Top Companies in Video Management Software Market | Major Players Comprehensive Report by Vantage Market Research

Upcoming Trends in Video Management Software Market  

The Global Video Management Software Market is valued at USD 9.8 Billion in the year 2021 and is projected to reach a value of USD 33.4 Billion by the year 2028. The Global Market is projected to grow to exhibit a Compound Annual Growth Rate (CAGR) of 22.7% over the forecast period. Video surveillance systems are widely deployed with large systems for use in strategic places such as home security, public transportation, banks, ATM centers, city centers, airports, and public roads, and play a vital role in protecting critical infrastructures. As various attacks are possible in these systems, identifying attacks and considering suitable security measures are essential.

Surveillance systems have become more and more popular in recent times. Government and private organizations, residential societies, and commercial and public spaces, are using these systems to keep a check on various activities for security and safety purposes. Rising security threats in these organizations are the key reasons for deploying Video Management Software (VMS) and Video Surveillance Systems (VSS). Smart cameras have exploited the benefits of computer vision, machine learning and automation. IoT helps to connect network-enabled cameras with other devices and systems and thus transforms secure surveillance into smart security surveillance systems.

Some of the key players operating in the Video Management Software Market are listed below:

1. 3VR Security, Inc. (Identiv Inc.)

3VR Security, Inc. was acquired by Adentiv. The Company was established in 2002. Headquartered in the U.S., the company conducts its operations worldwide. The company is a privately held organization and Steven Humphreys is the CEO. The company operates in four business segments Physical Access Control and Video, Logical Access Control, Credentials, RFID Inlays, and Tags. As of 2020, the company had about 90 employees. The company has specialized in video and data analytics solutions that provide real-time intelligence designed to make security operations smarter by allowing them to see, record and react to environments, freeing up security teams to act faster and mitigate risk. The company is listed on NASDAQ as (NASDAQ: INVE).

2. Amietis Corp.

Amietis Corp. is a Canadian company located in waterloo. The company offers integrated intelligence video management solutions for security surveillance and business intelligence applications. The company was founded in 2003 and is a privately held organization. The uniqueness of the company is in providing a single platform for easy migrating customers from a single analog system to intelligence IP video systems.

3. Avigilon

Avigilon is a Canadian subsidiary of Motorola Solutions, specializing in the design, development, and manufacture of advanced AI, video analytics, network video management software, hardware, surveillance cameras, and access control products. The company was founded in 2004 by Alexander Fernandes and is headquartered in Vancouver, Canada. In 2020, the company generated revenue of USD 408.63 Million and has numerous subsidiaries such as RedCloud, Inc., Avigilon Fortress Corporation, Avigilon USA Corporation, and VideoIQ, Inc.

4. Axis Communications

Axis Communications is a Swedish company located in Lund. The company was founded in 1984 and offers various surveillance services such as modular cameras, panoramic cameras, thermal cameras, and video management software.  In 2020, the company had 3,646 employees working across major locations worldwide. The company is the parent organization of Canon Inc. which is listed as 7751 (TYO) on the Tokyo stock exchange. Canon Inc. generated revenue of USD 30.39 billion in 2020.    

5. Bosch Security Systems LLC

Bosch Security Systems LLC is a subsidiary organization of Bosch Group. Bosch Security Systems LLC was established in 2002. The company manufactures various products for security systems. The current president of the company is Thomas Quante. The Bosch division Building Technologies is a leading global supplier of security, safety, and communications products and systems. In selected countries, Bosch offers solutions and services for building security, energy efficiency, and building automation.   

6. Hangzhou Hikvision Digital Technology Co., Ltd.

Hangzhou Hikvision Digital Technology Co., Ltd., often shortened to Hikvision, is a Chinese state-owned manufacturer and supplier of video surveillance equipment for civilian and military purposes, headquartered in Hangzhou, Zhejiang. Its controlling shares are owned by the Chinese government. The company is listed on the Chinese stock exchange as 002415 (SHE). As of today, the company has 42,685 working across its major locations.   

7. Milestone Systems

The company was founded in 1998 and is the parent organization of Canon Inc. the company provides video surveillance solutions and services to major industries. The company has various subsidiaries such as Milestone Systems, Inc., Connex International, Inc.  

8. Cisco Systems Inc.

Cisco Systems, Inc. designs, manufactures, and markets Internet Protocol-based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company is listed on the NASDAQ stock exchange. It is engaged in offering infrastructure platforms, including networking technologies of switching, routing, wireless, and data center products that are designed to work together to deliver networking capabilities, and transport and/or store data. The company also offers collaboration products comprising unified communications, Cisco TelePresence, conferencing, the Internet of Things, and analytics software. In addition, it provides security products, such as network security, cloud, and email security, identity and access management, advanced threat protection, unified threat management products; and cloud and system management products. Further, the company offers a range of service and support options for its customers, including technical support and advanced services. It serves businesses of various sizes, public institutions, governments, and service providers. The company distributes its products and services directly, and also through systems integrators, service providers, other resellers, and distributors. As of July 2019, Cisco Systems, Inc. has employed over 75,900 employees.

9. Zhejiang Dahua Technology Co., Ltd.

Zhejiang Dahua Technology Co., Ltd. is one of the leading video-centric smart IoT solutions and service providers. Based on technological innovations, company offers end-to-end security solutions, systems, and services to create value for city operations, corporate management, and consumers. The company has around 16,000 employees all over the world and Dahua solutions, products, and services are used in over 180 countries and regions. The company has 54 subsidiaries and representative offices globally covering Asia, the Americas, Europe, the Middle East, Oceania, Africa, etc.

10. DSX Access Systems, Inc.

DSX Access Systems, Inc., founded in 1984, is a privately held corporation headquartered in Dallas, Texas. DSX products are sold all across the world through dealers. DSX has dealers that are located in the United States, Canada, Mexico, and various other countries.

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