Rapid Growth in Global Video Analytics Market

The global video analytics market is poised to expand significantly, from USD 8.3 billion in 2023 to USD 22.6 billion by 2028 at a CAGR of 22.3%. European nations, such as the UK, Germany, and France, are increasingly leveraging video analytics for security and operational efficiency. Key vendors like Avigilion, Axis Communications, Cisco, and IBM are prominent in this market, with the services segment anticipated to experience notable growth, catering to personalized solutions and training services. Critical infrastructure sectors, including oil & gas plants and nuclear facilities, drive substantial market share due to heightened security demands.