Market By Deployment, Software Types, Application, And Country | Forecast 2021-2028
As mentioned in the report by Triton Market Research, the video analytics market in Latin America is expected to grow at a CAGR of 19.92% during the estimated period 2021-2028.
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The countries scrutinized in this market include:
•       Brazil
•       Mexico
•       Rest of Latin America
In Latin America, the surge in criminal cases and terrorist attacks have increased the need for video surveillance systems. Among the region’s nations, Brazil is the largest contributor to video surveillance, which can be attributed to the accelerated sales of IP surveillance equipment. Moreover, key players are expanding their business operations in the region, further adding to the progression of the studied market. For instance, Indigo Vision, a leading video security specialist, is set to help the Brazilian government by distributing video surveillance cameras for the Sao Paulo International Airport. Hence, the factors mentioned above are anticipated to widen the scope and growth of the video analytics market across Latin America.
Mexico is one of the growing economies in the region, and ranks the second-largest for fintech start-ups in the region. This influx of technology start-ups holds the potential to support the considered market’s growth to a large extent. Additionally, the automotive sector observes substantial growth, with prominent players expanding business operations in the country. Above all, the real estate sector is proliferating exponentially, which is expected to stimulate the need for video surveillance and video analytics. Hence, as mentioned above, these factors are estimated to supplement the growth of Mexico’s video analytics market in the near future.
Honeywell is a diversified technology and manufacturing company offering aerospace products and services, safety and security technologies for buildings, sensing, and other services. Its business segments include aerospace, home and building technologies, performance materials, and safety solutions. The company’s manufacturing, sales, and R&D activities are spread across multiple regions, including Latin America.
1. LATIN AMERICA VIDEO ANALYTICS MARKET - SUMMARY
2. INDUSTRY OUTLOOK
2.1. KEY INSIGHTS
2.1.1. UNDERSTANDING RETAIL CONSUMER BEHAVIOUR USING VIDEO ANALYTICS
2.1.2. DEEP LEARNING CREATING REVOLUTIONARY VIDEO ANALYTICS SOLUTIONS
2.1.3. GROWTH IN SMART CITIES
2.2. IMPACT OF COVID-19 ON VIDEO ANALYTICS MARKET
2.3. PORTER’S FIVE FORCES ANALYSIS
2.3.1. THREAT OF NEW ENTRANTS
2.3.2. THREAT OF SUBSTITUTE
2.3.3. BARGAINING POWER OF SUPPLIERS
2.3.4. BARGAINING POWER OF BUYERS
2.3.5. THREAT OF COMPETITIVE RIVALRY
2.4. MARKET ATTRACTIVENESS MATRIX
2.5. VENDOR SCORECARD
2.6. KEY MARKET STRATEGIES
