What is AI in video surveillance?

AI in video surveillance refers to the integration of artificial intelligence technologies, such as machine learning and computer vision, into surveillance systems to enhance their capabilities in detecting, analyzing, and responding to events or anomalies in real-time video streams.

How big is AI in Video Surveillance Market?

The Global AI in Video Surveillance Market size is expected to be worth around USD 33.0 Billion by 2033, from USD 5.8 Billion in 2023, growing at a CAGR of 19% during the forecast period from 2024 to 2033.

Who are the key players of AI in video surveillance market?

Hangzhou Hikvision Digital Technology Co. Ltd., Axis Communications AB, Dahua Technology Co. Ltd., Avigilon Corporation, Hanwha Vision Co. Ltd., Robert Bosch GmbH, Panasonic Corporation, VIVOTEK Inc., Pelco, Teledyne FLIR LLC, Verkada Inc., Videonetics Technology Pvt. Ltd., Other Key Players

What is the driving factor of AI in video surveillance market growth?

The driving factor of AI in the video surveillance market growth is the need for advanced threat detection and analysis capabilities, which AI technologies offer through improved accuracy, efficiency, and automation in identifying security risks and anomalies in real-time video streams.

Which region is leading the AI in video surveillance market?

In 2023, Asia-Pacific held a dominant market position in the AI in video surveillance market, capturing more than a 41.1% share.

What are the challenges associated with AI in video surveillance?

Challenges include concerns about privacy and ethics, ensuring the reliability and robustness of AI algorithms, managing and analyzing vast amounts of video data, addressing biases in AI models, and navigating regulatory requirements and compliance standards related to surveillance technology.

Global AI in Video Surveillance Market By Component (Hardware, Software, Services), By Deployment Mode (Cloud-Based, On-Premise), By Application (Intrusion Detection, Crowd Monitoring, Traffic Management, Other Applications), By End-Use (Residential, Commercial, Industrial, Government & Public Sector), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2024-2033

Published date: April 2024
Report ID: 118611
Number of Pages: 332
Format:

- Hangzhou Hikvision Digital Technology Co. Ltd.
- Axis Communications AB
- Dahua Technology Co. Ltd.
- Avigilon Corporation
- Hanwha Vision Co. Ltd.
- Robert Bosch GmbH
- Panasonic Corporation Company Profile
- VIVOTEK Inc.
- Pelco
- Teledyne FLIR LLC
- Verkada Inc.
- Videonetics Technology Pvt. Ltd.
- Other Key Players
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