Albany, NY -- (SBWIRE) -- 09/20/2017 -- IVA helps end-users to detect any unusual events and recognize a range of behaviors on a real-time basis. The technology eliminates manual intervention for monitoring videos. It offers advanced monitoring capabilities that conduct sophisticated video surveillance. IVA recognizes objects in motion based on parameters such as size and shape.
IVA is used in surveillance operations and business activities. However, the technology is expensive as it requires high-performance servers and dedicated software. Government organizations, large enterprises, and small and mid-size enterprises (SMEs) use IVA solutions to efficiently monitor their resources.
The global intelligent video analytics market to grow at a CAGR of 30.52% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global intelligent video analytics market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of stand-alone IVA solutions and integrated software solutions.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
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Technavios report, Global Intelligent Video Analytics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Agent Video Intelligence
- Bosch Security Systems
- IBM
- IntelliVision
- Honeywell Security (subsidiary of Honeywell International)
Other prominent vendors
- Aventura Technologies
- Global Networks
- i2v System
- Keymaster Physical Security & Access Control
- NICE Systems
- ObjectVideo Labs
- PRO-VIGIL
- Securiton
- VideoIQ
- Viseum International
Market driver
- Increasing demand for reduced workforce
- For a full, detailed list, view our report
Market challenge
- High costs associated with installation and maintenance
- For a full, detailed list, view our report
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Key questions answered in this report
- What will the market size be in 2021 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?
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