PUBLISHER: Value Market Research | PRODUCT CODE: 1392393
PUBLISHER: Value Market Research | PRODUCT CODE: 1392393
The global demand for Video management software Market is presumed to reach the market size of nearly USD 83.71 MN by 2030 from USD 13.76 MN in 2022 with a CAGR of 25.32% under the study period 2023 - 2030.
Video management software is an important component of any security camera system. It protects the critical infrastructure of organisations with the help of AI-based surveillance automation with real-time detection, tracking and classification. It is also known as a video management system or video surveillance management system. It can collect video from cameras and other sources and store that video to a storage device. It provides an interface to view the live video as well as access recorded video. It monitors business operations and helps in securing business assets and property. It supplements health and safety activities and strengthens security awareness.
The key factor driving the demand for the video management software market is the increasing security concerns due to rising security threats worldwide. The growing penetration of video surveillance in a wide range of applications such as facility protection, monitoring applications and cross-border activities is surging the demand for this market. Organisations are focusing on digital solutions with features including higher image resolution, scalability and easy adaptation to various technical implications. The rising video monitoring and surveillance of international borders is propelling the demand for this market. The rising number of smart cities is anticipated to boost the growth of this market over the forecast period. Continuous advancements in video surveillance technology and the growing need for high-quality data processing are fueling the demand for this market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of video management software. The growth and trends of video management software industry provide a holistic approach to this study.
This section of the video management software market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Video management software market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the video management software market include AxxonSoft (Germany), Milestone Systems (Denmark), On-net Surveillance System Inc.(U.S.), Aimetis Corporation(Canada), Exacq Technologies (U.S.), 3VR (U.S.), Verint Systems (U.S.), Genetec (U.S.), Salient Systems (U.S.), and March Networks (Canada). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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