The Business Research Company’s Video Management System Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Video Management System Global Market Report 2023 evaluates video management system market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global video management system market size will grow from $8.98 billion in 2022 to $11.12 billion in 2023 at a compound annual growth rate (CAGR) of 23.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the video management system is expected to grow to $24.12 billion in 2027 at a CAGR of 21.4%.
An increase in security surveillance is expected to propel the growth of the video management system market going forward. Surveillance refers to the monitoring of the behaviour and activities for information gathering, influencing, and managing. The video management system is used to manage data streamed from various surveillance devices such as security cameras. It helps the user to access real-time videos, record, store, and playback recorded videos, and derive useful insights from the surveillance site. For instance, according to an article published in August 2022 by EarthWeb, a US-based provider of internet-based online services, the United States has 15.28 cameras per 100 people and China has 14.36 cameras installed per hundred. Therefore, an increase in security surveillance is driving the growth of the video management system market.
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The video management system market segments in the report are:
1) By Component: Solution, Services
2) By Technology: Analog-Based VMS, IP-Based VMS
3) By Organization Size: Large Enterprises, Small and Medium Enterprises (SMEs)
4) By Deployment Type: On- Premises, Cloud
5) By Application: Mobile Application, Intelligent Streaming, Security And Surveillance, Storage Management, Data Integration, Case Management, Navigation Management, Other Applications
The table of contents in TBRC’s video management system market report includes:
1. Executive Summary
2. Video Management System Market Characteristics
3. Video Management System Market Trends And Strategies
4. Video Management System Market – Macro Economic Scenario
5. Video Management System Market Size And Growth
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26. Africa Video Management System Market
27. Video Management System Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Video Management System Market
29. Video Management System Market Future Outlook and Potential Analysis
30. Appendix
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