AI in Video Surveillance Market Anticipated to Achieve USD 16.3 billion by 2028, Growing at a CAGR of 23.7%
Market Overview The AI in Video Surveillance market refers to the application of artificial intelligence (AI) technologies in video surveillance systems. AI-powered video surveillance solutions utilize advanced algorithms to analyze video footage and extract valuable insights, enhancing security and enabling proactive monitoring. The AI in video surveillance market in 2023 is USD 5.6 billion, with an estimated increase to USD 16.3 billion by 2028. This market is anticipated to experience a compound annual growth rate (CAGR) of 23.7% from 2023 to 2028. The increasing demand for technologically advanced surveillance systems and the rise in concerns about public safety and security are the major factors…
- Date: July 19, 2023
- Author: Thomas Bretz
- Category: Taiwan News