Long Term Video Analytics Outlook Examined

Author: John Honovich, Published on Dec 08, 2009

With the market perception of video analytics severely weakened (see our polls and discussions), many question the long term growth potential of the video analytics market.

In December 2009, IMS Research issued a new report contending that the long term outlook is positive for video analytics despite the current slump. Specifically, IMS projects "over 450,000 channels of analytics will be embedded in cameras, encoders, DVRs and NVRs in 2013." Contrast this to a June 2009 report where IMS is cited as estimating the total channels using analytics as 40,000 in 2008. Rising from 40,000 to 450,000 channels in 5 years is an implicit CAGR of 62%.

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