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Global Video Management Software Market 2019-2023| Evolving Opportunities with Honeywell International Inc. and Johnson Controls | Technavio

November 20, 2019 GMT
Global Video Management Software Market 2019-2023| Evolving Opportunities with Honeywell International Inc. and Johnson Controls | Technavio
Global Video Management Software Market 2019-2023| Evolving Opportunities with Honeywell International Inc. and Johnson Controls | Technavio

LONDON--(BUSINESS WIRE)--Nov 19, 2019--

Technavio has been monitoring the global video management software market since 2014 and the market is poised to grow by USD 9.34 billion during 2019-2023 at a CAGR of over 27% during the forecast period. Request Free Sample Pages

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Technavio has announced its latest market research report titled global video management software market 2019-2023. (Graphic: Business Wire)

Read the 115-page research report with TOC on ”Video Management Software Market Analysis Report by End-users (Public, Commercial, and Residential), by Geography (APAC, Europe, MEA, North America, and South America), and Segment Forecasts, 2019 - 2023″.

The market is driven by the increasing demand for intelligent transport systems (ITS). In addition, the emergence of smart cities is anticipated to further boost the growth of the video management software market.

Intelligent transport systems (ITS) such as container management systems, variable message signs, and traffic signal control systems are integrated with video surveillance cameras. These systems not only help in managing traffic-related issues but also provide real-time information from the video feeds of the installed cameras. These video surveillance cameras are integrated with video management software (VMS). Thus, the increasing demand for intelligent transport systems (ITS) will boost the demand for VMS in cameras, thus driving market growth during the forecast period.

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Major Five Video Management Software Market Companies:

Honeywell International Inc.

Honeywell International Inc. is headquartered in the US and operates the business under various business segments such as Aerospace, Home and Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. The company offers systems such as Honeywell’s MAXPRO VMS (video management system) for public, commercial, and residential purposes.

Johnson Controls

Johnson Controls is headquartered in Ireland and offers products through the following business units: Building Technologies & Solutions and Power Solutions. The company offers P2000 Video Management System (VMS) for public, commercial, and residential purposes.

Milestone Systems A/S

Milestone Systems A/S is headquartered in Denmark and offers XProtect Essential+, which is ideal for small businesses. The company is focusing on expanding its business by opening new offices across regions.

Milestone Systems

Milestone Systems is headquartered in Germany and offers products through the following business segments: Mobility Solutions business sector, Industrial Technology business sector, Consumer Goods business sector, and Energy and Building Technology business sector.

Schneider Electric

Schneider Electric is headquartered in France and offers products through the following business segments: Schneider Electric, Medium Voltage, Secure Power, and Industrial Automation. The company offers VideoXpert Enterprise, which is used to manage all video through a single system.

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Video Management Software End-Users Outlook (Revenue, USD Million, 2019 - 2023)

  • Public
  • Commercial
  • Residential

Video Management Software Regional Outlook (Revenue, USD Million, 2019 - 2023)

  • APAC
  • Europe
  • MEA
  • North America
  • South America

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.Request a free sample report

Related Reports on Information Technologyinclude:

Audio and Video Editing Software Market – Global Audio and Video Editing Software Market by end-users (commercial and personal) and geography (APAC, Europe, MEA, North America, and South America).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191119006099/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:media@technavio.com

Website:https://www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: SOFTWARE TECHNOLOGY AUDIO/VIDEO SECURITY

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 11/19/2019 10:00 PM/DISC: 11/19/2019 10:01 PM

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