LAMEA Video Analytics in Banking Market Size, Share & Industry Trends Analysis Report By Component (Software, and Services), By Application, By Deployment Mode (On-premise, and Cloud), By Country and Growth Forecast, 2023 - 2030

The Latin America, Middle East and Africa Video Analytics in Banking Market would witness market growth of 30.1% CAGR during the forecast period (2023-2030).

In order to optimize staffing numbers, decrease wait times, and enhance overall customer experience, bank branches can utilize video analytics to monitor client behavior. Banks can spot service bottlenecks and put processes into place by looking at consumer interactions. Video analytics can monitor and improve various operational issues, including cash management, building management, and ATM maintenance. Cost savings, as well as better resource management, may result from this.

Regulations and compliance standards are extremely strict for banks. By monitoring activities and spotting potential violations, video analytics can help ensure that the bank's operations comply with these laws. With video analytics, banks can remotely monitor a number of branches and locations, providing centralized security management and minimizing the need for on-site presence at each location.

With a GDP of over US$ 3 trillion and accounting for half of Latin America's economy, Brazil is the eighth largest economy in the world. With 400 businesses, it also has the largest Fintech sector in the region and ranks fifth globally. According to the International Trade Administration (ITA), investment in Brazilian Fintech startups started at around US$52 million in 2015 and increased to US$ 1.6 billion in 2019.

Growth in the banking sector is also visible in Ethiopia. According to the ITA, thirty banks, with 8,250 branches, currently operate nationwide, serving almost 115 million residents. Deposits totaling over $30 billion and loans totaling over $25 billion are reported in the National Bank of Ethiopia's (NBE) quarterly bulletin, released in October 2022. The banking system's entire capital is thought to be $3.2 billion. Hence, the regional market is expected to experience growth in coming years due to the growth of the regional banking industry and the rise in corporate expenditure in putting cutting-edge technology into use.

The Brazil market dominated the LAMEA Video Analytics in Banking Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $152.3 Million by 2030. The Argentina market is showcasing a CAGR of 30.8% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 29.8% during (2023 - 2030).

Based on Component, the market is segmented into Software, and Services. Based on Application, the market is segmented into Security & Fraud Detection, ATM Monitoring, Customer Behavior Analysis, Queue Management, and Others. Based on Deployment Mode, the market is segmented into On-premise, and Cloud. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Worldwide Video Analytics in Banking Market is Projected to reach USD 7.5 Billion by 2030, at a CAGR of 24.9%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Senstar Technologies Ltd., Zhejiang Dahua Technology Co., Ltd, Axis Communications AB (Canon, Inc.), AllGoVision Technologies Pvt. Ltd, IBM Corporation, Wipro Limited, Bosch Security Systems GmbH (Robert Bosch GmbH), Grekkom Technologies, Avigilon Corporation (Motorola Solutions), and Eagle Eye Networks, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Component

• Software
• Services

By Application

• Security & Fraud Detection
• ATM Monitoring
• Customer Behavior Analysis
• Queue Management
• Others

By Deployment Mode

• On-premise
• Cloud

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

• Senstar Technologies Ltd.
• Zhejiang Dahua Technology Co., Ltd
• Axis Communications AB (Canon, Inc.)
• AllGoVision Technologies Pvt. Ltd
• IBM Corporation
• Wipro Limited
• Bosch Security Systems GmbH (Robert Bosch GmbH)
• Grekkom Technologies
• Avigilon Corporation (Motorola Solutions)
• Eagle Eye Networks, Inc.

