Artificial Intelligence (AI) Video Analytics Market Growth Accelerates: Strategic Forecast Predicts $64.92 Billion by 2029

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Will the Artificial Intelligence (AI) Video Analytics Industry Market Size Be by 2025?
In recent times, there has been remarkable exponential growth in the artificial intelligence (ai) video analytics market which is projected to expand from $15.57 billion in 2024 to $20.75 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 33.3%. This considerable growth in the historic period is due to the surge in urban surveillance projects, a rise in the adoption of IP cameras, an escalating demand for instant threat detection, the increase in strategies for loss prevention in retail and commercial sectors, and the growing availability of GPUs for computational power.

What's the Long-Term Growth Forecast for the Artificial Intelligence (AI) Video Analytics Market Size Through 2029?
In the coming few years, the artificial intelligence (AI) video analytics market is projected to experience robust growth, increasing to a whopping $64.92 billion by 2029 with a compound annual growth rate (CAGR) of 33.0%. The growth during this forecast period is due to several factors, including the integration of AI with edge computing, the heightened demand for infrastructure in smart cities, growing emphasis on privacy-conforming surveillance, autonomous retail and logistic operations' expansion, and the rise of multimodal AI fusion. The forecast period will also witness major trends such as the merging with edge devices, adoption of privacy safeguarding technologies, growth into non-security applications, utilization of multimodal data fusion, and a transition to no-code/low-code platforms.

View the full report here:
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-ai-video-analytics-global-market-report

What Are the Key Growth Drivers Fueling the Artificial Intelligence (AI) Video Analytics Market Expansion?
The expansion of the artificial intelligence (AI) video analytics market is projected to be fueled by escalating security and safety worries. These apprehensions refer to probable hazards that could endanger individuals, property, or information, frequently triggering a spike in protective and preventive efforts. The surge in security and safety issues can largely be attributed to an increase in cyberattacks, with organizations witnessing an uptick in threats to their data, networks, and essential infrastructure due to repeated, high-level cyber intrusions. AI video analytics enhance security and safety by allowing for real-time threat detection, preemptive incident response, and computerized monitoring across various settings. For example, as stated by the US-based nonprofit organization, Identity Theft Resource Center, in October 2023, the count of data breaches increased to 2,116 in the first nine months of 2023, exceeding the prior record of 1,862 breaches recorded in 2021. Consequently, this surge in security and safety issues is driving the growth of the AI video analytics market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=24874&type=smp

What Are the Key Trends Driving Artificial Intelligence (AI) Video Analytics Market Growth?
Big players in the AI video analytics sector are concentrating on coming up with novel solutions like cloud-based platforms to improve scalability, accessibility, and real-time data processing. Online computing environments popularly known as cloud-based platforms, provide access to different services like data storage, processing power, and software applications through the internet. They positively impact AI video analytics by providing possibilities for real-time scrutiny, centralized data management, and processing enormous volumes of video data without resorting to on-premise infrastructure. To illustrate, Yotta Data Services Private Limited, an IT service and consulting firm based in India, unveiled an AI-powered, cloud-based video surveillance infrastructure named Drishticam, tailored for enterprises in November 2024. The infrastructure provides sophisticated real-time analytics, flawless integration with existing systems, and expandable storage. By leveraging AI and machine learning, it strengthens security through automated monitoring, predictive threat detection, and effective video data management, aiding businesses to heighten operational efficiency, lower expenditures, and deliver continuous, intelligent monitoring that adjusts according to changing needs.

How Is the Artificial Intelligence (AI) Video Analytics Market Segmented?
The artificial intelligence (AI) video analytics market covered in this report is segmented -

1) By Component: Software, Services
2) By Deployment Model: Cloud-Based, On-Premises
3) By Enterprise Size: Large Enterprises, Small And Medium Sized Enterprises
4) By Applications: Security And Surveillance, Customer Analytics, Operational Efficiency, Risk Management, Compliance
5) By End-User: Retail, Government And Defense, Critical Infrastructure, Transportation, Healthcare, Consumers, Other End-Users

Subsegments:
1) By Software: Data Management Software, Data Analysis Software, Cloud-Based Software Solutions, On-Board Event Data Recorder Software
2) By Services: Installation Services, Maintenance Services, Data Retrieval And Analysis Services, Consulting And Support Services

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=24874&type=smp

Which Companies Are Leading the Charge in Artificial Intelligence (AI) Video Analytics Market Innovation?
Major companies operating in the artificial intelligence (AI) video analytics market are Amazon.com Inc., Google LLC, accenture* plc, International Business Machines Corporation, Panasonic Holdings Corporation, Cisco Systems Inc., Qualcomm Technologies Inc., Honeywell International Inc., NVIDIA Corporation, Hangzhou Hikvision Digital Technology Co. Ltd., Robert Bosch GmbH, Genetec Inc., Hanwha Techwin Co. Ltd., Gorilla Technology Group Inc., iOmniscient Pty Ltd, PureTech Systems Inc., Kinesense Ltd., Airpix Inc., Dallmeier electronic GmbH & Co. KG, AllGoVision Technologies Pvt. Ltd.

Which Regions Are Leading the Global Artificial Intelligence (AI) Video Analytics Market in Revenue?
North America was the largest region in the artificial intelligence (AI) video analytics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (AI) video analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=24874

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas - +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.