#Alternate to genetec video player upgrade#

These factors contributed to acceleration in the proportion of revenues from recurring spending. This resulted in greater use of cloud in architectures and increased spending on software managed services. This focus on upgrading software led to end-users re-evaluating their entire back-end architectures.

#Alternate to genetec video player upgrade#

Many end-users took advantage of facilities being closed, to upgrade their software solutions. Many end-users took advantage of facilities being closed, to upgrade their software solutions Cloud infrastructure and software managed services Here, revenues from video surveillance software and managed services grew 8.8% in 2020. The report titled, вЂThe world market for video surveillance hardware and softwareвЂ™, shows that outside China, the market for of video surveillance software and managed services continued to grow slightly in 2020, despite the COVID-19 (coronavirus) pandemic. In comparison, China is served by domestic suppliers, such as Hikvision, Dahua and вЂAI unicornsвЂ™, including SenseTime and Megvii. The world, excluding China, is served not only by the вЂBig 3вЂ™, but also by a multitude of other international suppliers, each with a small market share of less than 3%. Global video surveillance market grows in 2020 However, the supply base outside China is very different to that of the Chinese domestic market. Genetec, Milestone Systems and Motorola Solutions have grown to become the вЂBig 3вЂ™ suppliers of video surveillance software, video analytics and managed services.ДЄccording to a new report from Novaira Insights, the global market for video surveillance software and managed services was worth US$ 2.2 billion in 2020, with around 69% of this outside China.