Press release
Video Management System Global Market Outlook 2025: Market Size, CAGR, Key Drivers and Notable Trends
Video Management System Global Market Outlook
Rising Surveillance Needs Propel the Projected $15.25 billion Video Management System Market in 2025 at a CAGR of 20.1%
What Is The Projected Market Size Of The Global Video Management System Market And Its Growth Rate?
The Video Management System market has experienced substantial growth in recent years. The crucial statistics are:
•Market Size in 2024: $12.7 billion
•Future Market Size in 2025: $15.25 billion
•Projected CAGR: 20.1%
This growth in the historic period can be credited to the expanding need for surveillance and security, growth in retail and business intelligence, escalating government and public safety concerns, increasing utilization in transportation and infrastructures, and the surge in corporate and industrial applications.
What Is Driving The Growth In The Video Management System Market?
The growing need for security surveillance is stimulating the expansion of the video management system market. Surveillance is involved in monitoring behavior and activities for efficient data gathering, influencing, managing, and securing. Video Management Systems are employed to manage data streamed from various security devices like security cameras. It allows users access to real-time videos, record, store, and playback videos, and extract valuable insights from surveillance sites. For instance, an article published by EarthWeb in August 2022 reported that the United States has 15.28 surveillance cameras per 100 individuals, while China has 14.36 cameras per hundred. Hence, increased security surveillance is driving the growth of the video management system market.
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Who Are the Key Players Driving Video Management System Market Growth?
The market's significant players include:
•Robert Bosch GmbH
•Schneider Electric SE
•Honeywell International Inc.
•Johnson Controls International plc
•VST Inc.
•Hangzhou Hikvision Digital Technology Co Ltd.
•NetApp Inc.
•Dahua Technology USA Inc.
•Milestone Systems Pvt Ltd.
•Zhejiang Dahua Technology Co Ltd.
•Axis Communications AB
•Avigilon Corporation
•Verint Systems Inc.
•IDIS Holdings Co Ltd.
•BEX Global Solutions plc
•Genetec Inc.
•Aimetis Corporation
•SeeTec AG
•Eagle Eye Networks Inc.
•March Networks Corporation
•BCDVideo International Company
•Vigil Surveillance Ltd.
•Mobotix AG
•Digital Watchdog Inc.
•Openeye Scientific Software Inc.
•Axxonsoft India Private Limited
•Proximex Corp
•Exacq Technologies Inc.
•Hanwha Techwin Co Ltd.
•Zenitel UK Ltd.
What Are The Key Trends In The Video Management System Market?
Key trends in the Video Management System market include:
•Compliance with Privacy Regulations
•User-friendly Interface and Intuitive Design
•Integration with Access Control Systems
•Deployment of 4k and High-resolution Cameras
What Are The Segments Of The Global Video Management System Market?
The Video Management System market is segmented by:
1) Component: Solution, Services
2) Technology: Analog-Based VMS, IP-Based VMS
3) Organization Size: Large Enterprises, Small And Medium Enterprises (SMEs)
4) Deployment Type: On- Premises, Cloud
5) Application: Mobile Application, Intelligent Streaming, Security And Surveillance, Storage Management, Data Integration, Case Management, Navigation Management, Other Applications
Which Region Leads The Video Management System Market?
Asia-Pacific was the most significant region in the video management system market in 2024 and anticipates being the rapidly-developing region in the projected period. The regions involved in the video management system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Video Management System Global Market Report?
- Market Size Analysis: Analyze the Video Management System Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Video Management System Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the market.
- Market Contribution: Evaluate contributions of different segments to the overall Video Management System Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Video Management System Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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