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Network Camera and Video Analytics Market - Snapshot

The global network camera and video analytics market is likely to observe growth over the tenure of forecast due to rise in the number of violent incidences across the globe. The rising need for intelligent and smart security systems at the backdrop of rising criminal activities and terrorist attacks together with dwelling infrastructure has triggered the expansion of the global network camera and video analytics market.

The trends in video surveillance technology are changing rapidly from analog to a digital one. It is changing from standalone solutions to a networked one. An expanding array of complicated video analytics is further expected to boost growth of the global network camera and video analytics market in the years to come.

There are many benefits of surveillance systems over physical security. The benefits of video analytics are as mentioned below

  • Motion detection
  • People counting & dwell time monitoring for retail stores
  • Facial recognition & license plate reading
  • Recognizing long lines at checkout and sending alerts

Such multiple benefits have enabled increased deployment of the technology, which is likely to foster growth of the global network camera and video analytics market in near future. Furthermore, it is convenient to save, look for, edit, and analyze videos created by network cameras, which is another factor promoting market growth.

Network Camera and Video Analytics Market - Overview
 
The global video surveillance market and video analytics market have changed a lot over the years. The need for intelligent security systems, rising criminal activities, and dwelling infrastructure has driven the demand for intelligent security systems. Surveillance systems provide the remote monitoring advantage over the physical security, resulting in wide development of technology across the world.
 
Network Camera and Video Analytics Market - Trends and Opportunities
 
With the developing era of technology and technological advancements, network camera and video analytics market is gaining importance. The network camera market mainly involves five parameters as product types, technology, verticals, resolution and geography. The product market is segmented according to physical characteristics of network camera. And the technology market is segmented according to method of operation, image compression kit used, connectivity, and type of image sensor.
 
Increasing demand from the non-security applications, backed by government investments, reduction of total cost of ownership and need for high resolution are the key driving forces for this market. Some of the factors restraining the network camera and video analytics market growth are high bandwidth requirement and lack of data privacy. EDGE technology based video analytics can provide a good opportunity to network camera manufacturers.
 
Network Camera and Video Analytics Market - Segmentation
 
Network Camera and Video Analytics Market is segmented based on technology used as usage mode technology, connectivity types, image sensors technology, and image processing & video compression technology. On the basis of product types the network camera and video analytics market is segmented as fixed type, dome type and pan-tilt-zoom (PTL) type.
 
Segmentation based on resolution, as name suggest it segment the network camera and video analytics market based on the different resolutions offered by network camera as megapixel, analog, wide dynamic range and others. On the basis of verticals the network camera and video analytics market is segmented into four main verticalsas, commercial, government, institutional, and others.On the basis of geography the network camera and video analytics market is segmented into four main regions as North-America, Europe, APAC and Rest of the world (ROW).
 
Network Camera and Video Analytics Market - Key Players
 
Some of the key players in Network Camera and Video Analytics Market are ADT security services Inc., Agent video intelligence, Arecont Vision LLC., Axis Communication Ab., Bikal UK., Bosch Security, CISCO Systems Inc., Honeywell Security group, Milestone systems, ObjectVideo Inc., Pelco Inc., and VideoIQ Inc. among others.
 
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 
  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  
This report provides comprehensive analysis of 
  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 
 
Reasons for Buying this Report
  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth 
  • It provides a technological growth map over time to understand the industry growth rate
  • It provides a seven-year forecast assessed on the basis of how the market is predicted to grow 
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments 
  • It provides distinctive graphics and exemplified SWOT analysis of major market segments 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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