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Video analytics software came into existence to review videos and identify useful incidents from the surroundings. The otherwise difficult task of watching videos is made easy with video analytics software and as a result efficient out can be expected from the same. Video analytics makes the surveillance system more efficient, reduces workload on security and management staff, and helps in capturing the full value of security video by making the IP camera system more intelligent. Video Analytics systems offers the ability to easily organize, store, retrieve and view footages that have the most impact to the end user. IP video management systems significantly contribute in the enhancement of organizations security and also help in responding to incidents. All these functionalities are achieved simply by leveraging the existing networks and security equipment. Additionally, cloud based video management systems offer adequate space to store videos, periodic backups, time stamping.
Cloud based systems offer easy access to data via the internet or mobile devices. Modern video management systems are geared to efficiently provision users, devices, and network resources. Based on Component, the market is segmented into Software and Services. Services are further divided into Professional and Managed. Based on Application, the market is segmented into Intrusion Management, Incident Detection, Traffic Monitoring, PeopleCrowd Counting, Facial Recognition, Automatic Number Plate Recognition, and Other Application. Based on Deployment Type, the market is segmented into On-Demand and On-Premise. The verticals included in the report are Transportation, Traffic Management, Critical Infrastructure Protection, Border Security, Hospitality & Entertainment, City Surveillance, BFSI, Retail, and Others. Based on country, Video Analytics market is segmented into Latin America, and Middle East & Africa (Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA). Brazil remained the dominant country in the Latin America, Middle East and Africa Video Analytics market in 2015. South Africa and UAE would witness promising CAGR during the forecast period (2016-2022).
The report covers the analysis of key stake holders of the Video Analytics market. Key companies profiled in the report include Cisco Systems, Inc., Honeywell International Incorporation, International Business Machines Corporation, Axis Communications, Avigilon Corporation, Genetec Inc., Aventura Technologies Inc., and I2V Systems Private Ltd.