Video Analytics Market is Estimated to Hit the Market at USD 48.94 Billion by 2032; Increasing Safety and Security Concerns Boosted the Market Development

The global video analytics market size stood at USD 10.25 billion in 2024. The market is estimated to grow from USD 12.29 billion in 2025 to USD 48.94 billion by 2032, showing a CAGR of 21.8% during the forecast period. Fortune Business Insights™ presents this information in its report titled “Video Analytics Market Size, Share & Industry Analysis, By Application (Crowd Management, Facial Recognition, License Plate Recognition, Motion Detection, Intrusion Detection, and Others), By Deployment (On-premise, Cloud), By Enterprise Type (Large Enterprises and Small and Medium Enterprises (SMEs)), By Industry (BFSI, Government, Critical Infrastructure, Education, Retail, Travel and Transportation, Healthcare, and Others), and Regional Forecast, 2025-2032  ”

Video analytics technology leverages algorithms to interpret video signals for security-related applications. Its adoption is on the rise as it enables real-time detection of actions and behaviors, offering customers exclusive alerts and insights. Additionally, the growing focus on safety and security is anticipated to drive market expansion. The demand for video analytics solutions is expected to accelerate due to the rising number of smart city projects across major countries and increased investments in analytics-driven video surveillance systems. These platforms demonstrate robust usability across sectors such as law enforcement, government, transportation, banking, and finance. Furthermore, the enhanced adoption of analytics platforms aims to reduce crime rates by delivering timely alerts about suspicious or unusual activities.

Integration of Generative AI Capabilities in Video Analysis to Drive Market Expansion

Generative AI is revolutionizing video analysis by transitioning from traditional monitoring to the real-time generation of intelligent insights. Analyzing large volumes of footage required significant human intervention. However, with generative AI, organizations can now streamline and accelerate the analysis process through advanced models that comprehend, interpret, and respond to video content instantly.

Fujitsu’s Recent Launch of Video Analysis AI Agent Fueled Market Growth

In December 2024, Fujitsu launched a video analysis AI agent specifically created for frontline work environments. This advanced AI agent leverages spatial video and image data collected from workplace surveillance, along with textual information, to generate insightful reports and provide recommendations for improving workplace conditions.

Growing Demand for Proactive Security Solutions to Drive Market Expansion

As security challenges become increasingly complex and unpredictable, traditional surveillance methods that heavily depend on manual oversight and post-event footage review are proving to be insufficient. To address this gap, numerous organizations are shifting from passive video surveillance to more proactive and intelligent surveillance systems. This evolution is largely driven by rising concerns around terrorism, organized crime, vandalism, and public safety threats such as airports, subway stations, schools, and largely populated urban locations.

However, the increase in reliance on analytics has uncovered dangerous security exposures which construct hurdles to video analytics market growth. These risks are in relation to governments, enterprises, and smart city projects, where data breaches can cause financial losses, legal penalties, and reputational damage.

Leading Companies Advancing Analytics Solutions to Enhance Market Presence

Prominent video analytics companies within this market include Robert Bosch GmbH, IBM Corporation, Honeywell International Inc., and Axis Communication AB. These industry leaders are dedicated to developing intelligent video content analytics solutions powered by cutting-edge technologies such as Machine Learning (ML), Artificial Intelligence (AI), and cloud computing. Their focus on innovation aims to expand video analytics market share.

Key Players Profiled in the Report

• Cisco Systems, Inc. (U.S.)
• Avigilon Corporation (Motorola Solutions, Inc.) (U.S.)
• Honeywell International Inc. (U.S.)
• Huawei Technologies Co Ltd. (China)
• Qualcomm Technologies, Inc. (U.S.)
• Claro Enterprise Solutions (U.S.)
• IBM Corporation (U.S.)
• Canon Inc. (Japan)
• Robert Bosch GmbH (Germany)
• Irisity AB (Sweden)
• NTT Data Group Corporation (Japan)
• Genetec Inc. (Canada)
• AllGoVision Technologies Pvt Ltd. (India)
• IntuVision Inc. (U.S.)

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/industry-reports/video-analytics-market-101114

Key Industry Development:

• March 2023 – Honeywell declared the successful completion of Phase One of the Bangalore Safe City Project. This effort involved the deployment of over 7,000 surveillance cameras across more than 3,000 key locations throughout Bangalore. The AI-powered video analysis platform implemented as part of this initiative is designed to monitor and analyze video streams seamlessly.

Further Report Findings:

• Based on industry, the government segment held the dominant video analytics market share in 2024, owing to surging demand for improving public safety avoiding and investigating crimes. Rising focus on enhancing operational efficiency and improving citizens' overall security and well-being are propelling segment growth.
• North America is set to hold the major market share during the forecast period. Announcing the launch of new technologies and the presence of major key companies are likely to upsurge the demand for video content analytics solutions in the U.S. and Canada.
• Asia Pacific is anticipated to record exponential growth during the forecast period. Several smart city projects invested by the government and innovative surveillance projects for national security are some reasons that are expected to enhance the usage of video analytics solutions across the region.

Table of Segmentation