World Network Camera Market worth $5,760.27 Million by 2017 March 2014

World Network Camera and Video Analytics Market worth $5,760.27 Million by 2017
According to a new market research report “Network Camera Market Analysis – Segmentation by Technology, Function, Resolution, Product
Architecture, Verticals, Application and Geography (2012 - 2017)” published
network camera and video analytics market, on the whole, is expected to
2017, at a CAGR of 22.4% from 2012 to 2017.

Global Forecast, Trend &
& Service Type, System
by MarketsandMarkets, the
reach $5,760.27 million by

Browse 89 tables and tables with 28 figures spread through 277 pages in-depth TOC on “Network
Camera and Video Analytics Market - Global Forecast, Trend & Analysis – Segmentation by
Technology, Function, Resolution, Product & Service Type, System Architecture, Verticals,
Application and Geography (2012 - 2017)”.

http://www.marketsandmarkets.com/Market-Reports/visual-communication-market-775.html

Early buyers will receive 10% customization on this report.

The global video surveillance market has changed dramatically over the years. The need for intelligent
security systems, increasing terrorist strikes, dwelling infrastructure, and rising criminal activities has
fueled the demand for reliable and intelligent security systems. The trends in video surveillance market is
rapidly changing from analog to digital systems, standalone solutions to networked implementation and
growing array of complex video analytics. The advantages of surveillance systems over physical security
such as the ability to allow remote monitoring have resulted in wide deployment across the world.
Network camera and video analytics are only two components of video surveillance system that are
growing faster than the overall video surveillance market. The potential to boost efficiency levels of video
surveillance, facilitate reduction of human intervention, and achieve related cost savings is encouraging
the adoption of these two products.
The key factors driving the network camera market are the need for high resolution; reduction of total cost
of ownership (TCO) backed by government investments and increasing demand from non security
applications. On the other side, the network camera market growth is hammered by factors like high
bandwidth requirements of network camera and lack of data privacy. Embedding the edge-based video
analytics in network camera could add a competitive advantage to network camera manufacturers. The
global network camera market is estimated to be worth $1.85 billion in 2012 and expected to reach $4.5
billion in 2017 at a CAGR of 19.5% from 2012 to 2017.
The global network camera market is evenly distributed across various geographies. As of 2011,
Americas led the suppliers segment with share of 30% in the year 2011. However, APAC is expected to
grow at a relatively higher CAGR during the projected period.

The key factors driving the video analytics market are the transition of video surveillance system from
analog to network (digital), emergence of open standards, and increase in the efficiency of video
surveillance system; while the video analytics complexity, clubbed with higher cost of maintenance of
analytics and occurrence of false alarm are key inhibitors of video analytics market. Video analytics