Al in Video Surveillance Market By Component (Hardware, Software, Services), By Deployment (Cloud-based, On Premise), By End Users (Commercial, Residential, Infrastructure, Defence and Military, Public Facility, Industrial), and By Region – Market Trends, Analysis and Forecast till 2034

Report Code: PMI523424 | Publish Date: June 2024 | No. of Pages: 180

Ai In Video Surveillance Market Size

Al in Video Surveillance Market Size

Al in video surveillance market is valued at USD 6.75 billion by 2024 and is expected to grow at a CAGR of 15.4% to reach USD 24.89 billion by 2034

Video surveillance deals refers to the process of using a video camera to monitor a situation or scene. , or an event. A video surveillance system is made up of different components, including security cameras, monitors or displays, and sensors. Video surveillance has quickly become an integral part of business operations as it allows employees and planners to monitor events as they happen. Modern technology has allowed this to happen in real time, ensuring reduced response times. The use of AI in video surveillance focuses on specific software that can be downloaded onto devices. These programs are then used to analyze images, audio, and video to identify and detect specially configured people, vehicles, objects, behaviors, and more. AI-based video surveillance plays a vital role in ensuring better public safety and security standards.