European video analytics market is estimated to grow significantly, at a CAGR of around 27.1% during the forecast period. Europe is one of the leading markets in the video analytics market across the globe. High technology adoption rates coupled with more stringent rules and safety standards over public sectors are some of the major contributing factors to the growth of the video analytics market in Europe. UK is the largest market for video analytics in the European region, followed by Germany, France, Italy, Spain, and the Netherlands. The ANPR is used by law enforcement agencies in the UK to assist in detecting and preventing lawbreaking including handling terrorists and crime groups. The Government of Germany also installing a video surveillance system with embedded video analytics software to improve the public safety and security of the nation. After the terror attack in central Berlin, the German government and agencies started to improve the security system by the support of video analytics software.

Nowadays, video security surveillance cameras and video analytics are widely used in European public and private venues. Fortunately, the increased processing capability allows processing a large amount of video data in real-time. European governments, security forces, and the business sector show an increased demand for HD quality, real time analytics and high cost, security surveillance systems. Video analytics is critical when it comes to human operators. These professionals require a 24/7 high labour cost and a high rate of overlooked threats. The EU and the rest of the European video analytics market for products and services are served by local video and security companies. They do not encounter any EU direct trade barriers or quotas.

The companies which are contributing to the growth of the European video analytics market include Bosch Security Systems, Inc., Canon Inc., digivod GmbH, Securiton GmbH, and IBM 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 European 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. European Video Analytics Market Research and Analysis by Deployment Type
2. European Video Analytics Market Research and Analysis by Application

The Report Covers

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