Trends, Drivers and Growth in Global Video Analytics Market Mar-2017

Global Video Analytics Market 2017-2021 The Video Analytics Market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors for 2017-2021. The following companies are the key players in the global video analytics market: Axis Communications, Bosch Security Systems, Cisco Systems, IBM, and Honeywell. Other Prominent Vendors in the market are Agent Video Intelligence, Infinova, IntelliVision Technologies, NICE Systems, ObjectVideo, and Verint Systems. For More Information Inquire @ Market Trend The latest trend gaining momentum in the video analytics market is growing preferences for IP cameras over analog cameras. Internet protocol (IP)-based cameras combine capabilities of analog cameras with PC functionality. It does not require a direct connection to a PC to operate and can be placed anywhere within a network. IP cameras have their own IP addresses and can be accessed or controlled through any IP network like a WAN, LAN, Intranet, or the Internet. Thus, the adoption of IP cameras is likely to increase during the forecast period. Market Driver One of the major drivers for video analytics market is enhanced processing power of collected data. The integration of the video analytics technology with surveillance cameras helps to increase the processing power of the collected data. Arrays and algorithms used during the integration enable users to add filters and setting based on the location where it is being installed. In addition, video analytics-enabled surveillance cameras can also be controlled through apps, which make them efficient and applicable for smart buildings. Market Challenge One of the major factors hindering the growth of video analytics market is need for skilled workforces. Though video analytics-enabled cameras help users reducing workforces required, they need trained operators. Data collected with the help of video analytics require experts in order to analyze and alter algorithms based on requirements of users. The effectiveness of the data analysis depends on the knowledge and skills of operators, which, in turn, helps improving the response time in case of emergency. Purchase Report Directly @ Table of Contents of the Report PART 01: Executive summary PART 02: Scope of the report