Video Management Software (VMS) Market 2018 Global Size, Historical Analysis, Recent Trends, Opportunity Assessment, Future Scope and Potential of Industry by 2023

“Video Management Software (VMS) Market”
Video Management Software Market, By Solution (Advanced Video Management, Video Intelligence, Mobile Application), By Deployment Type (On-Site, Cloud Based, Application Based), By Vertical (IT and Telecom, Manufacturing, BFSI, Healthcare, Retail, Banking) – Forecast 2023

Video Management Software Market Overview:

Video Management Software is a type of software used for assessing behaviour monitoring, real-time information for security purposes. The software is a component of the video management systems which comprised security camera systems that records and store videos captured from cameras and stored on devices.  The market is increasing rapidly owing to increasing need of organisation seek to protect their physical and capital assets. Additionally, Video management software are used in many commercial applications which facilitate as security and surveillance purposes.

For instances, with the help of Video Management Software Market, the traffic transportation management sector is able to identify incidents on the road in real-time. moreover, the rising need of cloud-based systems for video recording, increasing use of video surveillance, growth of video analytics and increasing awareness of IoT application are considered to be some of the driving factors of the video management software market. The constraints associated with the video management software include lack of control over security and privacy by which hackers can easily take over the device and can gather the information for immoral purpose.

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Major Key Players:

Some of the prominent players in the Video Management Software market are 3 V R Inc (US), Milestone systems Inc (US), Genetec Inc (US), Exacq Technologies (US), Video insights Inc (US), Imotion Security Inc (Canada), Geo Vision Inc (Taiwan), Aimetis Corporation (Canada), Surveon Technology Inc (Taiwan), Mindtree Ltd (India), among others are profiled in Market Research Future analysis and are at the forefront of competition in the Video Management Software market.

Industry News:

July 2018, VIVOTEK and Genetec collaborated to provide Video Surveillance Solution to the famous Brazil’s Gran Marquise Hotel.

Gran Marquise Hotel one of the Fortaleza’s largest hotels has reinvented itself and switched from Analog Technology to IP surveillance. The collaboration is expected that 250 VIVOTEK Network cameras will be installed, integrated and linked with all the hotel devices under Genetec’s Cloud based Video Surveillance as a service solution

July 2016, Panasonic launched Video Management Software for various enterprises.

Panasonic has launched Video Management Software with single- management interface which includes enhanced enterprise level surveillance features like video wall, health monitor, automated failover, access control integration and software development kit (SDK) for various enterprise.

March 2016, VIVOTEK and Cathexis entered into partnership.

VIVOTEK and cathexis, a south African based leading electronic and software systems collaborated to create surveillance solutions to fulfill the diversified needs of users. VIVOTEK, a global IP surveillance provider has launched its Solution Integration Alliance (SIA) program to effectively cooperate with global partners.

Video Management Software Market Segmentation:

  • Segmentation by Solution: Mobile Application, Intelligent Streaming, Video intelligence, Data integration, Security
  • Segmentation by Deployment Type: On Cloud and On Premise.
  • Segmentation by Service: Professional Service and Managed Service.
  • Segmentation by Vertical: IT and telecommunication, BFSI, Manufacturing, Healthcare, Retail and Banking.
  • Segmentation by Region: North America, Europe, Asia Pacific and Rest of the world.

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Video Management Software Market Regional Analysis:

Geographically, the Video Management Software Market is categorized as North America, Europe, Asia-Pacific and Rest of the World. North-America is the fastest growing region due to increasing adoption of high end security, networks and growing video surveillance systems.

The US and Canada are expected to be major contributing region owing to early adopters of the technology to provide sophisticated security solution for public places. Asia-Pacific region, the market for video management software is witnessing high growth due to the growing focus on intelligent transportation systems and smart city projects especially in emerging countries such as India and China.

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