Global Video Surveillance As A Service (VSaaS) Market Overview And Prospects
Learn about the global video surveillance as a service (VSaaS) market through The Business Research Company, which provides information on VSaaS market size, VSaaS market drivers and restraints, VSaaS market players, the COVID-19 impact on the VSaaS market, and more.
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 market is mainly due to the rise in demand for real-time surveillance data in urban areas. The market is expected to reach $5.96 billion in 2025 at a CAGR of 19.45%.
The development of smart cities is expected to propel the growth of the VSaaS market in the coming years.
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The video surveillance as a service market consists of sales of VSaaS services by entities (organizations, sole traders, and partnerships) that are engaged in providing cloud-based video surveillance services. Video surveillance as a Service, or VSaaS, is a cloud-based security system that allows users to access their Internet Protocol (IP) cameras from anywhere through any computer and have access surveillance video conveniently. The service typically includes video recording, storage, remote viewing, management alerts and others.
Global video surveillance as a service (VSaaS) market segments include:
By Type: IP-Based, Analog
By Service: Managed, Hybrid, Hosted
By End User: Industrial, Residential, Military And Defense, Institutional, Public Facilities, Commercial, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the video surveillance as a service market in 2020.
Growing technological advancements are gaining popularity in the video surveillance as a service market. Major companies operating in the VSaaS sector are focused on developing technological solutions for video surveillance as a service to enhance security management.
TBRC’s video surveillance as a service (VSaaS) market report covers:
Major Market Players: ADT Security Services Inc., Axis Communications AB, Brivo Inc., Cisco, Honeywell International Inc, Genetec Inc., Camcloud Inc., CameraFTP Service, Cloudastructure Inc., Duranc Inc., Eagle Eye Networks Inc,IVIDEON Inc., Mobotix AG, Pacific Control Systems LLC, Timetec Cloud Sdn Bhd, Johnson Controls, Avigilon, Stanley Black & Decker Inc., Panasonic, Hikvision, IndigoVision Group plc., Verint Systems Inc., MIRASYS, and Ozvision.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Video Surveillance As A Service (VSaaS) Global Market Report 2021: COVID-19 Implications and Growth to 2030 is one of a series of new reports from The Business Research Company that provides video surveillance as a service (VSaaS) market overviews, analyzes and forecasts market size, share, VSaaS market players, video surveillance as a service market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s video surveillance as a service market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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