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 2022
Industry Insight
The 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.
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Top Impacting Factors
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. 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. The mounting adoption of IP cameras can be attributed to factors of image clarity, scalability, integration, built-in security, and easy installation. 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 MRFR, the increasing adoption of video surveillance cameras in educational institutions is emerged to have a positive impact on video surveillance as a service market and contribute to its growth significantly over the assessment period.
Segmentation of Market: Video Surveillance as a Service
The global video surveillance as a service market has been segmented over the segments of component, service, and end-users.
In terms of component segment, the market has been bifurcated into software/ analytics and hardware.
In terms of services, the market has included managed hosted and others.
In terms of the end-user segment, the market has included commercial, industrial, infrastructure, and residential.
Regional Framework
Further, global video surveillance as a service market has been segmented into four regions, which include- North America, Europe, Asia-Pacific, and RoW.
The North America regional market led the video surveillance as a service market back in 2019. Throughout the forecast period, the North American region is anticipated to record the highest incremental growth owing to some essential factors such as the expansion of international retailers and the increasing focus on improving infrastructure to upgrading construction activities.
Asian countries are anticipated to be the fastest-growing region during the foretell period 2016-2022, extensively owing to the expansion of technology, rising need for the cloud service, awareness over video surveillance, mounting need for smart cities, government initiatives and safety policy.
The European market is also anticipated to rise at a steady pace over the forecasted period 2016-2022. The rise is majorly owing to advancements in the technology sector, government policies, and surged adoption of cloud-enabled video surveillance.
Top Giant Market
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.
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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.
As per services, the market segmentation covers managed services, hosted services, and others.Key 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.Regional AnalysisThe 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 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.
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 $71.81 billion by 2030, registering a CAGR of 11.1% from 2020 to 2030.IP Video Surveillance and VSaaS are done for capturing, storing and also sharing the videos and images over the network efficiently.
IP surveillance systems can help in detecting and reducing activities like theft, burglary and vandalism.
Also, the features like accessibility of IP surveillance cameras through any device connected to the internet and low maintenance cost are some factors driving the growth of IP surveillance system and VSaaS market.Access Full Description of this report at:- https://www.nextmsc.com/report/ip-video-surveillance-vsaas-market Top Companies: Hkvision, Ltd., Bosch Security System, Honeywell Security Group, Dahua Technology, D-Link Corporation, Panasonic, Avigilon, Axis Communication, Infinova and others.Globally the IP video surveillance and VSaaS market size is segmented based on product type, application, and geography.
By product type, the market is segmented by hardware, software, cloud-based solutions, and services.
On the basis of services, the market is categorized into VSaaS, hosted VSaaS, managed VSaaS, hybrid VSaaS, and integrated services IP surveillance.
By application, the market is divided into banking and financial sectors, retail, government & higher security, manufacturing & corporate, residential, entertainment, healthcare, and others.
As per the report published by the experts, the global Video Surveillance and VSaaS Market is estimated to reach US$ 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%.
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.
