Security

Investors Continue Backing of AI Video Surveillance for Safety & Security in 2024

Last week, AI video analytics safety solution provider Intenseye Inc. closed a $64 million in a Series B investment. On the same day, February 27th, another AI video provider, Rhombus, secured over $43 million via funding and financing. The two deals shine a light on an AI segment that is standing out within a steadily growing security market. “The video surveillance market has seen a major surge in the adoption of AI-enabled cameras capable of edge processing over the past 2-3 years,” according to our latest video surveillance research, which forecasts the percentage of network security cameras shipped with built-in AI capabilities to rise steadily from around 18% in 2022 to over 50% by 2028. Intenseye: Funding for Workplace Safety AI Video Istanbul-born and New York-based Intenseye provides its customers with greater visibility into unseen hazards, ergonomic risk factors, and leading indicator data that precede dangerous situations in the workplace using AI-enabled computer vision. Intenseye […]

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Security

Video Surveillance Market 2025: Ongoing Shift towards Software Drives Growth

The video surveillance industry is undergoing its most significant transformation since the shift from analog to digital. What was once primarily a reactive security tool, cameras recording footage for post-incident review, is evolving into a proactive intelligence infrastructure. The traditional model of video surveillance centered on cameras, on-premise storage and software. That era is coming […]

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