Video Analytics Hardware, Software, and Services Revenue to Reach Billion by 2022 …
Business Intelligence and Situational Awareness Use Cases Will Expand Video Analytics Market Demand beyond the Current Focus on Security and Surveillance Applications BOULDER, Colo.–(BUSINESS WIRE)–Video analytics systems, which extract information from video content that is meaningful as perceived by the human eye, are gaining greater traction in a diverse set of application markets including retail, transportation, consumer, cities, critical infrastructure, and enterprise, among others. These systems may use intelligent cameras with onboard vision processing or specialized server-based software platforms, which are increasingly being aided by deep learning algorithms to help organizations interpret and analyze meaning within an ever-growing flood of video content. According to a new report from Tractica, worldwide revenue from video analytics hardware, software, and services will grow from $858 million in 2015 to nearly $3.0 billion by…
Link to Full Article: Video Analytics Hardware, Software, and Services Revenue to Reach Billion by 2022 …
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