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GLOBAL VIDEO ANALYTICS MARKET FORECAST 2019-2027NEW YORK, June 27, 2019 /PRNewswire/ -- KEY FINDINGS The high cost of setup and support hardware and the reliability & false alarm issues are the major factors hindering the video analytics market. With evolving customer requirements and the changing technological landscape, there is a good possibility of new technologies that can give competition to video analytics. REGIONAL INSIGHTS The global video analytics market has been geographically segmented into North America, Asia Pacific, Europe and the remaining countries banding together to form the Rest of World regional segment. Amongst all, North America holds the largest market, i.e. XX% in 2018, followed by Europe and the Asia Pacific, with XX% and XX% respectively. However, the Asia Pacific market is anticipated to grow fastest with a CAGR of xx% and reach $XX million by 2027. The market in the Asia Pacific is expected to expand at a rapid pace during the forecast period since the majority of the industry participants have realized the importance of strengthening the overall video analytics to ensure business processes optimizations. COMPETITIVE INSIGHTS Company profiles cover the analysis of important players and strategic initiatives taken by them. Some of the major market players are IntelliVision, Hikvision, Cisco Systems, Inc., Honeywell International Inc., Axis Communications, IBM Corporation, Mobotix AG, Arecont Vision (Costar Technologies), Puretech Systems, Inc., Qognify Inc., Bosch Security and Safety Systems Global, Verint Systems Inc., Aventura Technologies, Inc., AllGoVision Technologies Pvt Ltd., and Agent Video Intelligence Ltd. Companies mentioned 1. BOSCH SECURITY AND SAFETY SYSTEMS GLOBAL 2. CISCO SYSTEMS, INC. 3. HONEYWELL INTERNATIONAL INC. 4. IBM CORPORATION 5. AXIS COMMUNICATIONS 6. AGENT VIDEO INTELLIGENCE LTD. 7. AVENTURA TECHNOLOGIES, INC. 8. ALLGOVISION TECHNOLOGIES PVT. LTD. 9. INTELLIVISION 10. VERINT SYSTEMS INC. 11. HIKIVISION 12. MOBOTIX AG 13. PURETECH SYSTEMS, INC. 14. QOGNIFY INC. 15. ARECONT VISION (COSTAR TECHNOLOGIES) Read the full report: https://www.reportlinker.com/p05790519/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/global-video-analytics-market-forecast-2019-2027-300876409.html SOURCE Reportlinker |