Video Analytics Market Landscape Analysed & Forecast by M&M in Comprehensive Research Study Recently Published at MarketPublishers.com13 Jul 2015 • by Natalie Aster
LONDON – Nowadays, the video analytics market growth is gaining momentum at a quick pace primarily owing to the incresing demand for security solutions, ongoing technological advancements and increasing penetration of video analytics for business intelligence. The video analytics solutions are more and more often adopted by different companies and enterprises across a wide range of end-use sectors, including residential security, airport and maritime security, urban security and public safety, commercial and industrial security, critical infrastructure protection, retail industry, defense intelligence and border security, entertainment and casinos, transportation and logistics, to name a few.
The value of the global video analytics market is predicted to grow from over USD 1.53 billion in 2015 to more than USD 3.97 billion in 2020, posting almost a 21% CAGR through 2020. Meanwhile, the Asia-Pacific region is expected to show the highest growth rates in the five upcoming years due to a strong local demand for video analytics solutions.
Cisco, Honeywell, Nice Systems, Avigilon, Agent Video Intelligence, Intellivision Technologies Corporation, Axis Communications, IBM, Robert Bosch GmBH and ObjectVideo are among the key companies in the global video analytics market.
Topical report “Video Analytics Market by Type (Hardware, Video Analytics Software, and Services), Applications (Intrusion Management, Crowd Management, Situation Indication, License Plate Recognition, Pattern Recognition) - Global Forecast to 2020” prepared by MarketsandMarkets (M&M) thoroughly analyses the performance of the global market for video analytics.
The report delves into the current situation in the video analytics marketplace. Moreover, it provides a comprehensive forecast for the market development up to 2020. An all-round market segmentation analysis based on type, application, region, and end users is also available in the study. The report provides unique data on video analytics market size, volume, value, growth drivers and limiters, opportunities and challenges, current and latest trends. By the way, the competitive landscape is thoroughly scrutinized and the key companies are profiled.
Video Analytics Market by Type (Hardware, Video Analytics Software, and Services), Applications (Intrusion Management, Crowd Management, Situation Indication, License Plate Recognition, Pattern Recognition) - Global Forecast to 2020
Date: June, 2015
Price: US$ 4,650.00
Other research studies by the publisher can be found at MarketsandMarkets page.