Global Video Management Software Market Size, Share & Trends Analysis Report By Technology (Analog-Based, and IP-Based), By Deployment (On-premise, and Cloud), By Vertical, By Application, By Regional Outlook and Forecast, 2024 - 2031

Global Video Management Software Market Size, Share & Trends Analysis Report By Technology (Analog-Based, and IP-Based), By Deployment (On-premise, and Cloud), By Vertical, By Application, By Regional Outlook and Forecast, 2024 - 2031

The Global Video Management Software Market size is expected to reach $39.39 billion by 2031, rising at a market growth of 19.0% CAGR during the forecast period.

Governments and enterprises are leveraging video analytics for smart city initiatives, retail traffic analysis, and automated law enforcement applications, boosting demand in the market. The increasing concern for crime prevention, public safety, and fraud detection has also fueled investment in intelligent video analytics platforms that provide actionable insights. Hence, the video analytics segment recorded 31% revenue share in the market in 2023. The integration of machine learning, deep learning, and real-time video processing has enabled advanced capabilities such as facial recognition, object detection, crowd management, and behavioral analytics, reducing the need for human intervention.

Businesses that require remote monitoring, facial recognition, and real-time alerting systems to prevent unauthorized access and enhance workforce safety also demand smart surveillance. With cloud integration and AI-driven video analytics, modern surveillance systems can detect suspicious activities, track anomalies, and even automate security responses to mitigate risks before they escalate. Hence, intelligent surveillance and VMS solutions are becoming more critical as security threats evolve. Additionally, Due to their cost-effectiveness, remote accessibility, and scalability, cloud-based VMS solutions are becoming increasingly popular. Unlike traditional on-premise setups, cloud-integrated VMS allows organizations to store and retrieve footage from anywhere, collaborate in real-time, and improve security management. Using AI, IoT, and cloud together enables predictive security measures, allowing businesses to analyze past incidents, identify patterns, and proactively prevent potential threats. Consequently, the future of surveillance and safety management will be significantly influenced by AI-powered and IoT-enabled VMS as industries prioritize automated, data-driven security solutions.

However, unlike large enterprises that can allocate substantial budgets for security infrastructure, SMBs often struggle with financial constraints, making it difficult to justify the investment in a fully integrated VMS solution. Additionally, the need for continuous software updates, cybersecurity measures, and IT personnel for system maintenance further increases operational costs. Hence, the high initial investment and operational expenses will continue to be a major challenge hindering the adoption of advanced video management software.

Technology Outlook

Based on technology, the market is bifurcated into IP-based and analog-based. The IP-based segment garnered 32% revenue share in the market in 2023. Businesses across industries are transitioning to IP-based VMS solutions due to their scalability, remote access capabilities, and enhanced security features such as motion detection, facial recognition, and automated alerts. Additionally, the rise of smart cities, IoT-enabled security solutions, and cloud storage advancements further fuel demand for IP-based systems, as they offer seamless integration with modern IT infrastructure.

Deployment Outlook

On the basis of deployment, the market is classified into cloud and on-premise. The on-premise segment procured 64% revenue share in the market in 2023. Industries, including banking, government, healthcare, and defense, necessitate surveillance infrastructure that is locally managed and highly secure in order to prevent data breaches, unauthorized access, and cyber threats. Many organizations prefer on-premise VMS because they can operate independently of internet connectivity, ensuring uninterrupted security monitoring in high-risk environments. The increasing use of 4K and Ultra HD video surveillance has also reinforced the demand for on-premise storage solutions that can handle large video data volumes without reliance on external cloud providers.

Application Outlook

By application, the market is divided into video analytics, access control integration, cloud storage & management, perimeter protection, remote monitoring, and others. The perimeter protection segment garnered 14% revenue share in the market in 2023. Organizations are increasingly deploying AI-powered surveillance systems with motion sensors, geofencing, thermal imaging, and automated alert mechanisms to enhance perimeter security. Defense, transportation, logistics, and energy are at the forefront of adopting perimeter protection solutions to monitor large outdoor areas, prevent trespassing, and detect potential threats in real-time.

