Global VCA market worth $868M by 2017, MarketsandMarkets Says

According to a new market research report by MarketsandMarkets, the global video content analysis (VCA) market is expected to reach US$867.8 million by 2017, at a CAGR of 30.4 percent between 2012 and 2017.

VCA takes motion detec­tion to the next level, utilizing local or centralized processing power to distinguish moving objects based on their shape and size, and to study their behavior based on default/built-in rules or to enable unattended monitoring of digital video sources to detect for specific events or behavior. The market is expected to grow from $180 million in 2011 to $867.8 million by 2017.

 

The report provides analysis of various verticals such as airports, ports and maritime security, critical infrastructure, border control and perimeter security, commercial/office/government buildings, factories and industrial plants, urban scurity and public safety, banking and financial, entertainment and casinos, retails outlets, transportation and logistics, health care, housing and residential, sports and others.