & 2028

FIGURE 17: GLOBAL VIDEO ANALYTICS MARKET, BY GOVERNMENT, 2021-2028 (IN $ MILLION)

FIGURE 18: GLOBAL VIDEO ANALYTICS MARKET, BY COMMERCIAL, 2021-2028 (IN $ MILLION)

FIGURE 19: GLOBAL VIDEO ANALYTICS MARKET, BY TRANSPORT & LOGISTICS, 2021-2028 (IN $ MILLION)

FIGURE 20: GLOBAL VIDEO ANALYTICS MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)

FIGURE 21: GLOBAL VIDEO ANALYTICS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 22: UNITED STATES VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 23: CANADA VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 24: UNITED KINGDOM VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 25: GERMANY VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 26: FRANCE VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 27: SPAIN VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 28: ITALY VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 29: RUSSIA VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 30: REST OF EUROPE VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 31: CHINA VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 32: JAPAN VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 33: INDIA VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 34: SOUTH KOREA VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 35: ASEAN COUNTRIES VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 36: AUSTRALIA & NEW ZEALAND VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 37: REST OF ASIA-PACIFIC VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 38: BRAZIL VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 39: MEXICO VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 40: REST OF LATIN AMERICA VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 41: UNITED ARAB EMIRATES VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 42: ISRAEL VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 43: SAUDI ARABIA VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 44: SOUTH AFRICA VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 45: REST OF MIDDLE EAST & AFRICA VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)

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