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Video Management Software (VMS) Market Share

Report ID: GMI1623
Published Date: Jul 2022
Report Format: PDF

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Video Management Software Market Share

Key players operating in the video management software market are focusing on new product development strategies to strengthen their product portfolios and increase customer acquisition. For instance, in December 2021, Senstar launched the E5000 Physical Security Appliance, a hardware & VMS solution. The new launch combined the hardware with Senstar symphony and is available in two models with 8 or 16 base VMS licenses. Avaya’s UCC customers have access to critical communication tools, resources, and expertise designed to increase business recognition & growth. Several acquisitions are enabling further consolidation of the market as industry leaders are strategically acquiring companies that can complement their existing product lines and enhance their value proposition.

Some of the major VMS market participants are

3VR Security, Inc. (Identiv, Inc.)
A&H 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.
Panasonic Corporation
Pelco, Inc.
Salient Systems Corporation
Verint Systems Inc.
VIVOTEK Inc.
Zhejiang Dahua Technology Co., Ltd.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

The market size of video management software surpassed US$ 4 billion by 2021 and could expand at a strong 20% CAGR over 2022-2030, says this GMI report.

UK VMS market from mobile application solutions will see nearly 25% growth rate through 2030, with increased use of smartphones to view video feeds in real-time and the ability to access video servers remotely.

The cloud deployment model accounted for around 40% of U.S. VMS market share in 2021, which will grow due to a shift towards virtualization platforms and increased need for reliable surveillance feed storage.

Germany VMS industry from retail applications is projected to witness around 30% CAGR over 2022-2030 owing to the demand for video analytics solutions, capability to avoid stock loss or shrinkage and improve overall business operations.

Some of the major companies offering VMS solutions worldwide include Cisco Systems, Inc., Johnson Controls International Plc, Axxonsoft, Inc., Bosch Security Systems LLC, 3VR Security, Inc. (Identiv, Inc.), Panasonic Corporation, and Hangzhou Hikvision Digital Technology Co., Ltd., among many others.