United States Video Analytics Market is Booming with a CAGR of 27.20% by 2032

IMARC Group, a leading market research company, has recently releases report titled “United States Video Analytics Market Report by Component (Software, Services), Deployment Type (On-premises, Cloud-based), Application (Incident Detection, Intrusion Management, People/Crowd Counting, Traffic Monitoring, Automatic Number Plate Recognition, Facial Recognition, and Others), Architecture Type (Edge-Based, Server-Based), Organization Size (Small and Medium-sized Enterprises, Large Enterprises), End User (BFSI, Retail, Critical Infrastructure, Traffic Management, Transportation and Logistics, Hospitality and Entertainment, Defense and Security, and Others), and Region 2024-2032”. The study provides a detailed analysis of the industry, including the United States video analytics market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the United States Video Analytics Market?

The United States video analytics market size is projected to exhibit a growth rate (CAGR) of 27.20% during ​2024-2032​.

United States Video Analytics Market Overview:

The rising security concerns as well as the increasing demand for improved surveillance systems across various sectors like retail, transportation, healthcare, etc., are the factors responsible for the growth of the video analytics market in the United States. Additionally, there is an escalating need for video analytics as it enhances the capability of security systems to automatically identify and assess anomalies, thereby enhancing response times and reducing reliance on human monitoring.

Besides this, advancements in artificial intelligence and machine learning have significantly boosted the effectiveness of video analytics by enabling more accurate and comprehensive analysis of video data, which helps in crowd management, traffic monitoring, and proactive incident prevention.

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United States Video Analytics Market Trends and Drivers:

The adoption of video analytics is being propelled by its diverse applications beyond security, including customer behavior analysis in the retail sector and patient monitoring in healthcare settings. Businesses are leveraging these technologies to gain deeper insights into customer interactions and operational efficiencies, driving sales and improving service delivery, thereby bolstering the market. In addition to this, the expansion of the market is also supported by the growing availability of high-quality digital cameras and increased data processing capabilities, which enable the deployment of more sophisticated video analytics systems. Furthermore, with the ongoing enhancements in data privacy laws, video analytics providers are focusing on developing solutions that comply with legal standards, ensuring the protection of individual privacy, which is anticipated to drive the United States video analytics market over the forecasted period.

United States Video Analytics Market Segmentation:

Component Insights:

• Software
• Services

The report has provided a detailed breakup and analysis of the market based on the component. This includes software and services.

Deployment Type Insights:

• On-premises
• Cloud-based

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:

• Edge-Based
• Server-Based

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.

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Key Highlights of the Report:

• Market Performance (2018-2023)

• Market Outlook (2024-2032)

• Market Trends

• Market Drivers and Success Factors

• Impact of COVID-19

• Value Chain Analysis

• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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