Written by: Roshan
According to a new market research report “Video Analytics Market published by MarketsandMarkets(TM), the video analytics market is expected to grow from USD 2.61 Billion in 2017 to USD 11.17 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 33.7%.
Growing demand for actionable insights derived from ever increasing organisational data pool, high demand for efficient video surveillance, and government investments in emerging technologies to enhance public safety infrastructure are the key factors driving the Video Analytics Market.
North America is expected to dominate the Video Analytics Market during the forecast period
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