Market Research: Video Analytics Market Growing at 20.9% CAGR to 2020

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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.

Video analytics solutions are widely being adopted by businesses across a broad spectrum of end users, such as commercial & industrial security, residential security, urban security & public safety, airport & maritime security, critical infrastructure protection, retail industry, entertainment establishments, casinos, defense intelligence & border security, transportation & logistics, and others.

Check 65 data tables & 37 figures spread through 142 pages with in-depth TOC on "Video Analytics Market"

The complete video analytics market analysis evaluates various types,end users,applications,and regions of the video analytics market. The overall market size is found by adding up the individual market sizes of all the applications including intrusion management, crowd management, situation induction, license plate recognition, pattern recognition, and other applications.

The video analytics solution iscurrently offered by numerous vendors such as IBM, Cisco, Axis Communications, Honeywell, Avigilon, and others. These vendors are selling variations of video analytics applications and managed services. The applications offered by these vendors are either licensed based or directly embedded into the cameras.

Nowadays, the major issue retraining the growth of the video analytics market is the cost of the solution and the privacy issues associated to it. Thus, the video analytics vendors as well as resellers and systems integrators are working together to make sure that the maximum features are provided to the customers within the rules and regulations determined the government. The video analytics vendors are also engaged in delivering advanced applications with lower cost to enhance security.

The report is expected to help the market leaders/new entrants in this market in the following ways:

  • This report segments the video analytics market into applications, covering this market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and the sub-segments. The market numbers are further split across types, end users, and regions.
  • This report will help them better understand the competitors and gain more insights to better position their business. There is a separate section on competitive landscape that includes competitors? ecosystem and their roles in the market. Besides, there are company profiles of the top 10 players in this market. In this section, market internals are provided that can put them ahead of the competitors.
  • The report helps them to understand the overall growth of the market. The report provides information and analysis of key market drivers, restraints, challenges, and opportunities.

Source: reportsnreports.com
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