Skip to main content

Global Business Jet Market: Industry Analysis and Forecast 2021-2027

Video Analytics Market | Pin-Point Analysis for Changing Competitive Dynamics

The global video analytics market is highly fragmented in nature with a high level of competition, states a new market intelligence study by Transparency Market Research. The competitive environment of the market is expected to get stiff in the next few years with the rising number of players that are projected to enter the market across the globe. The leading players in the market are focusing on offering cost-effective products and services in order to expand their horizon across the globe. In addition to this, the increasing number of partnerships, mergers and acquisitions, and collaborations is estimated to generate potential growth opportunities for the market players in the next few years. Some of the leading players operating in the video analytics market across the globe are VCA Technology Ltd., United Technologies Corp., Genetec Inc., IntelliVision, and Vigilon Corp.





As per the research study by Transparency Market Research, in 2014, the global market for video analytics was worth US$ 1.7 bn and is projected to reach a value of US$ 9.15 bn by the end of 2023. The market is likely to register a promising 20.60% CAGR between 2015 and 2023.





Request to View Sample of Report –









Among the key regional segments, North America accounted for a large share of the global market in the last few years and is projected to remain in the leading position in the next few years. The presence of several key players and the growing focus on the research and development activities are projected to encourage the growth of this region in the next few years. Furthermore, Asia Pacific is projected to register a strong growth rate in the coming few years. The rising contribution from Australia, China, Japan, India, and South Korea is considered as one of the key factors that is predicted to enhance the growth of the Asia Pacific market in the near future.





The global market for video analytics has been segmented on the basis of application into people recognition, video indexing, license plate recognition, incident detection, object recognition, and others. Among these, the people recognition segment is projected to witness high growth, along with a large share of the market in the next few years. The rising demand for video analytics to preciously count the number of people who are moving around sports and transport facilities, visitor attractions, shops, schools, museums, airports, banks, and parking lots is considered to accelerate the growth of this segment in the next few years.





The rising number of disadvantages of manual video analysis and the government investments in developing technologies in order to enhance the public safety infrastructure is one of the key factors that is projected to accelerate the growth of the market in the next few years. In addition to this, the growing demand for recognition applications and the increasing adoption of advanced video surveillance are projected to accelerate the growth of the overall market in the near future. On the flip side, the privacy issues and the rising need for high investments in legacy installations are predicted to hamper the growth of the market in the coming years. Nonetheless, the rising inclination towards advanced technologies is predicted to enhance the growth of the market in the coming years.





Request to View Brochure of Report –








Comments

Popular posts from this blog

How lead generation has become a boon for businesses?

Be it a small or a large organization, lead generation is a service that is bringing business to all the companies. Lead generation is actually the blood in the vein of all organizations and giving a meaning even to run businesses. People who are aware of this service. Very good for you, but a lot of you must be thinking what exactly is this Lead generation and the Leads? Well, lead can be anyone,(typically a curious customer) who is interested in your service or product or looking for it already. A lead can come through various sources, like website, business page, word of mouth or even a call. It is the most important aspect of online marketing and helps in developing curiosity among people for your services and products so that they come running to you to buy them. Now when we know what lead is now it’s time to know why it’s so important in today’s businesses? Do you know the majority of salespeople are losing their will thinking that why they are not getting more customers? why th

Best Psychic In Paris | Best Psychic Reading Specialist in Paris

Guruji who had abilities altogether dimensions of astrology aptitudes. The Best Psychic in Paris through his understanding and learning on Astrology has helped a big number of his customers keep it up with a glad life. You will totally depend upon astrologer for his proposals. He will examine your horoscope outline, the planetary positions, their impact and you will mention your issues with him. He will provides a total account all of your issues whether its issues identified with hitched life, love connections, or on the off chance that you simply are confronting any medical issues, then forth. Our Guruji who is that the Best psychic reader can lookout of any issue of his customer and has been constantly fruitful. It is safe to mention that you simply are having a harsh time in your life and urgently need direction. Guruji psychic reader is strictly, what you would like. He is a mystic perusing proficient, with numerous long periods of involvement in her field. Through her capacities,

Global Tablet Market: Industry Analysis and Forecast 2021-2027

  Global Tablet Market . The report will give the past market trends from 2015-2020 and forecast from 2021 to 2027 by considering 2020 a differently. The report forecast that market for Tablet will reach to XX Bn by 2027 and has given the regional break up by countries.   Get Free Sample Report: https://www.maximizemarketresearch.com/request-sample/115033 The report has covered the market drivers and different strategies implemented by key players for expansion and to retain their client base by focusing on market leaders, market followers and new entrants in the market or region. The drivers of the market and revenue of each key players in each segment are analysed to give deep insights in brief to make user understand the market scenario in less time. While forecasting for each year, rational behind forecast are given that are supposed to drive or restrain the market. Focus on each players and their sales by unit by brand make this report unique in the industry. The Tablet market fac