Frost & Sullivan: Intelligence Fending Off Growing Terror Attacks Supports US ISR Video Analytics Market
Video analytics expected to restructure intelligence training, data, and data storage standards
MOUNTAIN VIEW, Calif., Jan. 9, 2014 /PRNewswire/ -- The demand for intelligence, surveillance and reconnaissance (ISR) video analytics solutions that assist in the processing, exploitation and dissemination (PED) of full motion video (FMV) has increased significantly in the U.S. The need to provide actionable, real-time intelligence to U.S. troops on the ground, based on the FMV gathered through sensors and platforms that have grown from a few dozen systems a decade ago to thousands today, is the main driver for the market.
According to new research from Frost & Sullivan's US ISR Video Analytics (http://www.defense.frost.com), the defense budget for this market will reduce to $837.5 million in 2018 from $1,207.2 million in 2012, as the combat operations in Afghanistan cease over the next few years and forces are withdrawn. No less, necessary intelligence to fend off increasing terror attacks sustains the market and presents future commercial market opportunity.
Click here to view the video on Frost & Sullivan's US ISR Video Analytics and gain access to the online community- http://bit.ly/1lPRxHP.
For more information on this research, please send an email to Jennifer Carson, Corporate Communications, at [email protected].
"The vast amount of video analytics equipment used in Iraq and Afghanistan to warn troops of impending threats and allow them to locate targets will soon return to the U.S.," said Frost & Sullivan Aerospace & Defense Senior Industry Analyst John Hernandez. "Converting these tools into useful assets that can protect the homeland will open up lucrative opportunities in the commercial sector."
In fact, the importance of video surveillance, electro-optical/infrared technologies, and the exploitation of social media within the country is growing considering recent terrorist attacks such as the Boston Marathon bombings.
ISR video analytics is expected to restructure the long-established intelligence cycle in the U.S. Growth in the number of unmanned vehicle systems that can stay air borne for longer periods and collect more data has set in motion changes in the PED of ISR collections. This, in turn, is altering intelligence training, data and data storage standards.
However, insufficient bandwidth is a key market restraint. The fast transfer of FMV output along with other sensor content is affected by inadequate bandwidth, causing end users to spend more time on processing data instead of focusing on additional collection, dissemination and planning.
Varying data encoding standards also make it difficult for end users to fuse intelligence from different sensors. Limited data storage capacity is another challenge keeping the US ISR video analytics market from reaching its full potential.
"Market participants should keep these challenges in mind when designing video surveillance systems," advised Hernandez. "In addition to network bandwidth and storage requirements, factors such as the number of cameras, image resolution used, compression type and ratio, frame rates, as well as scene complexity must be considered."
US ISR Video Analytics is part of the Defense Growth Partnership Service program, which provides global mega trends, information on emerging markets and the latest technology innovations, market, economic, customer, competitive, and best practices research. This CEO 360 degree perspective will enable your company to effectively plan your strategies for growth. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.
Connect with Frost & Sullivan on social media, including Twitter, Facebook, SlideShare and LinkedIn, for the latest news and updates.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
Contact Us: Start the discussion
Subscribe: Newsletter on "the next big thing"
Register: Gain access to visionary innovation
US ISR Video Analytics
NCE7-16
Contact:
Jennifer Carson
Corporate Communications – North America
P: 210.247.2450
E: [email protected]
Twitter: @Frost_Sullivan
Facebook: FrostandSullivan
LinkedIn: Frost & Sullivan's Aerospace, Defence and Security Forum
SOURCE Frost & Sullivan
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article