The event also highlighted Milestone Systems’ continued growth and innovation in the global video management software and Video Surveillance as a Service (VSaaS) market, projected to reach USD 4.5 billion by 2028, according to market research company Omdia. Advancements in AI, VSaaS, video analytics, and data-driven video technologies fuel this growth.
Beernink concluded, “We’re at the dawn of a new era where video technology will monitor, predict, and influence outcomes.” The Milestone XPerience Days 2024 provided a glimpse into this industry’s future: AI-driven ethics and integrated technologies will enable superior customer experiences in security and across smart cities, healthcare, and more.