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Video analytics is a technology that is used to identify, record, and analyze video streams via electronic media. Intelligent video analytics (IVA) helps end-users to detect events of interest and recognize a range of behaviors on a real-time basis, without a human operator having to view the video. It also helps users with advanced monitoring capabilities that conduct highly advanced video surveillance. IVA recognizes objects in motion based on various parameters such as size and shape.
A recent report by Technavio’s analysts forecasts the global IVA market to grow at a CAGR of 32.47% during the period 2016-2020.
According to the report, the IVA market major driver is the increased volume of unstructured video data, while the market challenge is the lack of awareness to the innovative possibilities of video analytics.
The relevant market segements according to the report include banking, financial services and insurance, government, healthcare, industrial, retail, and the transport and logistics sector.
Israel has been an important player in the video analytics field.
company has been organizing professional conferences regarding innovations in video analytics for several years, the leading conference on this subject in Israel.
Our upcoming fourth confernece on video analytics will be held on November 2, 2016 at the Lago conference hall in Rishon LeZion.
This boutique conference will host the leading cutting-edge technological firms from the field, who will present their latest innovations and discuss the various aspects of this industry and its civilian and military uses. The speakers will also include leading experts from the IDF and Israel’s police.
One of the lecturers at the conference will be Maj. Nitzan Malka, Head of Chozi (Video) Department, at the IDF, who will speak about the following aspects: is image processing a necessity or luxury? and the difference between video security at the civilian sphere and military operational needs, the challenge of integrating civilian products in the army, and the differences.