Global Video Management System Market Overview
According to SPER Market Research, the Global Video Management System Market is estimated to reach USD 88.67 billion by 2032 with a CAGR of 23.32%.
A Global Video Management System (GVMS) is a centralised software programme created to monitor and control video surveillance cameras and associated equipment over a network of locations that are spread out geographically. No matter if the cameras are dispersed over several sites around the world or within a single structure, GVMS offers a full platform for watching, recording, and controlling video streams from various cameras. Analog, digital, IP cameras, as well as additional gadgets like video encoders and recorders, are all integrated into the GVMS. Real-time monitoring, video recording, replay, alarm management, event notification, and access control are among the essential components of a GVMS. It provides centralised control and management of all video data, allowing businesses to effectively monitor and manage their security operations. Additionally, GVMS offers sophisticated analytics and reporting features that let businesses base choices on the study of video data. GVMS is necessary in important applications like public safety, transportation, healthcare, retail, and other sectors where there must be constant monitoring to protect people and property. The scalable solution provided by GVMS enables businesses to grow their video surveillance networks in response to changing requirements. In general, GVMS gives businesses a strong tool for managing video surveillance systems effectively, enhancing security operations, and raising situational awareness.
Impact of COVID-19 on the Global Video Management System Market
On the market for Global Video Management Systems (GVMS), the COVID-19 pandemic has had a considerable effect. The pandemic has raised the requirement for remote monitoring and surveillance, which has led to a rise in the demand for GVMS solutions. The rapid transition to cloud-based solutions is one of COVID-19's most significant effects on the GVMS market. Cloud-based GVMS systems have grown in popularity as a result of the expansion of remote work and the demand for remote access to video data. As opposed to on-premises solutions, which demand direct access to the video data, cloud-based GVMS solutions are more flexible and scalable. The pandemic has also increased demand for advanced video analytics capabilities. Video analytics systems that can automatically detect and track people are now more important than ever because of the requirement for social distance and the decline in personal contact. Organizations are giving cybersecurity a higher priority in their GVMS solutions to secure the protection of their video data in light of the expansion of remote work and the rise in cyber threats. Overall, the COVID-19 pandemic has sped up the market for GVMS adoption of cloud-based services, sophisticated video analytics, and cybersecurity precautions. As enterprises seek flexibility, scalability, and security in their video surveillance systems, these trends are anticipated to persist even after the pandemic is over.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Component, By Technology, By Deployment Mode, By Organization Size, By Application, By Vertical.
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| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
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| Companies Covered | Axis Communications, Axxonsoft, Avigilon Corporation, Arcules, American Dynamics, Bosch, Backstreet Surveillance, ButterflyMX, Camcloud, Citrix Systems, Inc, Dahua Technology, EInfochips, Eagle Eye, Genetec, Hanwha Techwin Co, Honeywell International, Hikvision Digital, IndigoVision, Johnson Controls International, Kedacom, Mindtree, Milestone Systems, March Networks, Verint Systems.
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Global Video Management System Market Segmentation:
1. By Component:
2. By Technology:
- Analog-based VMS
- IP-based VMS
3. By Deployment Mode:
4. By Organization Size:
- Large enterprises
- Small and medium sized enterprises
5. By Application:
- Advanced management
- Case management
- Data integration
- Intelligent streaming
- Mobile application
6. By Vertical:
- Banking, financial services and insurance
- Education
- Government and public sector
- Healthcare and life sciences
- Information technology
7. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Video Management System Market (FY’2019-FY’2032)
- Overview of Global Video Management System Market
- Segmentation of Global Video Management System Market By Component (Solution, Services)
- Segmentation of Global Video Management System Market By Technology (Analog-based VMS, IP-based VMS)
- Segmentation of Global Video Management System Market By Deployment Mode (Cloud, On-premises)
- Segmentation of Global Video Management System Market By Organization Size (Large enterprises, Small and medium sized enterprises)
- Segmentation of Global Video Management System Market By Application (Advanced management, Case management, Data integration, Intelligent streaming, Mobile application, Navigation management, Security and surveillance, Storage management, Video intelligence)
- Segmentation of Global Video Management System Market By Vertical (Banking, financial services and insurance, Education, Government and public sector, Healthcare and life sciences, Information technology, Manufacturing and automotive, Media and entertainment, Retail, Tourism and hospitality, Transportation and logistics, Other verticals)
- Statistical Snap of Global Video Management System Market
- Growth Analysis of Global Video Management System Market
