Video content analytics determines temporal events, which are not based on a single image. These services are similar to biological visual cortex. Video analytics have numerous applications ranging from entertainment to transport and from healthcare to security. Real-time access and analysis of the movements and recognition of apprehensive behavior are key factors for the demand in the global video analytics market.
Growing applications and technological advancements are creating strong growth prospects for the industry for the years to come. According to the experts, the industry will continue its high growth rate for the next few years to come. During this period, more and more companies are expected to expand their businesses across new marketplaces.
Drivers and Trends in Intelligent Video Analytics
Intelligent video analytics utilizes centralized processing power to track moving objects on the basis of their size and shape. This tracking helps them analyze these activities based on the standard rules and regulations. As a result, these services are commonly used in analyzing traffic patterns, training, studying marketing effectiveness, improving building designs, and carrying out various surveillance activities.
Apart from identification of the desired or suspicious incidents, these systems also encode videos and metadata for effective search across the stored information. Rising applications across different industrial verticals is a strong driver for the technologies like video analytics on global scale. Global intelligent video analytics market is also gaining strong hopes in terms of growth and demand, thanks to growing applications within the surveillance segment. They are emerging as […]
Source: marketsandmarketsblog.com