Frost & Sullivan Releases Study on U.S. Video Analytics Market; John Hernandez Comments

tablet, soldier, c4isrFrost & Sullivan has released a new study indicating a rise in demand for video analytics services to process and transmit full motion video files to U.S. troops for real-time ground intelligence.

The research estimates the defense budget for the U.S. intelligence, surveillance and reconnaissance video analytics market will decline from $1.2 billion in 2012 to $837.5 million in 2018 as the federal government withdraws military forces from Afghanistan in the next few years, Frost & Sullivan said Thursday.

“The vast amount of video analytics equipment used in Iraq and Afghanistan to warn troops of impending threats and allow them to locate targets will soon return to the U.S.,” said John Hernandez, Frost & Sullivan aerospace and defense senior industry analyst.

“Converting these tools into useful assets that can protect the homeland will open up lucrative opportunities in the commercial sector,” Hernandez added.

The growing number of unmanned vehicle systems is also expected to change the collection of ISR videos.

Frost & Sullivan’s report identifies three video analytics market challenges such as limited bandwidth, changing data encoding standards and scarce data storage.

Hernandez added the number of cameras, image resolution, compression type and ratio, frame rates and scene complexity as key barriers to the market.

email
Filed in: Big Data & Analytics, News Tags: , , , , , , ,

You might like:

Brendan O’Connell: Australian DoD Orders Harris-Made Radio Comm Systems Brendan O’Connell: Australian DoD Orders Harris-Made Radio Comm Systems
Research and Markets: Internet-Based Apps to Drive Global Internet Security Market Through 2020 Research and Markets: Internet-Based Apps to Drive Global Internet Security Market Through 2020
Andrew Harsch: Unisys Offers Data Analytics to Help Firms Manage Service Delivery Andrew Harsch: Unisys Offers Data Analytics to Help Firms Manage Service Delivery
Transparency Market Research: APAC to See Man-Portable Military Electronics Market Growth Transparency Market Research: APAC to See Man-Portable Military Electronics Market Growth
© 2014 ExecutiveBiz. All rights reserved.