iCrowd Newswire
09 Sep 2019, 14:16 GMT+10
Global Video surveillance as a service Industry
New Study On "2019-2023 Video surveillance as a service Market Global Key Player, Demand, Growth, Opportunities and Analysis Forecast" Added to Wise Guy Reports Database
This report covers the complete Comprehensive research methodology of Global Video Surveillance as a Service (VSaaS) Market. Global video surveillance as a service (VSaaS) market is predicted to grow at a CAGR of 16% during 2018-2023. The market value in 2017 was estimated at $32.00 billion and is expected to grow at a CAGR of 16.14% during the forecast period. The increasing demand for IP cameras and the rise in Video Content Analytics (VCA); and Video Surveillance as a Service (VSaaS) have acted as market drivers for the global video surveillance industry. The market is growing tremendously due to technological advancement and innovation in video surveillance applications and products. One of the major factors responsible for the growing degree of innovations in the market is the presence of an intensely competitive environment in the market. This application proves to be highly efficient and cost-effective over widespread security applications.
Major contributing keys to this market as follows
The video surveillance market is in transition due to the increasing market penetration of surveillance cameras for a wide range of applications for commercial, institutional, residential, and industrial end-users. The rising security concern and the need for highly efficient, time-saving surveillance systems at an affordable cost are few of the pressing matters to be looked upon in the current scenario.
Some of the major factors responsible for the growing number of adoption of IP cameras by enterprises are,
The commercial sector highly prefers this product as its high-quality sensor module is easily adaptable to the changing needs of an organization. Additionally, features such as its ability to avoid problems related to interlacing, availability of an inbuilt facility for image encryption and multi-level user access control, among end-users.
Additionally, the growing need for physical security across critical infrastructure is one of the enablers for the market. Also, the market for cameras is acquiring the major market share in the ecosystem of the video surveillance industry, because of the vast proliferation of IP camera-based surveillance systems.
Certain issues associated with the market such as high bandwidth & high capacity storage requirements have been hindering the market. Countries from the APAC region such as India, China, and Japan are creating opportunities that would drive the market in the upcoming years.
The market is diversified due to the presence of a large number of regional and international vendors across the globe. These vendors increasingly provide VSaaS devices for enterprises, government organizations, and SMEs. Furthermore, it has been observed that a large number of new players are entering the market to offer products at lower prices to expand their customer base.
Market Segmentation:-
Global VSaaS Market segmentations are made on the basis of
By Product
By Type
By End-User
By Region
Regional Analysis:-
North America is the most dominant in the Global VSaaS Market. Asian-Pacific regions including China, India, Japan, and Korea are expected to create a huge opportunity for the global Video Surveillance and VSaaS market because of the increasing demand for Video Surveillance and VSaaS in various sectors. Developed economies have favorable government policies for safety, security, and convenience which are driving the Global VSaaS Market.
For Detailed Reading Please visit WiseGuy Reports @ https://www.wiseguyreports.com/reports/3204458-global-video-surveillance-as-a-service-market-research-and-forecast-2018-2023
For more information or any query mail at [email protected]
About UsWise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available.
Contact Information:
Contact Us:
Norah Trent
+1 646 845 9349 / +44 208 133 9349
Get a daily dose of Houston Mirror news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Houston Mirror.
More InformationLONDON, U.K.: This week, BP appointed Simon Henry, former Shell finance chief, to its board as a non-executive director effective September...
OTTAWA, Canada: With Canada Post struggling to maintain operations amid labour unrest, rivals like FedEx and UPS are stepping in to...
NEW YORK, New York - U.S. and global markets showed a mixed performance in Tuesday's trading session, with some indices edging higher...
PARIS, France: French military and intelligence officials have accused China of orchestrating a covert campaign to damage the reputation...
NEW DELHI, India: Birkenstock is stepping up its efforts to protect its iconic sandals in India, as local legal representatives conducted...
HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...
MOSCOW, Russia: Just hours after his sudden dismissal by President Vladimir Putin, Russia's former transport minister, Roman Starovoit,...
DHARAMSHALA, India: The Dalai Lama turned 90 on July 6, celebrated by thousands of followers in the Himalayan town of Dharamshala,...
ZAGREB, Croatia: A massive concert by popular Croatian singer Marko Perković, known by his stage name Thompson, has drawn widespread...
WASHINGTON, D.C.: Elon Musk's entry into the political arena is drawing pushback from top U.S. officials and investors, as his decision...
CULVER CITY, California: TikTok is preparing to roll out a separate version of its app for U.S. users, as efforts to secure a sale...
WASHINGTON, D.C.: President Donald Trump claimed he was unaware that the term shylock is regarded as antisemitic when he used it in...