Global Video Management Software Market: In-Depth Analysis and Forecasts for 2024-2030
MarkNtel Advisors, a leading market research firm, has showed its latest study titled "Video Management Software Market", offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Video Management Software Market: 2024-2030
The Global Video Management Software Market size is valued at USD 11.25 billion in 2023 & is estimated to grow at a CAGR of around 13.46% during the forecast period, i.e., 2024-30. The demand for video management software is increasing due to the increasing number of thefts and the rising automation of industrial units.
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What are the primary factors driving the growth of the Video Management Software Market?
Rising Need for Robust Surveillance & Security Systems Within the Logistics Sector– In recent years, the trading activities between the nations have increased due to the surge in the trade agreements among the countries. According to the UNCTAD, in 2022, approximately USD32 trillion was traded within the nations. Therefore, to facilitate trade and effectively store the products, the government & private entities are setting up warehouses and logistics centers in their countries. The commodities stored in these centers are worth millions. As a result, it is becoming essential for companies to install security scanners & devices to safeguard these expensive products. As per the data by Pro-Vigil, a leading Video Surveillance Solution Provider, these units use around 16 to 64 security cameras, depending upon the size of the warehouse. Additionally, these solutions also help in monitoring the assets remotely, which provides flexibility to the consumers. Hence, the end-users opt for these systems, uplifting the Global Video Management Software market.
Furthermore, the top companies have now started offering a diverse range of surveillance devices, including high-resolution 8-megapixel CCTV cameras, and IP-powered cams. These advanced ranges of cameras also provide night vision capabilities, empowering security agencies with enhanced monitoring capabilities. Hence, more organizations would continue to install these security systems in the forecast years, contributing to the growth of the video management software industry during 2024-2030.
Video Management Software Market Segmentation:
The Video Management Software market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Component
- Solutions- Market Size & Forecast 2019-2030, USD Million
- Video Intelligence- Market Size & Forecast 2019-2030, USD Million
- Advanced Video Management- Market Size & Forecast 2019-2030, USD Million
- Data Integration- Market Size & Forecast 2019-2030, USD Million
- Navigation Management- Market Size & Forecast 2019-2030, USD Million
- Storage Management- Market Size & Forecast 2019-2030, USD Million
- Others- Market Size & Forecast 2019-2030, USD Million
- Services- Market Size & Forecast 2019-2030, USD Million
- Professional Services- Market Size & Forecast 2019-2030, USD Million
- Managed Services- Market Size & Forecast 2019-2030, USD Million
By Technology
- Analog-based VMS- Market Size & Forecast 2019-2030, USD Million
- IP-based VMS- Market Size & Forecast 2019-2030, USD Million
By Deployment
- On-premises- Market Size & Forecast 2019-2030, USD Million
- Cloud-based- Market Size & Forecast 2019-2030, USD Million
By End Users
- BFSI- Market Size & Forecast 2019-2030, USD Million
- Healthcare and Life Sciences- Market Size & Forecast 2019-2030, USD Million
- Government- Market Size & Forecast 2019-2030, USD Million
- Manufacturing & Automotive- Market Size & Forecast 2019-2030, USD Million
- Transportation & Logistics- Market Size & Forecast 2019-2030, USD Million
- Media & Entertainment- Market Size & Forecast 2019-2030, USD Million
- Others- Market Size & Forecast 2019-2030, USD Million
Geographical Analysis into the Video Management Software Market:
The Video Management Software market is categorized based regional:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Competitive Landscape and Video Management Software Market Share Analysis:
The competitive landscape of the Video Management Software Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
- AxxonSoft Inc.
- Canon Inc.
- EInfochips Inc.
- Genetec Inc.
- Hanwha Vision Co. Ltd.
- Johnson Controls International PLC
- March Networks
- Panasonic Holdings Corporation
- Robert Bosch GmbH
- Salient Systems Corporation
- Verint Systems Inc.
- Honeywell International
- Schneider Electric
- Axis Communications
- Hikvision Digital
- Other
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Questions Addressed in this Study
- What factors are driving the Video Management Software Market growth?
- How is the Video Management Software Market expected to grow over the next five years?
- What are the key insights into the current trends in the Video Management Software Market?
- What is the current size of the Video Management Software Market, and how is it projected to change in the future?
- What is the future outlook for the Video Management Software Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.
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