China Video Analytics Market Trends, Research Report, Growth, Opportunities, Forecast 2021-2027

 

China video analytics market is estimated to grow considerably at a CAGR of around 27.3% during the forecast period. China is one of the largest video analytics market across the globe. With the large installations of surveillance cameras and massive amounts of video data, the end users in China are eagerly seeking ways to interpret the large amounts of data they collect with (video content analytics) VCA. The video analytics software is mainly used by the police and traffic departments in China. The Chinese video analytics vendors are evolving towards the development of a full value chain ecosystem including collaboration from GPU (graphic computing unit) providers, software developers, vendors, and system integrators.

A full report of China Video Analytics Market is available at: https://www.omrglobal.com/industry-reports/china-video-analytics-market

Video analytics has high potential in China due to wide applications in the retail sector to increase business efficiency and improve customer experience. No-checkouts retail stores are one example where this kind of technology could be used. These stores allow customers to walk in, select products and walk out again, without them needing to stand in a checkout line. Payment is made automatically. Amazon launched a no-checkout store called, Amazon Go, in 2016. Facial-recognition video analytics software is becoming necessary and the authorities are using it in subway stations, on streets, at airports and at border crossings and so on. The aim of using video analytics software is to influence behavior and identify lawbreakers.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/china-video-analytics-market

The companies which are contributing to the growth of the China video analytics market include Bosch Security Systems, Inc., Canon Inc., IBM Corp., Cisco Systems, Inc., and Sony Corp. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.

China Video Analytics Market- Segmentation

By Deployment Type

·        Cloud-based

·        On-Premises

By Application

·        Banking, Financial Services, and Insurance (BFSI)

·        Healthcare

·        Retail

·        Government & Defense

·        Traffic Management

·        Others (Surveillance)

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/china-video-analytics-market

Company Profiles

·        Aventura Technologies, Inc.

·        Bosch Security Systems, Inc.

·        Canon Inc.

·        Cisco Systems, Inc.

·        Hanwha Techwin

·        Honeywell International Inc.

·        IBM Corp.

·        IntelliVision (Nortek Security & Control LLC)

·        Sony Corp.

Reasons to Buying From us –

1.      We cover more than 15 major industries, further segmented into more than 90 sectors.

2.      More than 120 countries are for analysis.

3.      Over 100+ paid data sources mined for investigation.

4.      Our expert research analysts answer all your questions before and after purchasing your report.

 

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit Orion Market Research

 

Media Contact:

Contact Person: Mr. Anurag Tiwari

Email: anurag@omrglobal.com

Contact no: +91 780-304-0404

Company Name: Orion Market Research