
The Global Video Analytics Market is estimated at $1.85 billion in 2014 and is expected to reach $11.21 billion by 2022, growing at a compound annual growth rate (CAGR) of 25.2% from 2014 to 2022. Some of the key drivers of the video analytics market include, the transition of video scrutiny system from analog to digital, surfacing of open standards and increase in the efficiency of video scrutiny system. While the video analytics intricacy, clubbed with higher cost of maintenance of analytics is the key inhibitor of video analytics market. The government sector is also investing in video scrutiny as the amorphous videos of poor quality cannot be used for investigation purpose and hence, the videos are renewed into superior quality videos to get proper information.