Market Forecast by Countries (United States, Canada), By Component (Software , Services), By Deployment Model (Cloud, On-premises), By Application (Incident Detection, Intrusion Management, Traffic Monitoring), By Type (Server-based, Edge-based), By Vertical (Banking, financial services, and insurance (BFSI), Critical Infrastructure, Education, Hospitality & Entertainment, Manufacturing, Government & Defense, Retail, Transportation & Logistics) And Competitive Landscape
Product Code: ETC4620963 | Publication Date: Jul 2023 | Updated Date: Mar 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
Report Name | North America Video Analytics Market |
Forecast period | 2025-2031 |
Market Size | USD 13.3 billion by 2031 |
CAGR | 21.3% |
Growing Sector | Defense |
North America Video Analytics Market report thoroughly covers the market by countries, component, deployment model, application, type and vertical. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
North America Video Analytics Market was valued at USD 2.8 billion and is expected to reach USD 13.3 billion, growing at a CAGR of around 21.3% from 2025 to 2031. Video analytics, also known as intelligent video surveillance, is an advanced technology that uses algorithms and artificial intelligence to analyze live or recorded videos for various purposes.
The North America Video Analytics Market is expected to witness significant growth in the coming years. With the increasing adoption of video surveillance systems and the growing need for advanced security solutions, the demand for video analytics technology is rising rapidly in this region. According to 6Wresearch, the North America Video Analytics Market Size is expected to reach a significant CAGR of 21.3% during the forecast period 2025-2031. The rapid expansion of the video analytics market in North America can be attributed to several key factors. One primary driver is the growing demand for enhanced public safety and security, spurred by rising criminal activities and terrorist threats. In response, governments and organizations are investing heavily in video surveillance systems to monitor and assess potential risks. Additionally, the integration of advanced technologies, such as Artificial Intelligence (AI) and Deep Learning (DL), into video analytics has significantly improved their functionality. These technologies enable the real-time processing of large data volumes from multiple cameras, offering accurate insights and timely alerts for informed decision-making. The increasing shift toward cloud-based video analytics solutions is another contributing factor, as cloud technology provides scalable, cost-effective options for storing and analysing vast amounts of video data, making it a favoured choice for businesses.
The key players include IBM Corporation, Cisco Systems, Honeywell International, Axis Communications, Avigilon Corporation, Genetec. These companies are known for their advanced video analytics solutions that leverage AI and cognitive computing. Additionally, these organizations offer comprehensive video analytics solutions integrated with their security products.
North America Video Analytics Market is growing and government’s regulation and policies are helping in extension of the market. Governments at federal, state, and local levels have been investing significantly in upgrading their surveillance infrastructure with advanced video analytics capabilities. These investments are part of broader smart city projects, which aim to improve urban infrastructure, reduce crime rates, and enhance the overall quality of life for citizens. Additionally, government agencies are deploying video analytics in critical infrastructure sectors such as transportation and public utilities to safeguard against potential threats and improve operational efficiency. Grant programs and funding opportunities are also being made available to encourage public and private entities to adopt these cutting-edge technologies.
The future of North America Video Analytics Market looks promising due to various factors such as the integration of advanced AI and deep learning algorithms that will further enhance the precision and capabilities of video analytics. These innovations will enable even more complex and nuanced analyses, such as emotion detection, behavioural analysis, and predictive insights. Additionally, the proliferation of 5G networks will support the seamless transmission of high-definition video streams, allowing for real-time analytics and quicker decision-making processes. The increasing emphasis on cybersecurity will also push for the development of more secure and compliant video analytics solutions, addressing concerns over data privacy and protection.
According to Ravi Bhandari, Research Head, 6Wresearch, United States is poised to experience significant growth in coming years due to substantial investments in smart city projects and heightened concerns over national security. The U.S. government’s focus on enhancing public safety through advanced surveillance technologies.
