Video Management System Market Size to Reach USD 47.24 Billion in 2030 | Emergen Research
Video management systems is experiencing significant market revenue growth owing to increasing adoption of video surveillance in various industries, such as retail, transportation, and government.
- Video management systems is experiencing significant market revenue growth owing to increasing adoption of video surveillance in various industries, such as retail, transportation, and government.
- Video management systems are utilized to process and organize multiple streams of live video footage from CCTV cameras and traffic cameras on roads.
- Video management system market is highly competitive with many players offering different solutions, from traditional on-premises to cloud-based video management systems, and open platform systems.
- The video management system market is expected to register a CAGR of 20.4% over the forecast period and revenue is projected to increase from USD 8.82 Billion in 2021 to USD 47.24 Billion in 2030.