Video Analytics Market Size, Scope, Growth and Forecast Report to 2027

Global Video Analytics Market was valued at USD 4.6 billion in 2019 which expected to reach USD 13.55 billion by 2027 at a CAGR 19.2%.

Video analytics is defined as computerized processing and automatic analysis of the video content generated, monitored or collected during video surveillance. Video analytics automates video surveillance process by delivering high-end benefits to the users with reduced cost and efficient service delivery.

Request Sample Copy of this Report @ https://qualiketresearch.com/request-sample/Video-Analytics-Market/request-sample

Increase in investments and focus of governing institutes on public safely is the key driving factor which is expected to boost the global video analytics market growth. Furthermore, rise in need to utilize and examine unstructured video surveillance data in real time will have the positive impact on market growth. Moreover, increase in need among enterprises to leverage BI and actionable insights for advanced operations will fuel the market growth. Also, growing use of facial recognition across various applications will drive market growth in near future.

Market Restraints

However, high initial costs of investment, installation, and maintenance are the major restraining factors which are expected to hamper the global video analytics market growth. Also, increase in cyber-attacks and data theft activities as well as privacy concerns among citizens will affect the market growth.

Market Key Players

Various key players are discussed in this report such as CISCO, AXIS COMMUNICATIONS, AVIGILON, HONEYWELL, ALLGOVISION, AGENT VI, GENETEC, AVENTURA and IBM.

Browse Full Research Report @ https://qualiketresearch.com/reports-details/Video-Analytics-Market

Market Taxonomy

By Component

Software
Services

By Deployment

On-Premise
Cloud

By Organization Size

Small and Medium Size Enterprises
Large Enterprises

By Application

Retail
Healthcare
BFSI
Transportation & Logistics
Government
Manufacturing
Mining
Others

By Region

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

About Us:-

QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.

Contact Person:-

Vishal Thakur

Research Support Specialist

QualiKet Research

6060 N Central Expy #500, TX 75204, U.S.A

Email: [email protected]

Website: https://qualiketresearch.com