The Video Management System Market size was valued at USD 13.02 Billion in 2023 and is estimated to reach USD 87.01 Billion in 2032 with a growing CAGR of 23.5% Over the Forecast Period of 2024-2032.
The Video Management System Market supports the efficient handling, recording, and analysis of video footage, primarily for surveillance and security purposes. These systems are widely used across industries such as retail, transportation, and smart cities.
Growth drivers include the integration of AI for real-time analytics, increasing adoption of IP-based cameras, and the demand for centralized management solutions. Leading vendors include Milestone Systems, Genetec, and Avigilon.
As the need for intelligent surveillance grows, the VMS market is set to witness substantial advancements and adoption.
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