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Video Analytics in Banking Market, by Component
1.4.2 LAMEA Video Analytics in Banking Market, by Application
1.4.3 LAMEA Video Analytics in Banking Market, by Deployment Mode
1.4.4 LAMEA Video Analytics in Banking Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints

Chapter 4. Competition Analysis - Global
4.1 Market Share Analysis, 2022
4.2 Porter’s Five Forces Analysis

Chapter 5. LAMEA Video Analytics in Banking Market by Component
5.1 LAMEA Software Market by Country
5.2 LAMEA Services Market by Country

Chapter 6. LAMEA Video Analytics in Banking Market by Application
6.1 LAMEA Security & Fraud Detection Market by Country
6.2 LAMEA ATM Monitoring Market by Country
6.3 LAMEA Customer Behavior Analysis Market by Country
6.4 LAMEA Queue Management Market by Country
6.5 LAMEA Others Market by Country

Chapter 7. LAMEA Video Analytics in Banking Market by Deployment Mode
7.1 LAMEA On-premise Market by Country
7.2 LAMEA Cloud Market by Country

Chapter 8. LAMEA Video Analytics in Banking Market by Country
8.1 Brazil Video Analytics in Banking Market
8.1.1 Brazil Video Analytics in Banking Market by Component
8.1.2 Brazil Video Analytics in Banking Market by Application
8.1.3 Brazil Video Analytics in Banking Market by Deployment Mode
8.2 Argentina Video Analytics in Banking Market
8.2.1 Argentina Video Analytics in Banking Market by Component
8.2.2 Argentina Video Analytics in Banking Market by Application
8.2.3 Argentina Video Analytics in Banking Market by Deployment Mode
8.3 UAE Video Analytics in Banking Market
8.3.1 UAE Video Analytics in Banking Market by Component
8.3.2 UAE Video Analytics in Banking Market by Application
8.3.3 UAE Video Analytics in Banking Market by Deployment Mode
8.4 Saudi Arabia Video Analytics in Banking Market
8.4.1 Saudi Arabia Video Analytics in Banking Market by Component
8.4.2 Saudi Arabia Video Analytics in Banking Market by Application
8.4.3 Saudi Arabia Video Analytics in Banking Market by Deployment Mode
8.5 South Africa Video Analytics in Banking Market
8.5.1 South Africa Video Analytics in Banking Market by Component
8.5.2 South Africa Video Analytics in Banking Market by Application
8.5.3 South Africa Video Analytics in Banking Market by Deployment Mode
8.6 Nigeria Video Analytics in Banking Market
8.6.1 Nigeria Video Analytics in Banking Market by Component
8.6.2 Nigeria Video Analytics in Banking Market by Application
8.6.3 Nigeria Video Analytics in Banking Market by Deployment Mode
8.7 Rest of LAMEA Video Analytics in Banking Market
8.7.1 Rest of LAMEA Video Analytics in Banking Market by Component
8.7.2 Rest of LAMEA Video Analytics in Banking Market by Application
8.7.3 Rest of LAMEA Video Analytics in Banking Market by Deployment Mode

Chapter 9. Company Profiles
9.1 Senstar Technologies Ltd.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 SWOT Analysis
9.2 Zhejiang Dahua Technology Co., Ltd.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional Analysis
9.2.4 Product Development Expenses
9.2.5 SWOT Analysis
9.3 Axis Communications AB (Canon, Inc.)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 SWOT Analysis
9.4 AllGoVision Technologies Pvt. Ltd
9.4.1 Company Overview
9.4.2 Recent strategies and developments:
9.4.2.1 Product Launches and Product Expansions:
9.4.3 SWOT Analysis
9.5 IBM Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 SWOT Analysis
9.6 Wipro Limited
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 SWOT Analysis
9.7 Bosch Security Systems GmbH (Robert Bosch GmbH)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.6 SWOT Analysis
9.8 Grekkom Technologies
9.8.1 Company Overview
9.8.2 SWOT Analysis
9.9 Avigilon Corporation (Motorola Solutions, Inc.)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional & Segmental Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.9.6 SWOT Analysis
9.10. Eagle Eye Networks, Inc.
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Acquisition and Mergers:
9.10.3 SWOT Analysis

