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.

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.

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. 

Research Methodology

The market study of the China 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 opportunity. The report will serve as a source for 360-degree analysis of the market delivering insights for making better business decisions.

Market Segmentation

1. China Video Analytics Market Research and Analysis by Deployment Type
2. China Video Analytics Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the China 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 China video analytics market.
• Insights about market determinants which are stimulating the China video analytics market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.