• According to Dhirtek Business Research, “global video analytics market by component (solution, services), deployment model (on-premises and cloud-based), enterprise size (small & medium enterprises and large enterprises), application (ANPR, facial recognition, incident detection, intrusion management, people/crowd counting, traffic monitoring, others), end user (banking, financial services, and insurance, education, government & defence, hospitality and entertainment, manufacturing, retail, transportation and logistics, others)” generated revenue of US$ 3.8 billion in 2020 and is expected to reach US$ 9.1 billion by 2025 with a CAGR of 19.0% in the forecast period.
• Based on the region, the video analytics market segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America holds a dominant position in the market in 2020 and expected to remain dominant over the forecast period. Moreover, Asia Pacific expected to grow with the highest CAGR in the forecast period. China, India, and Japan are some of the market-driven countries in this region.
• Based on end user, the segment of retail is projected to expand at the fastest CAGR in the forecast period. Also, the government & defence segment holds a dominant market position in 2020 and expected to remain dominant throughout the forecast period.
• Based on the application, the facial recognition application expected to grow with the highest CAGR during the forecast period. Moreover, the intrusion management application model holds the dominating position of the market in 2020 and expected to retain its dominance throughout the forecast period.
• Based on the size of the enterprise, the segment of small and medium-sized enterprises is projected to expand at the fastest CAGR in the forecast period. Also, the large enterprise segment holds a dominant market position in 2020 and expected to remain dominant throughout the forecast period.
• Based on the deployment model, the cloud-based deployment model expected to grow with the highest CAGR during the forecast period. Moreover, the on-premises deployment model holds the dominating position of the market in 2020 and expected to retain its dominance throughout the forecast period.
• The research report provides a detailed analysis of the global market dynamics in video analytics. Considering 2019 as the base year, the study presents estimated market data for the 2020 to 2025 forecast period.
• The report includes the video analytics market for various industries across different geographic regions (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America). It also focuses on key developments and threats impacting the market and the vendor landscape.
• The study contains a chapter explaining the impact of COVID 19 on the global market for video analytics. The study further discusses the key factors, the business environment, and emerging developments in the video analytics market. The study ends with an overview of the video analytics providers and provides comprehensive profiles of the key players in the global video analytics market.

Scope of the report:

Video Analytics Market Players:

Some of the major players of video analytics market are Aventura Technologies, Inc., Axis Communications Ab., Cisco Systems, Inc., Dahua Technology Co., Ltd, Genetec Inc., Hangzhou Hikvision Digital Technology Co. Ltd., Honeywell International Inc., Huawei Technologies Co. Ltd , IBM Corporation., Intuvision, Inc., ISS, Inc., Kiwisecurity Software Gmbh., Milestone Systems A/S , Nortek Security & Control LLC, Puretech Systems Inc. The study also focuses on different business or inorganic market growth strategies through technology advancement, business expansion, alliances and mergers and acquisitions to create disruptive technologies and consumer networks.