Trends, Drivers and Growth in Global Video Analytics Market Mar-2017

Global Video Analytics Market 2017-2021
The Video Analytics Market report contains a comprehensive market and vendor landscape in addition
to a SWOT analysis of the key vendors for 2017-2021. The following companies are the key players in the
global video analytics market: Axis Communications, Bosch Security Systems, Cisco Systems, IBM, and
Honeywell. Other Prominent Vendors in the market are Agent Video Intelligence, Infinova, IntelliVision
Technologies, NICE Systems, ObjectVideo, and Verint Systems.
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Market Trend
The latest trend gaining momentum in the video analytics market is growing preferences for IP cameras
over analog cameras. Internet protocol (IP)-based cameras combine capabilities of analog cameras with
PC functionality. It does not require a direct connection to a PC to operate and can be placed anywhere
within a network. IP cameras have their own IP addresses and can be accessed or controlled through
any IP network like a WAN, LAN, Intranet, or the Internet. Thus, the adoption of IP cameras is likely to
increase during the forecast period.
Market Driver
One of the major drivers for video analytics market is enhanced processing power of collected data. The
integration of the video analytics technology with surveillance cameras helps to increase the processing
power of the collected data. Arrays and algorithms used during the integration enable users to add
filters and setting based on the location where it is being installed. In addition, video analytics-enabled
surveillance cameras can also be controlled through apps, which make them efficient and applicable for
smart buildings.
Market Challenge
One of the major factors hindering the growth of video analytics market is need for skilled workforces.
Though video analytics-enabled cameras help users reducing workforces required, they need trained
operators. Data collected with the help of video analytics require experts in order to analyze and alter
algorithms based on requirements of users. The effectiveness of the data analysis depends on the
knowledge and skills of operators, which, in turn, helps improving the response time in case of
emergency.
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Table of Contents of the Report
PART 01: Executive summary
PART 02: Scope of the report