Press release
CISCO Systems and Honeywell International Inc. to Hold the Lion’s Share of the Video Analytics Market
Mordor Intelligence
The rising concerns for security and safety, coupled with the growing applications of analytics in global business operations, have driven the adoption of video analytics. From retail markets to smart homes market, and smart cities to other physical infrastructure systems, video surveillance & analytics has become an important tool for security. Video analytical software systems produce massive amounts of data used to analyze crime scenes and provide real-time analysis of crimes, such as, petty thefts, bank robbery, motor vehicles theft, as well as electronic thefts, such as, identity thefts. The multidisciplinary applications of video analytics is attracting many cross-industrial segments, such as, defense & aerospace, media & entertainment, education, healthcare, and homeland security services, among others.
The video analytical software market dominated the global market with an overall market share of 66.20% (in 2016), followed by video analytical services. Video Analytics-as-a-service (VAaaS) offers significant benefits that include software-based video analytics solutions, which can be deployed into feature machine learning algorithms with on cloud infrastructure are capable of detecting patterns which are relevant to every security context. For instance, Google Cloud Vision API is capable of recognizing thousands of objects, including human faces and identify emotions.
In 2016, North America accounted for the largest market share of 35.64%, followed by APAC and Europe. Asia-Pacific is forecasted to record the highest CAGR growth, followed by Middle East & Africa, Latin America, and North America. Defense and BFSI have a promising market in video analytics services. Further, video analytics is expected to be the next big opportunity for installers, system integrators, and others, to win new business, and most importantly deliver added value to end-users
Get the Full Report Here: https://www.mordorintelligence.com/industry-reports/video-analytics-market
The market is segmented by deployment (on-cloud, on-premise); type (software, services); end-user industry (defense & aerospace, healthcare, retail, airports, BFSI, and critical infrastructure security); and by geographical region (North America, Europe, APAC, Latin America, and the Middle East & Africa).
The video analytics market report includes competitive vendor landscape, while considering major companies, such as, Agent Video Intelligence, Axis Communications, Aventura Technologies, Inc., Avigilon Corporation, Cisco Systems, Inc., Genetec Inc., Honeywell International Inc., International Business Machines Corporation, Intuition, Inc., Objectvideo. CISCO Systems and Honeywell International Inc. are currently dominating the video analytics market.
For information regarding permissions and sales, please contact: info@mordorintelligence.com
About Mordor Intelligence
Mordor Intelligence is a market intelligence and business advisory firm. The company operates in the business of industry analysis & consulting, in over 16 verticals. In today’s fast-paced and competitive business environment, every customer has unique information requirement. Considering such requirements, Mordor offers custom market intelligence and advisory services, along with syndicated reports, to help clients gain an edge over their competition. The company has successfully catered to over 500 (40% of whom are Fortune 500) clients, since 2013
(www.mordorintelligence.com)
5th Floor, Brigade Towers,
Financial District, Gachibowli,
Hyderabad - 500032,
India
Media Contact:
Sakshi Seth
Email: sakshi.s@mordorintelligence.com
Direct Line: +1 617-765-2493
Website: http://www.mordorintelligence.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release CISCO Systems and Honeywell International Inc. to Hold the Lion’s Share of the Video Analytics Market here
News-ID: 752649 • Views: …
More Releases from Mordor Intelligence
Mordor Intelligence, LLP. Contributes to the Diabetes Awareness Month by Grantin …
On the occasion of World Diabetes Awareness Month, Mordor Intelligence reiterated its commitment to helping enterprises in the business of Diabetes Care Drugs by enabling them to make smart strategic decisions. The company has announced that it is offering a full access to its Intelligence Center on the Diabetes Care Drugs for FREE. With the successful launch of this Intelligence Center last month, Mordor is already ensuring that the benefits…
Animal Feed Additives Market Size to Reach $37 Billion by 2022
CP Group, Cargill, New Hope Liuhe, ForFarmers NV, East Hope Group, and Nutreco happily coexist amid steady growth in the Global Feed Additives Market.
The Global Feed Additives Market was valued at $28.6 Billion in 2016 and is estimated to reach $37 Billion by 2022 registering a CAGR of 7.03% over this period as per a report by Mordor Intelligence, a market intelligence firm.
Feed additives are essential in animal nutrition,…
Microbial Pesticide Market
Valent BioSciences, Certis, BioWorks, Morrone BioInnovations, among others, Coexist in the Global Microbial Pesticide Market
The Global Microbial Pesticide market was valued at USD 1,388.55 million in the year 2015, and it is projected to record a CAGR of 12.51% in the forecast period to reach a value of USD 3,075.88 million by 2022.
Latest Developments
Crop protection multinationals have shown a lot of interest in the bio-control industry, giving the highest…
Die Casting Lubricants Market
Technological advancements have led to the development of highly engineered die lubricants that can be tailored to enhance the die-casting process, allowing them to gain additional efficiency. The market is expected to grow at a CAGR of 9.50% and touch USD 1.45 billion by the end of the forecast period. Die lubricants provide their effectiveness where they can be engineered to optimize wetting and spreading times, promote metal flow, quickly…
More Releases for America
Waterproof Labels Market Outlook, Supportive Judgments | SATO America, LANGGUTH …
Report Ocean recently published a new report on the Global Waterproof Labels Market. The study has an in-depth analysis of the forecast period from 2021-2025. The report reveals a comprehensive picture of the Waterproof Labels Market situation, taking into consideration all major trends, market dynamics, and competitive factors. Additionally, the report contains key statistics concerning the Waterproof Labels Market situation of the leading key players, key market trends, and potential…
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South …
Adroit Market Research has announced the addition of the “Global Textiles Market Size Status and Forecast 2025”, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacific…
Blow Molding Machinery Market Analysis Report, Regional Outlook - Europe, North …
Adroit Market Research has announced the addition of the “Global Blow Molding Machinery Market Size Status and Forecast 2025”, The report classifies the global Blow Molding Machinery in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Blow Molding Machinery Speaker market, analyzes and researches the Blow Molding Machinery Speaker development status and forecast in Europe,…
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Disease Market
Summary
The Global Gaucher Disease Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements.
Gaucher Disease market size to maintain the average annual growth…
Epigenetics Market by End Users, and by Geography North America, Latin America, …
Increasing research to study the epigenetics of the genome (study called epigenomics) is expected to boost growth of the epigenetics market over the forecast period. Genome-wide epigenetic studies play an important role in the diagnostics of human diseases. Moreover, implementation of epigenetics for oncology research is estimated to propel the growth of epigenetics market. For instance, Constellation Pharmaceuticals, in April 2018, invested US$ 100 million for development of cancer epigenetics…
Spas and Beauty Salons Market - South America, Central America and North America …
Consumers’ changing perception towards personal care coupled with continuous strive to improve general well-being are generating a positive impact on the spas and beauty salons industry. Growing consumer need to improve personal appearance and well-being has increased the demand for wellness solutions. Spa centers and beauty salons, in order to meet the increasing demand for unique spa and beauty services, are constantly striving to improve their services by focusing on…
