World Network Camera Market worth $5,760.27 Million by 2017 March 2014 | Page 2
market’s non security application like entertainment & visual communication are considered as lucrative
market. The global video analytics market is estimated to be worth $250 million in 2012 and expected to
reach $1,260.27 million in 2017 at a CAGR of 38.6% from 2012 to 2017.
The video analytics market is expected to be led by Americas during the projected period. However,
APAC is observed to grow at the highest rate. This is primarily due to the growth of technology,
increasing awareness about network video surveillance.
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