DUBLIN, Jan. 19, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/dkt2dn/global_video) has announced the addition of the "Global Video Content Analytics Market Outlook Focus on Software, Application and Geography, Estimation & Forecast, 2016-2022" report to their offering.
The VCA market is anticipated to grow over $4.4 billion in 2022, at a CAGR of 34% in the forecast period from 2016-2022.
Security and surveillance industry holds paramount importance across multiple application verticals, globally. While video surveillance industry is transforming from legacy system to smarter and advanced IP/network cameras, video content analytics (VCA) is becoming mainstream with more specific end-use verticals such as casinos, gaming, and transport among others. The integration of a simplified algorithm of VCA with any camera, particularly IP enhances the security manifold and is therefore, providing the much needed thrust to the market. The global VCA market is expected to witness a transition from the business model of generating revenue from selling software to camera vendors to the sales of embedded VCA hardware.
The VCA technology proves to be very advantageous when incorporated with various software like recognition software or detection software by adding value to safety, operations and security. This factor has driven the market to a great extent to utilize the software for purposes such as motion detection, intrusion detection, facial recognition, and traffic management among others. Among the different software being used in the market, detection holds the largest market share owing to its wide range of application in both governmental as well as nongovernmental application.
VCA find a huge expanse of application in almost every sector, thus, becoming ubiquitous for the video surveillance system. With the increasing penetration of network based video surveillance system in the security system being deployed now days, the video analytics technology market is flourishing with the similar pace. Owing to this fact, the VCA market is anticipated to grow more than 20% in all the application sector such as government, commercial, transport & logistics, and others.
The report is concluded with the company profiles of the key industry players such as Avigilon Corporation, Cisco, Hikvision, and Agent Vi among others.
Key Topics Covered:
1 Research Scope, Methodology, and Coverage
2 Executive Summary
4 Competitive Landscape
5 Market Overview
6 Global VCA Market, Estimation & Forecast, By Architecture
7 Global VCA Market, Estimation & Forecast, By Software
8 Global VCA Market, Estimation And Forecast, By Application
9 Global VCA Market, Estimation And Forecast, By Geography
10 Company Profiles
- ADT Security - Agent Video Intelligence - Allgo Vision - Arecont Vision - Avigilon Corporation - Bosch Security System - Cisco - Hikvision Digital - Intellivision Technologies - Ipsotek - Mobotix - Object Video - Pelco - Puretech Systems - Sentry360 - Solink Corporation - VCA Technology - Verint Systems
For more information visit http://www.researchandmarkets.com/research/dkt2dn/global_video
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SOURCE Research and Markets