Speed estimation is the process of calculating the rate of movement of an object within a given context, often employed in computer vision applications. Using [Ultralytics YOLOv8](https://github.com/ultralytics/ultralytics/) you can now calculate the speed of object using [object tracking](https://docs.ultralytics.com/modes/track/) alongside distance and time data, crucial for tasks like traffic and surveillance. The accuracy of speed estimation directly influences the efficiency and reliability of various applications, making it a key component in the advancement of intelligent systems and real-time decision-making processes.