- Problems and Challenges in Global Video Management System Market
- Competitive Landscape in the Global Video Management System Market
- Impact of COVID-19 and Demonetization on Global Video Management System Market
- Details on Recent Investment in Global Video Management System Market
- Competitive Analysis of Global Video Management System Market
- Major Players in the Global Video Management System Market
- SWOT Analysis of Global Video Management System Market
- Global Video Management System Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Video Management System Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Video Management System Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Video Management System Market
7. Global Video Management System Market, By Component, 2019-2032 (USD Million)
7.1 Solution
7.2 Services
7.2.1 Professional services
7.2.2 Managed services
8. Global Video Management System Market, By Technology, 2019-2032 (USD Million)
8.1 Analog-based VMS
8.2 IP-based VMS
9. Global Video Management System Market, By Deployment Mode, 2019-2032 (USD Million)
9.1 Cloud
9.2 On-premises
10. Global Video Management System Market, By Organization Size, 2019-2032 (USD Million)
10.1 Large enterprises
10.2 Small and medium sized enterprises
11. Global Video Management System Market, By Application, 2019-2032 (USD Million)
11.1 Advanced management
11.2 Case management
11.3 Data integration
11.4 Intelligent streaming
11.5 Mobile application
11.6 Navigation management
11.7 Security and surveillance
11.8 Storage management
11.9 Video intelligence
12. Global Video Management System Market, By Vertical, 2019-2032 (USD Million)
12.1. Banking, financial services and insurance
12.2. Education
12.3. Government and public sector
12.4. Healthcare and life sciences
12.5. Information technology
12.6. Manufacturing and automotive
12.7. Media and entertainment
12.8. Retail
12.9. Tourism and hospitality
12.10. Transportation and logistics
12.11. Other verticals
13. Global Video Management System Market, By Region, 2019-2032 (USD Million)
13.1. Global Video Management System Market Size and Market Share by Region (2019-2025)
13.2. Global Video Management System Market Size and Market Share by Region (2026-2032)
13.3. Asia-Pacific
13.3.1 Australia
13.3.2 China
13.3.3 India
13.3.4 Japan
13.3.5 South Korea
13.3.6 Rest of Asia-Pacific
13.4. Europe
13.4.1 France
13.4.2 Germany
13.4.3 Italy
13.4.4 Spain
13.4.5 United Kingdom
13.4.6 Rest of Europe
13.5. Middle East and Africa
13.5.1 Kingdom of Saudi Arabia
13.5.2 United Arab Emirates
13.5.3 Rest of Middle East & Africa
13.6. North America
13.6.1 Canada
13.6.2 Mexico
13.6.3 United States
13.7. Latin America
13.7.1 Argentina
13.7.2 Brazil
13.7.3 Rest of Latin America
14. Company Profiles
14.1 Axis Communications
14.1.1 Company details
14.1.2 Financial outlook
14.1.3 Product summary
14.1.4 Recent developments
14.2 Axxonsoft
14.2.1 Financial outlook
14.2.2 Product summary
14.2.3 Recent developments
14.3 Avigilon Corporation
14.3.1 Company details
14.3.2 Financial outlook
14.3.3 Product summary
14.3.4 Recent developments
14.4 Arcules
14.4.1 Company details
14.4.2 Financial outlook
14.4.3 Product summary
14.4.4 Recent developments
14.5 American Dynamics
14.5.1 Company details
14.5.2 Financial outlook
14.5.3 Product summary
14.5.4 Recent developments
14.6 Bosch
14.6.1 Company details
14.6.2 Financial outlook
14.6.3 Product summary
14.6.4 Recent developments
14.7 Backstreet Surveillance
14.7.1 Company details
14.7.2 Financial outlook
14.7.3 Product summary
14.7.4 Recent developments
14.8 ButterflyMX
14.8.1 Company details
14.8.2 Financial outlook
14.8.3 Product summary
14.8.4 Recent developments
14.9 Camcloud
14.9.1 Company details
14.9.2 Financial outlook
14.9.3 Product summary
14.9.4 Recent developments
14.10 Citrix Systems, Inc
14.10.1 Company details
14.10.2 Financial outlook
14.10.3 Product summary
14.10.4 Recent developments
14.11 Dahua Technology
14.11.1 Company details
14.11.2 Financial outlook
14.11.3 Product summary
14.11.4 Recent developments
14.12 EInfochips
14.12.1 Company details
14.12.2 Financial outlook
14.12.3 Product summary
14.12.4 Recent developments
14.13 Eagle Eye
14.13.1 Company details
14.13.2 Financial outlook
14.13.3 Product summary
14.13.4 Recent developments
14.14 Genetec
14.14.1 Company details
14.14.2 Financial outlook
14.14.3 Product summary
14.14.4 Recent developments
14.15 Hanwha Techwin Co,
14.15.1 Company details
14.15.2 Financial outlook
14.15.3 Product summary
14.15.4 Recent developments
14.16 Honeywell International
14.16.1 Company details
14.16.2 Financial outlook
14.16.3 Product summary
14.16.4 Recent developments
14.17 Hikvision Digital
14.17.1 Company details
14.17.2 Financial outlook
14.17.3 Product summary
14.17.4 Recent developments
14.18 IndigoVision
14.18.1 Company details
14.18.2 Financial outlook
14.18.3 Product summary
14.18.4 Recent developments
14.19 Johnson Controls International
14.19.1 Company details
14.19.2 Financial outlook
14.19.3 Product summary
14.19.4 Recent developments
14.20 Kedacom
14.20.1 Company details
14.20.2 Financial outlook
14.20.3 Product summary
14.20.4 Recent developments
14.21 Mindtree
14.21.1 Company details
14.21.2 Financial outlook
14.21.3 Product summary
14.21.4 Recent developments
14.22 Milestone Systems
14.22.1 Company details
14.22.2 Financial outlook
14.22.3 Product summary
14.22.4 Recent developments
14.23 March Networks
14.23.1 Company details
14.23.2 Financial outlook
14.23.3 Product summary
14.23.4 Recent developments
14.24 Verint Systems
14.24.1 Company details
14.24.2 Financial outlook
14.24.3 Product summary
14.24.4 Recent developments
15.List of Abbreviations
16.Reference Links
17.Conclusion
18.Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
