Press release
Global and U.S. AI Video Management Software Market Report, Published by QY Research.
Core Market Data
Global market size: USD 11.9 billion
CAGR (2024-2030): 18.1%
Average price: USD 11,000 per access point
List of Main Players
Hanwha Vision (KRX: 012450, South Korea)
Hikvision (SZSE: 002415, China)
Johnson Controls (NYSE: JCI, USA)
Honeywell (NASDAQ: HON, USA)
NEC Corporation (TSE: 6701, Japan)
Verint Systems (NASDAQ: VRNT, USA)
IBM (NYSE: IBM, USA)
Amazon (NASDAQ: AMZN, USA)
Microsoft (NASDAQ: MSFT, USA)
Milestone Systems (Private, Denmark)
Genetec (Private, Canada)
Eagle Eye Networks (Private, USA)
Avigilon (Private, Canada)
Verkada (Private, USA)
Axis Communications (Private, Sweden)
Bosch Security Systems (Private, Germany)
Qognify (Private, USA)
March Networks (Private, Canada)
OpenEye (Private, USA)
Pelco (Private, USA)
BriefCam (Private, Israel)
Agent Vi (Private, Israel)
Cognitec Systems (Private, Germany)
Solink (Private, Canada)
Spot AI (Private, USA)
Rhombus Systems (Private, USA)
Lumana (Private, USA)
Scylla AI (Private, USA)
Viisights (Private, Israel)
1. By Deployment
Cloud‐based VMS
On‐Premises VMS
Hybrid (Cloud + On‐Premises)
2. by Analytics Capability
Object Detection
Facial Recognition
License Plate Recognition (LPR/ANPR)
Behavior / Suspicious Activity Detection
People Counting & Heatmaps
3. By Component
Hardware
Software
Services
4. By Application
Smart City Surveillance
Traffic & Transportation Monitoring
Industrial & Critical Infrastructure
Residential / Smart Home Security
Others
Case Study for Bidding
Time: Q2 2024
Supplier: Honeywell Building Solutions
Buyer: International Airport Authority (Asia-Pacific)
Product: Biometric & Card-Based Access Control System (Controllers, Readers, Management Software)
Quantity: 3,200 access points
Contract Value: USD 18.5 million
Delivery Timeline: 12 months
Case Study for End Using
End User: Large Tertiary Hospital
Application: Secure access management for operating rooms, pharmacies, data centers, and staff-only areas using biometric and card-based access control integrated with real-time monitoring and audit trails.
Installation Location / Usage Stage
Installation Location: Main building entrances, restricted internal zones (labs, server rooms, pharmacies), emergency exits, and perimeter access points
Usage Stage: Pre-installation planning → System installation & integration → Commissioning & testing → Daily operation & monitoring → Maintenance & system upgrades
Purpose
Prevent unauthorized access to restricted areas
Protect people, assets, and sensitive information
Ensure regulatory compliance and traceable access records
Effect
Reduced security breaches and unauthorized entry incidents
Improved operational efficiency through automated access management
Enhanced auditability, accountability, and overall security awareness
Alternative Technologies
Mechanical Lock & Key Systems - traditional, low-cost access control without digital tracking
Security Guard-Based Access Management - manual identity verification and entry control
Video Surveillance with Manual Monitoring - cameras used to observe and verify access instead of automated authorization
Therefore, AI Video Management Software remain a highly efficient tool for enhancing real-time situational awareness, automating threat detection, reducing human monitoring workload, and enabling faster, data-driven security responses across complex facilities and large-scale environments.
About QY Research
QY Research has established close partnerships with over 71,000 global leading players. With more than 20,000 industry experts worldwide, we maintain a strong global network to efficiently gather insights and raw data.
Our 36-step verification system ensures the reliability and quality of our data. With over 2 million reports, we have become the world's largest market report vendor. Our global database spans more than 2,000 sources and covers data from most countries, including import and export details.
We have partners in over 160 countries, providing comprehensive coverage of both sales and research networks. A 90% client return rate and long-term cooperation with key partners demonstrate the high level of service and quality QY Research delivers.
More than 30 IPOs and over 5,000 global media outlets and major corporations have used our data, solidifying QY Research as a global leader in data supply. We are committed to delivering services that exceed both client and societal expectations.
For Inquiries:
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Email: global@qyresearch.com
www.qyresearch.com
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