In accordance with this study, the Global Video Surveillance And Analytics Market value registered in 2022 was close to USD 66 BN and is predicted to outstretch revenue by USD 126.76 BN in 2030 with a CAGR of 8.5% during the period of 2023-2030.
Video surveillance and analytics is a process of recording, capturing images, analyzing, and storing the video to scrutinize temporal activities and anomalies. Basically, video analytics is used for automated surveillance, i.e. it is used to detect and track the motion of an object which is under the surveillance. Video surveillance is mainly used for the security purpose to monitor suspicious activities. Such security services find application across hospitals, residential & commercial places, and other places.
Market Dynamics
The growing concerns for safety & security, especially in hospitals and banks, is augmenting the demand for video surveillance & analytics market growth. Additionally, increasing awareness of video surveillance application such as CCTV in commercial and public places is again boosting the market growth. On the downside, high overall cost of the set up hinders the market growth.
The report has been created by using crucial tools such as Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of video surveillance and analytics.
Market Segmentation
The study offers a decisive view of the global video surveillance and analytics market by segmenting it in terms of component and application. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
By Type
- Cameras
- Servers
- Storage
- Software
By Sub-type
By Analytics Type
- Real-time
- Forensic
- Edge-based
- Cloud-based
By Application
- Commercial
- Industrial
- Healthcare
- Residential
- Infrastructure
- Transportation And Logistics
- Aerospace And Defense
- Education
- Retail
- Hospitality
- Others
Regional Analysis
This section covers video surveillance and analytics market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global Video Surveillance and Analytics market along with the individual application segment across all the prominent region.
Global Video Surveillance and Analytics Market Share by Region (Representative Graph)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global Video Surveillance and Analytics market are Axis Communications, Bosch Security Systems, Brivo Systems, EMC Corp, Aimetis Corp, Cernium Corp, Cisco, Intellivision, Nice Systems, Pelco, Synesis, Indigovision Group, Mirasys, Tulip Telecom, Verint Systems, VideoIQ, Lumenera, Sightlogix, Vidsys, Vumi. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
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