Vertical Outlook

Based on vertical, the market is segmented into retail & e-commerce, government & law enforcement, banking, financing, services & insurance (BFSI), transportation & logistics, healthcare, and others. The government & law enforcement segment acquired 21% revenue share in the market in 2023. The increasing focus on public safety, crime prevention, and smart city surveillance drives the government & law enforcement segment. Governments are investing in AI-enhanced facial recognition, predictive policing, and traffic monitoring systems to improve urban security and emergency response. Law enforcement agencies utilize video evidence management, automated license plate recognition (ALPR), and real-time threat detection to enhance investigations and counter-terrorism efforts.

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment witnessed 36% revenue share in the market in 2023. The presence of key technology providers and cloud service giants in the U.S. and Canada has accelerated the integration of cloud-based VMS solutions, enabling businesses and public institutions to leverage real-time analytics, facial recognition, and behavior detection systems. Rising concerns over cybersecurity threats, data breaches, and organized crime have also pushed enterprises to invest in AI-powered monitoring solutions that enhance security and compliance. The demand for high-definition video analytics, advanced access control integration, and scalable surveillance infrastructure is further fueled by sectors such as banking, healthcare, transportation, and law enforcement.

Recent Strategies Deployed in the Market

• May-2024: Robert Bosch GmbH revealed FLEXIDOME 3100i camera, expanding the 3100i product range, providing dependable security while maintaining robust video analytics and data security. Featuring a discreet design, the new dome is well-suited for schools, office buildings, or other settings where inconspicuous surveillance is necessary. Available as an indoor model, with or without IR illumination, it offers enhanced flexibility to meet project needs. The IR illumination enables coverage of up to 30m (98ft) in low-light conditions. Additionally, the cameras incorporate integrated varifocal lenses for crisp, detailed images with an adjustable field of view.
• May-2023: Dahua Technology announced the launch of AcuPick video search technology, an industry-leading technical solution. The launch aims to help users locate target videos with more convenience and accuracy. Additionally, AcuPick provides quick search, easy operation, and high accuracy, leading to the latest technological advancement in the sector.
• Mar-2023: Honeywell collaborated with Bengaluru City Police and completed phase 1 of the Safe City project, with more than 4,100 video cameras installed at 3,000 strategic locations across the city. These cameras are intended to identify serious situations and speed up police response. Additionally, the cameras are linked to a command center that uses machine learning (ML) and artificial intelligence (AI).
• May-2022: Dahua Technology introduced its updated WizSense series, by adopting a deep-learning algorithm and an independent AI chip. The latest WizSense integrates Quick Pick, AI Scene Self-adaption (SSA), SMD 4.0, AI Coding, and other extended AI functions for fast target search, to deliver accurate detection and inclusive AI products to customers.
• Sep-2021: Dahua Technology partnered with Yeastar, the world’s leading provider of SME PBX systems, on PBX-Intercom integration. Under this partnership, both companies aim to provide small and medium-sized enterprises with a complete and unified communication solution that allows mutual customers to benefit from visual internal communication, remote access control, integrated video conferencing, instant messaging and file sharing, and many other services.

List of Key Companies Profiled

• Honeywell International, Inc.
• Axis Communications AB (Canon, Inc.)
• Hangzhou Hikvision Digital Technology Co., Ltd.
• Panasonic Holdings Corporation
• Robert Bosch GmbH
• Teledyne FLIR LLC
• Zhejiang Dahua Technology Co., Ltd.
• Verint Systems, Inc.
• Genetec, Inc.
• Salient Systems

Global Video Management Software Market Report Segmentation

By Technology

• Analog-Based
• IP-Based

By Deployment

• On-premise
• Cloud

By Vertical

• Retail & E-Commerce
• Government & Law Enforcement
• Banking, Financing, Services & Insurance (BFSI)
• Transportation & Logistics
• Healthcare
• Other Vertical

By Application

• Video Analytics
• Cloud Storage & Management
• Access Control Integration
• Perimeter Protection
• Remote Monitoring
• Other Application

By Geography

• North America

o US

Canada

Mexico

Rest of North America

• Europe

o Germany

UK

France

Russia

Spain

Italy

Rest of Europe

• Asia Pacific

o China

Japan

India

South Korea

Singapore

Malaysia

Rest of Asia Pacific

• LAMEA

o Brazil

Argentina

UAE

Saudi Arabia

South Africa

Nigeria

Rest of LAMEA