Video cameras have become ubiquitous fixtures in our surroundings, whether it’s in our doorbells, in elevators, airports, sports arenas or city streets. The smarter these video cameras become, the more they’re capable of, from improving home security and enhancing public safety to optimizing traffic flow. It’s become evident that the demand for such camera vision systems, which increasingly interpret visual data, is growing. According to ABI Research, shipments are projected to reach close to 200 million by 2027, generating $35 billion in sales.
As smarter camera systems become more prevalent, there arises a need for greater automation. This includes the ability to monitor video streams in real-time and generate insights more quickly, while simultaneously enabling more efficient and cost-effective streaming and storage. This is where artificial intelligence (AI) enters the equation.
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