Press release
Video Management Software (VMS) Market Expansion, Future Growth Rate, Industry Insights, Top Trends And Forecast To 2033
Video Management Software (VMS) Market Share
According to The Business Research Company's, The video management software (VMS) market size has grown exponentially in recent years. It will grow from $12.44 billion in 2023 to $15.14 billion in 2024 at a compound annual growth rate (CAGR) of 21.7%. The growth in the historic period can be attributed to increasing security concerns, integration with other security systems, government initiatives, scalability and cost-effectiveness, vertical-specific solutions.
The video management software (VMS) market size is expected to see exponential growth in the next few years. It will grow to $32.81 billion in 2028 at a compound annual growth rate (CAGR) of 21.3%. The growth in the forecast period can be attributed to potential growth in the next decade, focus on IP-based solutions, global market expansion strategies, enhanced surveillance capabilities, demand for customized solutions. Major trends in the forecast period include increased adoption of IoT and video analytics, rising security concerns, enhanced surveillance capabilities, demand for customized solutions, innovative product offerings.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/video-management-software-vms-global-market-report
Market Drivers and Trends:
The rising crime rates are expected to propel the growth of the video management software market going forward. Crime rates refer to the frequency or incidence of criminal activities within a specific geographic area or population over a certain period. These crimes arise because of socioeconomic factors, demographic changes, social unrest, and political instability. Video management software is used by law enforcement in crime rate prevention to leverage technology to enhance surveillance, investigation, data analysis, pattern recognition, and response capabilities. For instance, in 2022, according to Brighton Analytics Limited, a UK-based data aggregation company, the crime rate in the UK was 75.88 per 1,000 inhabitants in 2022-2023. The aggregate UK crime rate has increased by 8% since 2021. Therefore, rising crime rates are driving the growth of the video management software market.
Major companies operating in the video management software market are developing innovative advancements, such as the new video management software Qognify VMS, to stay competitive and meet the evolving needs of users in the market. This software-based platform manages and controls video surveillance cameras, recording devices, and other components of a video surveillance system. For instance, in April 2022, Qognify Inc., a US-based software company, launched a new video management software called Qognify VMS. It is designed to help organizations manage their video surveillance systems more effectively. It offers a range of features, including intelligent support for investigation processes, advanced analytics, and integration with other security systems. Additionally, it is based on the proven technology of Qognify's successful video management software, Cayuga, which is suitable for various industries, including retail, transportation, and critical infrastructure, to help organizations improve their security and operational efficiency.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=14527&type=smp
Major Key Players of the Market:
Bosch Security Systems Ltd., Hitachi Ltd., Siemens AG, Schneider Electric, Honeywell International Inc., Johnson Controls International Plc, Hangzhou Hikvision Digital Technology Co. Ltd., Hikvision USA, NetApp Inc., Zhejiang Dahua Technology Co. Ltd., Dahua Technology Inc., Ubiquiti Networks, Axis Communications AB, Mindtree Ltd., Verint Systems Inc., eInfochips Inc., Verkada Inc., Vivotek Inc., Eagle Eye Network Inc., Milestone Systems, Hanwha Techwin Co. Ltd., Digifort Global, Avigilon Corporation, KEDACOM Ltd., Genetec Inc
Video Management Software (VMS) Market 2024 Key Insights:
• The Video Management Software (VMS) Market is expected to grow to $32.81 billion in 2028 at a compound annual growth rate (CAGR) of 21.3%.
• Rising Crime Rates Fueling Demand For Video Management Software Solutions
• Innovative Advancements In Video Management Software
• North America was the largest region in the video management software (VMS) market in 2023. The regions covered in the video management software (VMS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/customise?id=14527&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (https://www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Video Management Software (VMS) Market Expansion, Future Growth Rate, Industry Insights, Top Trends And Forecast To 2033 here
News-ID: 3692366 • Views: …
More Releases from The Business research company
Leading Companies Reinforce Their Presence in the Blanket Market
The blanket market is steadily gaining traction as consumers increasingly seek comfort and style in their home essentials. With evolving preferences and technological advancements, this sector is set to experience consistent growth. Let's explore the current market value, key players, emerging trends, and the main segments fueling this expansion.
