Video Management Software (VMS) Market To Hit $10 Billion by 2026
A study by Global Market Insights shows the video management software (VMS) industry is set to surpass $10 billion by 2026.
The study also showed that the video management software market exceeded $3 billion in 2019 and is poised to grow at a CAGR of more than 18 percent between 2020 and 2026. The market growth is attributed to increasing demand for intrusion and threat detection across government organizations, military, corporate buildings, airports and seaports.