The North America video analytics market is expected to grow from US$ 2,630.10 million in 2022 to US$ 8,820.40 million by 2028; it is estimated to grow at a CAGR of 22.3% from 2022 to 2028.

The rising availability of cameras with high resolutions, such as 4K or 8K, allows businesses to perform more precise and sophisticated video analyses. High resolutions aid in the correct identification and analysis of objects/people in crowds, triggering alerts when circumstances are ticked. These high-resolution cameras are also capable of filtering and searching videos and extracting insights from video information. Owing to high resolution, improved vision angle, sustainability, and technology compatibility, high-definition (HD) cameras are increasingly being used in the security business. Furthermore, higher pixel characteristics provide superior digital zoom capabilities to improve long-range vision, thereby favoring the detailed analysis of the behavior of people, crowds, and vehicles. Many companies focus on launching high-definition cameras with enhanced capabilities. For example, Amazon.com, Inc. launched HD home security cameras—Blink Outdoor and Blink Indoor—in the US and Canada in September 2020. These cameras feature a 1080p HD video resolution, infrared night vision, two-way audio, and long battery life. HD videos recorded by these modern cameras aid in the effective monitoring of homes for security, which drives the video analytics market growth.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America video analytics market . The North America video analytics market is expected to grow at a good CAGR during the forecast period.

North America Video Analytics Market Revenue and Forecast to 2028 (US$ Million )

North America Video Analytics Market Segmentation

The North America video analytics market is segmented into component, deployment, application, vertical, and country. Based on component, the North America video analytics market is divided into solution and service. The solution would dominate the North America video analytics market in 2022. By deployment, the North America video analytics market is categorized into on premise and cloud based. The cloud-based segment would dominate the North America video analytics market in 2022. In terms of application, the North America video analytics market is categorized into crowd management, facial recognition, intrusion detection, license plate recognition, motion detection, and others. The crowd management segment would dominate the North America video analytics market in 2022. From vertical point of reference, the North America video analytics market is categorized into BFSI, education, hospitality and entertainment, manufacturing, defense and border security, retail, transportation and logistics, and others. The defense and border security segment would dominate the North America video analytics market in 2022. Based on country, the North America video analytics market is segmented into the US, Canada, and Mexico. The US would dominate the North America video analytics market in 2022.

Key players operating in the North America video analytics market are Avigilon Corporation; AXIS COMMUNICATIONS; Agent Video Intelligence Ltd.; Honeywell International Inc.; AllGoVision Technologies Pvt. Ltd.; Dahua Technology Co., Ltd; Hangzhou Hikvision Digital Technologies Co., Ltd.; Huawei Technologies Co., Ltd.; NEC Corporation; and BriefCam by Altair, among others.

