Global Video Analytics Market – Overview
Global Video Analytics Market to attain a market size of $10.7 billion by 2022. Video analytics software also came into existence to review videos and determine valuable reports from the surrounding area. The otherwise difficult task of looking at videos is created simple and easy with video analytics software and as a result efficient out can be expected from the same. Video analytics can make the surveillance system more efficient, works to reduce workload on security and management staff, and helps in capturing the total value of security video by making the IP camera system even more intelligent. Video analytics software for security cameras can be found in a number of forms, namely installed on camera, on NVR, or as 3rd party software. Every single kind of video analytics solution works in a different sort of manner, it is based on the manufacturer and the application by itself. But, it is possible to set up the application to certain parameters just like to the activity the software is looking for, established the alert notification system, and raise alarms when criteria are met.
Global Video Analytics Market – Segmentation
Based on Element, the Global Video Analytics market is segmented into Software and Services. Services are further divided into Professional and Managed. Based on Application, the Global Video Analytics market is segmented into Intrusion Management, Incident Detection, Traffic Monitoring, People/Crowd Counting, Facial Recognition, Automatic Number Plate Recognition, and Other Application. According to Deployment Type, the Global Video Analytics market is segmented into On-Demand and On-Premise. The verticals within the report are Transportation, Traffic Management, Critical Infrastructure Protection, Border Security, Hospitality & Entertainment, City Surveillance, BFSI, Retail, and Others.