Global Video Content Analytics Market Research Report: Information by Type (Solution and Service), Deployment (On-Premise and On-Cloud), Architecture (Server-Based and Edge-Based), Application (Incident Detection, Intrusion Management, Automatic Number Plate Recognition (ANPR), Facial Recognition, Traffic Monitoring, Crowd Management and others), Vertical (BFSI, Retail, Healthcare, Transportation and Logistics, Government, Manufacturing, Hospitality and Entertainment and others) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2025
Video Content Analytics Market
The edge based segment for video content analytics market is projected to be the fastest-growing market during the period 2016 to 2021.
The growing requirement of advanced security system provides the benefit of round- the- clock monitoring, detecting, and analyzing the security events, makes it necessary to devise and implement software like Video Content Analytics (VCA). With proven reliability and functionality of VCA technology creates platforms for its implementation were defined as server based and edge based solutions, depending upon the environment and application.
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Government and Commercial applications holds the major share of Video Content Analytics market
Video Content Analytics (VCA) has witnessed an increasing traction across critical end-use applications, owing to the inability of surveillance cameras alone in helping reduce crimes and increase transport and business efficiency. Government with sub applications of critical infrastructure, homeland, and border security will be dominating the global VCA market till the end of this decade.
North America and EU regions to dominate the Video Content Analytics Market Information in 2015
North America is expected to dominate the global market throughout the forecast period with annual revenue reaching over ~$1-2 billion by 2022 at an estimated CAGR of ~22-24% through the forecast period. APAC with the multiple infrastructure projects and a large population requiring surveillance will be driving the region to grow at the fastest CAGR of ~30% through 2016 to 2021 and reach a market value of approximately ~$1-1.5 billion in 2021.
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This report includes a study of strategies, of major market players. It includes the product portfolios, developments of leading major players such as ADT security (U.S.), Avigilon corporation (U.S,), Cisco (U.S.), HikVision Digital (China), Mobotix (Germany), Verint Systems (U.S.), Allgo Vision (India), Bosch security system (Germany), and VCA Technology (U.K.) among others.
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Video Content Analytics Market SizeThe Video Content Analytics (VCA) or Video Content Analysis technology finds application in numerous sectors including Commercial, Residential, industrial, infrastructure and institutional.
The video data generated by IP CCTV cameras are used for data analysis to process, categorize and analyze the objects and activities captured.
The algorithms can be implemented as software on general purpose machines, or can be embedded in the IP CCTV camera’s video processing unitsThe VCA technology offers more advantages especially, when incorporated with various software(s) such as recognition software or detection software enhancing safety, operations and security.
Other sectors where VCA technology is ubiquitous include gaming, transport and casinos where the video data from the standard IP CCTV cameras are effectively used for analyzing the conversion ratio.
Owing to its wide range of application in both governmental as well as nongovernmental sectors, Detection software holds the largest market share; among the different software being used in the market.Accrediting the phenomenal expansion the Video Content Analytics Market has acquired today and potential of the VCA technology to expand widely in the years to come, the Market Research Future recently published an equally meticulous study report giving out the complete market prognosis up till 2021.
According to the MRFR study report, the VCA market is expected to grow exponentially posting a CAGR of ~24-25% (2015-2021).The Global Video Content Analytics Market is predominantly driven by the growing security concerns, and the demand of security products and adoption of network based video surveillance coupled with the proven ability of VCA technology to be advantageous in Safety & Security sectors which also has considerably minimized the reliance on physical security.
Video Content Analytics MarketThe global video content analytics (VCA) market is predicted to grow at a 24.25% CAGR over the forecast period (2015–2021), reveals the new Market Research Future (MRFR) report.
Video Content Analytics or Intelligent Video Analytics (IVA) simply put, is an automatic analysis of CCTV images for creating valuable information about the content.
It has a vast range of uses such as detecting intruders, wrongly parked cars, and left packages, and also counting events such as people leaving or entering an area.VCA is used in various domains including safety and security, smoke and flame detection, home automation, transport, automotive, retail, healthcare, and entertainment.
It can be utilized successfully in various applications such as monitoring buildings or plant for safety and health, automatic traffic event as well as incident detection, sabotage detection or camera failure, people counting, internal and external intruder detection, and more.Various factors are driving the growth of the video content analytics market.
Additional factors boosting market demand include an increase in demand for IP-based security infrastructure and systems, and growing demand across various industries, including manufacturing, airports, retail, financial services, banking, and others.On the contrary, high initial installment cost, poor lighting conditions, and growing incidences of false alarms at the time of bad weather are factors that may hinder the video content analytics market growth over the forecast period.Video Content Analytics Market — Competitive AnalysisThe VCA market appears to be highly competitive with the presence of prominent companies having international and regional presence.
These companies are aggressively targeting for an increased participation through partnerships and collaborations in order to expand their operations and offerings to target potential clientele.Industry/ Innovation/ Related NewsDecember 04, 2017 — Delmondo, a leading social video analytics and sponsorship reporting software and Uru, an AI and computer vision company that generates brand insights for digital video, announced their Partnership to bring AI-powered Brand Safety, Brand Recognition Tools to Social and Digital Video Analytics, Branded Content and Sponsorships.
Global Video Content Analytics Market Research Report: Information By Type (Solution and Service), Deployment (On-Premise and On-Cloud), Architecture (Server-Based and Edge-Based), Application (Incident Detection, Intrusion Management, Automatic Number Plate Recognition (ANPR), Facial Recognition, Traffic Monitoring, Crowd Management and others), Vertical (BFSI, Retail, Healthcare, Transportation and Logistics, Government, Manufacturing, Hospitality and Entertainment and others) - Forecast till 2025Market Overview:The transformation of the video surveillance industry form traditional systems to advanced and smarter camera systems has led to the development in the field of video content analytics technology.
Market Research Future (MRFR) has published a report asserting that the global video content analytics market is registered to expand at a strong CAGR of 24.25% during the forecast period of 2015-2021.Market Drivers and Restraints:Increasing application of video content analytics (VCA) in video surveillance systems to ensure public safety, improvement in business intelligence, and others is one of the major factors driving the growth of the global video content analytics market.
The capability of automatically analyzing videos for detection and determination of various factors has led to the increased application of video content analytics technique in various industrial sectors such as automotive, healthcare, transport, home automation, safety and security and others, resulting in the significant expansion of the global video content analytics market.incorporation of various software such as recognition and detection software with video content analytics technology has improved the functioning of video surveillance systems, leading to the growth of the global video content analytics market.
Increasing use of video content analytics technology for security purposes as it facilitates motion detection, intrusion detection, facial recognition and others is impacting positively on the growth of the global video content analytics market.The vital use of video content analytics technology in traffic management and other government services are some of the major factors that are driving the global video content analytics market towards higher verticals.
However, obsolescence of technology and low penetration of advanced technology in underdeveloped regions are likely to hinder the growth of the global video content analytics market during the forecast period.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/947Market Segmentation:The global video content analytics market has been segmented on the basis of software, architecture and application.
Based on software, the video content analytics market is segmented into detection, recognition, license plate recognition and others.
