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Video analytics market to see rapid expansion to $33 billion by 2031
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Video analytics market to see rapid expansion to $33 billion by 2031
Delray Beach, Fl (USA)
The latest information from research company, Marketsandmarkets shows the video analytics market is expanding rapidly, with a projected market size rising from about USD 13.45 billion in 2026 to USD 33.61 billion by 2031, at a CAGR of 20.1%. Globally, the market is strengthening as government agencies, enterprises, and critical infrastructure operators expand intelligent surveillance initiatives to improve security, situational awareness, and operational efficiency.
Large-scale deployments across North America, Europe, and Asia Pacific are driving demand for scalable video analytics software and integrated video surveillance platforms. Organisations are transitioning from conventional video monitoring to AI-powered video analytics solutions that enable automated threat detection, real-time event analysis, and centralised surveillance management.
According to Marketsandmarkets, video analytics platforms must support object detection and tracking, behaviour analysis, anomaly detection, facial recognition, forensic video search, and incident monitoring while ensuring data security and system interoperability.
Growing emphasis on public safety, infrastructure protection, and data-driven decision-making is accelerating adoption of edge-based video analytics, cloud-enabled processing, and automated video investigation. As digital security initiatives expand globally, intelligent, scalable, and reliable video analytics software is becoming a foundational component of modern surveillance infrastructure and operational intelligence ecosystems.
Security and threat detection driven by demand from government agencies
The security and threat detection segment is expected to hold the largest market share in the global video analytics market during the forecast period, driven by rising investments in public safety, critical infrastructure protection, enterprise security, and intelligent video surveillance. Government agencies, transportation operators, utilities, and commercial enterprises are increasingly deploying AI-powered video analytics to identify suspicious behaviour, detect unauthorised access, monitor restricted areas, and accelerate incident response across extensive camera networks.
The growing volume of surveillance footage is also increasing demand for automated video analysis that reduces dependence on manual monitoring and enables faster investigation through object tracking, anomaly detection, and forensic video search. For vendors, differentiation increasingly depends on delivering reliable detection under challenging lighting and environmental conditions, minimizing false alerts, and integrating analytics with existing video management systems, access control , and security operations platforms.
Increasing urgency for forensic video search
Forensic video search and investigation software is expected to grow fastest in the global Video Analytics market during the forecast period, driven by rising surveillance footage volumes and the need to speed investigations across law enforcement, transportation, retail, and critical infrastructure. According to a February 2025 survey commissioned by Cognyte, 42% of law enforcement respondents worldwide identified video analytics as a leading investigative technology, rising to 51% in North America.
Vendors are responding with increasingly sophisticated investigation capabilities. The research highlights particular developments, such as Milestone Systems’ Briefcam, which enables investigators to condense hours of footage into minutes using Video Synopsis and filter recordings by object type, appearance, direction, and movement. Its technical documentation reports 96% or higher accuracy for top-level object classification under typical video conditions, although actual performance varies with image quality and lighting. Additionally, in September 2025, another named example named in the research is that of Genetec, which introduced intelligent investigation capabilities in Security Center SaaS, including natural-language search, similar-person identification, and contextual activity analysis. Axis Communications is given as a further point of interest - also supporting forensic investigations through camera-generated metadata integrated with Genetec and Milestone platforms, reducing dependence on dedicated analytics servers. These developments strengthen demand for faster evidence discovery, cross-camera tracking, and integrated investigation workflows.
North America is projected to lead the market
North America remains the most mature market for video analytics, supported by widespread deployment of intelligent video surveillance, established security technology providers, substantial enterprise security investments, and growing demand for AI-powered threat detection. Government agencies, healthcare networks, transportation operators, retailers, and critical infrastructure owners are expanding video analytics deployments to improve situational awareness, automate incident detection, and strengthen security operations. New and ongoing projects in the US reinforce demand for scalable video analytics software, edge-based processing, and integrated security platforms, positioning North America as a strategic market for vendors competing on detection accuracy, interoperability, cybersecurity, and response efficiency.
The report names major companies operating in the video analytics market and makes particular reference to Hikvision, Motorola Solutions (Avigilon), Axis Communications, Dahua Technology, Genetec, Milestone Systems, Hanwha Vision, and Huawei.
Marketsandmarkets
edge-based video analytics
threat detection
behaviour analytics
video analytics
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