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Video management systems offer the ability to easily organize, store, retrieve and view footages that have the most impact to the end user. IP video management systems significantly contribute in the enhancement of organizations' security and also help in responding to incidents. All these functionalities are achieved simply by leveraging the existing networks and security equipment. Additionally, cloud-based video management systems offer adequate space to store videos, periodic backups, time stamping.
Cloud-based systems offer easy access to data via the internet or mobile devices. Modern video management systems are geared to efficiently provision users, devices, and network resources. Rising population in countries such as India and China is creating major opportunities for IP surveillance system for the Asian market. IP surveillance is a solution to monitor and manage highly populated areas. IT is one of the fast growing sectors in Asia Pacific with a growth rate of 10% per year, largely contributing to a better return on investment.
The adoption rate of cloud computing technology is steadily increasing in majority of the firms. In Asia, approx. 74% of the firms are adopting centralized procurement and management of services through IT. Growth in the cloud computing market has provided a perfect platform for adoption of IP surveillance technology. The ease in integration of IP video surveillance to the earlier surveillance system creates huge opportunities in conventional surveillance systems. The report highlights the adoption of Video Management Software Market in Asia Pacific.
Based on Type of Solution, the market is segmented into Video intelligence, Case management, Advanced video management, Data integration, Intelligent streaming, Custom application management, Mobile application, Navigation management, Storage management, and Security management. Based on Technology, the market is segmented into Analog-based VMS and IP-based VMS. Based on Deployment, the market is segmented into Cloud and On-Premise deployment.
The countries included in the report are China, Japan, India, South Korea, Singapore, Malaysia and Rest of Asia Pacific. Key companies profiled in the report include Canon Inc., On-Net Surveillance Systems, 3VR, Verint Systems, Salient Systems, Exacq Technologies, Axxonsoft, and Genetec Inc.