DALLAS, June 23, 2015 /PRNewswire/ --

According to a new market research report "Video Analytics Market by Type (Hardware, Video Analytics Software, and Services), Applications (Intrusion Management, Crowd Management, Situation Indication, License Plate Recognition, Pattern Recognition) - Global Forecast to 2020", published by MarketsandMarkets, defines and segments the Video Analytics Market globally into various segments. The Video Analytics Market is expected to grow from $1,537.9 Million in 2015 to $3,971.2 Million by 2020, at an estimated Compound Annual Growth Rate (CAGR) of 20.9% during the forecast period from 2015 to 2020.

Browse 65 market Tables and 37 Figures spread through 142 Pages and an in-depth TOC on "Video Analytics Market"

http://www.marketsandmarkets.com/Market-Reports/intelligent-video-analytics-market-778.html

Early buyers will receive 10% customization on this report. 

This report provides an in-depth analysis and forecasting of regional Video Analytics Market size. This report identifies the key driving factors, restraints, challenges, and opportunities which are impacting this market and shaping the future roadmap. The report also focuses on key adoption trends, future opportunities, and business cases in this market. MarketsandMarkets expects that increased adoption of video analytics solutions across the retail industry will drive this market with high growth rate as the video analytics solution provides valuable insights of the customer behavior to make strategic decisions.

For more Inquiry:http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=778

The Video Analytics Market is broadly segmented by type: hardware, video analytics software, & services; end user: residential security, commercial & industrial security, urban security & public safety, critical infrastructure protection, airport & maritime security, retail industry, entertainment & casinos, defense intelligence & border security, transportation and logistics, and others; application: intrusion management, crowd management, situation induction, license plate recognition, pattern recognition, & others, and by region: North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

The drivers, restraints and opportunities along with the time-impact analysis have been identified in the report. The drivers for this market are listed as - growing security threats and increasing security priorities, and increasing use of video analytics for BI. The restraint for this market is high cost of system and privacy issues. Cloud based video analytics solutions have been acknowledged as the opportunities in this market. Whereas, false alert and lack of reliability is the major challenge, companies are facing today in the Video Analytics Market.

Various assumptions have been taken into consideration for the market sizing and forecasting exercise of this market. Some of the key assumptions include political, economic, social, technological, and economic factors. For instance, exchange rates, one of the economic factors, are expected to have a moderate rating of impact on this market. Therefore, dollar fluctuations are expected to not seriously affect the forecasts in the emerging regions.

Browse Related Reports 

Video Surveillance As A Service (VSaaS) Market [By Service (Hosted, Managed, Hybrid) & Components (Camera, Storage, Server, Video Analytics), Application & Geography] - Global Forecast & Analysis (2012-2017)
http://www.marketsandmarkets.com/Market-Reports/video-surveillance-as-a-service-market-773.html

Streaming Analytics Market by Verticals (BFSI, Retail & eCommerce, Telecommunications & IT, Energy & Utilities, Government & Defense, Healthcare & Life Sciences, Manufacturing, Transportation & Logistics, Outsourcing Services, and Other verticals) - Worldwide Market Forecast & Analysis (2015 - 2020)
http://www.marketsandmarkets.com/Market-Reports/streaming-analytics-market-64196229.html

About MarketsandMarkets 

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets