Video Surveillance and Video Analytics Market Trends

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rakhirhif8963
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Video Surveillance and Video Analytics Market Trends

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Valery Vasiliev | 09/27/2021
Operating with data collected and summarized by Telecom Daily, its CEO Denis Kuskov reported that the video surveillance (VS) market in Russia exceeded 82 billion rubles in 2020. In terms of the number of video cameras (VC) installed in Russia — more than 15 million today — the country ranks third in the world, and in terms of the rate of increase in their number — second.

Approximately 90% of the VKs installed in the country are imported from China, with about 4 million units imported in 2020 alone . It is expected that through the efforts of regulators, the situation will change towards localization of production, development and use of domestic devices.

The huge number of installed VKs further dominican republic mobile database tasks of processing the information collected by these devices and opens up great prospects for the related (also dynamically growing) video analytics (VA) market. Its volume in Russia at the end of 2020 amounted to 11.1 billion rubles, which is 14.2% more than in 2019; it is expected that by 2028 this market will grow to 26 billion rubles.

In the structure of the Russian VA market, the main share is the direction of recognition of state registration plates , where the driver is the state order. The second place is occupied by face recognition - the most expensive type of VA. Biometric VA in the perspective of two to three years, as expected, will catch up and overtake "road" analytics.
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