Asia-Pacific video analytics market is estimated to grow significantly at a CAGR of around 27.6% during the forecast period. The growth of the Asia-Pacific video analytics market is primarily being driven by China and India’s fast-paced economies and significant demand for city surveillance solutions. China, India, Japan, Australia, Korea, and Taiwan are the key regions growing at a significant rate due to increasing demand for public safety and security. Adoption of innovative video analytics technology and automation software is driving the global video analytics market in the Asia-Pacific region. The video surveillance systems in the Asia-Pacific region are improving significantly and expected to contribute to the global video analytics market.

Asia-Pacific video analytics market is full of opportunities and considered to be the most emerging market due to rising demand for improved security arrangements, increasing incidences of shoplifting, robbery and theft and other crimes. Asia-Pacific region is growing at a modest rate due to various factors such as the ever-growing requirement of organizations to get actionable insights in real-time and increasing demand for technologically enhanced public safety infrastructure. Improving security system, prevalence robbery, shoplifting and investment from private players and government are expected to drive the Asia-Pacific region in the next few years. Asia-Pacific ANPR (automatic number plate recognition) system market is predicted to contribute highest in the growth of the video analytics market followed by the face recognition market due to huge traffic management demand and favorable government policies.

The companies which are contributing to the growth of the Asia-Pacific video analytics market include Bosch Security Systems, Inc., Cisco Systems, Inc., Hanwha Techwin, IBM Corp., and Canon Inc. 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. 

Research Methodology

The market study of the Asia-Pacific video analytics market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, various services offered by the players, and market opportunities. The report will serve as a source for 360-degree analysis of the market delivering insights for making better business decisions.

Market Segmentation

1. Asia-Pacific Video Analytics Market Research and Analysis by Deployment Type
2. Asia-Pacific Video Analytics Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the Asia-Pacific video analytics market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Asia-Pacific video analytics market.
• Insights about market determinants which are stimulating the Asia-Pacific video analytics market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.