Market Overview
In 2024, the worldwide video streaming industry revenue is projected to stand at USD 157.2 billion, and growing at a CAGR of 21.6% over the projection period, it is set to attain USD 508.8 billion by the end of the decade. This can be credited to the growing use of artificial intelligence and blockchain tech to upgrade video quality. AI is now playing a vital role in cinematography, editing, scriptwriting, voice-overs, and numerous other aspects of video production and upload.
Market Overview
The video analytics market generated revenue of USD 10,074.3 million in 2023, which is expected to witness a CAGR of 23.2% during 2024–2030, reaching USD 42,747.3 million by 2030. This is attributed to growing security problems, increasingly sophisticated AI and Machine learning technologies, intelligence business, integration, Internet of things, and cloud computing, cost reduction, and effectiveness. In addition to the increasing video analysis technology is now a popular appro
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