Video Management Software Market by Component (Solutions, Services), Technology (Analog-based VMS, IP-based VMS), Deployment Mode (On-premises, Cloud-based), Industry Vertical (BFSI, Government, Healthcare and Life Sciences, Manufacturing and Automotive,

Video Management Software Market by Component (Solutions, Services), Technology (Analog-based VMS, IP-based VMS), Deployment Mode (On-premises, Cloud-based), Industry Vertical (BFSI, Government, Healthcare and Life Sciences, Manufacturing and Automotive, Transportation and Logistics, Media and Entertainment, and Others), and Region 2023-2028


Market Overview:

The global video management software market size reached US$ 7.98 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 24.1 Billion by 2028, exhibiting a growth rate (CAGR) of 20.50% during 2023-2028. The rising security threats and criminal activities across the globe, the widespread adoption of video management software to enable centralized control, and the implementation of favorable government regulations represent some of the key factors driving the market.

Video management software (VMS) refers to a specialized computer program designed to manage and control video surveillance systems effectively. It serves as the central hub for organizing, storing, retrieving, and analyzing video footage captured by surveillance cameras. It is a critical component in modern security and surveillance systems, providing users with a comprehensive set of tools and functionalities to enhance video monitoring and management. Video management software makes a central view of the complete video network possible, which at its heart enables the integration and control of several security cameras spread across various places. It provides a user-friendly interface allowing users to examine recorded video, access live video feeds, and manage camera features, including pan, tilt, and zoom. With the ability to connect and manage numerous cameras simultaneously, VMS empowers security personnel to monitor and respond to incidents in real-time. Effectively storing and organizing video data is one of the main purposes of video management software. In order to reduce the amount of storage space needed for video footage while retaining its quality, it makes use of modern compression algorithms.

Video Management Software Market Trends:
The growing security concerns among the masses majorly drive the global market. With a considerable rise in security threats and criminal activities, organizations across various sectors are focusing on enhancing their security measures. Video surveillance is a critical component of comprehensive security systems, providing real-time monitoring and evidence-gathering capabilities. This is encouraging the widespread adoption of video management software to enable centralized control and monitoring of multiple cameras, enhance situational awareness, and enable prompt response to security incidents. Along with this, various industries, such as banking, healthcare, transportation, and retail, are subject to strict regulatory requirements regarding security and data protection. Video management software helps organizations meet these compliance standards by providing features, such as secure storage, access control, and audit trails, thus acting as another growth-inducing factor. In addition, the rising popularity of cloud computing due to its numerous advantages, such as scalability, accessibility from anywhere, reduced infrastructure costs, and automatic software updates, is positively influencing the market. Apart from this, key players are leveraging artificial intelligence (AI) and machine learning (ML) algorithms to extract meaningful insights from video data is contributing to the market. Furthermore, continual advancements in video compression algorithms, storage capabilities, network bandwidth, and computing power are creating a positive market outlook.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global video management software market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on component, technology, deployment mode, and industry vertical.

Component Insights:

Solutions
Video Intelligence
Advanced Video Management
Data Integration
Navigation Management
Storage Management
Others
Services
Professional Services
Managed Services

The report has provided a detailed breakup and analysis of the video management software market based on the component. This includes solutions (video intelligence, advanced video management, data integration, navigation management, storage management, and others), and services (professional services, and managed services). According to the report, the solutions represented the largest segment.

Technology Insights:

Analog-based VMS
IP-based VMS

A detailed breakup and analysis of the video management software market based on the technology has also been provided in the report. This includes analog-based VMS and IP-based VMS. According to the report, IP-based VMS accounted for the largest market share.

Deployment Mode Insights:

On-premises
Cloud-based

The report has provided a detailed breakup and analysis of the video management software market based on the deployment mode. This includes on-premises and cloud-based. According to the report, the on-premises represented the largest segment.

