Video Management Software Market Revenue, Pricing Trends, Growth Opportunity, Regional Outlook And Forecast To 2025 Video Management Software Market Report provides in-depth analysis of industry by production, share, size, Demand, Proposition, Development, Opportunities, Growth, Economic Trends, Technologies Research, Segmentation, Key Futuristic, Investment Feasibility, Major Key Players, SWOT analysis and Forecast.
The global Video Management Software Market is expected to attain USD 4.79 billion, by the end of 2025, and is anticipated to grow at the CAGR of 18.8% during the forecast period, 2019 to 2025, according to a new report by Million Insights. Increasing adoption of video monitoring, and video surveillance solutions for traffic management, facility protection is projected to surge the market growth. In addition, these software tools are used for managing multimedia like playback, video streaming, and storage functions. The growing awareness about benefits provided by video management software (VMS), and increasing investment in smart city initiatives for city surveillance is expected to contribute to market growth. Additionally, the rising trend of high-efficiency video coding or H.265 video compression standards and built-in intelligence technologies is projected to bolster the market growth. The unified VMS system help user to merge IP videos and analog videos along with a cost-effective approach.
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VMS tools can be easily integrated with digital cameras as per the consumer requirement. Moreover, increasing demand for IP cameras and CCTV cameras for surveillance and security applications is also significantly boosting the market growth. Software solutions help users to enhance monitoring capabilities and situational awareness. The government authorities, law agencies also use imagery, and HD videos to track and identify criminals.