The global AI in video surveillance market is expected to be valued at USD 5.6 billion in 2023 and is projected to reach USD 16.3 billion by 2028, growing at a CAGR of 23.7%. The advent of cloud computing has significantly impacted the AI capabilities in video surveillance, allowing for centralized management, remote access, and the integration of AI-powered analytics across multiple cameras and locations. The market is driven by advancements in deep learning and computer vision, as well as the growth in smart city initiatives. Wireless AI cameras are expected to hold the highest CAGR during the forecast period.
