The Brazil market dominated the LAMEA Video Management Software Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $758.9 million by 2031. The Argentina market is registering a CAGR of 22.6% during 2024-2031. Additionally, the UAE market would witness a CAGR of 20.6% during 2024-2031.
Beyond security, video analytics is revolutionizing the manufacturing, logistics, banking, and healthcare industries. Companies like Tesla and Amazon use VMS to monitor production lines, detect defects, and optimize supply chain management, while banks such as HSBC and JPMorgan Chase employ AI-driven surveillance to prevent fraud and monitor customer interactions. Hospitals use video analytics in healthcare to monitor patient behavior, detect falls, and improve emergency response times. These advancements in AI, machine learning, and IoT-integrated VMS solutions are transforming business intelligence and operational efficiency, making VMS a critical tool for enterprises looking to enhance security, customer service, and strategic decision-making.
The shift toward remote and hybrid work models has increased demand for mobile and remote surveillance solutions across industries. Businesses require cloud-based VMS to remotely monitor office spaces, data centers, and operational facilities, ensuring security even when employees work off-site. Homeowners also adopt mobile-accessible surveillance systems for real-time monitoring and enhanced property protection. Accessing live video feeds, receiving instant alerts, and analyzing security data from any location has made remote surveillance an essential component of modern security strategies.
In South Africa, rising urban crime and infrastructure security challenges fuel the need for advanced VMS solutions. The South African Government’s Integrated Crime and Violence Prevention Strategy (ICVPS) has prioritized the deployment of AI-enhanced video surveillance in high-risk areas to curb violent crime, burglary, and public unrest. In addition, the South African National Roads Agency (SANRAL) has implemented smart traffic monitoring systems across Johannesburg, Cape Town, and Durban, integrating real-time VMS for highway security, toll booth monitoring, and accident detection. The expansion of critical infrastructure projects in the energy and transport sectors has also increased the demand for cloud-based, cybersecurity-enhanced video surveillance to protect against vandalism, theft, and industrial espionage. Therefore, the future of intelligent security ecosystems, urban safety, and smart surveillance will be significantly influenced by the adoption of VMS in LAMEA as nations continue to modernize their security frameworks.
List of Key Companies Profiled
- Honeywell International, Inc.
- Axis Communications AB (Canon, Inc.)
- Hangzhou Hikvision Digital Technology Co., Ltd.
- Panasonic Holdings Corporation
- Robert Bosch GmbH
- Teledyne FLIR LLC
- Zhejiang Dahua Technology Co., Ltd.
- Verint Systems, Inc.
- Genetec, Inc.
- Salient Systems
Market Report Segmentation
By Technology- Analog-Based
- IP-Based
- On-premise
- Cloud
- Retail & E-Commerce
- Government & Law Enforcement
- Banking, Financing, Services & Insurance (BFSI)
- Transportation & Logistics
- Healthcare
- Other Vertical
- Video Analytics
- Cloud Storage & Management
- Access Control Integration
- Perimeter Protection
- Remote Monitoring
- Other Application
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Companies Mentioned
- Honeywell International, Inc.
- Axis Communications AB (Canon, Inc.)
- Hangzhou Hikvision Digital Technology Co., Ltd.
- Panasonic Holdings Corporation
- Robert Bosch GmbH
- Teledyne FLIR LLC
- Zhejiang Dahua Technology Co., Ltd.
- Verint Systems, Inc.
- Genetec, Inc.
- Salient Systems
Methodology
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