Press Release / Technology / Video Management Software (VMS) Market Global Key Leaders: Exacq Technologies, Milestone Systems Inc, 3VR Inc, Geo Vision Inc, Video Insights Inc

Video Management Software (VMS) Market Global Key Leaders: Exacq Technologies, Milestone Systems Inc, 3VR Inc, Geo Vision Inc, Video Insights Inc

Video Management Software Market Scenario:
Video management software enables and supports the customers with a new solution for any application. This system provides the users for the information they have been looking for, the moment they need it in order to make decisions in time and take decisive actions on it. This system is used for applications such as digital CCTV surveillance, voice mail system, variable message sign-in, vessel monitoring systems, computer operating systems and many more.  This system when used in CCTV cameras collects the information and stores it in a storage device.
The drivers for growth in video management software market include organizations in banking and finance industry representing large portion of video surveillance market, increase in demand of businesses investing in video surveillance data while expanding, security concerns  and crime prevention. The advantage of using this system is that it offers high-definition clarity, better quality video, reduces theft and damage to any application. The drawback of using video management software is that there is no privacy as there have been cases where employees have been under constant surveillance without their permission.
Video Management Software Market is segmented on the basis of solution, deployment type, service and vertical. The solution segment consists of advanced video management, video intelligence, mobile application, case management, data integration, intelligent streaming, custom application management, navigation management, storage management and security management. By solution segment, advanced video management includes scalable and reliable video management software that feature advanced surveillance technologies which are fully integrated with on-guard. This advanced software has the ability to meet the changing demands of customers. It offers advanced video hardware options providing security and life safety that can accommodate growth and change security problems.
The Video Management Software Market is expected to grow at USD ~14 Billion by 2023, at ~22% of CAGR between 2017 and 2023. 
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Major Key Players:

3VR Inc. (U.S.),
Milestone Systems Inc. (U.S.)
Genetec Inc. (U.S.)
Exacq Technologies (U.S.)
Aimetis Corporation (Canada)
Mindtree Ltd (India)
Surveon Technology Inc. (Taiwan)
Geo Vision Inc. (Taiwan)
Imotion Security Inc. (Canada)
Video Insights Inc. (U.S.)

Segments:
The video management software market has been segmented on the basis of solution, deployment type, service and vertical.The deployment type segment consists of on-cloud and on-premise. By cloud based segment, video management software with cloud based solution makes storing and viewing video easy.
Cloud based video surveillance solution provides access from anywhere on smartphones, tablets or laptops. It also provides video sharing with managers, employees or third-parties and secure transmission & storage. The cloud based video surveillance provides up-to-date information with latest software updates. It also provides recorded videos to authorities whenever a crime event occurs. 
Regional Analysis:
Video management software consists of video analytic solution that can be added at any camera at any time. The solution consists of area alarms and restricted zones that have the ability to highlight multiple zones in a field of view and alert on activity on any of them when the activity is getting ignored in unselected areas. It has a function called as object classification that segments objects between people, vehicles and unknown objects. It also has a function called wrong motion that alerts on motion going against the flow of traffic. 
Regional analysis for video management software market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. The study reveals that North America would evolve as a leader in video management software market because of increasing urbanization which use extensive security solution including on-site security teams and thousands of cameras improving the quality of life of residents living in North America. Asia-Pacific market is slowly dominating towards the network based video surveillance systems. These systems consists of analog cameras which are connected to the video server in the network and monitored by computer or existing control room. 
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Intended Audience:

Video management software providers
CCTV installers
System integrators
System distributors
CCTV manufacturers
Original equipment manufacturers
Video analytics solution providers
Government organizations 

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