Video Analytics Market is expected to reach USD 20.3 billion by 2027 with CAGR of 23.4% described in

January 25, 2023 ⚊ 1 Min read ⚊ Views 60 ⚊ NEWS

According to a research report “Video Analytics Market by Component (Software and Services), Application (Incident Detection, Intrusion Management, Traffic Monitoring), Deployment Model (Cloud and On-premises), Type, Vertical and Region – Global Forecast to 2027” published by MarketsandMarkets, the global video analytics market is projected to grow from USD 7.1 billion in 2022 to USD 20.3 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 23.4% during the forecast period. The growth of the video analytics market can be attributed to government initiatives in adopting emerging technologies to enhance public safety infrastructure.

Read details: https://www.whatech.com/og/markets-research/it/732368-video-analytics-market-is-expected-to-reach-usd-20-3-billion-by-2027-with-cagr-of-23-4

Tags: Video Analytics Market

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