| Source: Data Bridge Market Research Data Bridge Market Research
NEW YORK, Sept. 07, 2022 (GLOBE NEWSWIRE) — Data Bridge Market Research has recently published the Global research Report Titled: “Global Video Management Software (VMS) Market” The report focuses on global major leading players with information such as company profiles, product picture and specification. The trends affecting the Industry in emerging regional sectors have additionally been explained in this study. The current findings and recommendations the analysts suggest for the future growth of the market have also been evaluated in this Video Management Software (VMS) report.
Video Management Software (VMS) Market report covers the present and past market scenarios, market development patterns, and is likely to proceed with a continuing development over the forecast period. The research report on Video Management Software (VMS) Market provides comprehensive analysis on market status and development trend, including types, applications, rising technology and region. A number of analysis tools such as SWOT analysis and Porter’s five forces analysis have been employed to provide an accurate understanding of this market.
Global video management software (VMS) market was valued at USD 6.9 billion in 2021 and is expected to reach USD 32.68 billion by 2029, registering a CAGR of 21.46% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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The retail application segment is anticipated to experience a 30% CAGR in the video management software market between 2022 and 2030. Shoplifting and in-store shrinkage are predicted to cost German merchants more than USD 5 billion in 2021. VMS gives merchants the tools to stop stock loss and shrinkage, improving an organization’s overall operations.
A surveillance system’s video management software helps to record and monitor various camera feeds and set alerts in the event of tampering and motion detection. Video management software locates and connects to all IP cameras on the network to give a dependable and secure connection to the cameras.
Forecast Period – 2022 to 2029
Base Year – 2021
Historic Years – 2020 (Customizable to 2014 – 2019)
Key Market Players:
We can add or profile new company as per client need in the report. Final confirmation to be provided by research team depending upon the difficulty of survey.
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Core Objectives of Video Management Software (VMS) market research
Video Management Software (VMS) Market Scope
The video management software (VMS) market is segmented on the basis of organization size, component, technology, deployment and vertical. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
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Video Management Software (VMS) Market Regional Analysis/Insights
The video management software (VMS) market is analyzed and market size insights and trends are provided by country, organization size, component, technology, deployment and vertical as referenced above.
The countries covered in the video management software (VMS) market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America is flourishing its dominance in the global video management software (VMS) market due to factors the ageing infrastructure, and growing adoption and deployment of cutting-edge IP-based surveillance and monitoring systems. Additionally, presence of major players in this region is also bolstering the growth of the market.
Over the forecast period, Asia-Pacific is anticipated to have the greatest CAGR. The growth of the region is attributed to the increasing adoption of cloud-based VMS in APAC nations. In order to encourage economic growth, many nations, notably China, India, and others, are increasing their investments in infrastructure.
The security and surveillance industry is changing, and this tendency points to a greater reliance on technological advances. The rise in demand for CCTV cameras is another indicator of growing security and surveillance worries. Leading businesses provide a variety of products, including 8-megapixel CCTV cameras. In addition to IP-powered cameras, the vast selection of CCTV security and surveillance cameras also includes models with night vision or colored night vision. The market for video management software is growing as a result.
Security organizations continue to exercise caution when disclosing the scope of their monitoring operations for public review. There is no question that giving law enforcement more surveillance power aids in the prevention of some crimes, but there is also a chance for abuse or a risk to people’ rights. Numerous significant terrorist acts over the past 20 years have sparked debate about the usage of various surveillance technology. The use of novel technologies for pre-emptive security and surveillance is therefore, bolstering the growth of the market.
Furthermore, the factors such as rising urbanization, industrialization and mounting awareness among organizations to comply with the regulations and standards related to payment services are some other important market drivers. Additionally, growing support by the government on the promotion of the technology and solutions and increasing per capita income are anticipated to drive the growth rate of the market.
Artificial intelligence and machine will truly benefit the market in the long run. Such advanced technologies offer greater degree of security and safeguards the crucial information of the user. Advanced analytics and video analytics offer security and safety against proactive risks and therefore, this will spread a positive word of mouth for the transaction monitoring technology on a global scale.
Growth and expansion of banking and financial services industry especially in the developing economies will present very many opportunities for the growth of the market. Additionally, the increasing trend of digitalization further offers numerous growth opportunities within the market. Rising number of end users on daily basis, both at large and small scale and complete digitization of operations will also work in favor of the market.
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Video Management Software (VMS) Market Landscape
Part 04: Global Video Management Software (VMS) Market Sizing
Part 05: Global Video Management Software (VMS) Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
To check the complete Table of Contents, click here @ https://www.databridgemarketresearch.com/toc/?dbmr=global-video-management-software-vms-market
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| Source: Data Bridge Market Research Data Bridge Market Research