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The Global Market for Intelligent Video Analytics 2018 to 2023 Published: Q3 2018

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Page 1: Memoori The Global Market for Intelligent Video Analytics ......3. Market Size of Video Surveillance Systems & VMS Software 3.1 Market Size of Video Surveillance Equipment 2017 & Forecast

The Global Market forIntelligent Video Analytics2018 to 2023

Published: Q3 2018

Page 2: Memoori The Global Market for Intelligent Video Analytics ......3. Market Size of Video Surveillance Systems & VMS Software 3.1 Market Size of Video Surveillance Equipment 2017 & Forecast

GlobalMarketforIntellVideoAnalytics2018to2023

Synopsis

Thisreportaimstoassistallstakeholdersandinvestorsinthevideosurveillanceindustryinunderstandingthepotentialimpactofartificialintelligenceonthemarket.

©MeemooriResearchAB

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Introduction

ThisReportisOur1stDetailedAssessmentofthePotentialImpactArtificialIntelligencewillhaveonVideoSurveillance&Analytics.

Videoanalyticshaseatenafewfreelunchesoverthelast15years.Whilstithascertainlyaddedsomevaluetovideoinstallations,therehasbeenmuchdebateaboutexactly‘howintelligent’thetechnologyreallyisandwhetheritprovidessatisfactoryROI.Butin2018,thereisnowagrowingbeliefthatvideoanalyticscouldfinallymovebeyondwhathasbeenachievedthroughconventionalrulebasedsystems.

Thisisdueinlargeparttomajoradvancesinsemiconductorarchitecture,whichisenablingmuchfasterprocessing;Empoweringdeeplearningandmachinelearningalgorithmstoanalyzedatamanytimesfasterthanwaspreviouslypossible.VenturecapitalistsarenowpouringbillionsofdollarsintofinancingArtificialIntelligence(AI)chipandanalyticsoftwarecompanies.Indeedwhileresearchingthisreport,weidentified128companiesacrosstheworldthatarenowinsomewayhelping(hardware&software)todeliverAIvideoanalyticsolutions.

Thereisstillmuchtobedoneinperfectingthetechnologyandgettingittomarket,butthese‘newtools’haveopeneduptheopportunitytobringAIproductstothevideoanalyticsmarketpotentiallyrevolutionizingitsperformanceandcapability.Andifitcandeliver,itwillfurtherdrivedemandforintelligentvideosurveillance,notjustfornewprojectsbutopenupavastlatentpotentialforretrofittingmillionsofexistingcamerainstallations.

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Why Do You Need This Report?

Whatisthemarketworthnow?WehavedefinedAIVideoAnalyticsasasolutionthatisrunningdeeplearningalgorithmsonaplatformthatismostlikelytobebuiltonaGPUchiparchitecture.ThesesolutionsareverymuchintheirembryonicstageandourbestestimateisthatglobalsalesofAIVideoAnalyticsolutionsin2017wasonlyaround$115million,muchofthisbeinginstalledinChinaonSafeCityprojects.

VideoSurveillancesystemsgeneratevastamountsofdatathatissadlynotbeingutilizedproperly.Thereishugepotentialtomaximizethevalueofthisdatabyconvertingitfrom“dumbtoactionable”.Thematerialisalreadyouttherejustwaitingtobemined.NewchiparchitecturescombinedwithAIvideoanalyticssoftwarewhenputtoworkonthesegargantuanvolumesofdatashouldimprovethesecurity,safetyandperformanceofpeople,buildingsandthebusinessenterpriseandatthesametimeprovideamajorboosttotheVideoSurveillanceEcosystem.

Currentlawenforcementsystemsareincreasinglyunabletocopewiththesheervolumeofsurveillancematerialcapturedandstoredeveryday.Thisisonlysettorise,withthepopulationofvideocamerasincreasingbyatleast12%peryear.Thesevideostreamswillonlyeverbeusefulifprocessesto

searchandanalyzethemountainofdatakeeppace.Asitstandstodayvitalinformationismissedbecausethevastmajorityofvideoissimplynever

viewed.

Inordertobothsizethepotentialmarketandfutureforintelligentvideoanalyticssoftware,inthisreportwealsoestablishthesizeoftheVideoSurveillanceequipmentbusiness,howitisorganizedandthenfocusdeeperintotheVideoManagementSolutions(VMS)businessasthisiswherecurrentanalyticsoftwareforthevideosurveillancebusinessismostoftenapplied.Todaymostofthesoftwareusedfallsoutsideourdefinitionofbeing“AIVideoAnalytics”butinthefutureitwillbeaninextricablepartofit.WethereforereviewthevideosurveillanceandtheVMSbusinessinordertomakeaseriousattempttoforecastthedemandfortheAIVideoAnalyticsmarket.

