Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Video Analytics Market to reach USD 38.18 billion by the end of 2030.

Global Video Analytics Market Size study & Forecast, by Component (Software, Services) by Application (Incident Detection, intrusion Management, People/Crowd Counting, Traffic Monitoring, Automatic Number plate Recognition, Facial Recognition, Other Applications), by Deployment Model (Cloud, On-Premises), by Vertical (Banking, Financial Services and Insurance (BFSI), Critical Infrastructure, Education, Hospitality & Entertainment, Manufacturing, Government & Defense, Retail, Transportation and logistics, Other Verticals), by Type (Service Based, Edge Based) and Regional Analysis, 2023-2030

Product Code: ICTEITS-55506432
Publish Date: 19-06-2023
Page: 200

Global Video Analytics Market is valued at approximately USD 7.1 billion in 2022 and is anticipated to grow with a compounded annual growth rate (CAGR) of more than 23.4% over the forecast period 2022-2030. Video Analytics is the study of analyzing video graphics data through various software and other technologies to draft useful insights, information by analyzing patterns, understanding trends over time from the video content. This includes examining data collected from surveillance footage, consumer-generated content to recognize the object, people, and events for tracking their movement. It includes various industries such as security, retail, transport & logistics, healthcare, and so on. Video analytics help these industries to process large data in real-time with the help of specialized software and technologies. The Global Video Analytics Market is expanding owing to growing factors such as government spending on public safety, consumer’s demand for their security. However, high operational costs and privacy concerns may hamper the growth of the market.

Video analysis software can be used to analyze video footage of crashes and collisions to determine the cause and severity of injuries. By analyzing video footage, researchers and engineers can identify areas for improvement in safety features and make design changes to prevent or reduce injuries in future accidents. According to the Centers for Disease Control and Prevention (CDC), Globally, injuries from crashes were the eighth most common cause of death across all age groups, while for children and young adults aged 5 to 29 years old, they were the primary cause of mortality.It is estimated that fatal and nonfatal crash injuries will cost the world economy approx. USD 1.8 trillion from 2015-2030. Furthermore, According to the government of United States in 2023, has allocated a budget of USD 710.20 billion for social security, which is 15% of the fiscal budget 2023 that to be spent on social security. Along with this, the government of different nation is investing in the development of social security which helps in monitor and analyzing the video. According to the Indian government Lucknow city has been allocated with a total of USD 69.5 million for smart city surveillance. This will have a positive impact on the video analytics market as a significant rise in road accidents and the increasing smart city development will lead to the growth of the Global Video Analytics Market. Moreover, Continuous infrastructural development and increasing demand for public security will emerge to be the growth opportunities for the Global Video Analytics Market.

The key regions considered for the Global Video Analytics Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific is projected to dominate the market with the highest CAGR in the video analytics market owing to the factors such as the rising population of India and China, the development of smart cities project, and so on. North American region is expected to be fastest growing region owing to the factors like continuous infrastructural development and government spending on public security also in terms of fast adaptation of advanced technology. The North American region is expected to grow aiming at the factors such as technological advancement, social security, and so on, which will lead to the expansion of the global video analytics market.

Major market player included in this report are:
Avigilon Corporation (Subsidiary of Motorola Solutions Company)
Axis Communications Video Surveillance Company
Cisco Systems Inc.
Honeywell International Inc.
International Business Machine Corporation (IBM)
AllGoVision Technologies Pvt. Ltd.
Genetec Inc.
IntelliVision Corp.
Gorilla Technology group
Intu Vision Inc.

Recent Developments in the Market:
Ø In March 2023, The France government approved a controversial legislation that grants law enforcement the power to employ artificial intelligence (AI) technologies for surveillance operations. This decision precedes he upcoming Paris 2024 Olympics, which is anticipated to attract a massive influx of tourists.
Ø In March 2023, Pimloc a company focused on privacy technology and based in the UK, has announced the introduction of its Cloud Connect API, This tool is designed to provide secure video redaction, which aims to address the growing concern over the increased use of video capture in business settings.

Global Video Analytics Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Component, Application, Deployment Model, Vertical, Type, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:
By Application:
Incident Detection
Intrusion Management
People/Crowd Counting
Traffic Monitoring
Automatic Number Plate Recognition
Facial Recognition
Other Application
By Deployment Model:

By Vertical:
Banking, Financial Services and insurance (BFSI)
Critical Infrastructure
Hospitality & Entertainment
Government & Defense
Transportation & logistics
Other Verticals
By Type:
Server Based
Edge Based

