India Video Surveillance Analytics Software Market is projected to grow at a CAGR of 32.7%


Posted January 4, 2019 by aarkstore2018

Video Surveillance Analytics Software Market in India has demonstrated an increase in demand, Market is projected to grow at a CAGR of 32.7% in 2024

 
In the past few years, video analytics market in India has demonstrated an increase in demand from government and commercial sectors to enhance the security levels. However, with few players in the market, video analytics is still in the niche stage as compared to developed economies. Traditionally, dominated by analog systems, India video surveillance market is set to take the next leap with IP surveillance cameras gradually penetrating in the market, which in turn is driving the demand for video analytics software.

According to research, India Video Surveillance Analytics Software Market is projected to grow at a CAGR of 32.7% during 2018-24. Traditionally controlled by analog based surveillance systems, India market is now shifting towards IP based surveillance systems. IP surveillance segment is registering positive growth in various vertical markets, predominantly across government & transportation, banking & financial, and commercial offices. With increase in deployment of IP based surveillance systems, rising demand for video surveillance analytics software market is witnessed in the country. Although, video surveillance analytics software market is in developing stage, but the market is expected to register significant growth during the forecast period.

In micro application, presently, Perimeter Intrusion Detection (PID) and Automated License Plate Recognition (ALPR) segments registered highest revenue share in the market. However, during 2018-24, the face recognition micro application segment is likely to register significant CAGR attributed to expected deployment by the government for public safety.

The report thoroughly covers India Video Surveillance Analytics Software market by applications, deployment, verticals, and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:
• Historical Data of Global Video Surveillance Analytics Software Market for the Period 2014-2017
• Market Size & Forecast of Global Video Surveillance Analytics Software Market until 2024
• Historical data of India Video Surveillance Analytics Software Market for the Period 2014-2017
• Market Size & Forecast of India Video Surveillance Analytics Software Market until 2024
• Market Size & Forecast of India Video Surveillance Analytics Software Vertical Market until 2024
• Market Size & Forecast of India Video Surveillance Analytics Software Market, By Deployment until 2024


market segments:
• By Macro Applications
o Traffic Surveillance
o Building Surveillance
o City Surveillance
o Business Intelligence
• By Micro Applications
o Perimeter Intrusion Detection
o Pattern Recognition
o Counting & Crowd Management
o Automatic License Plate Recognition (ALPR)
o Incident Detection
o Face Recognition
o Others (Tailgating, Advanced Behavioral Analysis, Eye Recognition Analysis etc.)
• By Deployment
o On-Premise
o On-Cloud
• By Verticals
o Government and Transportation
o BFSI
o Commercial & Industrial
o Healthcare
o Retail
o Others (Education, Residential, Hotel, and Utilities etc.)
For More Details: https://www.aarkstore.com/software/990124/india-video-surveillance-analytics-software-market-forecast-and-competitive-landscape

Category: Technology Market Research
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Tags video analytics market , video analytics software market , video surveillance india , video surveillance market india , video surveillance market size in india
Last Updated January 4, 2019