Video Analytics Market to Gain Traction and Register 20.60% CAGR between 2015 and 2023
The global video analytics market is highly fragmented in nature with a high level of competition, states a new market intelligence study by Transparency Market Research. The competitive environment of the market is expected to get stiff in the next few years with the rising number of players that are projected to enter the market across the globe. The leading players in the market are focusing on offering cost-effective products and services in order to expand their horizon across the globe. In addition to this, the increasing number of partnerships, mergers and acquisitions, and collaborations is estimated to generate potential growth opportunities for the market players in the next few years. Some of the leading players operating in the video analytics market across the globe are VCA Technology Ltd., United Technologies Corp., Genetec Inc., IntelliVision, and Vigilon Corp. As per the research study by Transparency Market Research, in 2014, the global market for video analytics ...