Video Analytics Market Size To Reach $37.84 Billion By 2030

January 2025 | Report Format: Electronic (PDF)

Video Analytics Market Growth & Trends

The global video analytics market size is estimated to reach USD 37.84 billion by 2030, registering to grow at a CAGR of 19.5% from 2025 to 2030 according to a new report by Grand View Research, Inc. Increasing demand for intelligent security surveillance systems, which can be used for estimating key trends and deriving patterns, is the key factor driving the market growth. In addition, increasing concerns over public safety and the use of video analytics in criminal investigations are positively impacting demand for video analytics solutions.

Apart from surveillance, video analytics solutions have also found increasing applications in the retail sector for estimating average footfall, gender bifurcation, display effectiveness, and attractiveness of shelf space. Furthermore, superstores and mega marts have started implementing these systems to gain insight into consumer behavior.

The use of advanced algorithm technology in video analytics enables the examination of captured videos frame by frame, irrespective of light exposure, thereby making video analytics a reliable and efficient choice for ensuring security. Furthermore, industries such as transportation, retail, and healthcare are witnessing a significant increase in the adoption of video analytics, owing to rising application of intrusion detection, license plate recognition, crowd management, and congestion detection in these industries.


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Video Analytics Market Report Highlights

  • The software segment in the video analytics industry accounted for the largest revenue share of 79.3% in 2024 due to increasing demand for advanced security solutions across various sectors.

  • The cloud segment dominated the video analytics industry with the largest revenue share in 2024.

  • The facial recognition segment dominated the video analytics industry with the largest revenue share in 2024.

  • The smart cities segment dominated the video analytics industry with the largest revenue share in 2024.

Video Analytics Market Segmentation

Grand View Research has segmented the global video analytics market based on type, deployment, application, vertical, and region:

Video Analytics Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Software

  • Services

Video Analytics Deployment Outlook (Revenue, USD Million, 2018 - 2030)

  • Cloud

  • On-Premise

Video Analytics Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Crowd Management

  • Facial Recognition

  • Intrusion Detection

  • License Plate Recognition

  • Motion Detection

  • Others

Video Analytics Vertical Outlook (Revenue, USD Million, 2018 - 2030)

  • BFSI

  • Smart Cities

  • Critical Infrastructure

  • Education

  • Government

  • Retail

  • Transportation

  • Others

Video Analytics Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

  • Asia Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

  • Latin America

    • Brazil

  • Middle East and Africa (MEA)

    • South Africa

    • Saudi Arabia

    • UAE

List of Key Players in Video Analytics Market

  • Avigilon Corporation (Motorola Solutions, Inc.)

  • Canon Inc.

  • Cisco Systems, Inc.

  • Claro Enterprise Solutions

  • Honeywell International Inc.

  • Huawei Technologies Co Ltd.

  • IBM Corporation

  • Irisity AB

  • Qualcomm Technologies, Inc.

  • Robert Bosch GmbH  

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