Video Analytics Market: Share, Growth, Trends And Forecast To 2023
The need for enhanced security and demand for gathering insights from customer behavior is driving the video analytics market globally. The market for video analytics is anticipated to expand at a CAGR of 20.6% during the forecast period from 2015 to 2023. The global video analytics market was valued at US$ 1,709.0 Mn in 2014. Some of the key factors driving the growth of the video analytics market include the expanding range of vertical applications, a growing trend toward bringing retail outlets and commercial premises under video analytics due to security concerns and the need to monitor and understand the environment around the premises.
Nigel Spinks To Lead Liaison Committee For The Monitoring Association
Tyco Security Products, part of Johnson Controls, announces that Nigel Spinks has been named Chairman of the Associate Members? Liaison Committee for The Monitoring Association, formerly known as the Central Station Alarm Association (CSAA). Spinks, who is the Global Senior Director Communication Service Provider Sales at Tyco Security Products, is a long time member of The Monitoring Association and will lead a committee that serves as the voice for manufacturers who are members of the association.
Video Surveillance Market Global Forecast To 2022
The Video Surveillance market was valued at US$30.37 Billion in 2016 and is projected to reach US$75.64 Billion by 2022, at a CAGR of 15.4% between 2017 and 2022, according to research published by published by MarketsandMarkets. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022. Implementation of video analytics, increased installation of video surveillance systems, usage of cloud-based services for centralized data, use of high-definition cameras, and the need for physical security are the major factors driving the growth of the video surveillance market. Growing safety and security concerns, rising crime rates, and increasing terror attacks are some of the factors driving the growth of the camera subsegment of the hardware segment. Continuously decreasing prices of cameras have resulted in an increase in the adoption of surveillance cameras across the globe. With the increasing use of cameras, the servers, storage devices, and monitors subsegments of the hardware segment are also growing at a significant rate.
Veracity Acquisition Of icomply Delivers True End-To-End Security System Integration For Command And Control
Veracity, a leading provider of innovative, intelligent solutions that solve real-world IP video challenges in transmission, storage, and display has announced the full acquisition of icomply (I-Comply Ltd), the UK?s leading software provider of integrated command and control security solutions. The agreement includes all operational staff, software, intellectual property, ongoing business and also icomply?s sales and support subsidiary in India. Veracity will maintain icomply as a separate business and will immediately expand its operations including an imminent move to larger premises.
New Integrations From Connected Technologies
New integrations from Connected Technologies with the industry?s most exciting products continues to expand the installation and specification possibilities of the Connect One® cloud-hosted security management platform. The new Remote Connect cloud service makes it even faster and easier to connect to the control panels by eliminating the need to change customer router settings, firewall rules or to use Domain Name Service (DNS) to access the systems remotely.
2016 Physical Security Market Influencer: Brandon Reich, Senior Director Surveillance Solutions, Pivot3
The Security.World community voted during the summer of 2016 and selected the Physical Security and Video Surveillance industry?s Top 12 Influencers. This Profile is one in the series of 12 of those individuals that are making a difference in our industry. Congratulations to Brandon Reich, Senior Director Surveillance Solutions, Pivot3. We reached out to Brandon to get his views and insight on what is happening in the physical security and video surveillance market. Here are his thoughts…
Video Surveillance Technology To Have Biggest Impact On Security Businesses in 2017, Capital One Survey Finds
A Capital One survey found that more than half (52 percent) of security professionals see video surveillance as the technology trend that will have the biggest impact on their businesses in the coming year – a significant increase from 2015 when only 23 percent of respondents answered similarly. Growth of interconnected devices (the “Internet of Things”) was cited as the next most significant trend at 28 percent.
Urbanova Standardizes On Boon Edam Turnstiles For All Its Lima Buildings
Boon Edam Inc., a global leader in security entrances and architectural revolving doors, announced that the real estate company Urbanova has standardized on Boon Edam turnstiles for all its Lima, Peru buildings. The real estate firm?s objective was to have an access control system that eases the control function for building guards with simple, robust equipment and a design consistent with the intended image of its buildings: solidity and modernity.
Video Analytics Market 2016 Analysis and Forecast to 2022
According to Stratistics MRC, the Global Video Analytics Market is estimated at $2.3 billion in 2015 and is expected to reach $11.2 billion by 2022, growing at a Compound Annual Growth Rate (CAGR) of 25.3% from 2015 to 2022. Some of the key drivers of the video analytics market include, the transition of video scrutiny system from analog to digital, surfacing of open standards, and increase in the efficiency of video scrutiny system.
