Bad News for Video Analytics

By: John Honovich, Published on Jun 24, 2009

More acknowledgement of video analytics poor performance delivered by IMS:

  • Only "moderate growth" projected this year and next
  • 30% annual growth rate by 2012-2013
  • 2008 sales volume: 38,000 channels server based, 40,000 channels edge based (cameras, encoders)
  • Government and Transportation about 50% of total video analytics market
  • IMS states, "The market is still awaiting that “killer application,” and no one seems certain yet what that will be"
As we examined in our recent Intelligent Video 2009 Market review, the video analytics industry is doing poorly and there's no immediate hope for great success.
 
I think remote monitoring is the most likely killer app. The guard market globally is extremely large and the business case of replacing some guards for analytics is quite high (nothing sells in security like cutting costs). Analytic companies will still need to prove performance (now more than ever) but I think we are getting close (12-18 months) to seeing real traction in remote monitoring.
Comments : Members only. Login. or Join.

Related Reports

Facial Recognition: Weak Sales, Anti Regulation, No Favorite, Says Security Integrators on Jul 07, 2020
While facial recognition has gained greater prominence, a new IPVM study of...
Fever Camera Sales From Integrators Surveyed on Jun 01, 2020
Fever cameras are the hottest trend in video surveillance currently but how...
ADT Slides Back, Disappointing Results, Poor Commercial Performance on Aug 06, 2020
While ADT had an incredible start to the week, driven by the Google...
ADI Sales Down 21% in April on May 14, 2020
ADI sales were down 21% in April, the company disclosed, as the pandemic hits...
VSaaS Will Hurt Integrators on Aug 06, 2020
VSaaS will hurt integrators, there is no question about that. How much...
Uniview Deep Learning Camera Tested on Jul 14, 2020
Uniview's intrusion analytics have performed poorly in our shootouts. Now,...
The US Fight Over Facial Recognition Explained on Jul 08, 2020
The controversy around facial recognition has grown significantly in 2020,...
Comparing 2020 Reality To 2010 Expectations on Sep 11, 2020
What can we learn from where the industry was in 2010 and what was believed...
The Future of H.266 For Video Surveillance Examined on Aug 17, 2020
First H.264, now H.265, is H.266 next? H.266 was recently announced amid...
Infinova, March Networks and Swann H1 2020 Financials Examined on Sep 02, 2020
While Dahua and Hikvision, helped by fever camera sales, are recovering from...
IP Networking Course Fall 2020 - Register Now on Aug 27, 2020
Register now for only networking course designed specifically for video...
Video Analytics 101 on Mar 16, 2020
This guide teaches the fundamentals of video surveillance...
Injes Tiny Temperature Terminal Tested on Jul 17, 2020
While temperature terminals have trended bigger, the Injes DFace801 is...
Verkada: "IPVM Should Never Be Your Source of News" on Jul 02, 2020
Verkada was unhappy with IPVM's recent coverage declaring that reading IPVM...
Directory of 96 Video Surveillance Startups on May 20, 2020
This directory provides a list of video surveillance startups to help you see...

Recent Reports

Virtual ISC West and GSX+ Exhibiting Contrasted on Sep 17, 2020
Both ISC West and ASIS GSX are going virtual this year, just weeks apart, but...
X.Labs Sues FLIR on Sep 16, 2020
X.Labs, the maker of Feevr, has sued FLIR, the publicly traded thermal...
Video Surveillance 101 September Course - Last Chance on Sep 16, 2020
Today is the last chance to sign up for the Fall Video Surveillance 101...
No Blackbody Mistake, Half Million Dollar, Hikvision Fever Camera System in Georgia on Sep 16, 2020
A Georgia school district touted buying Hikvision fever screening "about...
Costar Technologies / Arecont H1 2020 Financials Examined on Sep 16, 2020
Costar's financial results have been hit by the coronavirus with the company...
Startup Cawamo Presents Live Alerts With Edge AI and Cloud VMS on Sep 15, 2020
Cawamo, an Israeli edge-to-cloud analytics and VMS startup, presented its...
Favorite Access Control Credentials 2020 on Sep 15, 2020
Credential choice is more debated than ever, with hacking risk for 125kHz and...
Dangerous Hikvision Fever Screening Marketing In Africa on Sep 15, 2020
A multi-national African Hikvision distributor is marketing dangerously...
New Products Show Fall 2020 Announced - Register Now on Sep 14, 2020
IPVM's sixth online show will feature New Products from over 25...
Hanwha 8K / 33MP Camera Tested on Sep 14, 2020
Hanwha Techwin has released an 8K / 33MP resolution camera, the TNB-9000 with...
Gait Recognition Examined on Sep 14, 2020
Facial recognition faces increasing ethical and political criticisms while...
Comparing 2020 Reality To 2010 Expectations on Sep 11, 2020
What can we learn from where the industry was in 2010 and what was believed...
China Dali Fever Cameras and Booming Sales Examined on Sep 11, 2020
Zhejiang Dali, one of China's original thermal technology developers, has...
Risks Of Managing End User Passwords (Statistics) 2020 on Sep 11, 2020
Alarmingly, most integrators used spreadsheets to manage passwords, IPVM...
Dedicated Vs Converged IP Video Networks Statistics 2020 on Sep 10, 2020
Running one's video system on a converged network with other devices can save...