About Video Content Vca
Video content analytics (VCA) is regularly used in security systems where a video camera is clearly directed at secure entrance points. The system would try to detect a security breach by analyzing a person's movements, which would differ greatly from a routine ID card swipe versus breaking down the door. If an authenticated person passes through the door but is immediately followed by someone who cannot be identified, the system may raise an alarm.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 24.1% |
The demand for Video Content VCA is increasing due to the rise in video surveillance with each passing day. Businesses in this sector face global competition from market leaders who control a large share of the market. The Leading Players are engaged in organic and non-organic strategic global expansion to maintain their Market Position. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Video Content Vca 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.
Canon (Japan), IBM (United States), Honeywell International (United States), Motorola Solutions (United States), BriefCam Ltd (United States), Arteco Global (Italy), Vivotek Inc. (Taiwan), Axis Communications (Sweden), Irisity (Sweden) and Uniview (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are 360 Vision Technology (United Kingdom), IntelliVision Corp (United States) and Mactwin Security (Netherlands).
Segmentation Overview
AMA Research has segmented the market of Global Video Content Vca market by Type (Solution and Service), Application (Automatic License Plate Recognition, Facial Recognition, Motion Tracking, Object Tracking and People Counting) and Region.
On the basis of geography, the market of Video Content Vca has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Mode, the sub-segment i.e. Cloud Based will boost the Video Content Vca market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Users, the sub-segment i.e. Healthcare will boost the Video Content Vca market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rapid Development of Micro Expression Analysis, The Emergence of Cloud-Based Video Analytics and The Upsurge of Artificial intelligence (AI) and deep learning
Market Growth Drivers:
Increase in Demand for Real-Time Video Processing and Growth of the Video Security and Analytics Business
Challenges:
With Huge Amount of Data Procured, Data Storage has Become a Challenge and High Cost of Video Analytics CCTV and Maintenance
Restraints:
Rising Cases of Hacking and Internet Breaches
Opportunities:
Increase in Use of VCA in Smart Cities and Transportation
Market Leaders and their expansionary development strategies
In December 2023, Foxstream Partners with Samsung Techwin to Run Video Content Analysis on WiseNetIII Cameras. the fast growing software company specialising in real-time VCA (Video Content Analysis)
In September 2023, Eagle Eye Networks has launched version three of the Eagle Eye Video API Platform, which is used by Eagle Eye developers, resellers, and technology partners worldwide. The new API is comprehensive, built for faster implementation of video applications by developers, and builds upon the API foundation of V1 and V2.
Key Target Audience
Venture and Capitalist, New Entrants/Investors, Analysts and Strategic Business Partners, Healthcare and End-Use Industries
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.