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Video Management Software Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023

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Video Management Software Market: Overview

Video management software are used for seamless management of digital video, audio, data and playback functionalities in a video surveillance systems. These software suites are specifically designed for managing, processing and storage of the signals from multiple camera feeds. The increasing penetration of video surveillance in wide range of applications such as facility protection, monitoring applications, event video surveillance and cross-border activities, is the key driving force for market growth of video surveillance software market. Furthermore, increasing large scale security network is expected to boost the adoption of video surveillance software market in coming years.

Video Management Software Market: Segmentation

Video management software market is segmented on the basis of number of cameras, deployment type, enterprise type and end-use industry verticals. Video management software are available as per user requirement ranging from small surveillance applications to high – end surveillance applications. On the basis of number of cameras, video management software market is segmented as less than 50 cameras, between 50 to 200 cameras and more than 200 cameras.

Dynamic end-use requirement and rising trend of cloud-based solutions has resulted in development of video surveillance systems for different deployment types. In terms of deployment type, video management software market is classified as on-site, cloud based and application based.  On the basis of enterprise type, video management software is segmented into small and medium businesses and large organizations. With increasing need of video surveillance, video management software is expected to find its application in various end-use industry verticals. In terms of end-use industry, video management software market is classified as retail, transportation, healthcare, telecom and IT, banking, financial services and insurance (BFSI), military and defense, government and public sector, manufacturing, hospitality and media and others (education and sports).

Video Management Software Market: Growth Propellers

The increasing security concerns globally is the key factor driving the video management software market. The demand is largely driven from cross-border areas and public sector. Alongside this, augmenting demand for high quality video processing, is fueling the market growth of video management software market. However, privacy concerns in terms of adoption of video surveillance systems is expected to suppress its market growth. Along with this, large storage requirement by video surveillance systems, is expected to curb its market growth. With increasing penetration of video surveillance systems especially in emerging economies, video management software developers are expected to find huge market opportunity in near term.

Video Management Software Market: Region-wise Outlook and Trends

On a global scale, North America is expected to hold, market leading position in the adoption of video management software suites. This is linked to the presence large scale video surveillance systems and high-end security network established in the region. However, Asia Pacific region is expected to dominate in terms of adoption of video management software solutions in the coming years. Increasing government spending in security sector and developing large infrastructure (commercial as well as domestic) is expected to boost the demand for video management software solutions in the region. In terms of number of cameras, video management software’s with capacity of between 50 to 200 cameras is expected to hold the large market share.

The increasing penetration of video surveillance in public places such as shopping malls, retail stores are anticipated to be the key aspect behind the growth of this segment. In terms of deployment type, on-site solutions are expected to hold largest market share, however, with increasing adoption of cloud-based solutions, video management software’s for cloud–based applications are expected to foresee a faster growth rate in coming years.

Video Management Software Market: Key Players

Some of the key developers of video management software are Schneider Electric Industries SAS, Bosch Security Systems, Aimetis Corporation, Milestone Systems A/S, Honeywell International,   Inc., Genetec, Inc., Hanwha Techwin CO., LTD., Surveon Technology, Inc., Cisco Systems, Inc., Exacq Technologies, Inc., March Networks Corporation, Verint Systems, Inc., On-Net Surveillance Systems, Inc. and 3VR, Inc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types and applications.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Value Chain

Regional analysis includes:

  • North America
  • Latin America
  • Asia Pacific
  • Japan
  • Western Europe
  • Eastern  Europe
  • Middle East & Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.

Report highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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