|By Business Wire||
|May 19, 2014 12:55 PM EDT||
Research and Markets (http://www.researchandmarkets.com/research/whqsrs/global) has announced the addition of the "Global Intelligent Video Analytics Market 2014-2018" report to their offering.
The Global Intelligent Video Analytics market will grow at a CAGR of 34% over the period 2013-2018.
One of the major drivers in this market is the increased generation of unstructured video data. Video surveillance has become a necessity for various applications across various end-user segments. This has increased the demand for IVA solutions, which helps companies generate meaningful insights from raw videos.
IVA solutions help companies to conduct highly sophisticated surveillance. IVA supports the security personnel of the end-user companies to identify imminent danger by helping them analyze video files more efficiently. IVA incorporates advanced technologies that enable numerous significant video monitoring functions in the video surveillance process. Advanced motion detection is one of those functions; moreover, through IVA, it can be adjusted to suit different sensitivity levels. IVA solutions also include an object detection functionality, which differentiates different objects and constantly monitors them. All these technological advancements, which are because of constant innovation, will fuel the growth of the IVA market during the forecast period.
Further, the report states that one of the major challenges the market is facing is the low awareness of the value that IVA solutions provide. End-users are unaware of the capabilities of IVA solutions and how they can help improve business operations.
- Agent Video Intelligence Inc.
- Axis Communications AB
- Honeywell International Inc.
- Robert Bosch GmbH
Other Prominent Vendors
- Cisco Systems Inc.
- IBM Corp. Infinova Corp.
- Intellivision Inc.
- Nice Systems Ltd.
- ObjectVideo Inc.
- Verint Systems Inc.
- VideoIQ Inc.
- Increasing Generation of Unstructured Video Data.
- Low Awareness of Value Generated through Intelligent Video Analytics Solutions.
- Constant Technological Advancements.
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
For more information visit http://www.researchandmarkets.com/research/whqsrs/global