Market Overview:
United States video analytics market size is projected to exhibit a growth rate (CAGR) of 27.20% during 2024-2032. The continuous advancements in video analytics technologies, such as machine learning, computer vision, and deep learning, which have expanded the capabilities of video analytics solutions, are driving the market.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
27.20% |
Video analytics refers to the use of advanced algorithms and artificial intelligence to analyze and interpret video data, extracting valuable insights and information. This technology enables automated monitoring, processing, and understanding of video content, providing valuable data for various applications. Video analytics can be applied in diverse fields such as security and surveillance, retail, healthcare, and smart cities. In security, it helps identify and alert suspicious activities, recognize faces, and track objects. In retail, video analytics can be used for customer behavior analysis, optimizing store layouts, and improving marketing strategies. In healthcare, it aids in patient monitoring and ensures compliance with safety protocols. Smart cities leverage video analytics for traffic management, crowd monitoring, and overall urban planning. By automating the analysis of vast amounts of video data, video analytics enhances efficiency, reduces manual efforts, and enables timely decision-making in numerous industries.
United States Video Analytics Market Trends:
The video analytics market in the United States is primarily fueled by the escalating demand for advanced surveillance solutions across various industries. As technology continues to evolve, the integration of artificial intelligence and machine learning in video analytics has become a pivotal catalyst for market growth. Notably, the increasing emphasis on public safety and security has driven organizations to adopt video analytics to enhance threat detection and response capabilities. Moreover, the surge in data generation from a myriad of video sources, including CCTV cameras and IoT devices, has propelled the need for sophisticated video analytics tools. This data deluge, coupled with the rising prevalence of smart city initiatives, further propels the expansion of the video analytics market. Additionally, the growing awareness and understanding of the benefits associated with video analytics, such as real-time monitoring, behavior analysis, and anomaly detection, contribute to market traction. Furthermore, the integration of video analytics in retail for customer behavior analysis and in transportation for traffic management underscores its versatility, expanding its application scope. In essence, the interplay of technological advancements, security concerns, and diverse industry applications serves as the interconnected web propelling the regional video analytics market forward.
United States Video Analytics Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on component, deployment type, application, architecture type, organization size, and end user.
Component Insights:
The report has provided a detailed breakup and analysis of the market based on the component. This includes software and services.
Deployment Type Insights:
A detailed breakup and analysis of the market based on the deployment type have also been provided in the report. This includes on-premises and cloud-based.
Application Insights:
- Incident Detection
- Intrusion Management
- People/Crowd Counting
- Traffic Monitoring
- Automatic Number Plate Recognition
- Facial Recognition
- Others
The report has provided a detailed breakup and analysis of the market based on the application. This includes incident detection, intrusion management, people/crowd counting, traffic monitoring, automatic number plate recognition, facial recognition, and others.
Architecture Type Insights:
A detailed breakup and analysis of the market based on the architecture type have also been provided in the report. This includes edge-based and server-based.
Organization Size Insights:
- Small and Medium-sized Enterprises
- Large Enterprises
The report has provided a detailed breakup and analysis of the market based on the organization size. This includes small and medium-sized enterprises and large enterprises.
End User Insights:
- BFSI
- Retail
- Critical Infrastructure
- Traffic Management
- Transportation and Logistics
- Hospitality and Entertainment
- Defense and Security
- Others
A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes BFSI, retail, critical infrastructure, traffic management, transportation and logistics, hospitality and entertainment, defense and security, and others.
Regional Insights:
- Northeast
- Midwest
- South
- West
The report has also provided a comprehensive analysis of all the major regional markets, which include Northeast, Midwest, South, and West.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
United States Video Analytics Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Component
- Deployment Type
- Application
- Architecture Type
- Organization Size
- End User
- Region
|
Components Covered |
Software, Services |
Deployment Types Covered |
On-premises, Cloud-based |
Applications Covered |
Incident Detection, Intrusion Management, People/Crowd Counting, Traffic Monitoring, Automatic Number Plate Recognition, Facial Recognition, Others |
Architecture Types Covered |
Edge-Based, Server-Based |
Organization Sizes Covered |
Small and Medium-sized Enterprises, Large Enterprises |
End Users Covered |
BFSI, Retail, Critical Infrastructure, Traffic Management, Transportation and Logistics, Hospitality and Entertainment, Defense and Security, Others |
Regions Covered |
Northeast, Midwest, South, West |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the United States video analytics market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States video analytics market?
- What is the breakup of the United States video analytics market on the basis of component?
- What is the breakup of the United States video analytics market on the basis of deployment type?
- What is the breakup of the United States video analytics market on the basis of application?
- What is the breakup of the United States video analytics market on the basis of architecture type?
- What is the breakup of the United States video analytics market on the basis of organization size?
- What is the breakup of the United States video analytics market on the basis of end user?
- What are the various stages in the value chain of the United States video analytics market?
- What are the key driving factors and challenges in the United States video analytics?
- What is the structure of the United States video analytics market and who are the key players?
- What is the degree of competition in the United States video analytics market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United States video analytics market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the United States video analytics market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United States video analytics industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.