Report updated on 11th September, 2021: Global Video Management Software Market by Technology Type (Analog Based VMS, IP Based VMS), By End-User (Commercial Buildings, Industrials Sector, Residential Buildings, and Others), By Deployment (Cloud base VMS, On-Premises VMS), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)
Trusted Business Insights has published a comprehensive market research report on, Global Video Management Software Market by Technology Type (Analog Based VMS, IP Based VMS), By End-User (Commercial Buildings, Industrials Sector, Residential Buildings, Transportation, Other End Users), By Deployment (Cloud base VMS, On-Premises VMS) and by Region -Global Forecast to 2030, which offers a holistic view of the global Video Management Software market through systematic segmentation that covers every aspect of the target market.
The global Video Management Software market is projected to be US$ 5,031.2 Mn in 2020 to reach US$ 13,274.6 Mn by 2030 at a CAGR of 10.2 %.
Video management software is a vital component which acts as an interface for the video surveillance system. Video management software enables one to review and analyse the recorded footage. Rising penetration of video surveillance in a broad range of applications such as smart city projects, transportation, cross-border activities, facility safeguarding etc. is expected to drive the market. Security threats are increasing all over the world, and hence, the use of video analytics is increasing in developed nations. This is anticipated to drive the VMS market.
Development of cloud-based video recording -The prime factor is driving the adoption of video management software market is the development of cloud-based video recording which helps in bringing down upfront costs, built-in system management, and the capacity to store chronicles offsite while getting to them from anywhere.
Expanding usage of IP-based VMS -Expanding usage of IP-based VMS in emerging nations and its easy installation are fueling the market growth of video management software.
Global Video Management Software Market Revenue (US$ Mn), 2021 to 2030
High-definition clarity and better quality videos of advanced IP-based VMS -Owing to the high-definition clarity and better quality videos of advanced IP-based VMS which enables the system several tasks such as behaviour monitoring, capture real-time incidents, reduce theft and damage to any application will enhance the market growth of video management software in the near future.
However, the lack of cooperation among security arrangements and issues related to privacy might thinning video management software market growth. High-resolution videos need maximum storage capacity, which expected to curb market growth of video management software.
Global video management software market is segmented on the basis of technology type, end-user, deployment and region. On the basis of technology type, the market is segmented into analogue based VMS and IP based VMS. IP based VMS segment accounts for the majority share in the global video management software market. On the basis of end-user, the market is segmented into commercial buildings, industrials sector, residential buildings, transportation and other end-users. Commercial buildings segment accounts for the majority share in the global video management software market. On the basis of deployment, the market is segmented into cloud base VMS and on-premises VMS. Cloud base VMS segment accounts for the majority share in the global video management software market and is expected to register the highest growth rate over the forecast period.
Global Video Management Software Market by Technology Type, 2018
On the basis of region, the market is segmented into North America, Europe, Asia-Pacific, South America, Middle East Africa. North America accounts for the majority share in the global video management software market, followed by Europe. Asia-Pacific is expected to register the highest growth rate over the forecast period, owing to expanding usage of IP-based VMS in the region. Regions such as South America and Middle East Africa are expected to register stable growth over the forecast period.
The research report on the global video management software market includes profiles of some of the major companies such as Canon Inc., Genetec Inc., Verint Systems Inc., Magal Security Systems Ltd., Panasonic Corporation, Schneider Electric S.E., Hangzhou Hikvision Digital Technology Co., Ltd.
Below are the active patents related to Video Management Software Market.
Patent Number: US7859564B2
Video surveillance system
Abstract
Viewing a three dimensional area from numerous camera angles at different exposures using intensity and chromaticity data at the different exposures to create a pixel model for each pixel. A current image is compared with the background model to find pixels that have changed from their pixel model. These novel pixels are processed using contiguous region detection and grouped into foreground figures. For each camera, software extracts features from each foreground figure. A central processor maintains an object model for each foreground figure. A graphical user interface displays the relative location of foreground figures in a world model. The location and identification of the foreground figures is checked against a table of permissions so as to selectively generate an alert. If a figure leaves or is about the leave a cell, the invention accounts for its approximate position and notifies adjacent cells of the expected arrival of the foreground figure.
Application File Date: 2007-08-07
Application Granted Date: 2010-12-28
Current Assignee: Model Software Corp
Patent Number: US8781293B2
Correction method for object linking across video sequences in a multiple camera video surveillance system
Abstract
The invention discloses a correction method and system for object linking in video sequences that are captured by a multiple camera surveillance video system. The invention allows a user to select a specific object to track and for trace correction through an interactive user platform. The interactive user platform shows a video sequence captured by the user-selected camera at the selected time; lists of previous and post video sequences related to the user-selected object or video sequences, and lists of object linking results before and after the selected time. The user refers to the linking results, shown in lists of object linking results before and after the selected time to select one of objects for correction in selected frame of selected video sequence. The selection directs the proposed system to correct the trace of the specific object to track. Henceforth, the correct linking results can be automatically generated.
