Core Insights - The global AI Video Analytics Market is projected to grow from USD 8.30 billion in 2025 to USD 64.48 billion by 2035, with a CAGR of 22.85% from 2026 to 2035 [1][2] Market Drivers - The demand for automated monitoring, real-time danger detection, and intelligent surveillance in public and private sectors is driving market growth [2] - The integration of AI, IoT, and cloud platforms in smart cities, transportation, retail, and industrial applications enhances operational efficiency and decision-making [2] Regional Insights - North America held the largest market share at approximately 38% in 2025, attributed to advanced digital infrastructure and significant investments in smart surveillance [11] - Asia Pacific is expected to experience the fastest growth rate of about 24.20% from 2026 to 2035, driven by investments in smart city projects and AI-driven traffic management systems [12] Market Segmentation By Application - Security and Surveillance accounted for a 35% market share in 2025, driven by high demand for real-time monitoring and threat detection [5] - The Traffic and Transportation Management segment is anticipated to grow at the fastest CAGR from 2026 to 2035 [5] By Analytics Type - Video Content Analytics dominated with a 31% share in 2025, due to its capability to extract actionable insights from video data [6] - Crowd and Behavior Detection is expected to grow at the fastest CAGR from 2026 to 2035 [6] By End-User - Government & Public Safety held a 29% share in 2025, as agencies utilize AI for crime prevention and emergency response [8] - The Retail & E-commerce segment is projected to grow at the fastest CAGR from 2026 to 2035 [8] By Component - Software led with a 51% share in 2025, driven by demand for advanced analytics platforms and real-time video processing [9] - The Services segment is expected to grow at the fastest CAGR from 2026 to 2035 [9] By Deployment Mode - Cloud solutions dominated with a 59% share in 2025, providing scalable and cost-effective infrastructure for video analytics [10] - This segment is also expected to grow at the fastest CAGR from 2026 to 2035 [10] Key Players - Major companies in the AI video analytics market include IBM, Honeywell, Cisco, Axis Communications, and Hikvision among others [14] Recent Developments - Cisco launched an AI-powered Webex Contact Center to enhance video quality and analytics [15] - Genetec introduced AI-driven features in its Security Center SaaS for faster video evidence analysis [15]

Core Insights - YY Group and Graymatics have formed a strategic partnership to distribute AI-powered video analytics solutions in Singapore, aiming to enhance market adoption and deliver value to enterprise clients [1][2][3] Company Overview - YY Group Holding Limited is a technology-enabled platform based in Singapore, providing flexible workforce solutions and integrated facility management services across Asia and beyond, focusing on sectors like hospitality, logistics, retail, and healthcare [5][6] - Graymatics-SG Pte Ltd is a video analytics company founded in Silicon Valley, offering a cognitive multimedia analytics platform that transforms CCTV footage into actionable insights, serving various sectors including smart cities and retail [7] Partnership Details - Under the agreement, YY Group will leverage its established presence in hospitality, retail, and facilities management to distribute Graymatics' cloud-based video analytics platform, enabling enterprises to convert surveillance infrastructure into actionable business intelligence [2][3] - The collaboration aims to meet the increasing demand for intelligent analytics in Singapore's commercial sectors, extending beyond traditional security applications to optimize operations and support data-driven decision-making [3][4] Market Impact - The partnership is expected to enhance operational capabilities for businesses in Singapore, positioning YY Group as a leading provider of smart enterprise solutions in the region [4] - The collaboration will accelerate Graymatics' market penetration in Singapore, allowing both companies to better serve their customers [4]

Market Overview - The Video Analytics Market is projected to grow from USD 8.3 billion in 2023 to USD 22.6 billion by 2028, reflecting a Compound Annual Growth Rate (CAGR) of 22.3% during the forecast period [1]. Market Dynamics Drivers - Applications such as perimeter intrusion and boundary control are significant drivers for the video analytics market, particularly in the critical infrastructure sector, where continuous security is paramount [3]. - Increasing investments and focus from governing institutions on public safety, along with the need to analyze unstructured video surveillance data in real time, are also contributing to market growth [5]. Restraints - The performance limitations of edge-based video analytics systems, despite advancements in chipsets, may pose challenges to widespread adoption [4]. Opportunities - The emergence of edge technologies and devices, along with the integration of deep learning, is expected to enhance the capabilities of video analytics and drive further adoption [5][6]. Deployment Models - The cloud segment is anticipated to grow at a higher CAGR during the forecast period, driven by the benefits of lower costs, reduced operational expenditure, and enhanced flexibility and scalability [7]. Market Segmentation By Vertical - The government and defense sector is expected to hold the largest market share in 2023, focusing on city surveillance and border security initiatives [8]. Recent Trends - Recent terror attacks in Europe and the US have underscored the necessity for effective video analytics solutions in city surveillance, which are crucial for ensuring operational efficiencies and public safety [9].