SURVEILLANCE
Video management software market Top trends boosting the industry growth through to 2026
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ccording to a recent study from market research firm Graphical Research, the global video management software market size is set to register a significant growth during the forecast timeframe. VMS is a part of security camera system that collects visual data from various cameras installed at different places and stores them in a storage device. VMS is gaining momentum in its demand among end-users because of rise in the number of theft and other crime incidents across the world. Organizations are now installing
42 | August 2021 | IN SECURITY
security systems at their premises which will help them keep a track of the events happening through the day and night. There are modern VMS systems that have in-built high-performance processing capabilities along with strong video decoding skills and excellent support for low-light conditions. These features will be quite useful in improving the security of poorly lit areas and can help record videos in challenging conditions as well. All these factors will play an important role in boosting global video management
software market potential. Some of the top trends that will keep this industry afloat are explained below: Role of VMS system in European tourism: Europe video management software market is estimated to be worth more than $2 billion by 2026. A major reason for this is the growing tourism sector in the region. Many countries across Europe are dependent on tourists to a large extent for their economic progress and development. The high influx of foreign population