Software segment is projected to experience robust growth in the future attributed to the continuous advancements in AI, machine learning, and deep learning technologies that are being integrated into video analytics software.
Cloud deployment model is expected to exhibit significant growth in the coming years attributed to the increasing demand for scalable, flexible, and cost-efficient solutions that cloud-based models offer.
Incident detection is poised for substantial growth in the future due to the importance of real-time incident detection has become paramount across various sectors, including commercial, industrial, and public safety.
Edge-based are poised for significant growth in the near future due to the increasing demand for real-time video analytics and the necessity to minimize latency. Edge-based solutions process data closer to the source, such as on cameras or local devices.
Government and defense sectors are expected to grow most rapidly in coming years due to the increasing need for national security, border control, and public safety, video analytics technologies are being integrated to monitor and respond to potential threats in real-time.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Video Analytics Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Video Analytics Market Revenues & Volume, 2021 & 2031F |
3.3 North America Video Analytics Market - Industry Life Cycle |
3.4 North America Video Analytics Market - Porter's Five Forces |
3.5 North America Video Analytics Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Video Analytics Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.7 North America Video Analytics Market Revenues & Volume Share, By Deployment Model , 2021 & 2031F |
3.8 North America Video Analytics Market Revenues & Volume Share, By Application , 2021 & 2031F |
3.9 North America Video Analytics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.10 North America Video Analytics Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 North America Video Analytics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Video Analytics Market Trends |
6 North America Video Analytics Market, 2021 - 2031 |
6.1 North America Video Analytics Market, Revenues & Volume, By Component , 2021 - 2031 |
6.2 North America Video Analytics Market, Revenues & Volume, By Deployment Model , 2021 - 2031 |
6.3 North America Video Analytics Market, Revenues & Volume, By Application , 2021 - 2031 |
6.4 North America Video Analytics Market, Revenues & Volume, By Type, 2021 - 2031 |
6.5 North America Video Analytics Market, Revenues & Volume, By Vertical, 2021 - 2031 |
7 United States Video Analytics Market, 2021 - 2031 |
7.1 United States Video Analytics Market, Revenues & Volume, By Component , 2021 - 2031 |
7.2 United States Video Analytics Market, Revenues & Volume, By Deployment Model , 2021 - 2031 |
7.3 United States Video Analytics Market, Revenues & Volume, By Application , 2021 - 2031 |
7.4 United States Video Analytics Market, Revenues & Volume, By Type, 2021 - 2031 |
7.5 United States Video Analytics Market, Revenues & Volume, By Vertical, 2021 - 2031 |
8 Canada Video Analytics Market, 2021 - 2031 |
8.1 Canada Video Analytics Market, Revenues & Volume, By Component , 2021 - 2031 |
8.2 Canada Video Analytics Market, Revenues & Volume, By Deployment Model , 2021 - 2031 |
8.3 Canada Video Analytics Market, Revenues & Volume, By Application , 2021 - 2031 |
8.4 Canada Video Analytics Market, Revenues & Volume, By Type, 2021 - 2031 |
8.5 Canada Video Analytics Market, Revenues & Volume, By Vertical, 2021 - 2031 |
9 North America Video Analytics Market Key Performance Indicators |
10 North America Video Analytics Market - Opportunity Assessment |
10.1 North America Video Analytics Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Video Analytics Market Opportunity Assessment, By Component , 2021 & 2031F |
10.3 North America Video Analytics Market Opportunity Assessment, By Deployment Model , 2021 & 2031F |
10.4 North America Video Analytics Market Opportunity Assessment, By Application , 2021 & 2031F |
10.5 North America Video Analytics Market Opportunity Assessment, By Type, 2021 & 2031F |
10.6 North America Video Analytics Market Opportunity Assessment, By Vertical, 2021 & 2031F |
11 North America Video Analytics Market - Competitive Landscape |
11.1 North America Video Analytics Market Revenue Share, By Companies, 2024 |
11.2 North America Video Analytics Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |