Video Analytics Market Size, Share & Trends Analysis growing at a CAGR of 19.5% from 2025 to 2030

The global video analytics market size was estimated at USD 12.71 billion in 2024 and is projected to reach USD 37.84 billion by 2030, growing at a CAGR of 19.5% from 2025 to 2030. This growth can be attributed to the rising need for enhanced surveillance systems, the proliferation of smart city initiatives, and the integration of artificial intelligence (AI) in video analytics solutions.

Key Market Trends & Insights

• North America dominated the global video analytics market in 2024 with the largest revenue share of 33.2%.
• The U.S. video analytics market dominated North America in 2024.
• By type, the software segment in the video analytics industry accounted for the largest revenue share of 79.3% in 2024.
• By deployment, the cloud segment dominated the video analytics industry with the largest revenue share in 2024.
• By application, the facial recognition segment dominated the video analytics industry with the largest revenue share in 2024

Market Size & Forecast

• 2024 Market Size: USD 12.71 Billion
• 2030 Projected Market Size: USD 37.84 Billion
• CAGR (2025-2030): 19.5%
• North America: Largest market in 2024

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The increasing concern for safety and security across various sectors has further driven the video analytics industry. Organizations are increasingly adopting video analytics to monitor real-time activities, detect anomalies, and ensure compliance with safety regulations. For instance, retail businesses utilize video analytics to analyze customer behavior, optimize store layouts, and reduce theft by identifying suspicious activities. This application not only enhances security but also contributes to improving customer experience and operational efficiency.

Moreover, the rapid development of smart cities is significantly boosting the demand for the video analytics industry. Governments are investing heavily in infrastructure, incorporating advanced surveillance systems to enhance public safety and streamline urban management. For instance, cities are deploying intelligent traffic management systems that utilize video analytics to monitor traffic flow, reduce congestion, and improve emergency response times. This technology integration enhances urban living and generates substantial data that can be analyzed for future urban planning.

Furthermore, the growing adoption of cloud-based solutions is facilitating the scalability and accessibility of video analytics technologies. Businesses leverage cloud platforms to store vast amounts of video data securely while utilizing advanced analytics tools without heavy upfront investments in hardware. This trend is particularly beneficial for small and medium-sized enterprises (SMEs) that may have previously found such technologies cost-prohibitive. As a result, the video analytics market is set to flourish as more organizations recognize its potential to transform operations and enhance security measures.

Video Analytics Market Report Scope