Video Analytics Market Surges to $22.6 billion by 2028 - Dominated by Avigilon (Canada), Axis Communications (Sweden), Cisco (US)
1. Video Analytics Market projected to grow from $8.3B in 2023 to $22.6B by 2028. 2. Key growth drivers include increased public safety investments and real-time data analysis. 3. Edge computing and cloud deployment in video analytics expected to drive growth. 4. Cisco identified as a significant player in the expanding video analytics market. 5. Government and defense sectors expected to account for the largest market share.