Market Overview:
Video surveillance as a Service (VSaaS) is the process of monitoring & observing the activities at a location, along with the behavior and movements of an individual or a group to provide improved security, for a client. Market Research Future (MRFR) has published and released a research report about the global Video Surveillance as a Service Market that anticipates growth for this market with 19% CAGR (Compound Annual Growth Rate) during the forecast period between 2016 and 2022. In terms of cash, the market is expected to rise to the US $ 2.7 bn during the forecast period.
Analyzing the market structure, this report assays the future growth potential of the market. It observes the strategies of the key players in the market and follows the competitive developments like joint ventures, new product developments, mergers and acquisitions, research and developments (R & D) in the market.
The key drivers that drive the market growth for video surveillance as a service include the emergence of advanced video surveillance technologies, increasing adoption of high-end cameras, the growing internet of things (IoT) technology in various sectors, rapid technological advancement. High cameras such as HD camera and IP camera can capture clear, and accurate images that can be further be utilized for analysis. However, high infrastructure cost related to installation, network security issues, and corporate protocols can hamper the growth of this market.
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Segment
The global video surveillance as a service market has been segmented on the basis of application, component, end user, service and lastly region. The application-based segmentation segments this market into commercial, industrial, infrastructure, residential, and others. On the basis of components, the market got segmented into hardware and software/analytics. By end-users, the market has been segmented into commercial, industrial, infrastructure, and residential. As per services, the market segmentation covers managed services, hosted services, and others.
The regional segmentation of the global video surveillance as a service market segments the market into continent-based regional markets namely North America, Europe, Asia Pacific, and rest of the world (RoW). North America is the biggest regional market. The strongest country-specific market in this region is the United States of America (USA). Many key players in the market are based in the USA. The factors driving the growth of North American market include advancements in the Information Technologies (IT) industry, adoption of the security technology, rapid technological advancement, strict government regulations, and growing focus on critical infrastructure protection. Another important country-specific market in this region is Canada.
Key Players
The key players of VSaaS Market report include, Brivo Inc, (U.S.) Bosch Security Systems (Germany),, Cisco Systems, Inc. (U.S.) Hangzhou Hikvision Digital Technology Co.,Ltd (China), Honeywell international Inc. (U.S.),, Panasonic System Networks Co. Ltd (Japan), Genetec (Canada), Cloudastructure Inc, (U.S.) , Neo Solutions, Inc (U.S.) and others.
Regional Analysis
According to the report, the Asia Pacific region has been expected to be rise as the fastest growing market during the forecast period. The primary market drivers in this region include awareness about video surveillance, the growth of technology, government initiatives, increasing demand for smart cities, increasing need for the cloud service, and safety regulations. The most important country-specific markets in this region include China, India, Japan, and South Korea, followed by the rest of the Asia Pacific region.
Europe has been anticipated to grow steadily over the forecast period. In this region, the market is expected to grow due to factors including advancements in the technology sector, increased adoption of cloud-enabled video surveillance, and government policies. In Europe, the significant country-specific markets include France, Germany, Russia, and the United Kingdom (UK), followed by the rest of Europe.
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TABLE OF CONTENTS
- Executive Summary
- Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
- Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Value Chain Analysis
3.4 Porter’s Five Forces Analysis
Continued…
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Market Research Future (MRFR) has published and released a research report about the global video surveillance as a service market that anticipates growth for this market with 19% CAGR (Compound Annual Growth Rate) during the forecast period between 2016 and 2022.
In terms of cash, the market is expected to rise to the US $ 2.7 bn during the forecast period.Analyzing the market structure, this report assays the future growth potential of the market.
It observes the strategies of the key players in the market and follows the competitive developments like joint ventures, new product developments, mergers and acquisitions, research and developments (R & D) in the market.The key drivers that drive the market growth for video surveillance as a service include the emergence of advanced video surveillance technologies, increasing adoption of high-end cameras, the growing internet of things (IoT) technology in various sectors, rapid technological advancement.
High cameras such as HD camera and IP camera can capture clear, and accurate images that can be further be utilized for analysis.
However, high infrastructure cost related to installation, network security issues, and corporate protocols can hamper the growth of this market.Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/2329Key PlayersThe key players of global video surveillance as a service market report include, Brivo Inc, (U.S.) Bosch Security Systems (Germany),, Cisco Systems, Inc. (U.S.) Hangzhou Hikvision Digital Technology Co.,Ltd (China), Honeywell international Inc. (U.S.),, Panasonic System Networks Co. Ltd (Japan), Genetec (Canada), Cloudastructure Inc, (U.S.) , Neo Solutions, Inc (U.S.) and others.Segment The global video surveillance as a service market has been segmented on the basis of application, component, end user, service and lastly region.
