Video analytics is a cutting-edge technology that has revolutionized the interpretation and analysis of video data. Utilizing advanced algorithms and Artificial Intelligence (AI), video analytics enables real-time tracking and automated detection of objects, events, and behaviours, providing valuable insights and enhancing security in various industries. According to a recent report, the global video analytics market is projected to reach a value of USD 35.88 billion by 2030, with a compound annual growth rate (CAGR) of 21.5%. Video analytics is closely intertwined with video processing, as it involves extracting meaningful information from video data through computational techniques. Technologies utilized in video analytics encompass various image-processing techniques such as OpenCV and TensorFlow.
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