About Intelligent Video Surveillance System
Intelligent Video Surveillance System is a digital video technology system integrated with analytical software, which is a combination of both software and hardware. It is basically very common in IP surveillance systems, which includes comprehensive security, intelligence, and investigative capabilities for the live-streaming fixed cameras. As there is growing penetration of the Internet of Things (IoT) and also other technologies related to the server-less architecture, there is a demand for intelligent video is expected to grow significantly. Intelligent Video Surveillance System automatically examines the video stream and extracts information which is valuable from images like detected intruders. Advancement in the network infrastructure is driving the market growth while high cost and lack of skilled workforce are creating a hurdle for the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Fragmented nature of market owing to the number of pf players present in the market. Market leaders are focusing on technological developments in airborne surveillance system market. For instance, Dragon Shield’ airborne surveillance system of Finnish Defense Forces, defense agency of Finland reaches the final operational stage. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Intelligent Video Surveillance System market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IBM (United States), AD Aerospace PLC (United Kingdom), Global Epoint (United States), Groupe Latecoere SA (France), Honeywell Security (United States), Siemens (Germany), Sony (Japan), IntelliVision (United States), Robert Bosch GmbH (Germany), Cisco Systems, Inc. (United States) and Honeywell International, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Panasonic (Japan), Axis Communications AB (Sweden), Qognify (United States), PureTech Systems (United States), VCA Technology (United Kingdom), ObjectVideo (United States), PELCO (United States), Cabin Avionics (United Kingdom), Navaero (Sweden) and Aerial View Systems (United States).
Segmentation Overview
AMA Research has segmented the market of Global Intelligent Video Surveillance System market by Type (Hardware, Software and Service), Application (Facial Recognition & Detection, Incident Detection, Perimeter Intrusion Detection, Crowd Detection & Management, Traffic & Parking Management and Others) and Region.
On the basis of geography, the market of Intelligent Video Surveillance System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by System, the sub-segment i.e. Analog video surveillance systems will boost the Intelligent Video Surveillance System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Traffic will boost the Intelligent Video Surveillance System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
An increasing trend in smart cities and Government initiatives in emerging technologies to enhance the public safety infrastructure
Market Growth Drivers:
Rise in crime rate in regions across the world, Rising advancement in network infrastructure and Audience inclination towards deploying efficient surveillance
Challenges:
High cost associated with Intelligent Video Surveillance System and Lack of skilled Intelligent Video Surveillance System Operators
Restraints:
Violation of privacy
Opportunities:
Ongoing technological advancements and major exposure in Big data, IoT, and cloud-based services
Market Leaders and their expansionary development strategies
In March 2023, Crestron to acquired innovative 1 beyond intelligent video technology. The upcoming acquisition of 1 Beyond video technology will bring an essential video conferencing solution into the Crestron ecosystem.
On January 31, 2019 – IntelliVision Technologies Corp. (IntelliVision®), a pioneer and leader in Artificial Intelligence and deep learning video analytics software for Smart Cameras and a subsidiary of Nortek Security & Control LLC (NSC), today announced the addition of anti-spoofing to its face recognition technology. and On November 28, 2018 – IntelliVision Technologies Corp. (IntelliVision®), a pioneer and leader in Artificial Intelligence and deep learning video analytics software for Smart Cameras, and a subsidiary of Nortek Security & Control LLC (NSC), today announced the launch of its Channel Partner Program
Key Target Audience
Intelligent Video Surveillance System Manufacturers and Suppliers, Research Organizations and Consulting Companies, Associations, Alliances, and Organizations Related To Intelligent Video Surveillance System, Analysts and Strategic Business Planners, End Users of Intelligent Video Surveillance System, Government and Regional Agencies and Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.