Global Video Management Software Market By Geography; Type Of Solution (Video Intelligence, Case Management, Advanced Video Management, Data Integration, Custom Application Management, Intelligent Streaming, Mobile Application, Navigation Management, Storage Management, Security Management); Technology (Analog-Based, IP-Based); Service; Deployment; Vertical - Industry Trends and Forecast to 2024
Market Analysis: Global Video Management Software (VMS) Market
The Global Video Management Software (VMS) Market accounted for USD 4.01 billion in 2016 growing at a CAGR of 24.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Market Definition: Global Video Management Software (VMS) Market
Video Management Software (VMS) is a crucial part of the surveillance system. VMS software allows managing recording settings, view multiple camera feeds, and set alerts for tampering and motion detection. The adoption of video surveillance software market in coming years has increased due to increasing large scale security. It is widely applicable in banking, financial services, and insurance, government, healthcare and life sciences, manufacturing and automotive, retail, transportation and logistics, media and entertainment, and others. Increasing security concerns may act as driver in the growth of video management software market. On the other side lack of cooperation among security solutions may hamper the market.
Major Market Drivers & Restraints:
- Ease of deployment and increased use of IP video
- Deeper, better, and more useful integrations with other digital business systems
- Increasing security concerns globally
- Increasing penetration of video surveillance in a wide range of applications
- Lack of cooperation among security solutions
Market Segmentation: Global Video Management Software (VMS) Market
The global video management software (VMS) market is segmented on the basis of type of solution into video intelligence, case management, advanced video management, data integration, custom application management, intelligent streaming, mobile application, navigation management, storage management, and security management.
On the basis of technology, the global video management software (VMS) market is segmented into analog-based VMS, IP-based VMS.
On the basis of service, the global video management software (VMS) market is segmented into professional services, and managed services.
On the basis of deployment model, global video management software (VMS) market is segmented into cloud, and on-premises.
On the basis of vertical, the global video management software (VMS) market is segmented into banking, financial services, and insurance, government, healthcare and life sciences, manufacturing and automotive, retail, transportation and logistics, media and entertainment, telecom and it, energy and utilities, tourism and hospitality, education, real estate, and others.
On the basis of geography, the global video management software (VMS) market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Company Share Analysis: Global Video Management Software (VMS) Market
The report for video management software (VMS) market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
Major Market Competitors: Global Video Management Software (VMS) Market
Some of the major players of the global video management software (VMS) market are AxxonSoft, Milestone systems A/S, On-Net Surveillance Systems, Aimetis Corp., Tyco Security Products, 3VR Inc., Verint Systems Inc, Genetec Inc, Salient Systems, March Networks, Schneider Electric, Bosch Sicherheitssysteme GmbH, Honeywell International Inc., Hanwha Techwin CO., LTD, Surveon Technology Inc., and others.
Research Methodology: Global Video Management Software (VMS) Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst call or can drop down your inquiry.
Some of the key research methodologies used by DBMR Research team is Vendor Positioning Grid, Technology Life Line Curve, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Multivariate Modeling, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about of research skills drop an inquiry to speak to our industry experts.