Videonetics market share is more than the aggregate of total market share of 2nd to 4th ranked VMS providers, which is a huge achievement and a testimony of its undisputed leadership in the VMS segment. Videonetics is also the youngest and the only Indian VMS provider in the top 5 listing. Recently, Videonetics was also ranked amongst top 5 VMS providers in the Asian market with a market share of 5.4%. IHS Markit rankings are adjudged using a robust rating scale and evaluated based on percentage revenue growth, competitive advantage, size and innovation capabilities over the years.

Commenting on the achievement, Dr. Tinku Acharya, Fellow IEEE, Founder & MD, Videonetics said, “It is a prestigious honour to be recognised as an industry leader in VMS by IHS Markit. This recognition validates our drive for high performance, innovation, differentiation and scalability.”

“Building upon our award winning and patented AI and deep learning framework, we continue to achieve widespread adoption of our Unified Video Computing Platform (UVCP), in smart & safe cities, aviation, industrial, education, BFSI, retail, healthcare sectors”, he further added.

Mr. Avinash Trivedi, VP – Business Development, Videonetics expressed, “The findings of lHS Markit reaffirm our leadership position in the VMS market. We’ve always strived to bring more value to our partners, integrators and customers. I would like to dedicate this achievement to them for their continued support, commitment and excellent contribution to Videonetics growth”.