Dallas, Texas (PRWEB) May 11, 2014
IVA solutions help companies to conduct highly sophisticated surveillance. IVA supports the security personnel of the end-user companies to identify imminent danger by helping them analyze video files more efficiently. IVA incorporates advanced technologies that enable numerous significant video monitoring functions in the video surveillance process. Advanced motion detection is one of those functions; moreover, through IVA, it can be adjusted to suit different sensitivity levels. IVA solutions also include an object detection functionality, which differentiates different objects and constantly monitors them. All these technological advancements, which are because of constant innovation, will fuel the growth of the IVA Intelligent Video Analytics market during the forecast period.
Analysts forecast the Global Intelligent Video Analytics market will grow at a CAGR of 34.12 percent over the period 2013-2018. According to the report, one of the major drivers in this market is the increased generation of unstructured video data. Video surveillance has become a necessity for various applications across various end-user segments. This has increased the demand for IVA solutions, which helps companies generate meaningful insights from raw videos.
Exhibit 1: Server-based Implementation Architecture
Exhibit 2: Edge-based Implementation Architecture
The solutions in the Global Intelligent Video Analytics market are generally built on two different types of architecture: server-based and edge-based. Although some vendors differentiate slightly in the solution implementation type, all video analytics can be implemented in the above mentioned predominant architectures.
Global Intelligent Video Analytics Market 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global Intelligent Video Analytics market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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- Agent Video Intelligence Inc.
- Axis Communications AB
- Honeywell International Inc.
- Robert Bosch GmbH
Other Prominent Vendors
- Cisco Systems Inc.
- IBM Corp.
- Infinova Corp.
- Intellivision Inc.
- Nice Systems Ltd.
- ObjectVideo Inc.
- Verint Systems Inc.
- VideoIQ Inc.
- Increasing Generation of Unstructured Video Data.
- Low Awareness of Value Generated through Intelligent Video Analytics Solutions.
- Constant Technological Advancements.
Further, the report states that one of the major challenges the market is facing is the low awareness of the value that IVA solutions provide. End-users are unaware of the capabilities of IVA solutions and how they can help improve business operations.
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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