Global Video Management Software Market Size, Forecast, and Trend Highlights Over 2025-2037
Video Management Software market size was valued at USD 8.6 billion in 2024 and is likely to cross USD 103.1 billion by 2037, registering more than 23% CAGR during the forecast period, i.e., 2025-2037. In 2025, the industry size of video management software is estimated at USD 10.5 billion.
The increasing security concern, coupled with the rapid surge in video surveillance and high-quality video processing, is anticipated to drive growth in the market. According to the Observer Research Foundation, till June 2024, over 122.1 million households in the world were using security cameras, which is further poised to reach 180.7 million by 2027. It also mentioned that these solutions were significantly helpful in crime-solving for 65.0% of the cases registered in 2024. In addition, both commercial and retail entities are becoming more aware of the importance of installing VMS, magnifying investments in this sector. The extensive use of insights from these tools also escalates their understanding of customer behavior, feeding profitable inputs to business intelligence.
Currently, the strict regulations on data protection and security monitoring are pushing companies, irrespective of size, to invest in the market. These systems help them maintain compliance while offering a user-friendly interface. For instance, in December 2024, Hikvision a professional-grade AI-powered video management software (VMS), HikCentral Lite, for small and medium businesses (SMBs). This is specifically engineered to enable robust and streamlined security and offers a no-cost starter package that supports up to 16 cameras and 2 doors, making it an affordable and powerful option for these individuals. These features increase accessibility in this sector by broadening the product pipeline and consumer base.
Video Management Software (VMS) Sector: Growth Drivers and Challenges
Growth Drivers
- Wide integration of IoT devices in every discipline: The increasing penetration of IoT applications and the rising popularity of remote video analytics is predicted to upsurge demand in the video management software market globally. The seamless compatibility with such handheld electronics, including mobile phones and tablets, is enhancing the utility and adoption of these commodities. This can also be testified by the rapid expansion in the global industrial IoT market, which is predicted to reach USD 582.2 billion by 2025 and USD 2.8 trillion by 2037. Furthermore, user convenience and simplified operations attained through IoT devices are influencing several industries to adopt these access control systems.
- Enhanced performance from AI and cloud: The introduction of technological advances such as AI, deep learning, and cloud analytics are revolutionizing the efficacy of offerings from the market. Escalated features such as facial recognition, behavior analysis, automation, and scalable data processing are adding more value to this sector. For instance, in March 2025, Milestone Systems expanded its VMS portfolio with the release of XProtect 2025 R1, providing extensive cloud integration capabilities and advanced vehicle identification video analytics. This ecosystem consists of Arcules Plugin and License Plate Recognition (LPR) extension, supporting XProtect Professional+, Expert, and Corporate editions.
Challenges
- Limitations in worldwide implementation: The increasing number of cybercrimes and high initial cost associated with the video management software market is anticipated to be the major setback. Despite the benefits of connectivity, these integrations also bring the risk of cyberattacks. In addition, it may become expensive for legacy systems to support such advanced tools, as they require significant upgradation in the existing infrastructure. The extensive expenses on bandwidth and storage requirements may also discourage small businesses from adopting these solutions, restricting maximum engagement in this sector.
Video Management Software (VMS) Market: Key Insights
| Report Attribute | Details |
|---|---|
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
23% |
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Base Year Market Size (2024) |
USD 8.6 billion |
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Forecast Year Market Size (2037) |
USD 103.1 billion |
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Regional Scope |
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Video Management Software Segmentation
Type (IP-based VMS, Analog-based VMS)
The IP-based VMS segment is anticipated to lead the video management software market throughout the assessed period. This is attributed to the various enhanced qualities of this subtype such as high camera resolution, low cost, and scalability. Additionally, the IP cameras, coupled with the VMS technology, offer better business intelligence with easy integration and remote accessibility, which enhances the overall surveillance system. Thus, this segment has a comparatively wider consumer base than the other type, making it a priority for global pioneers. On this note, in October 2024, VIVOTEK launched an all-in-one remote management software service, Device Manager, for large enterprises. This next-generation security solution features smooth network camera management, IP assignment, and firmware updates.
Application (Manufacturing and automotive, Transportation and logistics, Government, Healthcare and life sciences, Education, Others)
The government segment is poised to be the largest shareholder in the video management software market by 2037. The increasing use of this technology to enhance safety and national security against terrorism, border control, and civil unrest in every country is a primary driver behind this segment’s leadership. Additionally, the growing focus and investments in smart city projects, incorporating video surveillance as the core component in public spaces, transportation hubs, and critical infrastructure, are ensuring a continuous flow of business from this segment. For instance, in March 2021, the Ministry of Housing and Urban Affairs reported that the government spent around USD 2.4 billion in the previous 5 years on more than 5,100 projects.
