About Intelligent Video Analytics
The intelligent video analytics contains the computerized processing and automatic analysis of video streams, whether it live or recorded to derive useful information about the content. Intelligent video analytics aids security and public safety groups develop widespread security, intelligence and investigative capabilities by video. The one can use advanced search, redaction and facial recognition analytics to find relevant images and critical information through multiple video files from multiple camera types. The global intelligent video analytics market is expected to witness a high growth due to rising concern over public safety and security.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Intelligent Video Analytics market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bosch Security Systems (United States), Honeywell Security (United States), IBM (United States), IntelliVision (United States), NICE Systems (Israel), Agent Video Intelligence (United States), i2v System (India), Keymaster Physical Security & Access Control (Canada), ObjectVideo Labs (United States) and Securiton (Switzerland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Aventura Technologies (United States), VideoIQ (United States), Viseum International (United Kingdom) and PRO-VIGIL (United States).
Segmentation Overview
AMA Research has segmented the market of Global Intelligent Video Analytics market by Type (Software and Services), Application (Facial Recognition & Detection, Incident Detection, Perimeter Intrusion Detection, Crowd Detection & Management, Traffic & Parking Management and Others) and Region.
On the basis of geography, the market of Intelligent Video Analytics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Israel, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Mode, the sub-segment i.e. On-Premises will boost the Intelligent Video Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Government Sector will boost the Intelligent Video Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Trend of Smart Cities and Government Initiatives in Emerging Technologies to Enhance the Public Safety Infrastructure
Market Growth Drivers:
Rising Concern Over Public Safety and Security and Growing Demand for Reduced Workforce
Challenges:
High Cost Associated With Supporting Hardware
Restraints:
High Costs Related To Installation and Maintenance
Opportunities:
Increasing Needs of Business Intelligence and Insights
Market Leaders and their expansionary development strategies
In November 2022, Gorilla Technology Group Inc. , a global provider of AI based edge video analytics, IoT technologies, and cybersecurity, has agreed terms for the acquisition of SeeQuestor Limited (“SeeQuestor”), a global provider of video analytics technology.The acquisition advances Gorilla’s strategy to become a global leader in advanced AI video analytics for security and surveillance with unrivaled capabilities, a strong product portfolio and a solid pipeline.
On January 31, 2019 – IntelliVision Technologies Corp. (IntelliVision®), a pioneer and leader in Artificial Intelligence and deep learning video analytics software for Smart Cameras and a subsidiary of Nortek Security & Control LLC (NSC), today announced the addition of anti-spoofing to its face recognition technology. and On November 28, 2018 – IntelliVision Technologies Corp. (IntelliVision®), a pioneer and leader in Artificial Intelligence and deep learning video analytics software for Smart Cameras, and a subsidiary of Nortek Security & Control LLC (NSC), today announced the launch of its Channel Partner Program
Key Target Audience
Providers of Training and Consulting Service, Software Solution Provider, Telecom Service Providers, Governmental Bodies, Video Analytics Vendors and Cloud Service Providers
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.