TABLE 1 LAMEA Video Analytics in Banking Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Video Analytics in Banking Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Video Analytics in Banking Market by Component, 2019 - 2022, USD Million
TABLE 4 LAMEA Video Analytics in Banking Market by Component, 2023 - 2030, USD Million
TABLE 5 LAMEA Software Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Software Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Services Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Services Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Video Analytics in Banking Market by Application, 2019 - 2022, USD Million
TABLE 10 LAMEA Video Analytics in Banking Market by Application, 2023 - 2030, USD Million
TABLE 11 LAMEA Security & Fraud Detection Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Security & Fraud Detection Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA ATM Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA ATM Monitoring Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Customer Behavior Analysis Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Customer Behavior Analysis Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Queue Management Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Queue Management Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Video Analytics in Banking Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 22 LAMEA Video Analytics in Banking Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 23 LAMEA On-premise Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA On-premise Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Cloud Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Cloud Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Video Analytics in Banking Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Video Analytics in Banking Market by Country, 2023 - 2030, USD Million
TABLE 29 Brazil Video Analytics in Banking Market, 2019 - 2022, USD Million
TABLE 30 Brazil Video Analytics in Banking Market, 2023 - 2030, USD Million
TABLE 31 Brazil Video Analytics in Banking Market by Component, 2019 - 2022, USD Million
TABLE 32 Brazil Video Analytics in Banking Market by Component, 2023 - 2030, USD Million
TABLE 33 Brazil Video Analytics in Banking Market by Application, 2019 - 2022, USD Million
TABLE 34 Brazil Video Analytics in Banking Market by Application, 2023 - 2030, USD Million
TABLE 35 Brazil Video Analytics in Banking Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 36 Brazil Video Analytics in Banking Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 37 Argentina Video Analytics in Banking Market, 2019 - 2022, USD Million
TABLE 38 Argentina Video Analytics in Banking Market, 2023 - 2030, USD Million
TABLE 39 Argentina Video Analytics in Banking Market by Component, 2019 - 2022, USD Million
TABLE 40 Argentina Video Analytics in Banking Market by Component, 2023 - 2030, USD Million
TABLE 41 Argentina Video Analytics in Banking Market by Application, 2019 - 2022, USD Million
TABLE 42 Argentina Video Analytics in Banking Market by Application, 2023 - 2030, USD Million
TABLE 43 Argentina Video Analytics in Banking Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 44 Argentina Video Analytics in Banking Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 45 UAE Video Analytics in Banking Market, 2019 - 2022, USD Million
TABLE 46 UAE Video Analytics in Banking Market, 2023 - 2030, USD Million
TABLE 47 UAE Video Analytics in Banking Market by Component, 2019 - 2022, USD Million
TABLE 48 UAE Video Analytics in Banking Market by Component, 2023 - 2030, USD Million
TABLE 49 UAE Video Analytics in Banking Market by Application, 2019 - 2022, USD Million
TABLE 50 UAE Video Analytics in Banking Market by Application, 2023 - 2030, USD Million
TABLE 51 UAE Video Analytics in Banking Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 52 UAE Video Analytics in Banking Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 53 Saudi Arabia Video Analytics in Banking Market, 2019 - 2022, USD Million
TABLE 54 Saudi Arabia Video Analytics in Banking Market, 2023 - 2030, USD Million
TABLE 55 Saudi Arabia Video Analytics in Banking Market by Component, 2019 - 2022, USD Million
TABLE 56 Saudi Arabia Video Analytics in Banking Market by Component, 2023 - 2030, USD Million
TABLE 57 Saudi Arabia Video Analytics in Banking Market by Application, 2019 - 2022, USD Million
TABLE 58 Saudi Arabia Video Analytics in Banking Market by Application, 2023 - 2030, USD Million