TABLE OF CONTENTS

1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Video Analytics Market – By Component
1.3.2 North America Video Analytics Market – By Deployment
1.3.3 North America Video Analytics Market – By Application
1.3.4 North America Video Analytics Market – By Vertical
1.3.5 North America Video Analytics Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Video Analytics Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Video Analytics Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Adoption of IP-Based Security Systems is Public Safety Applications
5.1.2 Development of Advanced Systems for Precision Monitoring
5.2 Market Restraints
5.2.1 Concerns Regarding Cybersecurity
5.3 Market Opportunities
5.3.1 Integration with New Technologies
5.4 Future Trends
5.4.1 Integration of Real time Technologies
5.5 Impact Analysis of Drivers and Restraints
6. Video Analytics Market – North America Market Analysis
6.1 North America Video Analytics Market Overview
6.2 North America Video Analytics Market Forecast and Analysis
7. North America Video Analytics Market – By Component
7.1 Overview
7.2 North America Video Analytics Market, By Component (2021 And 2028)
7.3 Solution
7.3.1 Overview
7.3.2 Solution: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Service
7.4.1 Overview
7.4.2 Service: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Video Analytics Market – by Deployment
8.1 Overview
8.2 North America Video Analytics Market, By Deployment (2021 And 2028)
8.3 On Premise
8.3.1 Overview
8.3.2 On Premise: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Cloud Based
8.4.1 Overview
8.4.2 Cloud Based: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Video Analytics Market – by Application
9.1 Overview
9.2 North America Video Analytics Market, By Application (2021 And 2028)
9.3 Crowd Management
9.3.1 Overview
9.3.2 Crowd Management: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Facial Recognition
9.4.1 Overview
9.4.2 Facial Recognition: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Intrusion Detection
9.5.1 Overview
9.5.2 Intrusion Detection: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
9.6 License Plate Recognition
9.6.1 Overview
9.6.2 License Plate Recognition: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Motion Detection
9.7.1 Overview
9.7.2 Motion Detection: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
9.8 Others
9.8.1 Overview
9.8.2 Others: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
10. North America Video Analytics Market – by Vertical
10.1 Overview
10.2 North America Video Analytics Market, By Vertical (2021 And 2028)
10.3 BFSI
10.3.1 Overview
10.3.2 BFSI: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Hospitality and Entertainment
10.4.1 Overview
10.4.2 Hospitality and Entertainment: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Education
10.5.1 Overview
10.5.2 Education: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
10.6 Manufacturing
10.6.1 Overview
10.6.2 Manufacturing: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
10.7 Defense and Border Security
10.7.1 Overview
10.7.2 Defense and Border Security: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
10.8 Retail
10.8.1 Overview
10.8.2 Retail: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
10.9 Transportation and Logistics
10.9.1 Overview
10.9.2 Transportation and Logistics: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
10.10 Others
10.10.1 Overview
10.10.2 Others: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
11. North America Video Analytics Market – by Country Analysis
11.1 North America: Video Analytics Market
11.1.1 North America: Video Analytics, by Key Country
11.1.1.1 US: Video Analytics – Revenue, and Forecast to 2028 (US$ Million)
11.1.1.1.1 US: Video Analytics, By Component
11.1.1.1.2 US: Video Analytics Market, By Vertical
11.1.1.1.3 US: Video Analytics Market, By Deployment
11.1.1.1.4 US: Video Analytics Market, By Application
11.1.1.2 Canada: Video Analytics – Revenue, and Forecast to 2028 (US$ Million)
11.1.1.2.1 Canada: Video Analytics, By Component
11.1.1.2.2 Canada: Video Analytics Market, By Vertical
11.1.1.2.3 Canada: Video Analytics Market, By Deployment
11.1.1.2.4 Canada: Video Analytics Market, By Application
11.1.1.3 Mexico: Video Analytics – Revenue, and Forecast to 2028 (US$ Million)
11.1.1.3.1 Mexico: Video Analytics, By Component
11.1.1.3.2 Mexico: Video Analytics Market, By Vertical
11.1.1.3.3 Mexico: Video Analytics Market, By Deployment
11.1.1.3.4 Mexico: Video Analytics Market, By Application
12. Industry Landscape
12.1 Market Initiative
12.2 Merger and Acquisition
12.3 New Development
13. Company Profiles
13.1 Avigilon Corporation
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 AXIS COMMUNICATIONS
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Agent Video Intelligence Ltd.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Honeywell International Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 AllGoVision Technologies Pvt. Ltd
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Hangzhou Hikvision Digital Technology Co., Ltd.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Dahua Technology Co., Ltd.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Huawei Technologies Co., Ltd.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 NEC Corporation
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 BriefCam
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary

LIST OF TABLES

Table 1. North America Video Analytics Market, Revenue and Forecast, 2019–2028 (US$ Mn)
Table 2. US: Video Analytics, By Component –Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Video Analytics Market, By Vertical–Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Video Analytics Market, By Deployment –Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Video Analytics Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Video Analytics, By Component –Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Video Analytics Market, By Vertical–Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: Video Analytics Market, By Deployment –Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada: Video Analytics Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: Video Analytics, By Component –Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: Video Analytics Market, By Vertical–Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico: Video Analytics Market, By Deployment –Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico: Video Analytics Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 14. Glossary of Terms, Video Analytics Market
 
 

LIST OF FIGURES

Figure 1. North America Video Analytics Market Segmentation
Figure 2. North America Video Analytics Market Segmentation – by Country
Figure 3. North America Video Analytics Market Overview
Figure 4. North America Video Analytics Market, By Component
Figure 5. North America Video Analytics Market, By Deployment
Figure 6. North America Video Analytics Market, By Application
Figure 7. North America Video Analytics Market, By Vertical
Figure 8. North America Video Analytics Market, By Country
Figure 9. North America: PEST Analysis
Figure 10. North America Video Analytics Market Ecosystem Analysis
Figure 11. North America Expert Opinion
Figure 12. North America Video Analytics Market Impact Analysis of Drivers and Restraints
Figure 13. North America Video Analytics Market, Forecast and Analysis (US$ Mn)
Figure 14. North America Video Analytics Market, By Component (2021 and 2028)
Figure 15. North America Solution: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Service: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Video Analytics Market, By Deployment (2021 and 2028)
Figure 18. North America on Premise: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America Cloud Based: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America Video Analytics Market, By Application (2021 and 2028)
Figure 21. North America Crowd Management: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. North America Facial Recognition: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. North America Intrusion Detection: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. North America License Plate Recognition: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. North America Motion Detection: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. North America Others: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. North America Video Analytics Market, By Vertical (2021 and 2028)
Figure 28. North America BFSI: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. North America Hospitality and Entertainment: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. North America Education: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. North America Manufacturing: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. North America Defense and Border Security: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. North America Retail: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. North America Transportation and Logistics: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. North America Others: Video Analytics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. North America: Video Analytics Market, by Key Country – Revenue (2021) (US$ Million)
Figure 37. North America: Video Analytics Revenue Share, by Key Country (2021 and 2028)
Figure 38. US: Video Analytics – Revenue, and Forecast to 2028 (US$ Million)
Figure 39. Canada: Video Analytics – Revenue, and Forecast to 2028 (US$ Million)
Figure 40. Mexico: Video Analytics – Revenue, and Forecast to 2028 (US$ Million)

