How Big is the Video Analytics Market? | 2025 Size & Forecast

Video Analytics Market Size Growth Rate

In 2024, the video analytics market was valued at an estimated USD 8.35 billion, and it is expected to grow to USD 51 billion by 2031, at a CAGR of 15% from 2025-2031. Various factors have been driving this growth, such as improvements in artificial intelligence (AI), machine learning, and growing demand for improved, smarter surveillance and security solutions. 

How Big is the Video Analytics Market?

The video analytics market is highly impressive and developing rapidly, fueled by improvements in artificial intelligence (AI), machine learning, and growing market demand for improved, smarter surveillance and security solutions. The video analytics industry continues to grow with broader applications across a variety of industry verticals. The incorporation of AI and machine learning will continue to expand the capabilities of video analytics systems, providing more power for accurate and efficient analysis. With industries investing in greater security and operational efficiencies, we can expect increased demand for video analytics solutions.

Key Market Drivers

Advancements in AI and Machine Learning

The integration of AI as well as machine learning algorithms, in the market has prominently improved the efficiency and accuracy of video analytics systems. These advancements within the industry enable more sophisticated functionalities, like facial recognition, behavior analysis, and anomaly detection.

Rising Demand for Enhanced Surveillance

The growing need for real-time monitoring as well as threat detection has boosted the adoption of video analytics in security and surveillance systems. Organizations are leveraging such technologies to proactively recognize and respond to potential security breaches.

Growth of Smart Cities

The development of smart cities has led to increased implementation of video analytics for traffic management, public safety, and infrastructure monitoring. Governments are investing in intelligent video surveillance systems to enhance urban living conditions and resource management.

Need for Business Intelligence

Enterprises across sectors — especially in hospitality, retail, and transportation — are using video analytics in order to understand customer behavior, enhance service delivery, as well as stimulate revenue growth.

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