Video Content Analytics market is expected to grow with the CAGR of more than 24% from 2016 to 2021
Video Content Analytics Market. Video Content Analytics market is expected to grow with the CAGR of more than 24% from 2016 to 2021, and due to this it is predictable to cross USD $4 billion by 2021. For the video content analytics market drivers are reducing reliance on physical security, growing security concerns, demand of security products and adoption of network based video surveillance. Also factors such as cost-performance of new edge-based video analytics DSP technologies, video analytics for business intelligence and retail sector, and declining prices of network/IP video surveillance cameras are supporting growth of this market.
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