Video Management Software Market Insights:

In 2021, the Video Management Software Market was estimated to be worth USD 12.5 billion. According to projections, the video management software market would expand at a compound annual growth rate (CAGR) of 19.82% from USD 14.9 billion in 2022 to USD 53.1 billion by 2030. The primary market drivers for the video management software business are the growing usage of video surveillance for cross-border operations, facility protection, and monitoring applications.

The AI security system, known as VAST Security Station (VSS), will make its official debut in March, as stated by VIVOTEK, an IP video surveillance business. Three levels of the system are available to users: VSS Lite, VSS Standard, and VSS Professional. The VSS platform combines state-of-the-art artificial intelligence (AI) and edge computing technologies to precisely identify faces and vehicles in real-time with integrated security cameras, according to Vivotek. It offers a range of cognitive image analysis tools to increase query accuracy and data security, and up to 20,000 cameras may be controlled concurrently. An easy-to-use AI security solution is VSS. Thanks to the simple and highly configurable interface, users can easily set up substations, add more cameras to the network, and even enable real-time audio transmission. With this, video administration has really improved.

Video management software is an essential component of the security architecture. It enables the processing and analysis of footage captured by their security cameras. It provides intelligent video search, data and storage management, tracking, and identification through the use of artificial intelligence and machine learning-based technologies. The need for surveillance systems has grown as a result of the dramatic increase in crime rates observed globally. As a result, governments are putting in place complex surveillance systems that include video management software. The Ministry of Home Affairs of the Indian government announced in October 2021 that Honeywell will be leading the Nirbhaya Fund project in Bengaluru. The estimated cost of the Bengaluru Safe City initiative is US$67 million.

Key Players:

Key Companies in the Video Management Software Market Includes:

• Avigilon Corporation
• BCD Video
• Bosch GmbH
• Dahua Technology Co.
• Axis Communications AB

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Scope of the Report – Video Management Software Market:

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Market Segmentation:

Case management, navigation management, and video intelligence/analytics are the three solution categories into which the video management software industry has been divided. In 2021, the market growth was dominated by the video intelligence/analytics sector.

Technology has led to the division of the video management software industry into two categories: analog-based and IP-based. In 2021, the market was led by the IP-based category.

The market data for video management software has been divided into two segments based on deployment: cloud-based and on-premises. In 2021, the market was led by the on-premises sector.

Browse In-depth Market Research Report (123 Pages, Charts, Tables, Figures) Video Management Software Market – https://www.marketresearchfuture.com/reports/video-management-software-market-2849

Regional Analysis:

The report offers market information for North America, Europe, Asia-Pacific, and the rest of the world, broken down by region. The market for video management software in North America was valued at USD 5.3 billion in 2021 and is projected to grow at a rate of 42.90% CAGR over the course of the research. The existence of a robust partner ecosystem consisting of distributors, resellers, integrators, and consultants is one of the main factors driving the demand for video management software in North America. Other important factors include the growing uptake of emerging technologies such as big data analysis, cloud computing, IoT, AI, and other analytical tools.

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