Intelligent Video Analytics (IVA)

Intelligent Video Analytics :

 Intelligent Video Analytics provides an advanced solution that performs intelligent video analysis and fully automates video monitoring. It automatically tracks and identifies objects, analyzes motion and extracts video intelligence from analog, digital, or IP video streams. These analytics can output real-time events and object data for video data mining or storage in a database.

Intelligent Video Analytics is focused on automating video analysis and security alerts, thus eliminating the need for manual work and the huge monitoring costs. It also increases productivity and efficiency of video surveillance systems and the people who monitor them. Source- intelli-vision

Market Forecast For IVA :

The Intelligent Video Analytics (IVA) is expected to grow from $180.0 million in 2011 to $867.8 million by 2017, at an estimated CAGR of 30.4% from 2012 to 2017. Companies such as Agent Vi (U.S.), Robert Bosch (Germany), Honeywell Video (U.S.), ObjectVideo (U.S.), Intellivision (U.S.), GE Security (U.S.), Axis Communication (Sweden), VideoIQ (U.S.), Synesis (Russia) are key market players. 

The rapid market growth is driven by the following dynamics:

• Increased use of video surveillance.
• Migration from analog to digital and IP-based cameras.
• Technology maturity:
• Cost reduction of video analytic systems: 
• Improved cost-performance of new edge-based video analytics DSP technologies
• Human operators entail high cost & high rate of overlooked events.   

For more information visit :

http://www.prweb.com/releases/video-analytics/market/prweb10788712.htm