Global Video Analytics Market Analysis & Forecast (2017-2026): Expected to Grow at a CAGR of 20% - ResearchAndMarkets.com
Canon, Inc. American Depositary Shares (CAJ)
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Source: Business Wire
DUBLIN--(BUSINESS WIRE)-- The "Video Analytics - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering. According to this report, the Global Video Analytics market accounted for $2.95 billion in 2017 and is expected to reach $15.26 billion by 2026 growing at a CAGR of 20%. Some of the key factors influencing the market growth include falling prices of video surveillance equipment, growing inclination toward advanced technologies, rise in smart cities expenditure by governments and growing application of video analytics for reducing crime rates. However, privacy issues and high investments in legacy installations are restricting the market growth. By deployment, the cloud segment held significant market share during predicted period. The cloud deployment of video analytics solutions offers a variety of benefits, such as improved security, enhanc
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