Japan Video Analytics Market to 2027, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027
Japan video analytics market is
estimated to grow considerably at a CAGR of around 27.2% during the forecast
period. The increasing demand for safety and security in Japan has created a
need for more advanced fire and security solutions. For crime prevention and
security, there are growing calls for greater certainty in the maintenance of
safety and security in response to the increasing incidence of terrorism overseas,
greater international mobility due to globalization, and the rising numbers of
inbound tourists to Japan. A wide variety of security technologies are needed
to prevent accidents, criminal acts, and other threats to people’s way of life
and the infrastructure of society, and to detect and respond quickly when they
do occur.
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Along with this, a large number of
surveillance camera systems with embedded video analytics are being used in
Japan, with an aim to monitor and prevent crime in public places such as
railway stations, airports, and shopping complexes, and so on. Although some of
these are infra-red or other special-purpose cameras for monitoring at night or
in other situations with poor lighting, most are visible-light camera. While
many cameras have been installed in a variety of locations and for diverse
purposes to enable the continuous and detailed monitoring and recording of what
is happening over large areas, this still largely relies on people to view the
images. However, as future increases in the number of installed cameras with
embedded video analytics to provide greater anticrime and security
capabilities, there is a huge demand for video analytics technology to automate
the work in Japan.
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The companies which are contributing to
the growth of the Japan video analytics market include Bosch Security Systems,
Inc., Canon Inc., IBM Corp., Cisco Systems, Inc., and Hitachi Vantara LLC. 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.
Japan 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)
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Company Profiles
·
Bosch Security
Systems, Inc.
·
Canon Inc.
·
Cisco Systems, Inc.
·
Hanwha Techwin
·
Hitachi Vantara LLC
·
Honeywell
International Inc.
·
IBM Corp.
·
iCetana Pty Ltd
·
NEC Corp.
·
Sony Corp.
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