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Video Management Software (VMS) Market Size Worth $28.92 Billion at CAGR of 20.5%, By 2027: Reports and Data

09-01-2021 02:58 PM CET | IT, New Media & Software

Press release from: Reports and Data

Video Management Software (VMS) Market

Video Management Software (VMS) Market

Mounting concerns over security issues and the need for real-time video processing and surveillance are anticipated to create an increased demand for video management software, thereby propelling the market growth.

Market Size – USD 4.82 billion in 2019, Market Growth - CAGR of 20.5%, Market Trends – Escalating demand for video surveillance and increasing awareness of IoT.

The Video Management Software (VMS) Market is anticipated to garner a valuation of USD 28.92 billion by 2027 from its valuation of USD 4.82 billion in 2019, registering a significant CAGR of 20.5% throughout the forecast period. The rising need for enhanced security and the rapid adoption of the CCTV cameras and IP network cameras in the surveillance and security sector is creating an added demand for the video management software, in turn bolstering the growth of the market.

Video management software is an intrinsic segment of the surveillance and security systems, and it is responsible for locating and attaching to all the IP cameras on the network and provides a reliable and secure connection to the cameras. A VMS is typically a software component of the network video recorder (NVR) and digital video recorder. VMS provides additional features such as motion detection, distributed processing, audio, license plate detection, and point of sale integration, among others. A VMS may also provide alerts to the security personnel.

The ability of the video management software to cohesively work with various digital systems, increasing use of mobile applications for real-time access to the videos, and advancements in the technological sector, is further fueling the growth of the video management software market. However, the rising concerns surrounding the privacy and storage of videos and recordings are potential factors hampering the growth of the market.

Some of the key players of the Video Management Software market are 3VR Inc., Genetec Inc., Milestone Systems Inc., Exacq Technologies, Aimetis Corporation, Mindtree Ltd, Geo Vision Inc., Surveon Technology Inc., Imotion Security Inc., Video Insights Inc., Panasonic Corporation, Qognify Inc., and Salient Systems Corporation, among others.

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Further Key Findings from the Report Suggests:

• The Video Management Software (VMS) Market is anticipated to garner a valuation of USD 28.92 billion by 2027 from its valuation of USD 4.82 billion in 2019, registering a significant CAGR of 20.5% throughout the forecast period.
• The rising need for enhanced security and the rapid adoption of the CCTV cameras and IP network cameras in the surveillance and security sector is creating an added demand for the video management software, in turn bolstering the growth of the market.
• Video management software is an intrinsic segment of the surveillance and security systems, and it is responsible for locating and attaching to all the IP cameras on the network and provides a reliable and secure connection to the cameras.
• Video management software is a vital component of the security camera system that records and stores videos, collected through cameras and other sources, to a storage device, and essentially provides an interface to access the live video and recorded videos.
• A VMS is typically a software component of the network video recorder (NVR) and digital video recorder. VMS provides additional features such as motion detection, distributed processing, audio, license plate detection, and point of sale integration, among others.
• A VMS system generally incorporates electronic equipment like Closed Circuit Television (CCTV) and Internet Protocol (IP). Video management software can also be integrated with several third-party solutions to provide a comprehensive view of the facilities and is hugely beneficial to law enforcement.
• The ability of the video management software to cohesively work with various digital systems, increasing use of mobile applications for real-time access to the videos, and advancements in the technological sector, is further fueling the growth of the video management software market.

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/video-management-software-vms-market

For the purpose of this study, Reports and Data has segmented the Video Management Software (VMS) Market on the basis of solutions, deployment model, end-user applications, technology, and region:

By Solutions (Revenue, USD Million; 2017–2027)

Advanced Video Management
Video Intelligence
Case Management
Data Integration
Custom Application Management
Intelligent Streaming
Storage Management
Mobile Application
Security Management
Others

By Deployment (Revenue, USD Million; 2017–2027)

Cloud
On-premise

By Services (Revenue, USD Million; 2017–2027)

Professional
Managed

By Technology (Revenue, USD Million; 2017–2027)

Analog-based VMS
IP-based VMS
Hybrid VMS

By End-User (Revenue, USD Million; 2017–2027)

BFSI
Government
Transportation and Logistics
Media and Entertainment
Healthcare and Life Sciences
Manufacturing and Automotive
Retail
Telecom and IT
Energy and Utilities
Tourism and Hospitality
Education
Real Estate
Others

By Region (Revenue, USD Million; 2017–2027)

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

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Table of Content:
Highlights of the TOC:
Chapter 1. Market Synopsis
    1.1. Market Definition
    1.2. Research Scope & Premise
    1.3. Methodology
    1.4. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Video Management Software (VMS) Market Segmentation & Impact Analysis
    4.1. Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
          4.2.3. Market restraints analysis
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. ETOP Analysis
    4.6. Porter’s Five Forces Analysis
    4.7. Competitive Metric Space Analysis
    4.8. Price trend Analysis
    4.9. Customer Mapping
Chapter 5. Competitive Landscape
    5.1. Market Revenue Share By Manufacturers
    5.2. Manufacturing Cost Breakdown Analysis
    5.3. Mergers & Acquisitions
    5.4. Market positioning
    5.5. Strategy Benchmarking
    5.6. Vendor Landscape

Continue……

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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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