Product ID: SQSG45I2014
Report ID:
SQSG45I2014 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
125 |
Figures:
77
During the projected period, North America is anticipated to have the greatest share of the market. The demand for video content analytics solutions in the United States and Canada is anticipated to rise as a result of the introduction of new technologies and the presence of important players like IBM Corporation, Honeywell International Inc., Cisco Systems, and Motorola Solutions (Avigilon), and others. End customers in the United States and Canada are actively pursuing the use of video analytics combined with cutting-edge technology.
The Asia Pacific is expected to grow at an exponential pace. It is anticipated that government-funded smart city initiatives and sophisticated surveillance programs for national security would increase the use of video analytics throughout the area. Global Video Analytics Market expansion in nations like China and India, as well as the huge changes anticipated in the ICT sector in the next years, are both being driven by the retail business.
Since there are so many vendors offering video content analytics solutions and services, Europe is expected to grow rapidly. In order to create sustainable technology, European nations are focused their efforts on fusing ICT, transportation, and energy. Key market participants in this space are concentrating on new product launch tactics in order to increase their product portfolios.
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REQUEST FREE CUSTOMIZATIONGlobal Video Analytics Market size was valued at USD 4.46 billion in 2019 and is poised to grow from USD 5.5 billion in 2023 to USD 35.6 billion by 2031, growing at a CAGR of 23.1% in the forecast period (2024-2031).
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Product ID: SQSG45I2014