Global Video Content Analytics Market Expected To Reach 3.3 $billion by 2020

Date: 2016-09-19

Video Content Analytics market is expected to grow with the CAGR of more than 24% from 2016 to 2020, and due to this it is predictable to cross USD $3.3 billion by 2020. For the video content analytics market drivers are reducing reliance on physical security, growing security concerns, demand of security products and adoption of network based video surveillance. Also factors such as cost-performance of new edge-based video analytics DSP technologies, video analytics for business intelligence and retail sector, and declining prices of network/IP video surveillance cameras are supporting growth of this market.

Many different functionalities can be implemented in VCA. Video Motion Detection is one of the simpler forms where motion is detected with regard to a fixed background scene. More advanced functionalities include video tracking and ego motion estimation.

Based on the internal representation that VCA generates in the machine, it is possible to build other functionalities, such as identification, behavior analysis or other forms of situation awareness.

VCA relies on good input video, so it is often combined with video enhancement technologies such as video denoising, image stabilization, unsharp masking and super-resolution.

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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520

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