LONDON, Feb. 17, 2016 /PRNewswire/ -- Video Analytics (VA) and Video Content Analysis have generated a remarkable amount of business in the past years with mature technology. Security & Civilian market is forecasted to experience decades of rapid growth. The Video Analytics & Intelligent Video Surveillance Technologies: Security & Civilian Global Market – 2015-2020 report indicates that the global IVS & VA industry revenues are forecasted to grow at 19 .5% CAGR from 2014 to 2020.
The rapid market growth is driven by the following factors:
Strong demand for security related video surveillance
Retail industry customers behavior video analytics boom
The rapidly growing "Internet of Everything" applications drive the "Video Imaging of Everything" proliferation
Technology maturity: video analytics algorithms, processors, applications and products underwent a decade of technological evolution to intelligent video processing, based on advancements in image processing, enabling automatic and semi-automatic detection and identification of signatures
Cost reduction of video analytic systems, driven by the falling prices of image processing DSPs and communication systems.
Improved cost-performance of new edge-based video analytics DSP technologies (e.g., Intel & Texas Instruments DSPs).
Human operators entail high cost & high rate of overlooked events. Real time analysis of real time video images and recorded footage is a need that can hardly be answered effectively by human operators due to manpower costs. Furthermore, human operators fatigue and boredom cause a high rate of overlooked events
CCTV cameras cost-performance follows Moore's law. High resolution cameras price dropped from $3000- 5000 in 2010 to $600-800 by 2015, forecasted to reach $80-120 by 2020
Growing use of Video Analytics in automated biometric devices and systems
Video Analytics embedded Smart Border solutions
The report examines each dollar spent in the market via 2 orthogonal money trails:
1. By 3 Regional Markets:
2. By 40 Countries:
3. By 10 Vertical Markets:
Critical infrastructure security
Transportation & logistics
Aviation & maritime security
Safe cities & smart cities
Commercial & public buildings
Entertainment, hotel & casinos security
Retail – analytics
Other (e.g., prisons, gaming)
The Video Analytics & Intelligent Video Surveillance Technologies: Global Security & Civilian Market – 2015-2020 report is a resource for executives with interests in the industry. It has been explicitly customized for industry decision makers to identify business opportunities, developing technologies, market trends and risks, as well as to benchmark business plans.
Questions answered in this 456 page report include:
What will the market size be in 2015-2020?
What are the main VA, ISR & IVS technology trends?
Where and what are the VA & IVS market opportunities?
What are the VA & IVS market drivers and inhibitors?
Who are the key VA & IVS vendors?
What are the challenges to the market?
The Video Analytics & Intelligent Video Surveillance Technologies: Global Security & Civilian Market – 2015-2020 report presents in 456 pages, 146 tables and 267 figures, analysis of current and pipeline technologies and 110 leading vendors. The report presents for each submarket 2011-2014 data, analyses and projects the 2015-2020 market and technologies from several perspectives, including:
Business opportunities and challenges
Market analysis (e.g., market dynamics, market drivers and inhibitors)
For readers who wish to acquire more information, the report includes 8 in-depth appendices:
Appendix A: Open Network Video Interface Forum (ONVIF) Standard
Appendix B: Markov IVS Decision Algorithms
Appendix C: The Global Video Security Market – 2015-2022
Appendix D: Covert CCTV Walk-by People Screening Technologies
Appendix E: CCTV Based People Screening
Appendix F: The VCA, ISR & Video Analytics Systems and Devices Industry
Appendix G: VCA, ISR & Video Analytics Industry: Business Models & Strategies
Appendix H: The U.S. National Intelligence Council 2020 Global Landscape
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