As per services, the market segmentation covers managed services, hosted services, and others.The regional segmentation of the global video surveillance as a service market segments the market into continent-based regional markets namely North America, Europe, Asia Pacific, and rest of the world (RoW).
Global Video Surveillance as a Service Market, By Component (Hardware, Software / Analytics), By Service (Hosted, Managed) and By Application (Industrial, Commercial, Infrastructure and Residential) - Forecast 2022Industry InsightThe video surveillance as a service market 2020 is likely to grow by USD 2.7 Billion in the forecast period 2016 to 2022.
The study has been published by Market Research Future, which provides the market impact and new prospects created because of the COVID-19 pandemic.
The force can be expected to be significant, which is recorded to be at 19% of the compound annual growth rate.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/2329Top Impacting FactorsThe usage of video surveillance in business is witnessed to be growing significantly, owing to the rising need for physical security, coupled with the use of cloud-based services for centralized data.
The study signifies that globally, the drive to develop the safety and security across various industries is adding to the market growth, extensively.
With hasty developments in cloud computing and video surveillance software, the surveillance market has transformed, in comparison to the previous years.At the same time, the escalating adoption of internet protocol (IP) cameras will drive the growth of video surveillance as a service market during the assessment period.
With this, the commercial sector exceedingly prefers this product as its price is much lower than the analog cameras, and its high-quality sensor module is easily adaptable to the changing needs of an organization.Furthermore, the adoption of IP cameras is extensively expected to rise significantly owing to additional features such as its availability of an in-built facility for image encryption and multi-level user access control, ability to avoid interlacing associated issues, and avoidance of third-party image manipulation.
The Global IP Video Surveillance and VSaaS Market: Global Market Size, Trends, Competitive, Historical & Forecast Analysis, 2020 – 2030 - The demand for IP surveillance system has been rising due to the increasing emphasis on safety and security both by the government and private enterprises.The Global IP Video Surveillance and VSaaS Market was valued at $22.56 billion in 2019, and is projected to reach $71.81 billion by 2030, registering a CAGR of 11.1% from 2020 to 2030.IP Video Surveillance and VSaaS are done for capturing, storing and also sharing the videos and images over the network efficiently.
IP surveillance systems can help in detecting and reducing activities like theft, burglary and vandalism.
Also, the features like accessibility of IP surveillance cameras through any device connected to the internet and low maintenance cost are some factors driving the growth of IP surveillance system and VSaaS market.Access Full Description of this report at:- https://www.nextmsc.com/report/ip-video-surveillance-vsaas-market Top Companies: Hkvision, Ltd., Bosch Security System, Honeywell Security Group, Dahua Technology, D-Link Corporation, Panasonic, Avigilon, Axis Communication, Infinova and others.Globally the IP video surveillance and VSaaS market size is segmented based on product type, application, and geography.
By product type, the market is segmented by hardware, software, cloud-based solutions, and services.
On the basis of services, the market is categorized into VSaaS, hosted VSaaS, managed VSaaS, hybrid VSaaS, and integrated services IP surveillance.
By application, the market is divided into banking and financial sectors, retail, government & higher security, manufacturing & corporate, residential, entertainment, healthcare, and others.
The usage of video surveillance in business is witnessed to be growing significantly, owing to the rising need for physical security, coupled with the use of cloud-based services for centralized data.
The study signifies that globally, the drive to develop the safety and security across various industries is adding to the market growth, extensively.
At the same time, the escalating adoption of internet protocol (IP) cameras will drive the growth of video surveillance as a service market during the assessment period.
With this, the commercial sector exceedingly prefers this product as its price is much lower than the analog cameras, and its high-quality sensor module is easily adaptable to the changing needs of an organization.
Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/2329 Competitive Outlook:The giant players of global video surveillance as a service market report have listed Bosch Security Systems (Germany), Brivo Inc, (U.S.), Hangzhou Hikvision Digital Technology Co., Ltd (China), Cisco Systems, Inc. (U.S.), Honeywell International Inc. (U.S.), Cloudastructure Inc, (U.S.), Genetec (Canada), Neo Solutions, Inc (U.S.) and others.
The study also mentioned that new entrants, as well as established players, who want to emerge as leaders in the post-COVID era, are taking the impact analysis seriously.