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America video analytics market.
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the North America video analytics market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America video analytics market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

The List of Companies – North America Video Analytics Market

● Avigilon Corporation
● AXIS COMMUNICATIONS
● Agent Video Intelligence Ltd.
● Honeywell International Inc.
● AllGoVision Technologies Pvt. Ltd.
● Dahau Technology Co., Ltd
● Hangzhou Hikvision Digital Technologies Co., Ltd.
● Huawei Technologies Co., Ltd.
● NEC Corporation
● BriefCam

At 22.3% CAGR, the North America Video Analytics Market is speculated to be worth US$ 8820.40 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the North America video analytics market was valued at US$ 2,630.10 million in 2022 and is expected to reach US$ 8,820.40 million by 2028, registering an annual growth rate of 16.8% from 2022 to 2028. Growing adoption of IP-based security systems is public safety applications and increasing demand for teal-time monitoring.

IP-based surveillance systems, high-resolution IP cameras, and network video recorders are increasingly being used in video management systems. An increase in IP infrastructure, a rise in tele density, and a demand for remote access are the factors encouraging developments in IP-based security solutions. As a result, companies in the video analytics market are expanding their product portfolios to include IP-based security cameras with integrated video analytics functions. For example, in October 2020, Bosch released “IP 3000i Cameras” with a built-in video analytics system. The integration of IP-based security cameras with video analytics enables remote access, smart data capture, blocked emergency exit or queue notifications, intrusion detection, crowd management, and facial recognition. IP-based security cameras are used in retail spaces for behavior analytics and demographics. Thus, the need for video analytics solutions is growing with the elevating deployment of IP-based security cameras across various sectors. Because it is prone to a variety of mishaps and crimes, the public transportation industry is seeing significant government investments in public safety. According to Axis Communications’ poll, 97 percent of respondents from 30 nations have security cameras installed in their vehicles. In addition, various institutes and businesses are collaborating to develop innovative solutions. This is expected to drive the market during the forecast period.

On the contrary, concerns regarding cybersecurity hurdles the growth of North America video analytics market.

Based on Component, the North America video analytics market is divided into solution and service. The solution video analytics segment held 78.8% market share in 2022, amassing US$ 2,073.02 million. It is projected to garner US$ 7,157.39 million by 2028 to expand at 22.9% CAGR during 2022–2028.

Based on Deployment, the North America video analytics market is categorized into on premise and cloud based. The cloud-based segment held 55.8% market share in 2022, amassing US$ 1,467.84 million. It is projected to garner US$ 5,106.56 million by 2028 to expand at 23.1% CAGR during 2022–2028.

Based on Application, the North America video analytics market is categorized into crowd management, facial recognition, intrusion detection, license plate recognition, motion detection, and others. The crowd management segment held 27.9% market share in 2022, amassing US$ 733.37 million. It is projected to garner US$ 2,578.17 million by 2028 to expand at 23.3% CAGR during 2022–2028.

Based on Vertical, the North America video analytics market is categorized into BFSI, education, hospitality and entertainment, manufacturing, defense and border security, retail, transportation and logistics, and others. The defense and border security segment held 25.9% market share in 2022, amassing US$ 682.19 million. It is projected to garner US$ 2428.88 million by 2028 to expand at 23.6% CAGR during 2022–2028

Based on country, the North America video analytics market has been categorized into the US, Canada, and Mexico. Our regional analysis states that US captured 84.3% market share in 2022. It was assessed at US$ 2,216.65 million in 2022 and is likely to hit US$ 7,532.62 million by 2028, exhibiting a CAGR of 22.6% during the forecast period.

Key players dominating the North America Video analytics market are Avigilon Corporation; AXIS COMMUNICATIONS; Agent Video Intelligence Ltd.; Honeywell International Inc.; AllGoVision Technologies Pvt. Ltd.; Dahua Technology Co., Ltd; Hangzhou Hikvision Digital Technologies Co., Ltd.; Huawei Technologies Co., Ltd.; NEC Corporation; and BriefCam, among others.

In May 2021, Dahua Technology Unveils Upgraded WizMind to Enhance AI Experience. In Mar 2022, Huawei Thailand receives prestigious Prime Minister Award as Digital International Corporation of the Year.