Video Management Software (VMS)

Video Management Software (VMS)

Global Video Management System (VMS) Market to Reach $21 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Video Management System (VMS) estimated at US$6.6 Billion in the year 2020, is projected to reach a revised size of US$21 Billion by 2027, growing at aCAGR of 18% over the period 2020-2027. Analog-Based, one of the segments analyzed in the report, is projected to record 16.7% CAGR and reach US$12.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the IP-Based segment is readjusted to a revised 19.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.8 Billion, While China is Forecast to Grow at 24.8% CAGR

The Video Management System (VMS) market in the U.S. is estimated at US$1.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$5 Billion by the year 2027 trailing a CAGR of 24.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.4% and 15.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.7% CAGR.Select Competitors (Total 44 Featured) - 3VR, Inc.Aimetis CorporationAxxonSoftExacq Technologies, Inc.Genetec, Inc.March Networks CorporationMilestone Systems A/SOn-Net Surveillance Systems, Inc. (OnSSI)Salient Systems CorporationVerint Systems, Inc.Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

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