2.6.1. CONTRACTS & PARTNERSHIPS
2.6.2. BUSINESS EXPANSIONS & DIVESTITURES
2.6.3. ACQUISITIONS & MERGERS
2.6.4. NEW PRODUCT LAUNCHES
2.7. MARKET DRIVERS
2.7.1.  GROWTH IN THE INSTALLATION OF SURVEILLANCE CAMERAS
2.7.2.  SECURITY BENEFITS OFFERED BY VIDEO ANALYTICS SOLUTIONS
2.7.3.  INCREASED SURVEILLANCE NEEDS FOR PUBLIC SAFETY
2.8. MARKET CHALLENGES
2.8.1. HIGH COST OF SETUP AND SUPPORT HARDWARE
2.8.2. PRIVACY CONCERNS
2.8.3. LACK OF AWARENESS
2.9. MARKET OPPORTUNITIES
2.9.1. INCREASED APPLICATIONS IN HEALTHCARE INDUSTRY
2.9.2. GROWTH IN DRONE VIDEO SURVEILLANCE
2.9.3. HIGH DEMAND FROM SPORTS INDUSTRY
2.9.4. APPLICATIONS IN SMART PARKING
3. LATIN AMERICA VIDEO ANALYTICS MARKET - BY DEPLOYMENT
3.1. ON-PREMISES
3.2. CLOUD
4. LATIN AMERICA VIDEO ANALYTICS MARKET - BY SOFTWARE TYPES
4.1. DETECTION SOFTWARE
4.1.1. MOTION DETECTION SOFTWARE
4.1.2. OBJECT DETECTION SOFTWARE
4.1.3. OTHER DETECTION SOFTWARES
4.2. APPLICATIONS OF DETECTION SOFTWARE
4.3. RECOGNITION SOFTWARE
4.3.1. LICENSE PLATE RECOGNITION SOFTWARE
4.3.2. FACIAL RECOGNITION SOFTWARE
4.4. APPLICATIONS OF RECOGNITION SOFTWARE
4.5. CROWD MANAGEMENT SOFTWARE
4.6. APPLICATIONS OF CROWD MANAGEMENT SOFTWARE
5. LATIN AMERICA VIDEO ANALYTICS MARKET - BY APPLICATION
5.1. GOVERNMENT
5.2. GOVERNMENT APPLICATION BY SOFTWARE TYPE
5.3. COMMERCIAL
5.4. COMMERCIAL APPLICATION BY SOFTWARE TYPE
5.5. TRANSPORT & LOGISTICS
5.6. TRANSPORT & LOGISTICS APPLICATION BY SOFTWARE TYPE
5.7. OTHER APPLICATIONS
5.8. OTHER APPLICATION BY SOFTWARE TYPE
6. LATIN AMERICA VIDEO ANALYTICS MARKET - COUNTRY OUTLOOK
6.1. BRAZIL
6.2. MEXICO
6.3. REST OF LATIN AMERICA
7. COMPETITIVE LANDSCAPE
7.1. ADT CORPORATION
7.2. AXIS COMMUNICATIONS
7.3. BOSCH GMBH
7.4. CISCO
7.5. DAHUA
7.6. GENETEC
7.7. GORILLA TECHNOLOGY
7.8. HIKVISION
7.9. HONEYWELL
7.10. HUAWEI
7.11. I2V
7.12. IBM
7.13. INTELLIVISION
7.14. MOBOTIX
7.15. VERINT
8. METHODOLOGY & SCOPE
8.1. RESEARCH SCOPE & DELIVERABLES
8.2. SOURCES OF DATA
8.3. RESEARCH METHODOLOGY
TABLE 1: LATIN AMERICA VIDEO ANALYTICS MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)
TABLE 2: MARKET ATTRACTIVENESS MATRIX
TABLE 3: VENDOR SCORECARD
TABLE 4: LIST OF CONTRACTS & PARTNERSHIPS
TABLE 5: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
TABLE 6: LIST OF ACQUISITIONS & MERGERS
TABLE 7: LIST OF NEW PRODUCT LAUNCHES
TABLE 8: LATIN AMERICA VIDEO ANALYTICS MARKET, BY DEPLOYMENT, 2021-2028 (IN $ MILLION)
TABLE 9: LATIN AMERICA VIDEO ANALYTICS MARKET, BY SOFTWARE TYPES, 2021-2028 (IN $ MILLION)
TABLE 10: LATIN AMERICA VIDEO ANALYTICS MARKET, BY DETECTION SOFTWARE, 2021-2028 (IN $ MILLION)
TABLE 11: LATIN AMERICA DETECTION SOFTWARE MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 12: LATIN AMERICA VIDEO ANALYTICS MARKET, BY RECOGNITION SOFTWARE, 2021-2028 (IN $ MILLION)
