Video Analytics Market Report, Size, Demand, Statistics and Future Trends 2023-2028
The latest report published by IMARC Group, titled “ Video Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ”, offers a comprehensive analysis of the industry, which comprises insights on the market trends. The report also includes competitor and regional analysis, and contemporary advancements in the market. How Big is the Video Analytics Market? The global video analytics market size reached US$ 6.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.5 Billion by 2028, exhibiting a growth rate (CAGR) of 18.4% during 2023-2028. Video analytics is a technology that uses artificial intelligence and computer vision to analyze and interpret video content. It enables the automated extraction of valuable insights from video data in real-time or post-event. Video analytics can detect and recognize objects, people, and events, thus making it valuable for various applications, including security, surveillance, and bu...