Network Camera & Video Analytics Market Is Projected To Grow $5,760.27 Million By 2017-New Report By MarketsandMarkets

According to a new market research report “Network Camera and Video Analytics Market – Global Forecast, Trend & Analysis – Segmentation by Technology, Function, Resolution, Product & Service Type, System Architecture, Verticals, Application and Geography (2012 – 2017)”.

Network camera and video analytics market, on the whole, is expected to reach $5,760.27 million by 2017, at a CAGR of 22.4% from 2012 to 2017.

Network camera and video analytics are only two components of video surveillance system that are growing faster than the overall video surveillance market. The potential to boost efficiency levels of video surveillance, facilitate reduction of human intervention, and achieve related cost savings is encouraging the adoption of these two products.

The global video surveillance market has changed dramatically over the years. The need for intelligent security systems, increasing terrorist strikes, dwelling infrastructure, and rising criminal activities has fueled the demand for reliable and intelligent security systems.

The trends in video surveillance market is rapidly changing from analog to digital systems, standalone solutions to networked implementation and growing array of complex video analytics. The advantages of surveillance systems over physical security such as the ability to allow remote monitoring have resulted in wide deployment across the world. […]