The Video Analytics Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Video Analytics Market?
The market size of the video analytics industry has seen significant growth lately. The market expanded from $8.08 billion in 2024 and is projected to reach $9.61 billion in 2025, with an 18.8% compound annual growth rate (CAGR).
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Video Analytics Industry?
The Video Analytics Global Market is projected to increase to a value of $20.95 billion by the year 2029. The anticipated compound annual growth rate (CAGR) over this period is 21.5%.
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What are the Key Growth Drivers Fueling the Video Analytics Market?
The key drivers in the video analytics market are:
• Rising application in smart cities
• Increasing utilization in retail and customer experience improvement
• Growing emphasis on health and safety compliance
• Integration with Internet of Things (IoT) sensors and automated license plate recognition systems.
Global Market Segmentation: Identifying Major Video Analytics Industry Segments
The video analytics market covered in this report is segmented –
1) By Component: Software, Services
2) By Organization Size: Small And Medium Enterprises, Large Enterprise
3) By Deployment Model: On-Premise, Cloud
4) By End User: BFSI, Retail, Critical Infrastructure, Transportation And Logistics, Hospitality And Entertainment, Defense And Security, Other End-Users
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What are the Emerging Trends Shaping the Future of the Video Analytics Market?
The key trends in the video analytics market are:
• Emotion and sentiment analysis is emerging as a significant trend.
• Integration with IoT sensors is gaining momentum in the market.
• The use of automated license plate recognition (ALPR) technology is becoming popular.
• There is a growing focus on real-time crowd monitoring and customizable, open architecture solutions.
Who Are the Top Competitors & Leading Players in the Video Analytics Market?
Major companies in the video analytics market are:
• Huawei Technologies Co Ltd.
• Intell Vision Technologies Corp
• IBM Corporation
• Cisco Inc.
• Honeywell Inc.
• Hangzhou Hikvision Digital Technology Co Ltd.
• Motorola Solutions Inc.
• Dahua Technology Co Ltd.
• Axis Communications AB
• Avigilon Corporation
• Verint Systems Inc.
• Calipsa Ltd.
• Genetec Inc.
• Vivotek Inc
• Synectics plc
• Qognify Inc.
• BriefCam Ltd.
• Gorilla Technology Group Inc.
• PureTech Systems Inc.
• Aventura Technologies Inc.
• Camio Inc.
• KiwiSecurity Services Ltd.
• Sighthound Inc.
• Citilog Inc.
• Agent Video Intelligence Inc.
• Solink Corporation
• AllGoVision Technologies Pvt Ltd.
• Viseum Limited
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the video analytics market in 2024
