MarkNtel Advisors recently published a detailed industry analysis of the Global Video Management Software Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Global Video Management Software Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The 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.

Key Findings in Global Video Management Software Market:

  • Historical Analysis: 2019–2022
  • Base Year: 2023
  • Forecast Period: 2024–2030

Leading Market Players- 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

Key Highlights of the Report

  • Market Dimensions & Projections
  • Pricing Evaluation,
  • Recent Strategic Moves by Companies,
  • Primary Stakeholders,
  • Analysis of Import and Export Trends,
  • Competitive Landscape Assessment,
  • Emerging Opportunities,
  • Market Trends and Indicators

What are the major Driver the Global 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.

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What segments define the Global Video Management Software Market from 2024 to 2030? How do these segments contribute to market dynamics and growth?

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

According to report, Among them, IP-based VMS holds a dominant market share in the Global Video Management Software Market

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

According to report, Among them, BFSI holds a notable market share in the Global Video Management Software Market.

Explore the Complete Global Video Management Software Market Analysis Report – https://www.marknteladvisors.com/research-library/video-management-software-market.html

Geographical Analysis: Global Video Management Software Market

 By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Global Video Management Software Market Recent Development:

  • 2024 Years: AxxonSoft Inc.: Launched a new video management system with unique attributes and technologies to improve the efficiency and usability of security systems.
  • 2023 Years: Canon Inc.: Launched software that helps in improving video visibility using AI and helps in night monitoring and advanced surveillance.

Key Questions Addressed in This Study

  • What are the primary factors driving the growth of the Global Video Management Software Market?
  • How is the Global Video Management Software Market expected to evolve over the next five years?
  • What key insights can be drawn from current trends shaping the market?
  • What is the current market size, and how is it forecasted to change in the coming years?
  • What is the future outlook for the market in terms of technological innovation and geographic expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, 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 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 15 diverse industrial verticals.

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