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Video Analytics Market, by Region, 2020-2030 (USD Billion)
1.2.2. Video Analytics Market, by Component, 2020-2030 (USD Billion)
1.2.3. Video Analytics Market, by Application, 2020-2030 (USD Billion)
1.2.4. Video Analytics Market, by Deployment Model, 2020-2030 (USD Billion)
1.2.5. Video Analytics Market, by Vertical, 2020-2030 (USD Billion)
1.2.6. Video Analytics Market, by Type, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Video Analytics Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Video Analytics Market Dynamics
3.1. Video Analytics Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Government Spending on Public Safety Consumer Demand for Their Security
3.1.2. Market Challenges High Operational Cost Privacy Concern
3.1.3. Market Opportunities Continuous Infrastructural Development Increasing Demand For Public Safety
Chapter 4. Global Video Analytics Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Video Analytics Market, by Component
5.1. Market Snapshot
5.2. Global Video Analytics Market by Component, Performance – Potential Analysis
5.3. Global Video Analytics Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
5.4. Video Analytics Market, Sub Segment Analysis
5.4.1. Software
5.4.2. Services
Chapter 6. Global Video Analytics Market, by Application
6.1. Market Snapshot
6.2. Global Video Analytics Market by Application, Performance – Potential Analysis
6.3. Global Video Analytics Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Video Analytics Market, Sub Segment Analysis
6.4.1. Incident Detection
6.4.2. Intrusion Management
6.4.3. People/Crowd Counting
6.4.4. Traffic Monitoring
6.4.5. Automatic Number plate Recognition
6.4.6. Facial Recognition
6.4.7. Other Application
Chapter 7. Global Video Analytics Market, by Deployment Model
7.1. Market Snapshot
7.2. Global Video Analytics Market by Deployment Model, Performance – Potential Analysis
7.3. Global Video Analytics Market Estimates & Forecasts by Deployment Model 2020-2030 (USD Billion)
7.4. Video Analytics Market, Sub Segment Analysis
7.4.1. Cloud
7.4.2. On-Premises
Chapter 8. Global Video Analytics Market, by Vertical
8.1. Market Snapshot
8.2. Global Video Analytics Market by Vertical, Performance – Potential Analysis
8.3. Global Video Analytics Market Estimates & Forecasts by Vertical 2020-2030 (USD Billion)
8.4. Video Analytics Market, Sub Segment Analysis
8.4.1. Banking, Financial Services and Insurance (BFSI)
8.4.2. Critical Infrastructure
8.4.3. Education
8.4.4. Hospitality & Entertainment
8.4.5. Manufacturing
8.4.6. Government & Defence
8.4.7. Retail
8.4.8. Transportation & Logistics
8.4.9. Other Verticals
Chapter 9. Global Video Analytics Market, by Type
9.1. Market Snapshot
9.2. Global Video Analytics Market by Type, Performance – Potential Analysis
9.3. Global Video Analytics Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
9.4. Video Analytics Market, Sub Segment Analysis
9.4.1. Server Based
9.4.2. Edge Based
Chapter 10. Global Video Analytics Market, Regional Analysis
10.1. Top Leading Countries
10.2. Top Emerging Countries
10.3. Video Analytics Market, Regional Market Snapshot
10.4. North America Video Analytics Market
10.4.1. U.S. Video Analytics Market Component breakdown estimates & forecasts, 2020-2030 Application breakdown estimates & forecasts, 2020-2030 Deployment Model breakdown estimates & forecasts, 2020-2030 Vertical breakdown estimates & forecasts, 2020-2030 Type breakdown estimates & forecasts, 2020-2030
10.4.2. Canada Video Analytics Market
10.5. Europe Video Analytics Market Snapshot
10.5.1. U.K. Video Analytics Market
10.5.2. Germany Video Analytics Market
10.5.3. France Video Analytics Market
10.5.4. Spain Video Analytics Market
10.5.5. Italy Video Analytics Market
10.5.6. Rest of Europe Video Analytics Market
10.6. Asia-Pacific Video Analytics Market Snapshot
10.6.1. China Video Analytics Market
10.6.2. India Video Analytics Market
10.6.3. Japan Video Analytics Market
10.6.4. Australia Video Analytics Market
10.6.5. South Korea Video Analytics Market
10.6.6. Rest of Asia Pacific Video Analytics Market
10.7. Latin America Video Analytics Market Snapshot
10.7.1. Brazil Video Analytics Market
10.7.2. Mexico Video Analytics Market
10.8. Middle East & Africa Video Analytics Market
10.8.1. Saudi Arabia Video Analytics Market
10.8.2. South Africa Video Analytics Market
10.8.3. Rest of Middle East & Africa Video Analytics Market

Chapter 11. Competitive Intelligence
11.1. Key Company SWOT Analysis
11.1.1. Company 1
11.1.2. Company 2
11.1.3. Company 3
11.2. Top Market Strategies
11.3. Company Profiles
11.3.1. Avigilon Corporation(Subsidiary of Motorola Solutions Company) Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
11.3.2. Axis Communications Video Surveillance Company
11.3.3. Cisco Systems Inc.
11.3.4. Honeywell International Inc.
11.3.5. International Business Machine Corporation (IBM)
11.3.6. AllGoVision Technologies Pvt. Ltd.
11.3.7. Genetec Inc.
11.3.8. IntelliVision Corp.
11.3.9. Gorilla Technology
11.3.10. Intu Vision Inc.
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.
Enquiry Now