Video Management Software Market will Reach USD 61.52 Billion, at a CAGR of 22.4% during the Forecast Period of 2030

Market Size – USD 9.90 Billion in 2021, Market Growth – at a CAGR of 22.4%, Market Trends – Rising demand of video surveillances

NEW YORK CITY, NEW YORK, USA, September 22, 2022 /EINPresswire.com/ -- The global Video Management Software Market size is expected to reach USD 61.52 Billion in 2030 and register a revenue CAGR of 22.4% over the forecast period, according to the latest report by Reports and Data. Growing concerns about security as well as the necessity for real-time video processing and monitoring are expected to drive the market revenue growth for Video Management Software (VMS). Increased need for intrusion and threat detection across government organizations, military, airports, and seaports is driving market revenue growth owing to IP-based VMS technology's improved features, such as high camera quality, lower cost, and scalability. Also, VMS technologies provide superior business analytics, which improves the monitoring system.

However, in underdeveloped and developing countries, lack of skilled technological expertise along with concerns about the storage of high-resolution videos and recordings, would hinder the market revenue growth. Also, rising privacy and data security concerns may hamper market revenue growth. Lack of a stable IT infrastructure in developing countries, as well as complexities in building, scaling, and configuring an IP system effectively, will hamper market revenue growth.

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Top Profiled in the Video Management Software Market Report:
• Identiv
• Genetec
• Milestone Systems A/S
• A&H Software House
• Senstar Corp
• AxxonSoft
• Bosch Security Systems
• GeoVision Inc
• imotion.ca
• Hangzhou Hikvision Digital Technology Co., Ltd.

Market Segmentation:
Type of Solution Outlook (Revenue, USD Billion; 2019-2030)
• Video Intelligence
• Case Management
• Advanced Video Management
• Data Integration
• Custom Technology Management
• Intelligent Streaming
• Mobile Technology
• Navigation Management
• Storage Management
• Security Management

Technology Outlook (Revenue, USD Billion; 2019-2030)
• Analog Based VMS
• IP Based VMS

Deployment (Revenue, USD Billion; 2019-2030)
• Cloud
• On-Premises

Vertical (Revenue, USD Billion; 2019-2030)
• BFSI
• Government
• Healthcare & Life Science
• Manufacturing & Automotive
• Retail
• Transportation & Logistics
• Media & Entertainment
• Telecom & IT
• Energy & Utilities
• Tourism & Hospitality
• Education
• Real Estate
• Others

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Key Takeaways of the Video Management Software Market Report:
• A comprehensive overview of the global Video Management Software industry.
• Accurate market projections in terms of market size, share, and volume.
• Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
• Deep-dive analysis of the upcoming market trends.
• Qualitative and quantitative analyses of the Video Management Software Market.
• Elaborate study of the leading regional markets in the Video Management Software Market.
• Complete overview of the market’s competitive landscape.
• Brief look at the company profiles and portfolios.

Key Regional Markets Covered in the Report:
• North America
o U.S.
o Canada
o Mexico

• Europe
o Russia
o U.K.
o Germany
o France
o BENELUX
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia Pacific

• Latin America
o Brazil
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o U.A.E.
o Israel
o Rest of Middle East & Africa

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About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Tushar Rajput
Reports and Data
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