Video Content Analytics Software Market
The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Video Content Analytics Software Market. The growth sectors of the Video Content Analytics Software Market are identified with precision for a better growth perspective.
The 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.
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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. These factors, in accordance with the Market Research Future (MRFR) report, include increasing penetration of IoT as well as related technologies such as serverless architecture and big data, burgeoning need from enterprises, and demand for industrial automation. 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.
Market Segmentation
The Market Research Future report offers a wide segmental analysis of the video content analytics market based on application, software, and architecture.
Based on software, the video content analytics market is segmented into license plate recognition, recognition, detection, and others.
Based on application, the video content analytics market is segmented into transport and logistics, commercial, and government.
Based on architecture, the video content analytics market is segmented into edge and server. Of these, the server segment will have the largest share in the market over the forecast period.
Key Players
Leading players profiled in the video content analytics market report include VCA Technology (UK), Bosch security system (Germany), Allgo Vision (India), Verint Systems (US), Mobotix (Germany), HikVision Digital (China), Cisco (the US), Avigilon Corporation (US), ADT security (US), among others.
March 2019: BriefCam’s VCA (video content analytics) has recently been recertified with the flagship VMS (video management software) of Milestone System. Milestone System will aid users in identifying applications, services, and hardware, which are verified to work within the open platform environment of XProtect. They will be capable of connecting with integrators and accessing partner applications, services, and hardware, accompanied by user reviews and how-to advice. The VCA platform of BriefCam will help in making video surveillance data quantifiable, actionable, and searchable.
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Video Content Analytics Software 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.
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.Market SegmentationThe Market Research Future report offers a wide segmental analysis of the video content analytics market based on application, software, and architecture.Based on software, the video content analytics market is segmented into license plate recognition, recognition, detection, and others.Based on application, the video content analytics market is segmented into transport and logistics, commercial, and government.Based on architecture, the video content analytics market is segmented into edge and server.
Of these, the server segment will have the largest share in the market 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.
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 2025Video 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.Access Report Details @Video Content Analytics Market by Type, Size, Growth and Forecast – 2025 | MRFRVideo Content Analytics Market is expected to grow at a 21.71% CAGR over the review period, Global…Read on marketresearchfuture.comGovernment and Commercial applications holds the major share of Video Content Analytics marketVideo 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 2015North 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.Ask for your specific company profile and country level customization on reports.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.About Market Research Future:At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.Contact:Market Research Future+1 646 845 9312Email: [email protected]
