Video Analytics System Market
Video Analytics System Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Video Analytics System Market Size and Growth
The Video Analytics System market is experiencing robust growth, driven by increasing security needs and advancements in AI technology. As of 2023, the market is valued at approximately $5.5 billion, with a projected CAGR of 25% through 2030, reflecting rising demand across sectors such as retail, transportation, and smart cities.
Companies Covered
(Covid 19 Impact Covered)
◍ Cisco Systems
◍ KiwiSecurity
◍ Qognify
◍ IBM
◍ i2V Systems Pvt
◍ Honeywell
◍ Gorilla Technology Group
◍ Verint
◍ BriefCam
◍ DELOPT
◍ IntelliVision
◍ Digital Barriers
◍ iOmniscient
◍ Identiv
◍ Axis Communications
◍ Agent Video Intelligence
◍ Senstar Corporation
The video analytics system market features key players like Cisco, Honeywell, and IBM, offering advanced security solutions. These companies enhance operational efficiency, improve surveillance, and drive innovation, fostering market growth. Notable sales revenues include Avigilon at $1 billion, Verint at $900 million, and Genetec at $700 million.
◍ Avigilon
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Market Segmentation
By Application
◍ Incident Detection
◍ Intrusion Management
◍ Crowd Counting
◍ Traffic Monitoring
◍ Automatic Number Plate Recognition
◍ Facial Recognition
◍ Others
By Product
◍ On-Premises
◍ Cloud
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Market Growth
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$ X Billion USD
