Worldwide Video Surveillance Analytics Forecast, 2021–2025

Worldwide Video Surveillance Analytics Forecast, 2021–2025

This IDC study provides a forecast for the video surveillance analytics market for 2021–2025.According to Mike Jude, IDC research director for Video Surveillance and Vision Applications, "Global revenue for video management systems and video analytic applications was nearly $1.8 billion in 2020. This represents a 10.9% growth over 2019." Jude notes, "Growth is expected to continue in this market and will likely top $3.6 billion by 2025, driven by increasing demand for video data to support business process improvement activities."

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