Global Video Analytics Market on the Rise
This post is also available in: 
עברית (Hebrew)
Video analytics technologies enable the end-users to leverage specific data insights into actionable intelligence, to generate heat maps, etc. The analytic programs also support IP, analog, and megapixel cameras, and can be integrated within the hardware components.
Register! Video Analytics Conference and Exhibition
Video analytics is expected to improve security surveillance and business intelligence applications. The video analytics market is expected to register a CAGR of 32.89%, during 2018 – 2023, according to a market report – Global Video Analytics Market, published by Orbis Research.
Video analytics is expected to improve security surveillance and business intelligence applications, by providing real-time video information. It decreases human intervention, which leads to a decrease in the time and risk associated with providing alerts and reports of relevant activities. This decrease in human intervention also makes a review of recorded video fast and accurate, across several verticals.
With evolving analytics engines, there has been a tremendous increase in server processing power. Further, the advent of IoT and increased adoption of surveillance by a majority of the enterprises has created voluminous amounts of video data that need to be processed and managed.
Hence, there is an increased demand for deep learning infrastructure and deep learning algorithms for pattern analysis, as these technologies offer enhanced efficiency.
According to the report, cited by international news agencies, the introduction of the smart cities concept in China is acting as a major driving force for the video surveillance market in the country. Moreover, the decline in prices of IP cameras and presence of major players is also acting as a major driving factor for the growth of video analytics systems in China.
Learn about the latest video analytics technologies at the iHLS Video Analytics Conference and Exhibition on December 19, 2019 at the Lago Conference Center, Rishon Le Zion west.
Booth/ sponsorship/ presentation: [email protected] Ofir +972-54-6742036
