Global Video Management Software Market: High-growth Regions to Expand Geographic Footprint 2020- 2026

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Global Video Management Software Market
High-growth Regions to Expand Geographic
Footprint 2020- 2026
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Industry Overview

• Accordingly, to Global Market Insights research
  report video management software market
  Increasing adoption of surveillance systems owing
  to growing security concerns across the globe is
  likely to propel in the coming years. Increasing
  adoption of these systems is subsequently giving
  rise to the need for effectively managing these
  systems, creating significant product demand in
  the process.
• The rising demand for advanced security measures
  for monitoring social gatherings, ensuring
  facility protection, and cross border protection
  are likely to further support the market growth
  for video management software Market products.
  The abilities to monitor as well as manage
  expansive surveillance devices effectively is
  augmenting the demand for video management
  software Market solutions. The software provides
  a structured access to the diverse array of data
  that is stored as well as collected through the
  surveillance devices.
• Additionally, VMS software also comes with
  built-in advanced technologies like AI, facial
  recognition, and video analytics. This further
  aids in making the complex application processes
  simple in the surveillance systems.

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• According to a Global Market Insights, Inc.,
  research report, the overall video management
  software market is likely to surpass 10 billion
  by 2026.
• In terms of component, the solution segment of
  advanced video management is likely to hold a key
  industry share by 2026. The growth is ascribed to
  several technological advancements in
  surveillance devices and systems. Vendors of VMS
  solutions are increasingly incorporation
  Artificial Intelligence based technologies and
  enhanced video analytics capabilities into their
  video management software Market products.
• This integration of AI and computer vision helps
  in early identification of suspicious events
  during surveillance. This also helps the
  enterprises to incorporate the VMS software with
  the surveillance systems in order to create a
  strong surveillance infrastructure.
• Meanwhile, IP-based technology is likely to
  register a significant share in the overall video
  management software market landscape with a
  growth rate of more than 20 CAGR through
  2020-2026. The demand for these IP-based CCTV
  systems and devices is growing throughout the
  established corporate enterprises owing to the
  flexibility as well as remote accessibility these
  devices facilitate.

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Growth Drivers

• Rising concerns about security
• Increasing demand among organizations from
  developing regions
• Need for high quality data processing
• Technological advancements in video surveillance

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• 3VR Security, Inc. (Identiv, Inc.), AH Software
  House, Inc. (Luxriot.), Aimetis Corporation
  (Senstar), Avigilon Corporation (Motorola
  Solutions Inc.), Axis Communications AB (Canon
  Inc.), AxxonSoft, Inc., Bosch Security Systems
  LLC, Cathexis Technologies Pty Ltd., Cisco
  Systems, Inc., Exacq Technologies, Inc., Genetec
  Inc., Hanwha Techwin Co., Ltd., Hangzhou
  Hikvision Digital Technology Co., Ltd.
  (Hikvision), Honeywell International Inc.,
  iMotion Security, Intelligent Security Systems,
  Inc. (ISS), Johnson Controls International Plc.,
  KEDACOM, March Networks Corporation, Milestone
  Systems A/S, Mindtree Limited, Netposa
  Technologies Ltd., Qognify Ltd. (On Net
  Surveillance Systems), Panasonic Corporation,
  Pelco, Inc., Salient Systems Corporation, Verint
  Systems Inc., VIVOTEK Inc., and Zhejiang Dahua
  Technology Co., Ltd. are some of the key players
  operating in the video management software
  market.

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