Global Video Surveillance As A Service Market (VSaaS)

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Global Video Surveillance As A Service Market
(VSaaS) Global Industry Analysis and Forecast
(2018-2026)
Global Video Surveillance As A Service Market
(VSaaS) was valued US 1.25 Bn in 2017 and is
expected to reach US 6.34 Bn by 2026, at a CAGR
of 12.96 during a forecast period. Global Video
Surveillance As A Service Market (VSaaS) is
segmented into type, components, End-user, and
region. Based on type, the video surveillance as
a service (VSaaS) market is divided into analog
and IP-based. On the basis of components, video
surveillance as a service (VSaaS) market is
categorized into hardware, software, and
services. In terms of End-user, the video
surveillance as a service (VSaaS) market is
classified into residential, retail, business
organizations, transportation, government
buildings, hospitality, industrial, stadiums,
and healthcare organizations. Region wise into
North America, Europe, Asia Pacific, Middle East
Africa, and South America. The major driver is
the declining prices of I.P. cameras. The prices
of security solutions, such as IP cameras, are
quickly dropping and with a new array of
technologies, there is no need of an internal
server to store the camera data as it will be
stored in the cloud. This will make it easier and
cost- effective to install security solutions. A
growing focus on infrastructure protection,
government regulations regarding public safety
and rising demand for high-resolution imaging are
some of the key factors driving market
growth. The restraints of the VSaaS market are
slow internet speed, lack of common standards
that cause integration issues, development in
fear for privacy, low awareness about the market,
and privacy and security concerns for the data
collected. The key restraint in growth is the
fear of privacy. A surveillance system monitors
every activity of the location where it is
installed.
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• Based on type, IP-based surveillance systems have
  quickly gained the larger share in the market due
  to their inherent advantages of quality,
  scalability, better resolution, and built-in
  analytics engines, as compared to analog video
  surveillance.
• In terms of end-user, the transportation and
  retail segments will account for the prominent
  market shares through the forecast period. The
  threat to public security will continue to
  increase, which will raise the use of video
  surveillance systems. Moreover, these systems
  help protect innocent civilians from terrorist
  attacks and maintain a safe and secure
  environment.
• In terms of region, Asia Pacific will emerge as
  the prominent contributor to the global video
  surveillance as a service (VSaaS) market. The
  increasing crime rate, terrorism, and threats
  from external intruders entering illegally in
  the countries, along with the rising security
  needs, are some of the factors driving the
  growth of video surveillance in the Asia Pacific.
• Some of the key players in the global video
  surveillance as a service (VSaaS) market are ADT
  Security Services, Cisco, Bosch Security System,
  Axis Communications, Panasonic, Honeywell,
  Smartvue Corporation, Brivo, and Hikvision.
• Scope of the Global Video Surveillance As A
  Service Market (VSaaS) Global Video Surveillance
  As A Service Market (VSaaS) by Type
• Analog
• IP-based
• Global Video Surveillance As A Service Market
  (VSaaS) by Components
• Hardware
• Software
• Services
• Global Video Surveillance As A Service Market
  (VSaaS) by End-User
• Residential
• Retail
• Business Organizations
• Transportation
• Government Buildings
• Hospitality
• Industrial

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• Global Video Surveillance As A Service Market
  (VSaaS) by Geography
• North America
• Europe
• Asia-Pacific
• Middle East Africa
• South America
• Key Players operating in the Global Video
  Surveillance As A Service Market (VSaaS)
• ADT Security Services
• Cisco
• Bosch Security System
• Axis Communications
• Panasonic
• Honeywell
• Smartvue Corporation
• Brivo
• Hikvision
• IndigoVision Group plc.
• Verint Systems, Inc.
• MIRASYS