Market Overview:
Video Surveillance as a Service, aka VSaaS, is a process that involves monitoring as well as observing activities at a particular location. It also helps observe the behavior and movements of a group of people or an individual. It holds these capabilities to provide improved security and safety. A research report on the global video as a surveillance market was conducted by the team of Market Research Future (MRFR). The released report stated that the global market is expected to garner considerable growth in the coming years. More specifically, the global VSaaS Market is projected to attain a CAGR of 19% over the forecast period of 2016 and 2022. Additionally, the market valuation is predicted to reach USD 2.7 billion by the end of the forecast period.
The report by MRFR extracted various key findings about the future growth potential of the global market. Some of the major driving factors of the VSaaS Market are the increasing adoption of high-end cameras, emergence of various advanced video surveillance technologies, booming popularity of the Internet of Things (IoT) across different sectors, and rapid advancements made in the tech landscape. However, on the flip side, high infrastructural cost of installing VSaaS, corporate protocols, and various network security issues can majorly hamper the overall growth of the market in the coming years.
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Regional Analysis
The global video surveillance as a service market is regionally segmented into the following geographical territories: Europe, North America, Asia Pacific, and the Rest of the World (RoW).
Among the above-mentioned regions, North America holds the tag of being the largest regional market. The region is massively aided by the presence of the US, which is the strongest country-specific market in the world. A key factor driving growth and expansion in the US is the presence of various key players therein. The growth of the North American market is driven by the adoption of the security technology, advancements in the Information Technologies sector, stringent government regulations, fast-paced technological advancements, and increasing focus on protecting critical infrastructures.
Asia Pacific is another key region in the global landscape and is expected to be the fastest growing market in the ongoing forecast period. The region is driven by the increasing awareness concerning video surveillance technology, favorable government initiatives, growing demand for smart cities, safety regulations, advancements of technologies, and surging need for cloud services. The presence of countries like China, South Korea, Japan, and India significantly aids the growth of the Asia Pacific region.
Europe is reportedly expected to grow during the forecast period at a steady pace. The market is driven by factors like the increasing adoption of cloud-enabled video surveillance, advancements in technology, and favorable government policies. Some of the most important country-specific markets in this region are Russia, Germany, the UK, and France.
Segment
The global VSaaS Market is segmented in terms of application, component, and service.
- By application, the market breaks down into residential, infrastructure, commercial, industrial, and others.
- By components, the market segments into software/analytics and hardware.
- By services, the market includes hosted services, managed services, and others.
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.
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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).
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.
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.
As per the report published by the experts, the global Video Surveillance and VSaaS Market is estimated to reach US$ 48.95 billion by the completion of the prediction period.
It proposes a number of additional profits, for example the discovery of illegal wrongdoings, records of security associated actions, deterrence of destruction, finding of criminals, observing of open-air park land, and decrease of accidents.
The North America leads the general market for video surveillance and VSaaS, all over the world, due to growing terrorism pressures and nonstop technical progressions in machineries relating to safety in this area.
Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/video-surveillance-vsaas-market/request-sample Market Synopsis of Video Surveillance And VSaaS Market: Growing sum of terrorist attacks and over-all worries regarding security all over the world are the most important issues likely to motivate the development of the video surveillance & VSaaS market above the period of forecast.
Furthermore, growing acceptance of cutting-edge surveillance by numerous businesses, the companies and government sectors due to growing consciousness regarding the profits of best IP surveillance systems for example better-quality study of video content, improved management of system health, and the stress-free recovery of video information are the additional issues likely to increase the development during the period of forecast.
Additionally, growing multi-brand marketing and the expenditure on substructure are the reasons estimated to boost the development of this market during the upcoming years.
Video Surveillance As A Service (VSaaS) Global Market Report 2021 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography.
It covers the historic period – 2015-2020, and the forecast period – 2021-2025, with additional forecasts for 2025-2030.
The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.TBRC’s market report includes a chapter on the COVID-19 impact on the video surveillance as a service (VSaaS) industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it.
With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected video surveillance as a service (VSaaS) market growth numbers from 2021-2030.Request a Sample of the report: https://www.thebusinessresearchcompany.com/sample.aspx?id=5155=smp The global video surveillance as a service (VSaaS) market is expected to grow from $2.38 billion in 2020 to $2.93 billion in 2021 at a compound annual growth rate (CAGR) of 22.97%.
The growth in the video surveillance as a service (VSaaS) market is mainly due to the rise in demand for real-time surveillance data in urban areas.
The VSaaS market is expected to reach $5.96 billion in 2025 at a CAGR of 19.45%.