Wehaveidentifiedsome128companiesthatarecurrentlyactiveinsupplychainforAIVideoAnalytics.Newcompaniesarebeingaddedtothislistalmostdailyandwecannotclaimthatourlistisfullycomprehensive.NvidiahasemergedastheearlyleaderinAIchipsandisparticularlystronginvideoanalytics.Nvidia’sedgeisthatitsPCgamingprocessors(GPUs)canbescaleduptohandleAIsoftware,thankstotheir“parallelprocessing”circuitrywhichcanhandlecomplexmultipletasks.

ChinahaspublicallyannounceditsgovernmentstrategytodominateAItechnology.ItsInternetgiantslikeBaidu,AlibabaGroupHoldingsandTencentHoldingsarepouringmoney

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intoAIresearch.Chinaproducesaround40%oftheworld’svideocamerasandconsequentlywillgeneratemassiveamountsofrawdatatotrainAIsystemsinhowtomakepredictions.ThereisgoodreasontothinkChinawillmakebreakthroughsindevelopingcomputeralgorithmsforvideoapplications.

Withinits144Pagesand8ChartsandTables,Thereportpresentsallthekeyfactsanddrawsconclusions,soyoucanunderstandtheimpactthatartificialintelligenceishavingonvideosurveillanceandanalytics;

Thereare2elementstotheimplementationofvideoanalytics.Thefirstisthetaskofaddingtheanalyticsenginestothevariousvideostreamsandenablingthem.Thisisrelativelysimpletoachieve.Thesecondpartoftheimplementation,andthepartoftheprocessthatcanbefarmoretime-consuming,isconfiguringthemforaccurateperformance.Everysiteisbespoke,andevenverysimilarsitesusingthesameanalyticrulesmayneedtodeliververydifferentresults,baseduponthespecificoperationalrequirements.Evenwithaself-learningsystem,theremaybeaneedtoadjustdetectionzonesandmasks,cameraangles,perspectivesettings

Webelievethereare2mainfactorsthatwilldeterminethefuturerolethatthesuppliersofthevideosurveillancemarketwillplay.ThefirstisthebroadsplitbetweentheEnterprisemarketandtheSMBmarketandthe2methodsofapplyingAIthrougheithertheedgeorthecloud.

Inthisreport,wehavedetailedsome6methodsofapplyingAIanddeeplearning.Theyallhavebenefitsinparticularapplicationsbutalltoofteninthepasttherehasbeenafailuretotakeintoaccounttheneedtosimplifytheinstallationandconfigurationandmoreimportantlysatisfythebuyerthatthesystemisreliableandrobust.

StartingatonlyUSD$1,750foraSingleUserLicense,thisreportprovidesvaluableinformationintohowVideoSurveillanceandITcompaniesaredevelopingtheirbusinessesthroughInvestment,M&AandStrategicAlliance.

Table of Contents Preface

ExecutiveSummary

1.Introduction

2.AITechnologyanditsimpactonIntelligentVideoAnalyticsSolutions

2.1ThePanoramaofAI–IoT,BigData&Blockchain

2.2AIChipTechnologiesDiversify&OpenupNewApplications

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2.3TheDevelopmentofAIChipTechnology–MachineLearning&DeepLearning

2.3.1TheDevelopmentofAIChipTechnology

2.3.2MachineLearning&DeepLearning

2.4TheAdvantagesofDeepLearninganditsAlgorithms

2.4.1DeepLearning

2.4.2Start“Shallow”go“Deep”

2.4.3“ArtificialAspects”to“AspectLearning”

