The meaningful and smart data extracted from your cameras are easy to reach now with Intenseye! Currently, videos are the most effective data form for analysis and for making quick or real-time response systems in Smart Cities, whether it is related to safety, security, crowd management, traffic management, smart retail processes or healthcare. So, the video analysis systems and API technologies as Intenseye serves, carry relevant importance which can mine useful data from unstructured videos that can be analyzed, searched, and managed to create a real-time intelligent response system.
Intenseye APIs also successfully solved the problems that can be encountered while extracting data such as scalability, reliability, speed, and cost-effectiveness. Our unique approach can be the solution for all of those probable problems. Intenseye serves the highest level analysis to global video analytics market which has been changed dramatically over the years.
The trend has moved from standalone to networked solutions, from safety and security to other uses in verticals like retail, healthcare, traffic management, education, sports and in numerous other fields. All of those areas are in need of the detailed analysis while preventing false alarms with high accuracy maintained by carefully chosen based on the actual needs and the situations. For example, configuration parameters would vary when cameras are placed in crowded areas, as chances of false alarms increase in such scenarios. So the system should be manageable and dynamic to be able to respond to different needs for different needs.
As more sophisticated situations arise out of the Smart City concept, and as the need for intelligent security and monitoring systems arise due to rising activity and number of users. For those reasons, a cost-effective, efficient & intelligent video analytics appear to be the need of the hour. In 2025, it is expected we will have around 26 global Smart Cities and around 50 percent of these will be located in North America and Europe. Analysts forecast that the video analytics market will grow at a CAGR of 34.12 percent over the period of 2013-2018 and grow to $867.8 million by 2017. Latin America, and the Middle East and Africa regions are emerging markets, whereas Europe, Asia-Pacific, and North America regions are considered high growth markets which are in our target.