North American video analytics market is estimated to grow significantly at a CAGR of around 27.2% during the forecast period. North America video analytics market includes the US and Canada. The US is predicted to contribute highest in the growth of North American video analytics market due to the presence of large organizations with the need for the high security surveillance system. The market is mainly driven by the availability of technical expertise, ever growing requirement of organizations to get actionable insights in real-time and increasing demand for technologically enhanced public safety infrastructure in the region. The need for advanced video surveillance systems is growing due to the increase in crimes and accidents which is a vital factor in the growth of the market in the region.

In North America, new entrants in the video analytics market are also contributing to the market growth. There are some successful companies in this region. Companies are collaborating to meet the demand for intelligent security systems. The startup companies such as Retailnext and Capillary technologies providing video analytics, Wi-Fi detection of mobile devices (including Bluetooth), data from point-of-sale systems, and other. In addition, introduction to IP technology played a vital role in the growth of the video analytics market. IP cameras have high resolution and better motion quality which increase the demand for high quality video analytics system in the market.  The demand for cameras with embedded video analytics, such as motion, face, and object detection are rising in this region. These emerging technologies have contributed to increasing the demand for security products which drives the North American video analytics market.

The companies which are contributing to the growth of the North American video analytics market include Bosch Security Systems, Inc., Cisco Systems, Inc., Aventura Technologies, Inc., Honeywell International Inc., 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 North American 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. North American Video Analytics Market Research and Analysis by Deployment Type
2. North American Video Analytics Market Research and Analysis by Application

The Report Covers

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