What Is The Impact Of The Covid-19 Crisis On The Video Analytics Market?
The global video analytics market is eminently competitive and highly fragmented due to the presence of many global leaders and small-scale leaders, says an approaching Transparency Market Research (TMR) report. Some of the global players in the market include Vigilon Corp, VCA Technology Ltd., Genetec Inc., IntelliVision, United Technologies Corp. These players are focusing on providing innovative product line at a better price. They are also adopting new strategies such as mergers and acquisitions, and collaborations to capture the competitive edge in the global video analytics market. Increasing concern over security at commercial places is likely to boost the global video analytics market during the forecast period. The global video analytics market is projected to grow at a grand rate of CAGR 20.60% over a period 2015 and 2023. The global video analytics market was estimated at US$ 1.7 bn and it is anticipated to be valued at US$ 9.15 bn by the end of 2023. In term...