Concerns Regarding Safety Drives the VMS Software Market

San Francisco, California, 27 July 2018: The global market of Video Management Software (VMS) market is expected to undergo through a positive transition phase during the forecast period, notices TMR in their report titled, “Video Management Software (VMS) Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025”. It has been found out that VMS plays an important part in the security or surveillance system. The VHS is used in gathering the video feeds accompanied with the recordings. It is also used in storing the data as wells as it caters an interface to view and access the video. The VMS software is used by various residential as well as commercial zone as it provides safety.

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Easy installation of the Video Management software at various place such as for commercial and residential use is turning out to be boon for the market. The video management software finds its number of application with the addition of a third party devices such as fire alarm systems, intrusion detecting systems, and video analytics is bolstering the growth of the market. Storage of video recordings of high resolution with privacy issues are trying to deter the market growth. However, the rise in need of violence around the world have made consumers to use VMS for keeping an eye on things happenings just outside their doors.

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On the basis of various types of solutions the market is classified into video intelligence, custom application management, storage management, navigation management, data integration, custom application management, security management, advanced video management, and intelligence streaming. Advanced video management is expected to have major share during the forecast period. On the basis of the technology the market is divided into analog-based IO-based VMS and analog-based VMS. On the basis of the region the Asia Pacific market is expected to take the lead among other, as the rise in smart city projects across the region favors the growth of VMS market.

Video Management Software (VMS) Market Stoking Growth by 2025

Global Video Management Software (VMS) Market: Overview

Video management software (VMS) is an integral part of any surveillance system. It aids in managing camera and recording settings, viewing multiple camera feeds, and alerting in case of tampering and motion detection. Video management software can also review and analyze recorded video providing important information. For instance they can track customer movements and help detect suspicious activities. They are leveraged for keeping a tab on behaviors, activities, or other real-time information for inspection, security, and safety by means of electronic equipment, such as Closed-circuit Television (CCTV) cameras or Internet Protocol (IP) network cameras.

Global Video Management Software (VMS) Market: Key Trends

At the forefront of driving growth in the global market for video management software (VMS) is their easy installation process and growing use of IP videos. Others factors stoking growth are third-party integration with other digital business systems, rising concerns over security worldwide, and increasing penetration of video surveillance in a wide range of applications.

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Countering the growth in the market, on the other hand, are concerns pertaining to storage of high-resolution videos and recordings and privacy issues.

Global Video Management Software (VMS) Market: Market Potential

Based on the various types of solutions, the global market for video management can be segmented into custom application management, video intelligence, advanced video management, storage management, data integration, navigation management, intelligent streaming, custom application management, and security management. Among them, the advanced video management is predicted to have maximum market share in the foreseeable future because of its use in video monitoring system. Video management primarily entails collecting videos and handling recording, video routing, event management, and integration of other functionalities in the video monitoring system.

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Depending upon technology, the market can be broadly segmented into analog-based VMS and IP-based VMS. Of them, the IP-based segment is predicted to gain most market share in the near future. This is because IP cameras have wide-ranging features, cost relatively less, have high image resolution, and scalability. This growing uptake of IP cameras by end-users and enterprise customers has been pushing growth in the global market for video management software. Open platform VMS underpins IP cameras with onboard analytics that accord greater business intelligence for surveillance systems.

Global Video Management Software (VMS) Market: Regional Outlook

From a geographic standpoint, Asia Pacific is slated to outshine all other regions in terms of growth on the back of swift uptake by end-users and enterprise customers of IP-based and cloud-based video surveillance solutions. The growing popularity of smart city projects and intelligent transportation systems, particularly in the fast-expanding developing economies of China and India will also likely boost the market in the region by driving demand for different VMS applications. Transportation, retail, sport stadiums, government, and Banking, Financial Services, & Insurance (BFSI) are the main end-users in the VMS market.

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Global Video Management Software (VMS) Market: Competitive Analysis

To assess the competition prevailing in the global market for video management software, the report analyzes major players such as AxxonSoft, Milestone Systems, On-Net Surveillance Systems Inc., Aimetis Corporation, Exacq Technologies, 3VR, Verint Systems, Genetec, Salient Systems, and March Networks (Canada), who provide VMS solutions to entities to cater to their different security needs. The report studies their product offerings, revenues, market shares, and growth scope in the near future.

Video Management Software Play Key Role in Surveillance Systems

San Francisco, California, May 12, 2017: The report, titled “Video Management Software (VMS) Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025” sheds light on the chief catalysts, deterrents, growth opportunities, and trends prevailing in the market. The key players in the Video Management Software (VMS) Market have been assessed in detail, alongside Porter’s Five Force Analysis to determine the nature of competition among them.

Being an integral part of every surveillance system, video management software assists in the management of camera and recording settings, setting alerts when tampered, and enables viewing of multiple camera feeds. Video management software can not only review but also analyze the recorded videos. This software is capable of tracking the movements of the customers and detecting suspicious activities, at the same time providing real-time information.

These advantages make the software particularly useful for security, inspection, and safety purposes. A number of electronic devices such as Internet Protocol (IP) network cameras and closed-circuit Television (CCTV) cameras have been leveraging this technology. As a result, the global demand for video management software is expected to augment over the forecast years.

Third-party integration with digital business systems, growing popularity of video surveillance across a variety of applications, and alarming rise in security concerns over the globe have been aiding the growth of the global market for video management software. The ease of installation of video management software is one of the primary growth drivers of the global market for video management software.

By application, the global market for video management software can be segmented into video intelligence, custom application management, storage management, advanced video management, security management, intelligent streaming, data integration, and navigation management. By end user, the global market for video management software can be segmented into retail, government, transportation, sport stadiums, and banking, financial services, and insurance (BFSI).

Based on technology, the market can be broadly segmented into IP-based VMS and analog-based VMS. Of these, the IP-based segment is likely to emerge at the fore. The growth of this segment can be attributed to their relatively lower costs, variety of features, superior scalability, and high image resolution.

By geography, the global market for video management software can be segmented into Asia Pacific, Latin America, Europe, North America, and the Middle East and Africa. Asia Pacific is swarming with a wide expanse of growth opportunities, thanks to the fast-growing economies such as India and China. As the number of smart city projects in the region are increasing, there has been a growing need for intelligent transportation systems, which need video management software.

Verint Systems, On-Net Surveillance Systems Inc., AxxonSoft, Exacq Technologies, Aimetis Corporation, Milestone Systems, 3VR, Genetec, March Networks, and Salient Systems are some of the major companies operating in the global market for video management software (VMS).