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Technavio Predicts 27% CAGR growth in Global Video Analytics Market During 2020-2024 | APAC to Emerge as Key RegionThe video analytics market is expected to grow by USD 11.14 billion, progressing at a CAGR of almost 27% during the forecast period. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201210005530/en/ 
Technavio has announced its latest market research report titled Global Video Analytics Market 2020-2024 (Graphic: Business Wire) Click & Get Free Sample Report in Minutes The enhanced processing power of collected data is one of the major factors propelling the market growth. However, factors such as the shortage of skilled workers will hamper growth. More details: https://www.technavio.com/report/video-analytics-market-industry-analysis Video Analytics Market: End-user Landscape Based on the end-user, the government segment led the market in 2019. The growth of the segment is attributed to the need to improve and enhance the security of government and military facilities. The market growth in the segment will be significant over the forecast period. Video Analytics Market: Geographic Landscape By geography, APAC is going to have a lucrative growth during the forecast period. About 37% of the market's overall growth is expected to originate from APAC. Factors such as growing preferences for IP cameras over analog cameras, the rising construction of smart cities, and the increasing adoption of SaaS (News - Alert)-based video analytics are fostering the growth of the market in APAC. China is the key market for video analytics in APAC. Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing Related Reports on Information Technology Include: Global Streaming Analytics Market - Global streaming analytics market segmentation by deployment (cloud and on-premise) and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report Global Analytics Market - Global analytics market segmentation by end-user (BFSI, manufacturing, retail, healthcare, and others) and geography (North America, Europe, APAC, MEA, and South America). Click Here to Get an Exclusive Free Sample Report Companies Covered:
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Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Key Topics Covered: Executive Summary Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
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About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201210005530/en/ |
