The use of video surveillance in business is growing significantly, owing to the increasing need for physical security, coupled with the use of cloud-based services for centralized data. Globally, the drive to enhance the safety and security across different industries is adding to the market growth, significantly. With rapid developments in cloud computing and video surveillance software, the surveillance market has transformed, in comparison to the previous decade. The growth of the video surveillance market is expected to be fueled by the introduction of new IP-based digital technologies, to detect and prevent undesirable behaviors, such as shoplifting, thefts, vandalism, and terror attacks.
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While highlighting the key driving and restraining forces for this market, the report also provides a detailed study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financials, financial summary and SWOT analysis.
Security and surveillance industry holds paramount importance across various application verticals. Increasing initiatives taken by the government of different regions to develop a strong infrastructure to prevent crimes and raise security awareness is leading to increased adoption of Video Surveillance as a Service VSaaS technology.
Video surveillance as a service VSaaS offers viewing and recording of the video through the web, thus providing the organizations an optimum way of data storage. The adoption of the VSaaS technology provides several other advantages such as low initial investment, and instant access of the data or video stream.
The VCA technology proves to be very advantageous when incorporated with various software like recognition software or detection software by adding value to safety, operations and security.
This factor has driven the market to a great extent to utilize the software for purposes such as motion detection, intrusion detection, facial recognition, and traffic management among others.
Among the different software being used in the market, detection holds the largest market share owing to its wide range of application in both governmental as well as nongovernmental application.
The VSaaS technology finds application in a number of fields including Commercial, Residential, industrial, infrastructure and institutional. Infrastructure segment holds the largest share in terms of adoption whereas commercial segment is expected to witness a strong growth rate during the forecast period.
These companies are actively aiming for an increased participation through partnerships and collaborations in order to expand their operations and offerings to target potential clientele.global video surveillance as a service (vsaas) market forecast Information contained on this page is provided by an independent third-party content provider.
Research firm IHS expects the video surveillance equipment market will grow $ billion over the next three years. From an equipment perspective, cameras .
Jul 30, · IP Video Surveillance and VSaaS market to grow at CAGR 37% during Posted on July 30, by Storage Servers JSB Market research firm has made a prediction that IP Video Surveillance and VSaaS business segments will witness a .
A new report by Transparency Market Research names increased security and safety concerns as reasons that the video surveillance market will experience a compound annual growth rate . The global IP Video Surveillance and VSaaS Market are expected to grow at CAGR of % during Increasing adoption of advance surveillance systems by the government sector and increased maintenance cost of existing surveillance system are major driving forces assisting in adoption of IP surveillance system.
The research report titled “Video Surveillance and VSaaS Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, – ” provides in-depth analysis of the global market based on system types, components of video surveillance systems, end-use applications and major geographies for the period from to