DUBLIN--(BUSINESS WIRE)--Jun 12, 2018--The "Video Analytics Market by Component - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to ResearchAndMarkets.com's offering.

Video analytics is the process of collecting and extracting information, trends, and insights from video data captured during video surveillance on a real-time basis or of an already captured video. This process offers real-time effective video management and business intelligence applications such as behavior analysis, and provides alerts on the occurrence of strange or abnormal activities. Several industries, such as public sector, manufacturing, retail, and others, have adopted video analytics solutions to optimize their business operations through cost-effective and real-time analytics.

Increase in demand for IP-based security systems, growth in concern over public safety & security, and increase in volume of unstructured video data drive the global video analytics market. However, high initial investment cost on systems & infrastructure and rise in number of false alarms & alerts are expected to hinder this video analytics market growth. Need of edge-based analytics and recognizing & profiling applications are expected to provide numerous opportunities for the video analytics market growth in the future.

The global video analytics market is segmented on the basis of component, application, deployment model, industry vertical, and geography. On the basis of component, it is bifurcated into software and services. Based on application, it is classified into facial recognition & detection, incident detection, perimeter intrusion detection, crowd detection & management, traffic & parking management, and others. The deployment model segment includes cloud and on-premises.

Companies Mentioned:

AllGoVision Technologies Pvt. Ltd. Aventura Technologies, Inc. Axis Communications AB Cisco Systems, Inc. Honeywell International, Inc. IBM Corporation Intellivision PureTech Systems, Inc. Verint Systems, Inc. Quognify

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Executive Summary

Chapter 3 Market Overview

Chapter 4 Video Analytics Market, By Component

Chapter 5 Video Analytics Market, By Application

Chapter 6 Video Analytics Market, By Deployment Model

Chapter 7 Video Analytics Market, By Industry Vertical

Chapter 8 Video Analytics Market, By Geography

Chapter 9 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/2g95hc/global_video?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180612005741/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Data Analytics

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT HARDWARE INTERNET NETWORKS SOFTWARE AUDIO/VIDEO SECURITY

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 06/12/2018 06:49 AM/DISC: 06/12/2018 06:49 AM

http://www.businesswire.com/news/home/20180612005741/en