Global AI in Video Analytics Market size is expected to reach US$ XX Mn. by 2026 from US$ XX Mn. in 2019, at a CAGR of XX% during the forecast period.
Global AI in Video Analytics Market Dynamics
AI in video analytics uses computer software programs that analyze the data collected from video surveillance cameras, which includes audios, images, and videos of vehicles, people, objects, and many more.
In recent times, cameras are widely utilized for video surveillance by security operators, analysts, and investigators. This camera generates a large amount of video data of the areas where it is placed. Due to this, it has become difficult for professionals to monitor a large amount of data and can lose concentration. To tackle this problem the security agencies are shifting towards AI-based video surveillance cameras as they can analyze a large amount of data. However, the availability of IP cameras at low cost and increasing use of high-speed internet connectivity, which are expected to gain AI in the video analytics market.