|By PR Newswire||
|January 9, 2014 04:51 AM EST||
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from $1,207.2 million in 2012, as the combat operations in Afghanistan cease over the next few years and forces are withdrawn.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.
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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."
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