This new global research report offers key vendor landscape into the Video Analytics (VA, VCA) market including combined annual growth rate (CAGR), market dynamics, and forecast. The leading companies include: Axis Communications, Bosch Security Systems, Cisco Systems, IBM, Honeywell, and more. This report also provides regional analysis that covers Americas, Asia-Pacific, Europe and Middle East Africa. The report also tells about product types and applications mentioned in Video Analytics Market in addition to a Strength, Weakness, Opportunities, and Threats (SWOT) analysis of the manufacturers.
The video analytics market size is estimated to grow from US$1.69 billion in 2016 to US$4.23 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 20.2% from 2016 to 2021. The video analytics market is driven by factors such as increasing security threats and need for intelligent surveillance and increasing demand of video analytics for non-security purpose.