Global Intelligent Video Analytics Market to Grow at a CAGR of 32.47% During the Period 2016 - 2020; Finds New Report
Market Research Reports, Inc. has announced the addition of “Global Intelligent Video Analytics IVA Market 2016 - 2020” research report to their website www.MarketResearchReports.com
Lewes, DE -- (SBWire) -- 01/26/2016 --Report forecast the global IVA market to grow at a CAGR of 32.47% during the period 2016-2020.
Video analytics is a technology that is used to identify, record, and analyze video streams via electronic media. IVA helps end-users to detect events of interest and recognize a range of behaviors on a real-time basis, without a human operator having to view the video. It also helps users with advanced monitoring capabilities that conduct highly advanced video surveillance. IVA recognizes objects in motion based on various parameters such as size and shape.
The report covers the present scenario and the growth prospects of the global IVA market for the period 2016-2020. To calculate the market size, the revenue generated from the sales of IVA software and solutions, and also the PESTLE factors in key leading countries are considered.
The market is divided into the following segments based on end-user:
- BFSI sector
- Government sector
- Healthcare sector
- Industrial sector
- Retail sector
- Transport and logistics sector
According to the report, many organizations and residential buildings are adopting video surveillance for security reasons. The government sector is also investing in video surveillance. Unstructured videos of poor quality cannot be used for investigation purpose and hence, the videos are converted into better quality videos to get proper information. Further, the growing usage of digital devices and smartphones has resulted in increased volume of video data either uploaded or downloaded on social network sites such as YouTube, Facebook, and others. All these factors have generated a lot of unstructured video data in recent years that need to be analyzed to get meaningful insight and to justify the investments made.
Further, the report states that the infrastructure issues related to advanced IVA solutions hinders the market growth.
Global Intelligent Video Analytics 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the global intelligent video analytics market: Agent Video Intelligence, Axis Communications, Bosch Security Systems, Cisco Systems, Honeywell Security Group and IBM
Other Prominent Vendors in the market are: Infinova, Intellivision, Nice Systems, ObjectVideo, Verint Systems and VideoIQ
Market driver
- Increased volume of unstructured video data
- For a full, detailed list, view our report
Market challenge
- Lack of awareness
- For a full, detailed list, view our report
Market trend
- Technological developments
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 70 pages and 22 Exhibit "Global Intelligent Video Analytics IVA Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation by end user, Market segmentation by region, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
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