Application File Date: 2012-08-20
Application Granted Date: 2014-07-15
Current Assignee: Gorilla Technology Inc
Patent Number: US20090021583A1
Custom video composites for surveillance applications
Abstract
A video surveillance system includes a plurality of video sources, where each video source is arranged to monitor and acquire video surveillance data within a field of view (FOV), a video manager connected to each of the plurality of video sources to control the video sources and to process video surveillance data acquired therefrom and a user interface connected to the video manager that allows an end-user to observe the FOVs from each of the plurality of video sources, and identify a region of interest (ROI) within particular FOVs to dynamically render a composite FOV comprising the ROIs from the particular FOVs. Where a video source includes enhanced abilities, such as a mega-pixel camera or video source, the enhanced video source may forward, instead of video data for the entire FOV, only that video dated from the selected ROI to realize reduced network traffic for more optimal video surveillance applications.
Application File Date: 2007-07-20
Application Granted Date: 2014-03-18
Current Assignee: Honeywell International Inc
Key Market Segments:
By Type
- Video intelligence
- Case management
- Advanced video management
- Data integration
- Intelligent streaming
- Custom application management
- Mobile application
- Navigation management
- Storage management
- Security management
By Technology
- Analog based video management software
- IP based video management software
By Service
- Professional services
- Managed services
By Deployment
By Vertical
- Banking, Financial Services, and Insurance (BFSI)
- Government
- Healthcare and life sciences
- Manufacturing and automotive
- Retail
- Transportation and logistics
- Media and entertainment
- Telecom and Information Technology (IT)
- Education
- Real estate
- Energy & utility
- Tourism and hospitality
- Others (residential & commercial, traffic monitoring, and corrections)
Key Market Players included in the report:
-
- 3VR (U.S.)
- A&H Software
- Aimetis Corporation(Canada)
- Axis
- AxxonSoft (Germany)
- Canon Inc.
- Cathexis
- CDV
- Dahua
- Exacq Technologies (U.S.)
- Genetec (U.S.)
- Hangzhou Hikvision Digital Technology Co.Ltd
- Hikvision
- IProNet
- ISS
- KEDACOM
- Magal Security Systems Ltd.
- Milestone Systems (Denmark)
- MindTree
- On-net Surveillance System Inc.(U.S.)
- Panasonic Corporation
- Pelco
- Qognify(NICE Systems)
- Salient Systems (U.S.)
- Schneider Electric S.E.
- SOBEYCLOUD
- Tyco Security
- Verint Systems (U.S.)
- Video Insight
- ZNV
Below are the key development related to Video Management Software Market in 2020 and 2021.
April 2021: K1 Investment Backs Video-Management Software Maker Panopto The private-equity firm is providing fresh capital as the company expands amid a surge in remote meetings and learning. Private-equity firm K1 Investment Management has acquired a majority stake in video-management system provider Panopto Inc. as the company expands to meet growing demand from teachers and businesses for searchable digital recordings.
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April 2021: Identiv Launches Unified, Open-Platform Video Management System With Data-Enabled, Real-Time Security Intelligence. Identiv, Inc., a global leader in digital identification and security, announced the launch of Velocity Vision, a unified, open-platform video management system (VMS) built to provide a data-enabled security solution delivering intelligence in a single-pane-of-glass view. The significant product release collects more intelligent security and business data to support complex security strategies, reduces the gap between siloed systems and data capture, and makes it easier to connect external systems and data for use in dashboards, maps, and investigations.
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June 2020: Quanergy secures first AI-powered 3D LiDAR integration with Genetec. Collaboration adds operational intelligence to manage social distancing for occupancy density and flow management. SUNNYVALE, Calif. Quanergy Systems, Inc., a leading provider of LiDAR (Light Detection and Ranging) sensors and smart perception solutions, has announced the first commercial integration of 3D AI-powered LiDAR solutions with the Genetec Inc. (“Genetec”), Security Center unified security platform. The integrated solutions will provide advanced people flow and occupancy management in smart spaces as well as enhanced threat detection and surveillance in high-security environments. Quanergy’s high-performance AI-powered 3D LiDAR solution will be integrated to the Genetec unified security platform, allowing its use in multiple specialized Security Center modules including Restricted Security Area, Passenger Flow Analytics, and Occupancy Management package to help automate security, people counting and social distancing applications. Adding Quanergy’s 3D LiDAR and sensor data flow to Genetec Security Center provides increased real-time accuracy for a clearer read on actual footfall traffic, occupancy and proximity in a wide variety of industrial applications from transit systems, airports and industrial facilities to public facing businesses including banking and retail.
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October 2020: Eagle Eye Networks Raises $40M for Its AI-Powered Video Surveillance.
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