Video Surveillance as a Service (VsaaS) market is anticipated to grow at a CAGR of 16.8% during the forecast period. The application of video surveillance in business is growing significantly due to the increasing need for physical security and the use of cloud-based services for centralized data. The introduction of new IP-based digital technologies, to detect and prevent undesirable behaviors, such as shoplifting, thefts, vandalism, and terror attacks is expected to fuel the growth of the VSaaS market. Additionally, favorable government policies and regulations related to the application of video surveillance devices in commercial & residential buildings further promote the market growth. VSaaS held a major market share in developed nations such as the US, UK, Germany, and Canada owing to their stringent safety measures.
Certain issues associated with the market such as high bandwidth & high capacity storage requirements may have a negative impact on the growth of the market. Additionally, hacking and other piracy issues can restrain market growth during the forecast period. However, technological advancements in VSaaS and rising safety concerns are posing potential growth opportunities for the VSaaS market in near future. Moreover, emerging economies of the Asia-Pacific region such as India, China, and South Korea are creating splendid opportunities for market growth.
Furthermore, in May 2020, Motorola Solutions has announced that its video security and analytics product portfolio will offer cameras for the Avigilon security with analytics to assist the companies by making the safety of employees by adhering to health guidelines around protective face masks and physical social distancing. In July 2020, Johnsons Control, Inc. launched “OpenBlue”, which has connected Johnson Controls products, services, and technologies to assist customers to get back to work safely and as efficiently as possible. These solutions and services include contact tracing, clean air, energy optimization, social distance monitoring, thermal cameras, touchless environments, compliance, and reporting management, and advanced safety monitoring.
To Request a Sample of our Report on Video Surveillance as a Service Market: https://www.omrglobal.com/request-sample/video-surveillance-as-a-service-market
Market Coverage
- The market number available for – 2021-2029
- Base year- 2021
- Forecast period- 2023-2029
- Segment Covered- By End-Users and By Type
- Regions Covered- North America, Europe, Asia-Pacific, and Rest of the World
- Competitive Landscape: ADT Security Services, Cisco Systems Inc., Honeywell International Inc., Bosch Security System, Inc., Canon Inc.
Video Surveillance as a Service Market Report Segment
By End-User
- Commercial
- Infrastructure
- Residential
- Military & Defense
- Industrial
By Type
- Analog Video Surveillance
- IP Based Video Surveillance
A full Report of Video Surveillance as a Service Market is Available at: https://www.omrglobal.com/industry-reports/video-surveillance-as-a-service-market
Video Surveillance as a Service Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- 3GC Group
- Agent Video Intelligence Ltd.
- Artec Technologies AG
- CBC Group
- Cisco Systems Inc.
- Coreveillance, LLC
- D-Link Corp.
- Eyewitness Acquisition LLC
- Genetec, Inc.
- Geovision, Inc.
- Hangzhou Hikvision Digital Tehnology Co., Ltd.
- Hanwa Techwin Co., Ltd.
- LC Realtech Inc.
- The Infinova Group
- Iveda Solutions, Inc.
- Jvalley Software Solutions
- Konica Minolta Inc. (Mobotix AG)
- Lab Information Technology Inc.
- Motorola Solutions
- Nice System Ltd.
- Nortek Security & Control, LLC
- Panasonic System Networks Co. Ltd.
- Pivot3 (Nexgen Storage)
- Promise Technology Inc.
- Riverside Company (Pro-Vigil, Inc.)
- Vintech Systems Inc.
Reasons to buy from us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/video-surveillance-as-a-service-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
