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Video analytics and analytics market growing by 18.3% till 2022

Video analytics and analytics market growing by 18.3% till 2022

Video surveillance, smart transportation systems, safe cities, autonomous driverless vehicles, UAVs, body police cameras, smart retail video systems and social media video streams are only some of the video feeds that users are exploiting to boost their performance.

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Video surveillance and video analytics are creating a closed and connected world, and will become increasingly powerful tools.

Video surveillance and Analytics 2017-2022 Market CAGR 18.3%. Granulated into 167 Submarkets

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The rapid video analytics market growth is driven

The fast proliferation of video cameras

Technology maturity: video analytics algorithms, processors, applications and products underwent a decade of technological evolution to intelligent video processing, based on advancements in image processing, enabling automatic and semi-automatic detection and identification of signatures

The 2016-2017 terror inflicted on Europe and MEA

The election of Donald Trump as U.S.

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president, promising throughout his campaign a tough fight against Islamist extremism terror at home and abroad and to invest in law and order (e.g., “I am the law-and-order candidate”), will boost the federal U.S. Video Surveillance-related legislation and budgets.

Safe City projects

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