The Video Management Software (VMS) market pertains to software solutions that manage video surveillance systems. It's essential for monitoring, controlling cameras, and analyzing footage across various sectors. VMS offers real-time monitoring, playback, remote access, and analytics integration. The market is driven by security needs, IP camera adoption, AI advancements, and remote accessibility. It caters to small to large installations and features both proprietary and open-source options. Industries like retail, transportation, and banking are major users, ensuring continuous innovation in analytics and security features.

 

The report “Video Management Software Market, By Solution (Mobile Application, Intelligent Streaming, Security, Storage management, Video intelligence, Data Integration, and Others), By Service (Professional Service and Managed Service), By Industry Verticals (Banking, Financial Services, & Insurance (BFSI), Transportation, Healthcare, Retail, IT & Telecom, Hospitality, Military & Defense, Public Sectors, Media & Entertainment, and Others), By Deployment Mode (Cloud Based and On-premises), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”

 

 Key Highlights:

 

  • In April 2022, Qognify launched new Video Management Software (VMS) “Qognify VMS”, which is designed to meet physical security needs of organizations in world. Newly launched software is based on its successful VMS software “Cayuga” and offers possibility to store video data in cloud which enable customers to benefit from advanced resiliency of cloud technology.
  • In July 2021, Edge 360 launched new “Surveill VMS”, the fully containerized Video Management Software running on micro services. Newly launched “Surveill VMS” is featured with containerized platform, active-active clustering, built-in fail over and redundancy and others.

 

Analyst View:

 

The Video Management Software (VMS) market is a dynamic sector focused on software solutions that oversee video surveillance systems. The market's growth is propelled by escalating security demands, widespread adoption of IP cameras, advancements in AI-driven analytics, and the increasing need for remote system management. VMS provides crucial functionalities such as real-time monitoring, playback, and seamless integration with analytics tools. This competitive market accommodates a range of offerings, including proprietary and open-source solutions, catering to diverse industry needs. Ongoing innovation in analytics and security features ensures sustained market evolution.

 

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Key Market Insights from the report:

 

Video Management Software Market accounted for US$ 10.9 billion in 2022 and is estimated to be US$ 107.6 billion by 2032 and is anticipated to register a CAGR of 24.2%. The Video Management Software Market is segmented based on Solution, Service, Industry Verticals, Deployment Mode and Region.

 

  • Based on Solution, Video Management Software Marketis segmented into Mobile Application, Intelligent Streaming, Security, Storage management, Video intelligence, Data Integration, and Others.
  • Based on Service, Video Management Software Marketis segmented into Professional Service and Managed Service.
  • Based on Industry Verticals, Video Management Software Marketis segmented into Banking, Financial Services, & Insurance (BFSI), Transportation, Healthcare, Retail, IT & Telecom, Hospitality, Military & Defense, Public Sectors, Media & Entertainment, and Others.
  • Based on Deployment Mode, Video Management Software Marketis segmented into Cloud Based and On-premises.
  • By Region, the Video Management Software Marketis segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

 

Competitive Landscape & their strategies of Video Management Software Market:

 

The prominent players operating in the Video Management Software Market includes, Cisco Systems, Inc., Milestone System A/S, Schneider Electric Industries SAS, Verint System, Honeywell International, Inc., Bosch Security System, Aimetis Corporation, O-Net Surveillance Systems Inc., 3VR Inc., Verint Systems, Inc., and others.

 

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

 

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