Detailed Analysis of Global Infrared Imaging Software Market to Grow at +12% of CAGR by Forecast 2021 Key Players - Intel Corporation, Huawei Investment & Holding Co., Ltd

The research report evaluates the global infrared imaging software market in a comprehensive and widespread manner by illuminating the significant facets of the market that are anticipated to have a reckonable impact on its growing predictions over the forecast period. The key progressing challenges, drivers, and trends persuading the market are surveyed. A detailed qualitative and quantitative data relating to the probable impact of these factors on market’s future growth scenarios are offered in the report.

The rising adoption of video surveillance using thermal cameras is identified as one of the primary growth factors for this market. The thermal cameras use infrared radiation to capture the image rather than the visible light that are used in the normal cameras. Such cameras are used by firefighters to spot the areas of heat through smoke, darkness, and heat-permeable barriers.

Market research analysts at report consultant predict that the global infrared imaging software market will grow steadily at a CAGR of around +12% by 2021.

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Top key players:
The leading vendors in the market are -FLIR Systems, Leonardo DRS, BAE System, Raytheon, The other prominent vendors in the market are Axis Communications, Fluke, Honeywell International, L-3 Communications, Thermoteknix Systems, LumaSense Technologies, and Testo.

The infrared imaging software market is largely fragmented based on the types of software and the deployment models. The market is highly-competitive and the vendors are offering additional features and functionalities in packaged solutions. The competition in this market will intensify further with an increase in product extensions, technological innovations, and M&As.

In terms of geographic regions, the Americas will be the major revenue contributor to the infrared imaging software market throughout the forecast period. The major factor contributing to the growth of the market in the region is the increasing penetration of infrared imaging software vendors which is increasing the awareness among end-users. The US is the largest revenue contributor to the market in this region. Additionally, countries such as Canada, Mexico, and Brazil will also contribute to significant shares of the market in this region.

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According to this market research report, the government sector accounted for the maximum shares of the infrared imaging software market during 2016. The high budget for improving security and the increased adoption of advanced security systems in the developed and developing countries, will drive the growth of the market in this end-user segment.
Segmentation by application and analysis of the infrared imaging software market

• Surveillance
• Security
• Automation maintenance
• Automotive
• Healthcare

During 2016, the surveillance segment accounted for the major shares of the infrared imaging software market. Factors such as the high adoption of thermal cameras in video surveillance systems and the increased security applications in the government sector and homeland security, will contribute to the growth of this market segment in the coming years.
Segmentation by end-user and analysis of the infrared imaging software market

• Government sector
• Commercial sector

Infrared imaging software market is used for analyzing and managing infrared images captured by thermal cameras. It helps in better decision making for surveillance, and maintenance applications. It also contributes in better diagnostics of machinery and living beings. With the increasing need for digital transformation throughout the globe, the demand for infrared imaging software from various industrial sectors including enterprise application, IT security, and IT professional services is also increasing. To provide actionable intelligence and the market size for various segments of the ICT industry and to analyze business dimensions with a focus on individual growth trends and contribution of upcoming market segments, presents a detailed insight on the markets growth prospects over a period.

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Table of content
1 Global Infrared Imaging Software Market size, status and forecast.
2 Competitive analysis by players
3 Company profile
4 Market size by application
5 EU status and analysis
6 Japan status and analysis
7 China status and analysis
8 India status and analysis
9 South Asia status and analysis
10 Forecast by regions and application
11 Global Infrared Imaging Software Market Dynamics
12 Market Effect factor analysis

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