Innovative Business Opportunities Evolving the Asia-Pacific Video Analytics Market, 2020

Innovative Business Opportunities Evolving the Asia-Pacific Video Analytics Market, 2020

Future Growth Potential from Emerging Growth Opportunities in Artificial Intelligence and Cloud

RELEASE DATE
27-Nov-2020
REGION
Asia Pacific
Research Code: PB57-01-00-00-00
SKU: IT04178-AP-MT_24783
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$2,450.00
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$2,450.00
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Description

The video analytics market has been growing at double-digit rates in Asia-Pacific (APAC) in the past few years. This is due to expanding video analytics application areas and widespread adoption in IoT devices for its capabilities. Video analytics solutions analyze data generated, e.g., from IoT surveillance devices in industries, city surveillance devices, and social media, to enable users to draw greater data insights. They help automate tasks and offer users high-end benefits at lower costs and with better service delivery. Vendors in APAC have introduced improved video surveillance systems offering video analytics capabilities such as object detection, motion detection, facial recognition, crowd detection, and management as key applications. Emerging video analytics use cases include quality assurance, process improvement, and inventory management.

Video analytics has tremendous applicability in industries like transportation, healthcare, retail, security and surveillance, and defense intelligence. In particular, Frost & Sullivan predicts industries like retail, law enforcement, and transportation and logistics to witness an uptake of video analytics solutions over the next 3 years. This is partially due to their wide-scale deployment of IoT devices.

Table of Contents

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top Three Strategic Imperatives on the Video Analytics Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Video Analytics Market Overview

Growth Drivers for Video Analytics Market

Market Restraints for Video Analytics Market

Video Analytics Market—Trend 1: Software-centric Ecosystem and Strategic Partnerships Creating Customer Value

Video Analytics Market—Trend 2: Surveillance and Security Emerging as Vendors’ Top Product Functionality Focus

Video Analytics Market—Trend 3: Video Analytics Architecture Shifting toward a Distributed Environment

Video Analytics Market—Trend 4: Covid-19 Pandemic Accelerating Video Analytics Deployments and Potential Use Cases

key Verticals Adopting Video Analytics Solutions

key Verticals Adopting Video Analytics Solutions (continued)

Key Vendor Activities—AI Focus

Key Vendor Activities—Cloud Deployment

Growth Opportunity 1: Edge Analytics for Rapid Processing Capabilities

Growth Opportunity 1: Edge Analytics for Rapid Processing Capabilities (continued)

Growth Opportunity 2: Moving toward more Open Platform Solutions

Growth Opportunity 2: Moving toward more Open Platform Solutions (continued)

Growth Opportunity 3: Cloud Integration in Video Analytics Solutions

Growth Opportunity 3: Cloud Integration in Video Analytics Solutions (continued)

Growth Opportunity 4: Integrators’ Role Vital to Meeting Customer Needs

Growth Opportunity 4: Integrators’ Role Vital to Meeting Customer Needs (continued)

List of Exhibits

Legal Disclaimer

The video analytics market has been growing at double-digit rates in Asia-Pacific (APAC) in the past few years. This is due to expanding video analytics application areas and widespread adoption in IoT devices for its capabilities. Video analytics solutions analyze data generated, e.g., from IoT surveillance devices in industries, city surveillance devices, and social media, to enable users to draw greater data insights. They help automate tasks and offer users high-end benefits at lower costs and with better service delivery. Vendors in APAC have introduced improved video surveillance systems offering video analytics capabilities such as object detection, motion detection, facial recognition, crowd detection, and management as key applications. Emerging video analytics use cases include quality assurance, process improvement, and inventory management. Video analytics has tremendous applicability in industries like transportation, healthcare, retail, security and surveillance, and defense intelligence. In particular, Frost & Sullivan predicts industries like retail, law enforcement, and transportation and logistics to witness an uptake of video analytics solutions over the next 3 years. This is partially due to their wide-scale deployment of IoT devices.
More Information
No Index No
Podcast No
Author Hemangi Patel
Industries Information Technology
WIP Number PB57-01-00-00-00
Is Prebook No
GPS Codes 9702-C1,9705-C1,9658