Global AI-powered Video Analytics Industry Overview
Analyzing factors that will have a significant impact on the growth of the AI powered video analytics market, our analysts have identified the growing demand for data integration and video analytics to be a major factor driving market growth. With the rising IT complexity, the process of deploying and maintaining reliable data interfaces became more difficult. AI-powered video analytics enable effective decision-making by offering on-demand accessibility for real-time integration of data and real-time analysis. Also, numerous companies are integrating data with AI-powered video analytics systems to analyze large data sets for quick and effective decision making.
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Companies covered
The AI powered video analytics market is moderately fragmented since the market has a number of companies offering software and services such as consultation, training, maintenance, and installation. By offering a complete analysis of the market’s competitive landscape and with information on the services offered by the companies, this AI powered video analytics industry analysis report will aid clients identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of a number of companies including –
- Agent Vi
- Cisco
- IBM
- IntelliVision
- Verint
AI-powered video analytics market growth based on geographic regions
With a complete study of the growth opportunities for the companies across regions such as the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in the Americas will contribute to the maximum growth of this intelligent video surveillance market throughout the predicted period. Factors such as the growing need for an increased overall productivity, business analytics, and rise in OTT services, will positively influence the AI-powered video analytics market size and share in this region.
AI-powered video analytics market growth based on end-user industries
- Retail
- Transportation
- Infrastructure
- Enterprise
The intelligent video surveillance market will cater to end-user industries such as retail, transportation, infrastructure, enterprise, owing to the growing demand for data integration. According to our market research experts, the retail industry or retail AI-powered video analytics market segment will be the primary end-user of the market throughout the forecast period. Additionally, the report also provides an accurate prediction of the contribution and growth of the various end-user industries segments to the growth of the AI powered video analytics market size.
Key highlights of the global AI-powered video analytics market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the AI-powered video analytics market during the next five years
- Precise estimation of the global AI powered video analytics market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the AI powered video analytics industry across various geographies such as the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive information about factors that will challenge the growth of AI-powered video analytics providers
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This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global AI powered video analytics market and its stakeholders over the forecast years.
Market research analysts at Technavio have also considered how the performance of other related markets in the vertical will impact the size of this market till 2022. Some of the markets most likely to influence the growth of the AI powered video analytics market over the coming years are the predictive analytics market and the IoT analytics market.
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