The global video analytics market size was valued at USD 1.89 billion in 2016. This growth can be primarily attributed to increasing concerns regarding safety and security of the public. In addition, growing application of video analytics for reducing crime rates through timely alerts about suspicious or unusual activities is a key factor driving the market.
Demand for intelligent video surveillance is further accelerated due to additional features such as improved accuracy, enhanced reliability, and cost-effectiveness, along with its growing significance in business intelligence. These solutions are extensively used to gain insights on patterns pertaining to consumer behavior, traffic movement, and frequency of footfall at a user-defined area.
Epicamera also offers various video analytics solutions including vehicle counting for traffic solution, tree counting for agriculture via drone, people counting for retail and restaurant industries, intruder detection, OCR and automated vehicle license plate recognition, deploying artificial intelligence and machine learning technologies.
Automated Vehicle Counting Solution
A video analytics that reads pre-recorded video files (at traffic junction), detects vehicles within the video footage, recognizes the types of vehicles, and performs counting of vehicles.