Global Network Camera Market and Video Analytics Market – Forecast to 2017

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MarketsandMarkets Presents
Global Network Camera Market and Video Analytics
Market Forecast to 2017

http//www.marketsandmarkets.com/Market-Reports/vi
sual-communication-market-775.html
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According to a new market research
report Network Camera and Video Analytics
Market - Global Forecast, Trend Analysis
Segmentation by Technology, Function, Resolution,
Product Service Type, System Architecture,
Verticals, Application and Geography (2012 -
2017) published by MarketsandMarkets
(www.marketsandmarkets.com), the network camera
and video analytics market, on the whole, is
expected to reach 5,760.27 million by 2017, at a
CAGR of 22.4 from 2012 to 2017. Browse gtgt
89 data tables 28 figures
277 pages in-depth TOC on Network Camera and
Video Analytics Market http//www.marketsandmark
ets.com/Market-Reports/visual-communication-market
-775.html Early buyers will receive 10
customization on reports.
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• The global video surveillance market has changed
  dramatically over the years. The need for
  intelligent security systems, increasing
  terrorist strikes, dwelling infrastructure, and
  rising criminal activities has fueled the demand
  for reliable and intelligent security systems.
  The trends in video surveillance market is
  rapidly changing from analog to digital systems,
  standalone solutions to networked implementation
  and growing array of complex video analytics. The
  advantages of surveillance systems over physical
  security such as the ability to allow remote
  monitoring have resulted in wide deployment
  across the world.
• Network camera and video analytics are only two
  components of video surveillance system that are
  growing faster than the overall video
  surveillance market. The potential to boost
  efficiency levels of video surveillance,
  facilitate reduction of human intervention, and
  achieve related cost savings is encouraging the
  adoption of these two products.
• The key factors driving the network camera market
  are the need for high resolution reduction of
  total cost of ownership (TCO) backed by
  government investments and increasing demand from
  non security applications..

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On the other side, the network camera market
growth is hammered by factors like high bandwidth
requirements of network camera and lack of data
privacy. Embedding the edge-based video analytics
in network camera could add a competitive
advantage to network camera manufacturers. The
global network camera market is estimated to be
worth 1.85 billion in 2012 and expected to reach
4.5 billion in 2017 at a CAGR of 19.5 from 2012
to 2017. The global network camera market is
evenly distributed across various geographies. As
of 2011, Americas led the suppliers segment with
share of 30 in the year 2011. However, APAC is
expected to grow at a relatively higher CAGR
during the projected period. The global video
analytics market is estimated to be worth 250
million in 2012 and expected to reach 1,260.27
million in 2017 at a CAGR of 38.6 from 2012 to
2017.The video analytics market is expected to be
led by Americas during the projected period.
However, APAC is observed to grow at the highest
rate. This is primarily due to the growth of
technology, increasing awareness about network
video surveillance.
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