Our in-depth analysis of the global video management software (VMS) market includes the following segments:
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Type |
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Application |
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Deployment Type |
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Vishnu Nair
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Video Management Software (VMS) Industry - Regional Synopsis
North American Market Forecast
North America is expected to hold the largest share of the global market over the discussed timeline. The presence of a highly developed security system, coupled with the rapid expansion of cloud-based infrastructure in the region is fueling its proprietorship. Additionally, being home to several software pioneers, such as Honeywell International, Verint Systems, and American Dynamics, this region is becoming a hub of innovation for this field, attracting more participants. For instance, in February 2022, Dragonfruit AI commenced its operations in this sector by launching a cloud video management platform, Frontier, for multi-location enterprises.
The wide use of surveillance cameras in various industries and residencies in the U.S. is propelling demand in the regional VMS market. As per the U.S. Bureau of Labor Statistics, employment in nationwide security system services is projected to grow at a rate of 13.6% by 2029 from 2019, accounting for 170.0 thousand. It also mentioned that over 85.0 million surveillance cameras were installed across this country till 2021. Furthermore, the penetration of AI in tech-based management solutions is creating new business opportunities for both domestic and international investors. In this regard, in June 2023, Qognify introduced the latest iterations of its VMS portfolio, Qognify VMS 7.3 and Umbrella 8.0, which are capable of accelerating investigations and improving real-time incident handling.
APAC Market Forecast
Asia Pacific is poised to be the fastest-developing region in the global market by the end of 2037. The increasing expenditure by the government and escalating industrialization and urbanization across the region is anticipated to boost its growth. For instance, in March 2021, a report from the Ministry of Housing and Urban Affairs in India highlighted that over 40.0% of the national population is predicted to live in cities by 2030. Another estimation from the United Nations concluded the APAC urban population to increase by 50.0% (an additional 1.2 billion) by 2050. These figures indicate the exponential propagation of this region in this field.
China is augmenting the video management software (VMS) market with its exceptional capabilities in producing security systems. To testify to this fact, in November 2024, the University of Denver positioned this country as the largest manufacturer of mass surveillance technology. The contribution of China to the worldwide supply (770.0 million) of these video monitoring systems was calculated to be 54.0% till 2024. Moreover, the accumulative impact of national security awareness, smart city projects, and wide monitoring networks is fostering lucrative scopes of investment in this landscape. To grab this opportunity, in August 2024, VIGI by TP-Link introduced a free and unlimited public cloud-hosted VMS, VIGI Cloud VMS, offering remote control over multiple sites.
Companies Dominating the Video Management Software (VMS) Landscape
- Honeywell International Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Salient Systems
- AxxonSoft
- Schneider Electric
- Milestone Systems
- On-Net Surveillance Systems
- Aimetis Corp.
- Tyco Security Products
- 3VR Inc.
- Verint Systems Inc
- Genetec Inc.
- March Networks
- Bosch Sicherheitssysteme GmbH
- Surveon Technology Inc.
- Hanwha Techwin Co., Ltd.
- IDIS Co., Ltd.
The market is progressing with continuous upgrades in the product pipeline by key players. For instance, in September 2024, Milestone launched the latest update in its portfolio, XProtect 2024 R1, with enhanced cybersecurity, efficiency, customization, and compliance. Simultaneously, the dynamics are changing with the introduction of current technological advances. In this regard, in December 2024, Panasonic displayed its two new surveillance and advanced security solutions, AI-enabled High Zoom Bullet Camera and X-series Camera, at the IFSEC India 2024. Similarly, in April 2024, Axis Communications unveiled an open hybrid cloud platform, Axis Cloud Connect, adding more security, flexibility, and scalability in operations and management. Such key players are:
Recent Developments
- In April 2025, IDIS launched a patented, real-time privacy masking solution, IDIS Smart Privacy Masks, enabling more accurate, reliable, and responsive real-time video surveillance operations. This system is designed to mitigate the issues of distinguishing people from objects.
- In February 2025, Hanwha Vision upgraded the Wisenet WAVE video management system (VMS) by unveiling its 6.0 version. This update is embedded with more intuitive user management features such as improved and redesigned user management, temporary users, and LDAP integration.
- Report ID: 825
- Published Date: May 06, 2025
- Report Format: PDF, PPT
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