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