Industry Vertical Insights:

BFSI
Government
Healthcare and Life Sciences
Manufacturing and Automotive
Transportation and Logistics
Media and Entertainment
Others

A detailed breakup and analysis of the video management software market based on the industry vertical has also been provided in the report. This includes BFSI, government, healthcare and life sciences, manufacturing and automotive, transportation and logistics, media and entertainment, and others. According to the report, government accounted for the largest market share.

Regional Insights:

North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for video management software. Some of the factors driving the North America video management software market included growing security concerns, continual technological advancements, rapid industrialization, etc.

Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global video management software market. The detailed profiles of all major companies have been provided. Some of the companies covered include AxxonSoft Inc., Canon Inc., eInfochips Inc. (Arrow Electronics Inc.), Genetec Inc., Hanwha Vision Co. Ltd., Johnson Controls International PLC, March Networks (Delta Electronics Inc.), Panasonic Holdings Corporation, Robert Bosch GmbH, Salient Systems Corporation, Verint Systems Inc., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report:
How has the global video management software market performed so far, and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global video management software market?
What is the impact of each driver, restraint, and opportunity on the global video management software market?
What are the key regional markets?
Which countries represent the most attractive video management software market?
What is the breakup of the market based on the component?
Which is the most attractive component in the video management software market?
What is the breakup of the market based on the technology?
Which is the most attractive technology in the video management software market?
What is the breakup of the market based on the deployment mode?
Which is the most attractive deployment mode in the video management software market?
What is the breakup of the market based on the industry vertical?
Which is the most attractive industry vertical in the video management software market?
What is the competitive structure of the global video management software market?
Who are the key players/companies in the global video management software market?


1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global Video Management Software Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Component
6.1Solutions
6.1.1 Market Trends
6.1.2 Key Segments
6.1.2.1 Video Intelligence
6.1.2.2 Advanced Video Management
6.1.2.3 Data Integration
6.1.2.4 Navigation Management
6.1.2.5 Storage Management
6.1.2.6 Others
6.1.3 Market Forecast
6.2Services
6.2.1 Market Trends
6.2.2 Key Segments
6.2.2.1 Professional Services
6.2.2.2 Managed Services
6.2.3 Market Forecast
7 Market Breakup by Technology
7.1Analog-based VMS
7.1.1 Market Trends
7.1.2 Market Forecast
7.2IP-based VMS
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Deployment Mode
8.1On-premises
8.1.1 Market Trends
8.1.2 Market Forecast
8.2Cloud-based
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Industry Vertical
9.1BFSI
9.1.1 Market Trends
9.1.2 Market Forecast
9.2Government
9.2.1 Market Trends
9.2.2 Market Forecast
9.3Healthcare and Life Sciences
9.3.1 Market Trends
9.3.2 Market Forecast
9.4Manufacturing and Automotive
9.4.1 Market Trends
9.4.2 Market Forecast
9.5Transportation and Logistics
9.5.1 Market Trends
9.5.2 Market Forecast
9.6Media and Entertainment
9.6.1 Market Trends
9.6.2 Market Forecast
9.7Others
9.7.1 Market Trends
9.7.2 Market Forecast
10 Market Breakup by Region
10.1North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 Drivers, Restraints, and Opportunities
11.1Overview
11.2Drivers
11.3Restraints
11.4Opportunities
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1Overview
13.2Bargaining Power of Buyers
13.3Bargaining Power of Suppliers
13.4Degree of Competition
13.5Threat of New Entrants
13.6Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1Market Structure
15.2Key Players
15.3Profiles of Key Players
15.3.1AxxonSoft Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2Canon Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3eInfochips Inc. (Arrow Electronics Inc.)
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4Genetec Inc.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5Hanwha Vision Co. Ltd.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6Johnson Controls International PLC
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7March Networks (Delta Electronics Inc.)
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8Panasonic Holdings Corporation
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9Robert Bosch GmbH
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 SWOT Analysis
15.3.10Salient Systems Corporation
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11Verint Systems Inc.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis

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