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Video Management Software Market Research Report - Global Forecast to 2030

Video Management Software Market Research Report: By Solution (Video Intelligence/Analytics, Case Management, Navigation Management), By Technology (Analog-based and IP-based), By Deployment (Cloud-Based and On-Premise), By Organization Size and By Vertical – Forecast to 2030

ID: MRFR/ICT/2106-CR | August 2020 | Region: Global | 123 pages

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Video Management Software Market Overview:


Video Management Software market size is expected to grow over USD 51.37 Billion by the year 2030 registering a CAGR of 19.82%. Video Management Software (VMS) is a system that manages and stores the video and audio recorded by the surveillance cameras. The Video Management Software is the key component in the surveillance procedure. The AI-based solutions and IP-based system integration have impacted the Video Management Software market positively in recent years. Due to the rising security threats in the residential areas and international borders, the governments of the developed countries highly utilize the system themselves and encourage the residents to implement it in the residential sectors also.


The Video Management Software market is highly influenced by various other markets such as the equipment manufacturing industry and higher internet frequency. However, the increasing security threats and increasing disposable income of the citizens have propelled the Video Management Software market growth in the developed countries.


COVID 19 Analysis:


The COVID 19 pandemic has imposed serious economic fluctuations in several industrial sectors. However, the Video Management Software market value is continuously increasing for the increasing necessities across the globe despite the pandemic. Especially the facial recognition systems, thermal screening cameras, and mask detection algorithms are highly deployed in the developed countries after the widespread of the Corona Virus. As the pandemic has brought in the demand for contactless technologies, the Video Management Software market value is also rising in recent years.


The AI-driven cloud systems integrated with the Video Management Software have offered major help for the security forces in the highly infected countries to monitor the patients and those who don’t obey the governmental regulations.


However, there has been a slight disruption in the production department as China is the major manufacturing hub of the equipment related to video surveillance solutions. Additionally, the pandemic has reduced the local demand in several countries as they are focused on primary activities during the pandemic.


Market dynamics:


Market drivers:


Easy deployment and booming IP video usage:


Digitalization has grown tremendously in recent years owing to the increased smart device proliferation. This factor has impacted the growth of IP video and managing systems. Growing companies are focused on digital solutions as they offer several special features like higher image resolution, scalability, easy deployment, easy adaptation to various technical implications like video analytics. 


Growing security concerns globally:


The decline in economic growth has impacted every individual globally. This has increased the necessity of boosting the number of security infringements and raising their severity. This is the primary factor that propels the Video Management Software market growth. Identity theft, the credibility of the organization, violation of compliance is some of the crucial security breaches that require special attention. A recent report states that the security breaches in governmental, retail, and technological sectors have risen to 11% since the year 2018. Despite the advances in digital videos, the rate of hacking IP cameras has increased in recent years. The cybercriminals who steal the information sell or misuse them against the organization. This has propelled the overall growth of the Video Management Software market.


As managing the video requires more energy and time, higher quality data processing techniques are welcomed in the market. Additionally, the growth of video surveillance has also impacted the Video Management Software market growth in recent years.


Market opportunities:


The advent of standards in the technology like Physical Security Interoperability Alliance and Open Network Video Interface Forum has integrated the Video Management Software with the security devices and solutions. This combination offers better results in managing the video data.


The opportunity for the small and medium enterprises have opened for utilizing the cloud-based VMS accompanied with the higher speed internet connectivity is considered as a primary market opportunity in the market. With the help of cloud-based solutions, the operators can perform faster data transfer, higher resolution data storage, and hosted offsite. The offsite operations enable better flexibility for the operators.


Rising Smart cities:


Globally over 75 countries have deployed AI in their Video surveillance solutions as the technology includes facial recognition systems, smart citing, and easy operation. The reduction in the analysis costs has propelled the countries to invest largely into the Video Management Software market share. Also, the developed countries have security guards carrying body-worn cameras in crucial industries. This enhanced workforce protection has helped in preventing unusual activities and passes on real-time threat alerts. Such operations highly rely on the Video Management Software market.


Market restraints:


Despite the advancements in the data protection and security systems, the hacking and security breaches of crucial data rate is higher. Additionally, the stringent regulations imposed on the market concerned with the privacy of the general public which disturbs the freedom to speech or act are also considered as the major constraint to the Video Management Software market growth.


Storing higher-resolution videos and other related data and continuous operation are also the major restraining factors in the Video Management Software market.


Market challenges:


The advent of wireless technology has brought flexibility in the industry, however, has significantly imposed a challenge. The wireless security systems, cameras, and other devices require higher frequencies to transmit or receive signals. Also, they are potentially affected by the interruptions caused by the surrounding electric motor appliances like air-conditioning, fluorescent lighting, or cordless phones. The disrupted frequencies lead to distorted image quality and video failing to meet the purpose.


Requires bigger hard drives for bigger commercial sectors. A leading organization with an expanse of working area installs several video surveillance cameras which records data surpassing over 566 petabytes every day. Such huge data requires huge drives for storage. Also analyzing them and watching them requires devoted and skilled manpower. 


Cumulative growth analysis:


The advents of high-resolution cameras that perform better in the surveillance process are highly preferred by the leading organizations. The hybrid security camera systems which are capable of recording 4K videos comes with high-megapixel image sensors, liquid crystal display screens, organic light-emitting diode, and interchangeable lenses which perform the surveillance operation effectively than traditional recording systems. These hybrid camera technologies have propelled the Video Management Software market value.