Forecasted Blanket Market Size and Growth Trajectory
The blanket market has seen consistent growth over recent years. From a market size…
Global Trends Review: The Rapid Evolution of the Sporting and Athletic Goods Mar …
The sporting and athletic goods market is experiencing steady growth, driven by evolving consumer preferences and technological advancements. As health and wellness continue to gain importance globally, this market is set for notable expansion in the coming years. Let's explore the current market size, key factors fueling its growth, leading companies, major trends, and segmentation details.
Forecast for Sporting and Athletic Goods Market Size Through 2029
The sporting and athletic…
Train Seat Market Overview, Key Growth Factors, and Insights on Top Players
The train seat industry is experiencing notable growth, driven by advancements in technology and increasing demand for improved passenger comfort. As rail travel evolves, so does the need for innovative, efficient, and adaptable seating solutions that cater to modern requirements. Let's explore the current market status, key players, trends, and segments shaping the future of train seating.
Train Seat Market Size and Growth Expectations
The train seat market has seen…
Leading Companies Solidifying Their Presence in the Spunbond Nonwovens Market
The spunbond nonwovens industry has been experiencing notable growth and shows promising prospects for the coming years. This expanding market is being driven by several innovations and increasing demand across diverse sectors, signaling a robust future.
Projected Growth and Market Size of the Spunbond Nonwovens Market
The spunbond nonwovens market has demonstrated solid expansion recently, with its size expected to rise from $15.57 billion in 2024 to $16.59 billion in…
More Releases for VMS
Vending Management System (VMS) Market Comprehensive Trends for 2025
The Vending Management System (VMS) market is rapidly evolving as businesses increasingly recognize the importance of efficient vending solutions. VMS refers to the software and systems designed to optimize vending machine operations, track inventory, and enhance customer engagement. As consumer lifestyles shift towards convenience and automation, the relevance of VMS has surged, making it an integral part of the modern retail landscape.
You can access a sample PDF report here: https://www.statsndata.org/download-sample.php?id=7790
Recent…
ThroughTek to present Kalay Cloud VMS at CES 2025
ThroughTek (TUTK) is heading back to Las Vegas for CES 2025! Visit us from January 7-10 at the Venetian Expo, booth 53865, where we'll be showcasing the latest developments in Kalay AIoT Platform solutions. Discover our advanced Kalay Cloud VMS, Kalay Mobile App, and Kalay Developer Console (KDC). Here's a quick preview of what to expect from our cloud services and AIoT technologies at CES 2025.
【Kalay Cloud VMS: Enhance operational…
SimplifyVMS is Revolutionizing Vendor Management with New-Age VMS
In an era where effective vendor management is critical for maintaining a competitive edge and operational excellence, SimplifyVMS's new software offers a transformative solution. By integrating cutting-edge features and user-friendly design, SimplifyVMS empowers businesses to optimize their vendor relationships, drive performance, and most importantly make vendor management simpler.
Fortune 500 Bank Enhanced Vendor Performance with SimplifyVMS
Key Features of SimplifyVMS:
Intuitive UI/UX: SimplifyVMS boasts an easy-to-use interface that simplifies navigation…
Nemasis – VMS, armed with the Intelligence to Detect Proxylogon
In the wake of a ubiquitous cyber-attack being executed across the world, cybersecurity leader MicroWorld Technologies Inc., has announced their security solution Nemasis – Vulnerability Management System, being armed with intelligence to detect the highly catastrophic ProxyLogon Vulnerability.
The on-premises versions of Microsoft Exchange Servers are being targeted in a pervasive global attack through multiple zero-day vulnerabilities that have recently been discovered. The vulnerability christened as ProxyLogon (CVE-2021-26855) allows the…
Video Management Software (VMS) Market Report 2018: Segmentation by Type of Solu …
Global Video Management Software (VMS) market research report provides company profile for AxxonSoft (Germany), Milestone Systems (Denmark), On-Net Surveillance Systems Inc. (U.S.), Aimetis Corporation (Canada), Exacq Technologies (U.S.), 3VR (U.S.), Verint Systems (U.S.), Genetec (U.S.), Salient Systems (U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume,…
Video Management Software (VMS) Market 2024: Business Development Analysis
Video Management Software (VMS) Market size is anticipated to witness growth owing to factors such as an increase in security concerns and escalating demand for high-quality video processing. Increasing infiltration of video surveillance systems in developing countries is expected to fuel the VMS market growth.
VMS solutions are used as a unified tool for audio, digital video, data playback, and functionalities management. Such software is specifically designed for processing, storing, and…
