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(I-SoftwareNews.Com, March 14, 2019 ) Video management system (VMS) currently divided into two categories, one is VMS platform hardware manufacturer launched, and the other is VMS software of the software vendor developed. Video management software is typically used to record and manage video surveillance installations. Video management software runs on a computer and allows users to view multiple cameras, record and retrieve video and monitor alarms.
For the demand of video management software product, there is still a certain space, but basically showing the scarcity of high-end products and excessed capacity of low-end products. There is a large market demand for high-end products to seize market share of imports acts.
Currently the global top 5 external sale manufacturers are: Milestone Systems, Genetec, Qognify, Verint and Hikvision, they accounted for more than 31.10% of the market share in 2015, in terms of revenue. In the near future, the competition pattern might not change.
The global security market continues to grow, especially for emerging economies such as China, Asia, the Middle East and Central and South America, which are experiencing rapid growth. Until now, USA is the largest market region in the world, which occupied about 36.89% in 2015, in terms of global revenue.
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According to this study, over the next five years the Video Management Software market will register a 20.4% CAGR in terms of revenue, the global market size will reach US$ 5760 million by 2024, from US$ 1890 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Video Management Software business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Video Management Software market by product type, application, key manufacturers and key regions and countries.
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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This study considers the Video Management Software value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
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Table of Contents:
1 Scope of the Report
2 Executive Summary
3 Global Video Management Software by Players
4 Video Management Software by Regions
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
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