Video Management Software (VMS) Market Size, Share, Trends, Industry Analysis & Growth 2032

Video Management Software (VMS) Market Insights

According to the report published by Zion Market Research, the global Video Management Software (VMS) Market size was valued at USD 7.13 Billion in 2023 and is predicted to reach USD 46.83 Billion by the end of 2032. The market is expected to grow with a CAGR of 20.7% during the forecast period. The report analyzes the global Video Management Software (VMS) Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Video Management Software (VMS) industry.

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Global Video Management Software (VMS) Market: Overview

Video management software (VMS) is a crucial component of the surveillance structure. Video management software allows the user to view camera feeds across several cameras, to set alarms for motion detection, and for tampering as well as handling the recording settings.

Global Video Management Software (VMS) Market: Growth Factors

Since video management software (VMS) can be integrated with numerous third-party solutions for providing a detailed view of the facilities, it is immensely advantageous for law enforcement. The market share will augment consistently since video management software (VMS) permits tracking and arresting criminals efficiently and accurately.

The high rate of deployment of CCTV cameras as well as IP network cameras across the surveillance and security industry has been triggering the expansion of the global video management software (VMS) market size. Moreover, VMS solutions collaborate efficiently with other digital devices. For instance, mobile applications enable real-time access to reduce rendering them an ideal tool for surveillance and monitoring purposes.

One of the key accelerators of the global video management software (VMS) market trends has been the escalating demand for threat detection. The public as well as private sectors have been deploying VMS for preventing crimes & thefts and improving safety. The inception of AI-based surveillance devices has been impacting the market positively. Facial recognition technology has been gaining traction in the recent past. Therefore, government authorities and private consumers alike have been embracing VMS solutions.

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Global Video Management Software (VMS) Market: Segmentation

The global video VMS market has been differentiated by type of solution, by deployment model, by service, by technology, by application, and by region.

On the basis of solution, the market can be categorized into case management, video intelligence, data integration, custom application management, navigation management, security management, storage management, mobile application, intelligent streaming, and advanced video management.

By deployment model, the global video management software (VMS) market has been segmented into cloud and on-premises.

Based on service, the global video management software (VMS) market has been bifurcated into professional services and managed services.

The global market, on the basis of technology, can be classified into IP based video management software and analog based video management software.

By application, the market is divided into government, BFSI (banking, financial services, and insurance), retail, healthcare & life sciences, media & entertainment, education, energy & utility, manufacturing & automotive, transportation & logistics, telecom & information technology (IT), tourism & hospitality, real estate, and others such as traffic monitoring & corrections, residential & commercial, etc.

Video Management Software (VMS) Market: Report Scope

Global Video Management Software (VMS) Market: Regional Analysis

Asia Pacific has been witnessing increasing adoption of state-of-the-art video monitoring services that can substantially minimize risks related to new technology adoption. Since the emerging economies including India and China have been demonstrating rising preference for cloud-based services, the central monitoring stations in these regions will set off high growth of the video management software industry share in the region. The boom in the IT sector alongside rapid technological breakthroughs has been encouraging the demand for VMS across Asia Pacific.

North America is also poised for significant growth, thanks to the deployment of VMS across the retail industry, gas stations, car rental services, solar & wind farms, municipalities, and manufacturing facilities. The emergence of latest VMS solutions with gaming artificial intelligence which permits operators to monitor table games has been gaining traction across casinos in the region.

The video management software (VMS) market in Europe is likely to register a considerable CAGR through the forthcoming times due to the functionality of VMS for stealth monitoring. Due to the latest image-processing tools that efficiently enhance operations alongside low maintenance costs of the new products, the growth of the Europe video management software industry share is certain.

Global Video Management Software (VMS) Market: Competitive Players

A few of the prominent companies leading the global video management software (VMS) market are:

• A&H Software House, Inc. (Luxriot)
• Avigilon Corporation (Motorola Solutions Inc.)
• AxxonSoft, Inc.
• Cathexis Technologies Pty Ltd.
• Exacq Technologies, Inc.
• Hanwha Techwin Co., Ltd.
• Honeywell International Inc.
• Intelligent Security Systems, Inc. (ISS)
• KEDACOM
• Milestone Systems A/S
• Netposa Technologies Ltd.
• Panasonic Corporation
• Salient Systems Corporation
• VIVOTEK Inc.
• 3VR Security, Inc. (Identiv, Inc.)
• Aimetis Corporation (Senstar)
• Axis Communications AB (Canon Inc.)
• Bosch Security Systems LLC
• Cisco Systems, Inc.
• Genetec Inc.
• Hangzhou Hikvision Digital Technology Co., Ltd. (Hikvision)
• iMotion Security
• Johnson Controls International Plc.
• March Networks Corporation
• Mindtree Limited
• Qognify Ltd. (On Net Surveillance Systems)
• Pelco, Inc.
• Zhejiang Dahua Technology Co., Ltd.
• Verint Systems Inc.

The Global Video Management Software (VMS) Market is segmented as follows:

By solution 

• case management
• video intelligence
• data integration 
• custom application management
• navigation management
• security management
• storage management
• mobile application
• intelligent streaming
• advanced video management 

by deployment model 

• cloud 
• on-premises 

by service 

• professional services 
• managed services 

by technology 

• IP based video management software
• analog based video management software 

by application 

• government
• BFSI (banking, financial services, and insurance) 
• retail
• healthcare & life sciences
• media & entertainment
• education
• energy & utility 
• manufacturing & automotive
• transportation & logistics
• telecom & information technology (IT)
• tourism & hospitality
• real estate
• and others such as traffic monitoring & corrections
• residential & commercial, etc.

Global Video Management Software (VMS) Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.