Global AI Video Analytics Market 2022-2029: Analysis, Innovations, Possibilities, and Economic Outlook for Video Surveillance and Monitoring Solutions with Industry Size & Share | Verint, IBM, Agent Vi, IntelliVision

AI Video Analytics Market Research Report: Summary Frame

• By 2029, the market for AI video analytics is expected to have grown from its current size of US$ Y.Y billion to more than US$ Y.Y billion.
• With the use of AI video analytics, businesses may analyze video data for a variety of uses, including security, surveillance, and business intelligence.
• Systems with artificial intelligence (AI) are used to analyze video data, follow people and things, and recognize and identify objects.
• Some of the key reasons propelling the growth of the AI video analytics market include the rise in demand for affordable and effective video analytics systems, the adoption of IoT and connected devices, and the requirement for better security and surveillance.
• The demand for AI video analytics is also being driven by the growing requirement for intelligent video analytics to protect vulnerable places like banks, government buildings, and industry.
• One of the main issues limiting the growth of the AI video analytics market is the high cost of AI video analytics systems and the dearth of qualified people in the industry.
• The implementation of AI video analytics is further hampered by the complexity of AI video analytics systems and the absence of industry-wide standardization.
• An exhaustive analysis of the AI Video Analytics industry is provided in this market research report.
• Market dynamics, market segmentation, the competitive environment, and geographical analysis are all covered.
• The report also looks at the trends and factors that are predicted to have an immediate impact on the industry.
• The research also includes a thorough analysis of the leading industry players and their expansion plans.

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The report focuses on the AI Video Analytics market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. Furthermore, the report provides strategies for companies to overcome threats posed by COVID-19.

Technological innovation and advancement will further optimize the performance of the product, enabling it to acquire a wider range of applications in the downstream market. Moreover, customer preference analysis, market dynamics (drivers, restraints, opportunities), new product release, impact of COVID-19, regional conflicts and carbon neutrality provide crucial information for us to take a deep dive into the AI Video Analytics market.

Major Players in the AI Video Analytics market are:
Verint
IBM
Agent Vi
IntelliVision
Cisco

On the basis of types, the AI Video Analytics market is primarily split into:
Software
Services

On the basis of applications, the market covers:
Retail
Enterprise
Smart City Industry
ITS (Intelligent Traffic Systems) & Automotive Driving

Major Regions or countries covered in this report:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others

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Years considered for this report:
Historical Years: 2017-2021
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2022-2029

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This release was published on openPR.