Video Analytics Market – Global Forecast to 2028
ビデオ分析市場 : オファリング、用途 (侵入管理、インシデント検出、トラフィック監視)、導入モデル、タイプ、業種 (重要インフラ、政府と防衛、製造)、地域別 – 2028年までの世界予測
Video Analytics Market by Offering, Application (Intrusion Management, Incident Detection, and Traffic Monitoring), Deployment Model, Type, Vertical (Critical Infrastructure, Government & Defense, and Manufacturing) and Region – Global Forecast to 2028
Report Overview
The video analytics market size is expected to grow from USD 8.3 billion in 2023 to USD 22.6 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 22.3% during the forecast period. Growing concerns about security and the need for adequate surveillance in public spaces, critical infrastructure, and commercial establishments drive the demand for the video analytics market. False alarms and lack of reliability are significant challenges for the growth of the video analytics market.
The report provides insights on the following pointers:
• Analysis of key drivers (increasing investments and focus of governing institutions on public safety, need to utilize and examine unstructured video surveillance data in real time, significant decrease in crime rate due to surveillance cameras, growing need among enterprises to leverage BI and actionable insights for advanced operations, limitations of manual video analysis, government initiatives to enhance public safety infrastructure, reduced cost of video surveilliance equipment and long term ROI, demand for improved video surveillance), restraints (increasing cyberattacks and data theft incidents, government regulations related to CCTV surveillance, nvestments in existing legacy surveillance systems to prevent adoption of new advanced solutions, privacy concerns among citizens, ) opportunities (use of drone based video analytics, emergence of edge technologies and devices to increase the use of video analytics predictive information using video analytics, integration of AI and cloud technologies with video analytics, surging demand for video analytics solutions in non-government sectors, growing use of facial recognition), and challenges (high initial cost of investment, installation, and maintenance, interoperability complexities, adverse weather conditions, problems in isolated and remote locations, false alarm and lack of reliability) influencing the growth of the video analytics market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the video analytics market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the video analytics market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the video analytics market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Avigilion (Canada), Axis Communications (Sweden), Cisco (US), Honeywell International Inc.( US), IBM (US), among others in the video analytics market.