TABLE 59 Saudi Arabia Video Analytics in Banking Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 60 Saudi Arabia Video Analytics in Banking Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 61 South Africa Video Analytics in Banking Market, 2019 - 2022, USD Million
TABLE 62 South Africa Video Analytics in Banking Market, 2023 - 2030, USD Million
TABLE 63 South Africa Video Analytics in Banking Market by Component, 2019 - 2022, USD Million
TABLE 64 South Africa Video Analytics in Banking Market by Component, 2023 - 2030, USD Million
TABLE 65 South Africa Video Analytics in Banking Market by Application, 2019 - 2022, USD Million
TABLE 66 South Africa Video Analytics in Banking Market by Application, 2023 - 2030, USD Million
TABLE 67 South Africa Video Analytics in Banking Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 68 South Africa Video Analytics in Banking Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 69 Nigeria Video Analytics in Banking Market, 2019 - 2022, USD Million
TABLE 70 Nigeria Video Analytics in Banking Market, 2023 - 2030, USD Million
TABLE 71 Nigeria Video Analytics in Banking Market by Component, 2019 - 2022, USD Million
TABLE 72 Nigeria Video Analytics in Banking Market by Component, 2023 - 2030, USD Million
TABLE 73 Nigeria Video Analytics in Banking Market by Application, 2019 - 2022, USD Million
TABLE 74 Nigeria Video Analytics in Banking Market by Application, 2023 - 2030, USD Million
TABLE 75 Nigeria Video Analytics in Banking Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 76 Nigeria Video Analytics in Banking Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 77 Rest of LAMEA Video Analytics in Banking Market, 2019 - 2022, USD Million
TABLE 78 Rest of LAMEA Video Analytics in Banking Market, 2023 - 2030, USD Million
TABLE 79 Rest of LAMEA Video Analytics in Banking Market by Component, 2019 - 2022, USD Million
TABLE 80 Rest of LAMEA Video Analytics in Banking Market by Component, 2023 - 2030, USD Million
TABLE 81 Rest of LAMEA Video Analytics in Banking Market by Application, 2019 - 2022, USD Million
TABLE 82 Rest of LAMEA Video Analytics in Banking Market by Application, 2023 - 2030, USD Million
TABLE 83 Rest of LAMEA Video Analytics in Banking Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 84 Rest of LAMEA Video Analytics in Banking Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 85 Key Information – Senstar Technologies Ltd.
TABLE 86 Key Information – Zhejiang Dahua Technology Co., Ltd.
TABLE 87 Key Information – Axis Communications AB
TABLE 88 Key Information – AllGoVision Technologies Pvt. Ltd
TABLE 89 Key Information – IBM Corporation
TABLE 90 Key Information – Wipro Limited
TABLE 91 Key Information – Bosch Security Systems GmbH
TABLE 92 Key Information – Grekkom Technologies
TABLE 93 Key Information – Avigilon Corporation
TABLE 94 Key Information – Eagle Eye Networks, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Video Analytics in Banking Market, 2019 - 2030, USD Million
FIG 3 Key Impacting Factors video analytics in banking market
FIG 4 Market Share Analysis, 2022
FIG 5 Porter’s Five Forces Analysis – Video Analytics in Banking Market
FIG 6 LAMEA Video Analytics in Banking Market share by Component, 2022
FIG 7 LAMEA Video Analytics in Banking Market share by Component, 2030
FIG 8 LAMEA Video Analytics in Banking Market by Component, 2019 - 2030, USD Million
FIG 9 LAMEA Video Analytics in Banking Market share by Application, 2022
FIG 10 LAMEA Video Analytics in Banking Market share by Application, 2030
FIG 11 AMEA Video Analytics in Banking Market by Application, 2019 - 2030, USD Million
FIG 12 LAMEA Video Analytics in Banking Market share by Deployment Mode, 2022
FIG 13 LAMEA Video Analytics in Banking Market share by Deployment Mode, 2030
FIG 14 LAMEA Video Analytics in Banking Market by Deployment Mode, 2019 - 2030, USD Million
FIG 15 LAMEA Video Analytics in Banking Market share by Country, 2022
FIG 16 LAMEA Video Analytics in Banking Market share by Country, 2030
FIG 17 LAMEA Video Analytics in Banking Market by Country, 2019 - 2030, USD Million
FIG 18 SWOT Analysis: Senstar Technologies Ltd.
FIG 19 SWOT Analysis: Zhejiang Dahua Technology Co., Ltd.
FIG 20 SWOT Analysis: Axis Communications AB
FIG 21 SWOT Analysis: AllGoVision Technologies Pvt. Ltd
FIG 22 Swot Analysis: IBM Corporation
FIG 23 SWOT Analysis: Wipro Limited
FIG 24 SWOT Analysis: Bosch Security Systems GmbH
FIG 25 SWOT Analysis: Grekkom Technologies
FIG 26 SWOT Analysis: Avigilon Corporation
FIG 27 SWOT Analysis: Eagle Eye Networks, Inc.