TMCnet News
Global Video Analytics Market - Growth, Trends & Forecasts to 2020 - Research and MarketsThe "Global Video Analytics Market - Market Size, Growth, Trends, and Forecasts (2016 - 2021)" report has been added to Research and Markets' offering. The video analytics market has been estimated at USD 1.34 billion in 2015 and is projected to reach USD 3.51 billion by 2020, growing at a CAGR of 21.24% during the forecast period from 2015 to 2020. Video analytics is capable of automatically analyzing video to detect and provide data in terms of object detection, smoke detection, and many other features. Technological advancements and on-board camera innovations are providing new features that are constantly adding value, thereby increasing the application of video analytics across various verticals and end-users. The demand for video analytics is growing not only because of the security-related information provided but also as it helps in improving operational efficiency by providing insights about customer demographics that help in better decision-making and improve the business profitability. The video analytics market is witnessing growth due to the rising security and safety issues, where manually locating individual incidents is time-consuming. Video analytics help in reducing crime by providing alerts of any suspicious event. The need for intelligent video surveillance is increasing due to the additional features it provides over the conventional systems such as greater accuracy, scalability, and cost-effectiveness. The increasing demand for business intelligence is also driving the market. However, this market faces certain drawbacks such as high initial costs, low awareness levels about industry standards and computability issues. Companies Mentioned:
Key Topics Covered: 1. Introduction 2. Research Methodology 3. Key Findings 4. Executive Summary 5. Video Analytics - Market Overview and Technology Trends 6. Drivers 7. Restraints 8. Opportunities 9. Video Analytics Market Segmentation 10. Vendor Market Share Analysis 11. Key Company Profiles 12. Investment Analysis 13. Future Outlook of Video Analytics For more information about this report visit https://www.researchandmarkets.com/research/pg4sqm/global_video View source version on businesswire.com: http://www.businesswire.com/news/home/20171110005296/en/ |