Video Surveillance Market To Grow Estimated CAGR Over 16% Between 2016 And 2022
According to market research firm MarketsandMarkets, The video surveillance market is expected to reach US$71.28 billion by 2022, at an estimated CAGR of 16.56% between 2016 and 2022. The major reason for the growth in video surveillance is due to the increasing rate of security threats, criminal activities, thefts, and others. The advancements in video surveillance applications such as cloud services, network cameras, big data analytics, and other technologies have increased the scope of the video surveillance market for wider application in different sectors.
Video Surveillance Service Market Valued At $1.5B By 2020
Technavio, a U.K.-based global technology researcher, has published a report on expected growth areas in the global security as a service market, estimating that by 2020, the overall market for what it terms ?video surveillance as a service? (VsaaS) will be valued at US$1.5 billion.
2016 Physical Security Industry Influencers: VOTE NOW!
Scroll down and read about the 2016 Security.World Industry Influencers then vote for who you believe influences our industry the most. Who do you believe has great insight into the physical security and video surveillance markets that their advice needs to be followed? Who do you make sure you check out as a conference speaker, or follow closely on twitter, or read all their blogs? Below is a list of nominations submitted during July. Vote now and Security.World will accept and count the votes our community submits for the industry leaders and market influencers. Who do you vote for?
Global Video Surveillance Storage Consumption 2016 Market Research Report
The report provides a basic overview of the Video Surveillance Storage industry including definitions, classifications, applications, and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.
2016: Who Is a Physical Security and Video Surveillance Market Influencer?
It?s time for the Third Annual Physical Security and Video Surveillance Market Influencers Nominations. Nominate yourself —or that influential market leader— that others should listen to and take note of their subject matter expertise and industry foresight. Security.World will take nominations through August 5th, 2016. Are you an industry mover and shaker? Do you —or someone you know— command an audience when they speak on the subject? Do you, or someone you know, have such great insight into the physical security and video surveillance markets that their advice needs to be followed? For example, conference speakers, twitter, bloggers, or the like. Nominate yourself —or that influential market leader— that others should listen to and take note of their subject matter expertise and industry foresight.
RESEARCH: Video Surveillance Market (Analog, IP) And Geography Analysis Forecast To 2022
This report provides valuable insights regarding ecosystem of this market such as product developers and application developers, OEMs, system integrators, middleware and firmware providers, suppliers and distributors, cloud-based service providers, camera manufactures, software developers, biometric sensor providers, video recorders manufacturers, and standardization and testing firms.
Global Video Surveillance and VSaaS Systems Market to Reach US$48.32 Billion Due to Rising Safety and Security Concerns
A new market research study published by Transparency Market Research covers the global video surveillance and VSaaS systems market. The report predicts huge growth prospects for the market in the near future owing to a general rise in safety, security, and theft concerns in the current scenario. The report states that the market will develop at a healthy 18.1% CAGR between 2014 and 2020, rising from a valuation of US$14.98 billion in 2013 to US$48.32 billion by 2020.
What?s in a Name? ?Connected? Versus ?Smart? Thermostats
This is a research note from Omar Talpur, analyst for Security and Building Technologies at IHS. The note comments on the differences between ?connected? and ?smart? thermostats. When Nest Labs introduced the Nest Learning Thermostat in 2011, the company awakened a dormant thermostat industry. In the prior few decades, consumers had not seen much improvement in thermostats and the improvements that did occur were more cosmetic than functional – for example programmable thermostats with touchscreens that became available around 2005.
Research and Markets: Global Smart Security Market 2015-2019 to Grow at CAGR of 18.5%
Research and Markets has announced the addition of the “Global Smart Security Market 2015-2019” report to their offering. The global smart security market to grow at a CAGR of 18.59% over the period 2014-2019. This report also provides a forecast and analysis of end-users, such as residential users, commercial sector, utility sector, and government sector.
North America Perimeter Security Market Trends, Market Size, and Forecast (2013-2019)
The North American perimeter security market is estimated to grow at a CAGR of 3.9% from 2014 to 2019. Although the U.S. holds the larger shares in the North American perimeter security market, Canada and Mexico are expected to grow considerably. The growth of perimeter security market in this region is driven by the need of security against terrorist?s activities, government regulations, and requirement of reducing manpower cost.
Market Research: Video Analytics Market Growing at 20.9% CAGR to 2020
Global video analytics market research identifies the key driving factors, restraints, challenges, and opportunities that are impacting this market and shaping the future road-map. Check 65 data tables & 37 figures spread through 142 pages with in-depth TOC on "Video Analytics Market"