UK video analytics market is estimated to grow considerably at a CAGR of around 27.5% during the forecast period. UK is one of the mature markets for video analytics, with a penetration level around twice that of France or Germany. UK is facing security problems with a far greater reach than its economic ones. ISIS terror threats are alarming and show no signs of declining. The present UK security measures, which have been effective in the past, cannot meet the 21st century ISIS-inspired terror tactics. A revision of UK security infrastructure and funding is already underway. The transformation of UK security infrastructure and HLS budgets is required.
The 2015 Paris and the March 2016 Brussels terrorist attacks have focused greater attention on the threats posed by international terrorists and acted as an outgrowth for UK authorities to enhance emergency planning and response capabilities. UK market for security & safety products such as motion detection system, border surveillance system is sophisticated and well served. Video surveillance and video analytics companies are well entrenched in UK video analytics market.
ANPR (automatic number plate recognition) system is also very effective in maintaining the traffic system in UK to improve public safety and security. The ANPR is used by law enforcement agencies in UK to assist in detecting and preventing lawbreaking including handling terrorists and crime groups. The movement of the vehicle on UK roads is recorded by a network of more than 7000 cameras capturing between 25 and 35 million ANPR records daily. These records are stored for up to two years in the National ANPR Data Centre (NADC), which can be accessed, analyzed and used as evidence as part of investigations by UK law enforcement agencies.
The companies which are contributing to the growth of the UK video analytics market include AxxonSoft, Bosch Security Systems, Inc., Cisco Systems, Inc., Ipsotek Ltd., 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 UK 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
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
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segment
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. UK Video Analytics Market by Deployment Type
5.1.1. Cloud-based
5.1.2. On-Premises
5.2. UK Video Analytics Market by Application
5.2.1. Banking, Financial Services, and Insurance (BFSI)
5.2.2. Healthcare
5.2.3. Retail
5.2.4. Government & Defense
5.2.5. Traffic Management
5.2.6. Others (Surveillance)
6. Company Profiles
6.1. AxxonSoft
6.2. Bosch Security Systems, Inc.
6.3. BriefCam Ltd.
6.4. Canon Inc.
6.5. Cisco Systems, Inc.
6.6. Covert Security Ltd.
6.7. Crowd Vision Ltd.
6.8. Honeywell International Inc.
6.9. IBM Corp.
6.10. Ipsotek Ltd.
6.11. Sony Corp.
6.12. Viseum
1. UK VIDEO ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2018-2025 ($ MILLION)
2. UK VIDEO ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
1. UK VIDEO ANALYTICS MARKET SHARE BY DEPLOYMENT TYPE, 2018 VS 2025 (%)
2. UK VIDEO ANALYTICS MARKET SHARE BY APPLICATION, 2018 VS 2025 (%)