Video Surveillance Service Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2028 |
Market Size (Base Year) |
|
Market Size (Forecast Year) |
USD 25.97 Billion |
CAGR |
|
Major Markets Players |
|
Global Video Surveillance as a Service Market, By End-User (Residential, Retail, Business Organizations, Transportation, Government Buildings, Hospitality, Industrial, Stadiums, Healthcare Organizations), Components (Hardware, Software, Services), Type (Analog, IP-Based), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Video Surveillance as a Service Market
The video surveillance as a service market will grow at a CAGR of 21.85% in the forecast period of 2021 to 2028. Rising low rate of investment at initial level to avail video surveillance as a service (VSaaS) services is an essential factor driving the video surveillance as a service market.
Video surveillance as a service is basically a surveillance followed with cloud computing. This service collectively includes storage, video recording, alerts, remote viewing, and cyber security. Video surveillance discards the necessity of storing data of each and every recorded video from each camera as it gets saved in cloud and can be accessed from a smartphone or tablet app or web browser. They are used for any kind of monitoring.
Increasing fall in the prices of the IP Cameras, makes it easier and cost effective to install security solutions which acts as a crucial factor accelerating the market growth, also rising demand for real-time and remote access for video surveillance data, increasing concerns for public safety and security and increasing technological advancements in the camera and network technology are the major factors among others boosting the video surveillance as a service market. Moreover, rising integration of VSaaS with access control and alarm systems, increasing use of smart devices and rising demand for VSaaS across commercial vertical owing to COVID-19 will further create new opportunities for video surveillance as a service market in the forecast period mentioned above.
However, rising privacy and security concerns regarding data usage and slow internet speed in some parts of the world are the major factors among others restraining the market growth, and will further challenge the video surveillance as a service market in the forecast period mentioned above.
This video surveillance as a service market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the video surveillance as a service market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Video Surveillance as a Service Market Scope and Market Size
The video surveillance as a service market is segmented on the basis of end-user, components and type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of end-user, the video surveillance as a service market is segmented into residential, retail, business organizations, transportation, government buildings, hospitality, industrial, stadiums and healthcare organizations.
- Based on components, the video surveillance as a service market is segmented into hardware, software and services.
- The video surveillance as a service market is also segmented on the basis of type into analog and IP-based.
Video Surveillance as a Service Market Scope Country Level Analysis
The video surveillance as a service market is analysed and market size, volume information is provided by country, end-user, components and type as referenced above.
The countries covered in the video surveillance as a service market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the video surveillance as a service market due to rising crime rate, terrorism, and threats from external intruders entering illegally in the countries, along with the rising security needs in this region. Asia-Pacific is the expected region in terms of growth in video surveillance as a service market due to rising demand for real-time and remote access for video surveillance data, increasing concerns for public safety and security and increasing technological advancements in the camera and network technology in this region.
The country section of the video surveillance as a service market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Video Surveillance as a Service Market Share Analysis
The video surveillance as a service market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to video surveillance as a service market.
The major players covered in video surveillance as a service market report are ADT, Alarm Inc, Axis Communications AB., Bosch Sicherheitssysteme GmbH, Brivo., Camcloud, CameraFTP, Eagle Eye Networks, Cloudastructure, Inc., ControlByNet, Duranc, Envysion, Inc., Eyecast Inc., Genetec Inc., GeoVision Inc., , Inc., Honeywell International Inc., Ivideon, MultiSight, Napco Security Technologies, Inc, Nest Labs, Pacific Controls., Sensormatic Electronics, LLC., TimeTec Cloud Sdn. Bhd and Johnson Controls, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SKU-
Get online access to the report on the World's First Market Intelligence Cloud
- Interactive Data Analysis Dashboard
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
- Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.