|By Business Wire||
|March 5, 2014 01:32 PM EST||
Research and Markets (http://www.researchandmarkets.com/research/9rc7qr/global_video) has announced the addition of the "Global Video Management Software Market 2014-2018" report to their offering.
The analysts forecast the Global Video Management Software market to grow at a CAGR of 18.51 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing security concerns. The Global Video Management Software market has also been witnessing the increasing demand for high-quality images. However, the lack of standardization could pose a challenge to the growth of this market.
Key vendors dominating this space are Exacq Technologies/Tyco Security Products, Genetec, Milestone Systems, and OnSSI.
Other vendors mentioned in the report are AxxonSoft, ABUS, Aimetis Corp., Cathexis International, GeoVision Inc., IProNet, Intelligent Security Systems, iMotion Security, Luxriot, MindTree Ltd., NICE Systems, Pelco, Surveon Technology Inc., Salient Systems, Video Insight Inc., Verint Systems Inc., and 3VR Inc.
Commenting on the report, an analyst from the team said: In the last few years, there has been a steady demand for high megapixel cameras. As a result, vendors in the Global IP Video Surveillance market have been increasing their high-definition camera product range. Vendors such as Arecont Vision LLC and Avigilon Corp. have cameras with more than 20 megapixels in their product portfolio. In addition, the vast majority of vendors in the market have started offering HD resolution cameras with wide dynamic range and low light capabilities. This is encouraging end-users to invest more in advanced security systems.
According to the report, one of the major drivers in the market is the increasing security concerns. The intensity and occurrence of security attacks, issues, and threats are increasing massively. The number of thefts, robberies, and terrorist attacks has increased to a great extent in recent times. In order to control the breaches of security and to reduce security attacks, end-users are adopting video surveillance systems, resulting in an increase in demand for video management software.
For more information visit http://www.researchandmarkets.com/research/9rc7qr/global_video
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Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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