Global AI in Video Analytics Market Industry Analysis, Size, Share, Growth, Trends

The government of various countries is rapidly adopting AI-based video analytic systems for traffic monitoring and in the public infrastructures to provide enhanced security and safety to the citizens. The increased adoption of video surveillance in commercial buildings such as malls, airports, railway stations, ports, etc., and residential buildings has raised the demand for visual analytics. AI-based solutions also offer features such as face recognition, auto-tracking, wide-area surveillance, emotion recognition, etc. The business strategies such as business expansion, collaboration, partnerships, mergers, and acquisition are expected to create many lucrative opportunities for the market.