According to the study, Artificial Intelligence Enabled Video Analytics to Recognises Humans and Number Plates is one of the primary growth factors for the market. Improvement in Connectivity Technology thus offering Better Remote Surveillance
is also expected to contribute significantly to the Video Analytics Solution market. Overall, Real Time Monitoring
applications of Video Analytics Solution, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Cisco Systems Inc. (United States), Motorola Solutions Inc. (United States), Aventura Technologies Inc. (United States), Axis Communications (Sweden), Honeywell International Inc. (United States), Huawei (China), KiwiSecurity (Austria), Hikvision (China), Digital Barriers (United Kingdom) and BriefCam (United States) pushing strong cash flow in Market which is also a key in driving revenue growth.
AMA’s Analyst on the Global Video Analytics Solution market identified that the demand is rising in many different parts of the world as "Asia Pacific Presents an Excellent Potential for Growth Owing to Rising Expenditure
". Furthermore, some recent industry insights like "In 2021, Uniphore, India based Artificial Intelligence Company has announced acquisition of Spain based Emotion Research Labs. The Emotion Research Labs has been credited for expertise and research in identifying human emotions and eye tracking through use of artificial intelligence and machine learning. The acquisition will enable Uniphore to expand its portfolio in Video analytics by combining its speech tech with Emotion Research Labs emotion and eye tracking tech." is constantly making the industry dynamic. One of the challenges that industry facing is "Concerns Regarding Cyber Attacks & Privacy due to Face Detection"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
• Detailed Overview of Video Analytics Solution market will help deliver clients and businesses making strategies. • Influencing factors that thriving demand and latest trend running in the market • What is the market concentration? Is it fragmented or highly concentrated? • What trends, challenges and barriers will impact the development and sizing of Video Analytics Solution market • SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. • What growth momentum or downgrade market may carry during the forecast period? • Which region may tap highest market share in coming era? • What focused approach and constraints are holding the Video Analytics Solution market tight? • Which application/end-user category or Product Type [Edge Based and Server Based] may seek incremental growth prospects? • What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Video Analytics Solution market and other related sub-markets covered in the study.
o Key & emerging players in the Video Analytics Solution market have been observed through secondary research. o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Video Analytics Solution market size is calculated using market estimation process, the Video Analytics Solution market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Video Analytics Solution market size has been validated using both top-down and bottom-up approaches.