Analyst Predict: Video Analytics Market to Grow at CAGR of +21% by 2023 - Technological Advancements, Potential Business Opportunities and Global Innovations
Video analytics enables the industries to detect the anomalies automatically and track the system on a real-time basis. Video analytics provides facial recognition, object identification, object detection, and perimeter intrusion detection. The global video analytics market is expected to witness significant growth rate, due to the rise in smart cities expenditure by governments of various developed and developing regions, including North America, Europe, and Asia-Pacific.
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