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Follow on Google News | Video Surveillance Industry Growth, Development and Forecast Report, 2030The video surveillance market is set to grow from USD 58.5 billion in 2024 to USD 99.7 billion by 2030, driven by AI, IP-based systems, and 360° camera technology.
By: P&S Intelligence Moreover, smart metropolises need intelligent video surveillance for tracking diverse activities. Furthermore, AI-enabled video analytics and deep learning improve surveillance efficiency, which fuels people's and properties' safety. The requirement for advanced processing abilities and compression methodologies is propelling the use of IP-based video surveillance systems. Developing technologies, like computer vision, artificial intelligence, and pattern finding, are quickly being used in the current surveillance systems to find abnormal behavior and patterns in numerous recordings. Analog video surveillance systems are becoming less popular as more advanced IP-based systems become widely available. The rising demand for IP-based video surveillance is driven by improvements in security capabilities, network services, and decreasing costs of specialized equipment. These advancements are also lowering installation expenses. Additionally, the introduction of 360° video recording technology allows users to substitute multiple pan-tilt-zoom (PTZ) cameras with a single unit, further enhancing efficiency and cost-effectiveness in surveillance setups. Browse detailed report analysis on Video Surveillance Market Growth and Demand Forecast to 2030 (https://www.psmarketresearch.com/ Key Insights
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