Global Video Analytics Market Analysis, Application & Forecast To 2021-2026

October 26, 2021 ⚊ 1 Min read ⚊ Views 200 ⚊ TECHNOLOGY

The Global Video Analytics Market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 20.4% during the forecast period, to reach USD 14.9 billion by 2026 from USD 5.9 billion in 2021. Key factors that are expected to drive the growth of the market are the increasing investments and focus of governing institutions on public safety, need to utilize and examine unstructured video surveillance data in real time,significant drop in crime rate due surveillance cameras.

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