Global Video Analytics Market is Expected to Escalate at a CAGR of 20.61% by 2027
KEY FINDINGS Video analytics software can be installed in an IP-camera as a 3rd party software. There is a variety of analytics software, but their basic purpose is to monitor videos to search for any unusual activity and put an alert about the same to the authority. The software follows the basic way but when its set up, the parameters have to be specified in the software for isolating the required unusual activity that the authority is looking out for, set up the alert notification system, and when the software detects something that meets its search criteria sends the necessary alert notification. The global market for video analytics is expected to escalate at a CAGR of 20.61% during the forecast period of 2019-2027. The base year considered for the market study has been 2018. The important driver that is primarily propelling the market growth is the increasing concern over public safety and security. MARKET INSIGHTS The rise in the number of terrorist attacks, h...