TABLE 13: LATIN AMERICA RECOGNITION SOFTWARE MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 14: LATIN AMERICA CROWD MANAGEMENT SOFTWARE MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 15: LATIN AMERICA VIDEO ANALYTICS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 16: LATIN AMERICA GOVERNMENT MARKET, BY SOFTWARE TYPES, 2021-2028 (IN $ MILLION)
TABLE 17: LATIN AMERICA COMMERCIAL MARKET, BY SOFTWARE TYPES, 2021-2028 (IN $ MILLION)
TABLE 18: LATIN AMERICA TRANSPORT & LOGISTICS MARKET, BY SOFTWARE TYPES, 2021-2028 (IN $ MILLION)
TABLE 19: LATIN AMERICA OTHER APPLICATIONS MARKET, BY SOFTWARE TYPES, 2021-2028 (IN $ MILLION)
TABLE 20: LATIN AMERICA VIDEO ANALYTICS MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)
FIGURE 1: PORTER’S FIVE FORCES ANALYSIS
FIGURE 2: LATIN AMERICA VIDEO ANALYTICS MARKET, BY DEPLOYMENT, 2020 & 2028
FIGURE 3: LATIN AMERICA VIDEO ANALYTICS MARKET, BY ON-PREMISES, 2021-2028 (IN $ MILLION)
FIGURE 4: LATIN AMERICA VIDEO ANALYTICS MARKET, BY CLOUD, 2021-2028 (IN $ MILLION)
FIGURE 5: LATIN AMERICA VIDEO ANALYTICS MARKET, BY SOFTWARE TYPES, 2020 & 2028
FIGURE 6: LATIN AMERICA VIDEO ANALYTICS MARKET, BY DETECTION SOFTWARE, 2021-2028 (IN $ MILLION)
FIGURE 7: LATIN AMERICA VIDEO ANALYTICS MARKET, BY DETECTION SOFTWARE, 2020 & 2028
FIGURE 8: LATIN AMERICA VIDEO ANALYTICS MARKET, BY MOTION DETECTION SOFTWARE, 2021-2028 (IN $ MILLION)
FIGURE 9: LATIN AMERICA VIDEO ANALYTICS MARKET, BY OBJECT DETECTION SOFTWARE, 2021-2028 (IN $ MILLION)
FIGURE 10: LATIN AMERICA VIDEO ANALYTICS MARKET, BY OTHER DETECTION SOFTWARES, 2021-2028 (IN $ MILLION)
FIGURE 11: LATIN AMERICA VIDEO ANALYTICS MARKET, BY RECOGNITION SOFTWARE, 2021-2028 (IN $ MILLION)
FIGURE 12: LATIN AMERICA VIDEO ANALYTICS MARKET, BY RECOGNITION SOFTWARE, 2020 & 2028
FIGURE 13: LATIN AMERICA VIDEO ANALYTICS MARKET, BY LICENSE PLATE RECOGNITION SOFTWARE, 2021-2028 (IN $ MILLION)
FIGURE 14: LATIN AMERICA VIDEO ANALYTICS MARKET, BY FACIAL RECOGNITION SOFTWARE, 2021-2028 (IN $ MILLION)
FIGURE 15: LATIN AMERICA VIDEO ANALYTICS MARKET, BY CROWD MANAGEMENT SOFTWARE, 2021-2028 (IN $ MILLION)
FIGURE 16: LATIN AMERICA VIDEO ANALYTICS MARKET, BY APPLICATION, 2020 & 2028
FIGURE 17: LATIN AMERICA VIDEO ANALYTICS MARKET, BY GOVERNMENT, 2021-2028 (IN $ MILLION)
FIGURE 18: LATIN AMERICA VIDEO ANALYTICS MARKET, BY COMMERCIAL, 2021-2028 (IN $ MILLION)
FIGURE 19: LATIN AMERICA VIDEO ANALYTICS MARKET, BY TRANSPORT & LOGISTICS, 2021-2028 (IN $ MILLION)
FIGURE 20: LATIN AMERICA VIDEO ANALYTICS MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)
FIGURE 21: LATIN AMERICA VIDEO ANALYTICS MARKET, COUNTRY OUTLOOK, 2020 & 2028 (IN %)
FIGURE 22: BRAZIL VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)
FIGURE 23: MEXICO VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)
FIGURE 24: REST OF LATIN AMERICA VIDEO ANALYTICS MARKET 2021-2028 (IN $ MILLION)