Tuesday 23 June 2015, Amsterdam
The report recognizes the following companies as the key players in the global intelligent video analytics market: Agent Video Intelligence, Axis Communications, Bosch Security Systems, Cisco Systems, Honeywell Security Group and IBM
Other Prominent Vendors in the market are: Infinova, Intellivision, Nice Systems, ObjectVideo, Verint Systems and VideoIQ
Commenting on the report, an analyst said: “Intelligent Video Analytics (IVA) solutions support security personnel of companies to identify imminent danger by helping them to efficiently analyze video files. IVA incorporates advanced technologies that support video monitoring functions, which can be easily tuned with different sensitivity levels through IVA solutions. IVA also includes an object detection functionality, which differentiates between objects and monitors constantly. IVA solutions also generate automatic alerts when some uncertain activities occur, which reduces the dependence on security personnel as alerts can be obtained on mobile devices. Further, with the advent of big data platforms such as Hadoop and Cassandra, analysis of video has become much easier and more cost effective. The constant innovation in technology will propel the market growth during the forecast period.”
According to the report, many organizations and residential buildings are adopting video surveillance for security reasons. The government sector is also investing in video surveillance. Unstructured videos of poor quality cannot be used for investigation purpose and hence, the videos are converted into better quality videos to get proper information. Further, the growing usage of digital devices and smartphones has resulted in increased volume of video data either uploaded or downloaded on social network sites such as YouTube, Facebook, and others. All these factors have generated a lot of unstructured video data in recent years that need to be analyzed to get meaningful insight and to justify the investments made.
Further, the report states that the infrastructure issues related to advanced IVA solutions hinders the market growth.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Publish date : June 2015
Report code : ASDR-205523
Pages : 74