AI in Video Surveillance Market is experiencing new opportunities & competitive edge featured by Top Market Key Players (Honeywell International Inc., CloudWalk Technology Co. Ltd., Panasonic Holdings Corporation) | Forecast to 2030

According to a research report "AI in Video Surveillance Market”, by Deployment Type (On-premise, Cloud-based), Offering (Hardware (AI Cameras, Storage Devices, Servers, Monitors) Software (AI Video Management, AI-driven Video Analytics) Services (Video Surveillance as a Service, Installation & Maintenance)), Vertical (Commercial, Infrastructure, Public Facility, Military & Defense, Residential, Industrial) & Region - Global Forecast to 2030".

AI in Video Surveillance Market Scope:

• Market size value in 2023 - USD 5.9 Billion
• Market size value in 2030 - USD 25.3 Billion
• CAGR (2023-2030) - 23.1%
• Forecast Period - 2023-2030
• Historic Data - 2019
• Segments Covered - Deployment Type, Offering, Software, Services, Vertical & Region
• Geographies Covered - North America, Europe, Asia Pacific, and RoW
• Sample of Companies Covered - Genetec, Inc., Hangzhou Hikvision Digital Technology Co. Ltd.

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Browse in-depth TOC on "AI in Video Surveillance Market" 

• 174 - Tables
• 89 - Figures
• 312 - Pages

Market Overview: The global AI in video surveillance market plays a pivotal role in the overall ecosystem by leveraging advanced artificial intelligence technologies to enhance the efficiency and effectiveness of video surveillance systems. AI-powered video analytics enable automated detection, recognition, and analysis of objects and behaviors in real-time, significantly improving the accuracy and speed of threat identification. This not only enhances security measures but also reduces the burden on human operators, allowing them to focus on more complex tasks. The integration of AI in video surveillance contributes to proactive threat management, making it a crucial component for safeguarding critical infrastructures, public spaces, and private facilities.

Furthermore, the adoption of AI in video surveillance benefits the industry by optimizing resource utilization and operational costs. AI algorithms can intelligently filter and analyze vast amounts of video data, providing valuable insights for preventive maintenance, crowd management, and operational planning. The automation and intelligence brought by AI contribute to a more robust and responsive security infrastructure, fostering a safer environment for businesses and communities. Overall, the Global AI in Video Surveillance market is instrumental in transforming traditional surveillance systems into smart and adaptive solutions, offering a strategic advantage in addressing evolving security challenges.

Market Dynamics

Drivers:

• Increasing demand for advanced security solutions.
• Growing prevalence of video analytics and deep learning technologies.
• Rising concerns about public safety and terrorism.
• Integration of AI with video surveillance for real-time threat detection.

Opportunities:

• Advancements in facial recognition and object detection technologies.
• Expansion of smart cities and IoT infrastructure.
• Rising adoption of cloud-based video surveillance solutions.
• Emergence of edge computing for decentralized processing in surveillance systems.

Asia-Pacific dominates the AI in Video Surveillance Market

The Asia-Pacific (APAC) region dominates the global AI in video surveillance market, with China being a key contributor. The region's leadership is attributed to the rapid urbanization, increasing security concerns, and substantial government investments in smart city projects. China, in particular, is a major player, deploying advanced AI technologies in video surveillance for public safety and urban management. The European market follows closely, with a focus on technological innovation and stringent regulations driving the adoption of AI in video surveillance.

Looking ahead, countries in the Middle East, such as the United Arab Emirates (UAE), are emerging as high-growth markets due to their investments in smart city initiatives and the need for robust security measures. Additionally, Latin American countries like Brazil are witnessing a growing demand for AI in video surveillance to address security challenges. These regions offer significant growth potential as they increasingly prioritize the integration of AI technologies for enhanced security and urban development.

Top Key Players covered in the market Report

• Genetec, Inc.
• Hangzhou Hikvision Digital Technology Co., Ltd.
• Zhejiang Dahua Technology Co., Ltd.
• Avigilon Corporation (Motorola Solutions)
• NEC Corporation
• Honeywell International Inc.
• CloudWalk Technology Co. Ltd.
• Panasonic Holdings Corporation
• Huawei Technologies Co., Ltd.
• Corsight AI

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Segmentations Analysis of AI in Video Surveillance Market: -

• By Deployment Type
• By Offering
• By Vertical
• By Region

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