Intelligent Video On 44 Per Cent Growth Spike
The report says double digit growth in the video surveillance market has created a huge opportunity for software and chip companies to manage these enormous video streams. According to J.P. Freeman, international terrorism and homeland security investments are creating an unprecedented “intelligent video” growth opportunity with technology playing a major role in future development. According to Joe Freeman “there are few, if any, security growth potentials with the potential power of the IV market.” New IP video networks, automatic edge detection, event characterization, detailed analytics, and first responder controls represent the future of “intelligent video” (IV) systems just starting to come on line. IV technology represents a major growth opportunity for hardware and software companies wanting to position themselves for growth in the rapidly expanding international security industry. According to Freeman, intelligent video is a 44% growth market on the verge of technology breakthrough.