2.4.4KeyFactorsofDeepLearning

2.4.5ApplicationofDeepLearningProducts

2.4.6TheCostofDeepLearning

2.4.7SpikingNeuralNetworks

2.5ThereisaGrowingNecessityforAIVideoAnalytics

3.MarketSizeofVideoSurveillanceSystems&VMSSoftware

3.1MarketSizeofVideoSurveillanceEquipment2017&Forecastto2022

3.1.1ImplicationsofUsing2DCamerasforAIAnalytics

3.1.2ImplicationsofUsing3DCameras

3.1.3ImplicationsofUsingThermalCameras

3.2MarketSizeofVideoManagementSoftwareSystems2017&Forecast2022

4.MarketSizeofVideoAnalyticSoftware&TransitiontoAIVideoAnalyticsSoftware

4.1MarketSizeofVideoAnalyticSoftware2017

4.1.1VideoAnalyticSoftwareabouttoreachtheInflectionPoint

4.1.2WhyVideoAnalyticSoftwarehasanimmenseGrowthPotential

4.1.3TraditionalVideoAnalyticAlgorithmsLackSophistication

4.2HowWillAIVideoAnalyticsbeApplied

4.2.1AddonCameraAnalytics

4.2.2AnalyticsAppliance/Encoder

4.2.3CloudAnalytics

4.2.4EmbeddedCameraAnalytics

4.2.5EmbeddedDVR/VMSAnalytics

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4.2.6ServerBasedAnalytics

4.3TheWorldMarketforAIVideoAnalytics

5.AssessingtheSupplySide&CompetitiveLandscape

5.1TheWorlds’LeadingCameraSuppliers

5.2TheWorlds’LeadingVMSSuppliers

5.3TheWorlds’LeadingVideoAnalyticSuppliers

5.4TheWorlds’LeadingAIChipManufacturers

5.4.1AISemiconductorChips

5.4.2WhereareweatTodayinApplyingAITechnology

5.4.3ChallengesinApplyingAITechnology

5.4.4ChallengesRunningAIatthe‘Edge’ofNetworks

6.EvaluatingtheDemand&SupplySideChallenges

6.1DemandforVideoAnalytics

6.2OvercomingtheSupplySideChallengers

6.3LeadingVerticalsforAIVideoAnalytics

6.3.1HowIntelligentVideoCanMakeSmartCitiesSee

6.3.2TransportgoesforAIVideoAnalyticSolutions

6.3.3RetailBuildingsgoforAIVideoAnalyticSolutions

6.3.4FacialRecognitionAnalyticsMovestotheEdge

6.4ConnectingAI–IoT–BlockChain

6.5CanAIVideoAnalyticsSoftwareDeliver?

7.ChannelsofDistributionforAIVideoAnalyticSolutions

7.1ThroughtheVideoSurveillanceNetwork

7.2IntheCloud

8.Funding–Investment&IntellectualPropertyintheRaceforAITechnology

8.1Funding&InvestmentinAIChips&Software

8.2AIPatents3rdFastestGrowingCategory2013to2017

9.VentureCapitalisInvestingEnormousFundsinAI

9.1InvestmentinAI&MachineLearningCompanies

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9.2ChineseInvestorsPourBillionsintoAISolutions

10.Mergers&Acquisitions–StrategicAlliances

10.1StrategicAlliances

10.1.1IBM–CenterforOpenSourceDataandAITechnologiesinSanFrancisco

10.1.2NvidiaandARMPartnerforChipmakerstoEmbedDeepLearning

10.1.3AmazonDeepLearningPartnershipWithAgentVi

10.1.4Google&BaiduSpearheadMLPerf

10.2Mergers&Acquisitions

10.2.1GoogleandApple’sGlobalAcquisitions

10.2.2Facebook’sComputerVisionCollection

10.2.3Qualcomm

10.2.4Intel

10.2.5CanonAcquiresBriefcam

10.2.6MotorolaAcquiresAvigilon

10.2.7NortekSecurity&ControlAcquiresIntelliVisionTechnologiesCorp

List of Figures

Fig2.1MachineLearning&DeepLearningCapability

Fig3.1WorldSalesofVideoSurveillanceProducts2017–2022($b)

Fig3.2WorldVMSMarketforVideoSurveillance2013–2022($m)

Fig4.1TheWorldMarketforAIVideoAnalyticsMarket2017–2022($m)

Fig5.1PerformanceofEstablishedPlayers/NewVentures/Challengers/LeadersintheVideoSurveillanceCameraMarket2017

Fig5.2PerformanceofEstablishedPlayers/NewVentures/Challengers/LeadersintheVMSMarket2017

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List of Tables

Table5.1DirectoryofAISemiconductorSpecialist&VideoAnalyticSuppliers2018

Table8.1USMachineLearningPatentApplicationsin2017byCompany

How to Order Thereportispricedat$1,995USD(EnterpriseLicense)/$1,750USD(SingleUserLicense).ItisdeliveredasanelectronicPDFdownload,viaemail.

Toorder,orifyourequirefurtherinformationpleasecontact;

[email protected]/+46850164177

AlternativelyyoucanorderdirectthroughourWebsite-https://www.memoori.com/portfolio/global-market-video-analytics-2018/