Oct 2, 2012

Global IP cam and VCA market to reach $5.8B by 2017, MarketsandMarkets says

According to a new report 「Network Camera and Video Analytics Market - Global Forecast , Trend & Analysis (2012 - 2017) " published by MarketsandMarkets, 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.

The global video surveillance market has changed dramatically over the years. The need for intelligent security systems, counterterrorist efforts, dwelling infrastructure and efficient investigations of criminal activities has fueled the demand for reliable and intelligent security systems. Video surveillance is rapidly changing from analog to digital systems, stand-alone solutions to networked implementation and growing array of complex video analytics. The advantages of surveillance systems over physical, manned 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 ...more



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