Frost & Sullivan: Video Analytics - An Indispensable Tool or an Inflated Promise?

Frost & Sullivan to Host Analyst Briefing on European Video Analytics Market on Wednesday, 18 November 2009, at 15.00 GMT

LONDON, Nov. 10 /PRNewswire/ -- Video analytics has generated significant interest in the market in the recent years. Technology advancements and a growing need for pro-active analysis of video in security as well as non-security applications have opened up new and promising market dynamics. Moreover, falling prices of video analytics are paving the way for increased adoption, even in small and medium-sized applications. These trends will be discussed during Frost & Sullivan's next quarterly Analyst Briefing on European Video Analytics Market on Wednesday, 18 November 2009, at 15.00 GMT.

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Despite the promising developments, the lack of awareness among end-users about video analytics, coupled with inflated promises of earlier generation of analytics has resulted in a huge mismatch in its capabilities and customer expectations. The market participants are still tackling the unrealistic expectations set by its predecessors.

"Move from reactive to pro-active analysis of video helps avert security breaches in addition to cost savings on less resources and time required to retrieve data for meaningful analysis. This compounded with falling price and integration with business process offers high return on investment (ROI) to every type of end-user," observes Archana Umesh Rao, Senior Research Analyst for Frost & Sullivan's Electronics & Security group.

Highlights of the briefing include analyses of video analytics applications, market sizing, adoption trends and forecast by commercial, government and transport sectors, and also competition on the market and its geographical landscape.

This briefing will benefit most of all video analytics providers, video surveillance system manufacturers, and distributors and system integrators by discussing technology trends and providing forward projections of the European Video Analytics market.

To participate in the briefing, please email Joanna Lewandowska at joanna.lewandowska@frost.com with the following information: your full name, company name, title, telephone number, e-mail, address, city, state and country. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.

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    CONTACT:
    Joanna Lewandowska
    Corporate Communications
    P: +48 22 390 41 46
    E: joanna.lewandowska@frost.com
    http://www.frost.com

SOURCE Frost & Sullivan