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The video management software (VMS) market has experienced exponential growth, surging from $12.44 billion in 2023 to $15.14 billion in 2024, with a compound annual growth rate (CAGR) of 21.7%. This growth is attributed to security concerns and government initiatives. Expected to reach $32.81 billion by 2028, with a CAGR of 21.3%, drivers include IP-based solutions and enhanced surveillance capabilities. Major trends include IoT adoption and customized solutions.

The video management software market is set for expansion, propelled by mounting concerns surrounding rising crime rates globally, influenced by various socioeconomic, demographic, and political factors. Video management software emerges as a critical tool in crime prevention efforts, empowering law enforcement agencies with advanced surveillance, investigation, and response capabilities. Insights from Brighton Analytics Limited reveal an alarming surge in crime rates in the UK, with a notable 8% increase since 202This escalating threat landscape underscores the imperative for robust video management solutions, delineating the growth trajectory of the video management software market, reflecting the market sizes of 2023, 2024, and 2028.

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What Are The Key Trends That Influence Video Management Software VMS Market Share Analysis?

Major companies operating in the video management software market are developing innovative advancements, such as the new video management software Qognify VMS, to stay competitive and meet the evolving needs of users in the market. This software-based platform manages and controls video surveillance cameras, recording devices, and other components of a video surveillance system. For instance, in April 2022, Qognify Inc., a US-based software company, launched a new video management software called Qognify VMS. It is designed to help organizations manage their video surveillance systems more effectively. It offers a range of features, including intelligent support for investigation processes, advanced analytics, and integration with other security systems. Additionally, it is based on the proven technology of Qognify’s successful video management software, Cayuga, which is suitable for various industries, including retail, transportation, and critical infrastructure, to help organizations improve their security and operational efficiency.

Which Market Players Are Driving Growth In The Video Management Software VMS Market?

Major companies operating in the market areBosch Security Systems Ltd., Hitachi Ltd., Siemens AG, Schneider Electric, Honeywell International Inc., Johnson Controls International Plc, Hangzhou Hikvision Digital Technology Co. Ltd., Hikvision USA, NetApp Inc, Zhejiang Dahua Technology Co. Ltd., Dahua Technology Inc., Ubiquiti Networks, Axis Communications AB, Mindtree Ltd., Verint Systems Inc., eInfochips Inc, Verkada Inc, Vivotek Inc, Eagle Eye Network Inc., Milestone Systems, Hanwha Techwin Co. Ltd., Digifort Global, Avigilon Corporation, KEDACOM Ltd, Genetec Inc

How Is The Global Video Management Software VMS Market Segmented?

The video management software (VMS) market covered in this report is segmented –

1) By Component: Solutions, Services
2) By Organization: Small And Medium Sized Enterprises, Large Enterprises
3) By Technology: Analog Based Video Management Software, Internet Protocol Based Video Management Software
4) By Vertical: Banking Financial Services And Insurance (BFSI), Government, Healthcare and Life Sciences, Manufacturing and Automotive, Retail, Transportation And Logistics, Media And Entertainment, Education, Other Verticals

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The Video Management Software VMS Global Market Report 2024 provides an overview of the video management software vmsmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The video management software vms market forecast analyzes video management software vms market size, video management software vms market share, leading competitor and their market positions.

The Table Of Content For The Video Management Software VMS Market Include

1. Video Management Software VMS Market Executive Summary
2. Video Management Software VMS Market Segments
3. Video Management Software VMS Market Size And Template Market Growth Rate
4.  Key Video Management Software VMS Market Trends
5. Major Video Management Software VMS Market Drivers
……
25. Key Mergers And Acquisitions In The Video Management Software VMS Market
26. Top Video Management Software VMS Companies
27. Video Management Software VMS Market Opportunities And Strategies
28. Video Management Software VMS Market, Conclusions And Recommendations
29. Appendix

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