As the Video Management Software has evolved in recent years, the software system allows the organization to review and evaluated the recorded video contents with minimal effort. Additionally, the key features of the Video Management Software include real-time video viewing, video recording, and alarm notification. To enhance the surveillance operations, organizations tend to install several video surveillance cameras in critical areas. The capability of connecting a large number of cameras with the software and the capability of merging the analog and IP video technologies have boosted the Video Management Software Market Size in recent times. 


Value chain analysis:


Currently, the organizations are deploying IP-based security cameras for surveillance purposes. The IP-based systems are renowned for the enhanced image quality and higher flexibility that is achieved through remote monitoring and control, the capability of recording intelligent video at an affordable price has created huge popularity for the segment. The growing popularity of the IP video systems and efficient function with the Video Management Software systems is expected to drive the overall demand for the Video Management Software market. 


The Video Management Software systems are capable of establishing their connection with third-party devices like fire alarm systems, emergency alarm systems, intrusion detecting solutions, and so on. This feature has raised the Video Management Software Market value in the organizations experiencing higher security breaches.


Segment overview:


Based on Solution:



  • Video intelligence/analytics

  • Case management

  • Advanced video management (data integration)

  • Custom application management

  • Intelligent streaming


Based on Mobile application:



  • Navigation management

  • Storage management

  • Security management


Based on Technology:



  • Analog-based

  • IP-based


Based on Deployment:



  • Cloud-based

  • On-premise


Based on Organization Size:



  • Small and medium enterprises

  • Large enterprises


Based on Vertical:



  • BFSI

  • Retail & E-commerce

  • Government

  • Healthcare

  • IT & telecommunication

  • Manufacturing

  • Public transportation

  • Others


Regional analysis:


North America is currently leading in the global Video Management Software market as there is an increased adaptation of video surveillance by the organizations and firms in the country. The advanced technologies in the region, dropping equipment prices, increasing trends, IP-based solution proliferation, and economical conditions have propelled the Video Management Software market growth in the country.


The Asia Pacific is expected to showcase value over 20% in the forecast period. Recently, the China government has started utilizing AI-based systems and AI-based facial recognition cameras for tracking corona patients. As the third wave is expected across the globe, the government in the country is expected to increase its investment in the Video Management Software market.


Countries like South Africa are increasingly deploying Video Management Software solutions in the defense sectors to ensure higher security nationally and borders. They have registered over 30% market share in the year 2019. The increasing threat is the major factor for these governmental decisions.


Competitive landscape:



  • Avigilon Corporation

  • BCDVideo

  • Bosch GmbH

  • Dahua Technology Co., Ltd.

  • Axis Communications AB

  • Hangzhou Hikvision Digital Technology Co., Ltd.

  • Honeywell International, Inc.

  • Huawei Technologies Co., Ltd.

  • Panasonic Corporation

  • Pelco

  • FLIR Systems, Inc.


Recent developments:


Intelligent video solutions:


Data processing is very time-consuming and tiring. The recent advances in Video Management Software solutions have brought in flexibility and enhanced processing. At the time of security incident, the indicator detects the activity and increases the data collection which helps in obtaining accurate and credible solutions.


High-resolutions 4K videos:


The Ultra HD 4K cameras and devices are capable of offering better videos with a resolution that is 27 times higher than existing video resolutions. The finer and clearer solutions while magnifying the video help us to attain better results. A better audio recording facility also increases the demand for the market. 


Report overview:


This report has covered:



  • Market overview

  • COVID 19 Analysis

  • Market dynamics

  • Cumulative growth analysis

  • Value chain analysis

  • Segment overview

  • Regional analysis

  • Competitive landscape

  • Recent developments


Segmentation Table:


Based on Solution:



  • Video intelligence/analytics

  • Case management

  • Advanced video management (data integration)

  • Custom application management

  • Intelligent streaming


Based on Mobile application:



  • Navigation management

  • Storage management

  • Security management


Based on Technology:



  • Analog-based

  • IP-based


Based on Deployment:



  • Cloud-based

  • On-premise


Based on Organization Size:



  • Small and medium enterprises

  • Large enterprises


Based on Vertical:



  • BFSI

  • Retail & E-commerce

  • Government

  • Healthcare

  • IT & telecommunication

  • Manufacturing

  • Public transportation



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 51.37 Billion (2020-2030)
  CAGR   19.82% (2020-2030)
  Base Year   2019
  Forecast Period   2020-2030
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Solution, By Technology
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   AxxonSoft Inc., Verint Systems, Qognify Inc, Avigilon Corporation, Genetec Inc., Salient Systems, 3VR, Cathexis, Robert Bosch, Johnson Controls, Senstar Corporation, Surveon Technology Inc., Cisco Systems, Axis Communications AB, Video Insights Inc., and Milestone Systems Inc.
  Key Market Opportunities   The rising demand for video surveillance and surveillance of international borders and increasing requirements for facial recognition systems to monitor infected individuals are expected to raise market revenue.
  Key Market Drivers   The widespread increase in the need for surveillance solutions across the globe between several verticals and the substantial growth in digitalization paved the way for the growth of IP video management systems.


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Frequently Asked Questions (FAQ) :

The global video management software market will be gaining 17.60 billion by 2024

The global video management software market registered 19.82% CAGR for its growth.

It is the swelling adoption of video management software in small and medium business entities, CCTV cameras, intrusion detection systems, and video analytics applications are the factors promoting the market growth.

Solution, technology, deployment, organization size, vertical are the segments covered in the market study.

North America, Europe, Asia-Pacific, and the rest of the world are the regions mentioned in the study of the market.