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Video Analytics Market Size Development, Key Opportunity, Application & Gross Revenues 2020

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athena carter
Video Analytics Market Size Development, Key Opportunity, Application & Gross Revenues 2020

The global video analytics market size is expected to enlarge during the forecast period, 2020 – 2026. Growing demand for IP-based security systems and increase in demand for automation is anticipated to strengthen the commercial value of video analytics in the upcoming years. Growing demand for business intelligence is driving the growth for video analytics in the years to come.

Surveillance cameras are extensively deployed in public and private institution and facilities considering significant potential for safety and security. But surveillance becomes a limited practice in case of monitoring of large geographical areas and hence surveillance imagery is a term used for forensic science mass storing and data mining. This is a new paradigm shift in network camera and video analytics field since it offers high productivity and highly advanced site-wide security.

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Network cameras are rapidly undergoing modifications and alterations to offer more functionality to video management services users and vendors. Advantages in using video analytics include higher quality resolution and high frame rates. Characteristics of network cameras such as enhanced capacity for data transfer, enlarged network identity, higher bit rate, high resolution and on cam analysis and storage are some of the direct features of video analytics. For instance, network cameras predominate government and institutional facilities in terms of surveillance. Moreover, network cameras have also established commercial sectors such as retail, manufacturing plants and healthcare for pervasive surveillance.

Read More@ https://www.marketwatch.com/press-release/video-analytics-market-size-development-key-opportunity-application-gross-revenues-2020-2019-12-03

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