Report: Video Content Analytics Market to Be Worth $4.4B by 2022
A market forecast suggests the VCA market is growing at a compound annual growth rate (CAGR) of 34%
Titled "Global Video Content Analytics Market - 2016-2022," the report states the adoption of VCA technology is "escalating at a good pace" as video surveillance systems play "an important role in ensuring public safety, infrastructure, transport and improve business intelligence."
DUBLIN, Ireland – The video content analytics (VCA) market is projected to grow at a compound annual growth rate (CAGR) of 34% through 2022 and be worth more than $4.4 billion by the end of the forecast period, according to a report distributed by Research and Markets, based here.
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Titled “Global Video Content Analytics Market – 2016-2022,” the report states the adoption of VCA technology is “escalating at a good pace” as video surveillance systems play “an important role in ensuring public safety, infrastructure, transport and improve business intelligence.”
The major market segmentation includes the market by architecture, by geography, by software, and by application along with the competitive landscape for the VCA market. The architecture chapter explains the platforms on which the video analytics software can be utilized with their specific market value in the total VCA market.
The software chapter explains the application of the VCA technology in various software systems such as facial recognition, automatic number plate recognition and motion detection, among others. The geography and application chapters are detailed along with the data of the revenue generation from each region and application sector respectively.
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