The market for video management software is strong as organizations need to expand their capital investment and open their surveillance equipment acquisitions to multiple vendors. This system can review and analyze the recorded video providing important information. The features of this system include recording a vehicle’s license plate number which is useful for parking garages, reducing the workload on security and management staff and compatibility in IP cameras and systems.
Video Management Software Market is segmented on the basis of solution, deployment type, service and vertical. The vertical segment consists of IT & Telecommunication, BFSI, manufacturing, healthcare, retail and banking. The video management software used in healthcare industry provides improved patient outcome, cost-effective care and consumer centric healthcare ecosystem. Hospitals are configured with IP cameras in order to ensure safety for the patients. Video management software provides enhanced privacy for the patient’s healthcare data in order to prevent it from the hackers and thieves.
The Video Management Software Market is expected to grow at USD 14 Billion by 2023, at 22% of CAGR between 2017 and 2023.
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Major Key Players:
- 3VR Inc. (U.S.),
- Milestone Systems Inc. (U.S.)
- Genetec Inc. (U.S.)
- Exacq Technologies (U.S.)
- Aimetis Corporation (Canada)
- Mindtree Ltd (India)
- Surveon Technology Inc. (Taiwan)
- Geo Vision Inc. (Taiwan)
- Imotion Security Inc. (Canada)
- Video Insights Inc. (U.S.)
Study Objectives of Video Management Software Market:
- To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the video management software market.
- To provide insights about factors affecting the market growth.
- To analyze the video management software market based porter’s five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
- To provide country level analysis of the market with respect to the current market size and future prospective.
- To provide country level analysis of the market for segment on the basis of solution, deployment type and vertical.
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The video management software market has been segmented on the basis of solution, deployment type, service and vertical.The deployment type segment consists of on-cloud and on-premise. By cloud based segment, video management software with cloud based solution makes storing and viewing video easy.
Cloud based video surveillance solution provides access from anywhere on smartphones, tablets or laptops. It also provides video sharing with managers, employees or third-parties and secure transmission & storage. The cloud based video surveillance provides up-to-date information with latest software updates. It also provides recorded videos to authorities whenever a crime event occurs.
Video management software consists of video analytic solution that can be added at any camera at any time. The solution consists of area alarms and restricted zones that have the ability to highlight multiple zones in a field of view and alert on activity on any of them when the activity is getting ignored in unselected areas. It has a function called as object classification that segments objects between people, vehicles and unknown objects. It also has a function called wrong motion that alerts on motion going against the flow of traffic.
Regional analysis for video management software market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. The study reveals that North America would evolve as a leader in video management software market because of increasing urbanization which use extensive security solution including on-site security teams and thousands of cameras improving the quality of life of residents living in North America. Asia-Pacific market is slowly dominating towards the network based video surveillance systems. These systems consists of analog cameras which are connected to the video server in the network and monitored by computer or existing control room.
- Video management software providers
- CCTV installers
- System integrators
- System distributors
- CCTV manufacturers
- Original equipment manufacturers
- Video analytics solution providers
- Government organizations
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Table of Contents
1 Market Introduction
1.2 Scope of Study
1.2.1 Research objective
1.3 Market Structure
2 Research Methodology
2.1 Research Type
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
List of Tables
Table 1 Video Management Software Market, By Solution
Table 2 Video Management Software Market, By Deployment Type
Table 3 Video Management Software Market, By Service
List of Figures
Figure 1 Research Type
Figure 2 Video Management Software Market: By Solution (%)
Figure 3 Video Management Software Market: By Deployment Type (%)
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