Market Research Future Insights
According to MRFR analysis, the global Video Surveillance market is expected to register a CAGR of 18.3% from 2020 to 2030 and hold a value of over USD 10.88 billion by 2030.
Video surveillance is the use of cameras and other technology to monitor and record activity in a given area. It is commonly used in a wide range of settings, including homes, businesses, and public spaces, for security and surveillance purposes. In terms of the COVID-19 pandemic, video surveillance has been used to help enforce social distancing and other safety measures. Video cameras have been used to monitor public spaces and ensure that individuals are maintaining a safe distance from one another and wearing masks. Video surveillance has also been used to help enforce lockdowns and travel restrictions, by tracking the movement of individuals and vehicles. Additionally, in some cases, video surveillance has been used to monitor compliance with quarantine and isolation rules for individuals who have been exposed to or infected with the virus.
Key Players
Some of the key market players are Wuxi Jiajian Medical Instruments Co. Ltd., Zepter International, Acumedic Limited, 3B Scientific GmbH, Asia-Med Gmbh, Schwa-medico, Qingdao Great Fortune Co. Ltd, SIRIN Corporation, MKW Laser System.
Get Free Sample PDF File:
https://www.marketresearchfuture.com/sample_request/2329
Market Segmentation
The Global Video Surveillance market has been segmented into components, applications, and hardware.
Based on the component, the market has been segmented into Hardware, Software, and Services.
Based on the hardware, the market has been segmented into cameras, Storage Systems.
Based on the application, the market has been segmented into Residential, Commercial, Defense, and Infrastructure.
Regional Analysis
The Asia Pacific region is projected to grow at the fastest rate in the global video surveillance market during the forecast period. The main reasons for this rapid growth are the advanced network infrastructure and the widespread adoption of cloud services in the region. These factors are helping to drive the growth of the global market.
Access Complete Report:
https://www.marketresearchfuture.com/reports/video-surveillance-as-a-service-market-2329
Related Articles:
https://justnock.com/read-blog/14727
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: [email protected]
Website: https://www.marketresearchfuture.com
Global Video Surveillance as a Service Market, By Component (Hardware, Software / Analytics), By Service (Hosted, Managed) and By Application (Industrial, Commercial, Infrastructure and Residential) - Forecast 2022Industry InsightThe video surveillance as a service market 2020 is likely to grow by USD 2.7 Billion in the forecast period 2016 to 2022.
The study has been published by Market Research Future, which provides the market impact and new prospects created because of the COVID-19 pandemic.
The force can be expected to be significant, which is recorded to be at 19% of the compound annual growth rate.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/2329Top Impacting FactorsThe usage of video surveillance in business is witnessed to be growing significantly, owing to the rising need for physical security, coupled with the use of cloud-based services for centralized data.
The study signifies that globally, the drive to develop the safety and security across various industries is adding to the market growth, extensively.
With hasty developments in cloud computing and video surveillance software, the surveillance market has transformed, in comparison to the previous years.At the same time, the escalating adoption of internet protocol (IP) cameras will drive the growth of video surveillance as a service market during the assessment period.
With this, the commercial sector exceedingly prefers this product as its price is much lower than the analog cameras, and its high-quality sensor module is easily adaptable to the changing needs of an organization.Furthermore, the adoption of IP cameras is extensively expected to rise significantly owing to additional features such as its availability of an in-built facility for image encryption and multi-level user access control, ability to avoid interlacing associated issues, and avoidance of third-party image manipulation.
Market Research Future (MRFR) has published and released a research report about the global Video Surveillance as a Service Market that anticipates growth for this market with 19% CAGR (Compound Annual Growth Rate) during the forecast period between 2016 and 2022.
In terms of cash, the market is expected to rise to the US $ 2.7 bn during the forecast period.Analyzing the market structure, this report assays the future growth potential of the market.
It observes the strategies of the key players in the market and follows the competitive developments like joint ventures, new product developments, mergers and acquisitions, research and developments (R & D) in the market.The key drivers that drive the market growth for video surveillance as a service include the emergence of advanced video surveillance technologies, increasing adoption of high-end cameras, the growing internet of things (IoT) technology in various sectors, rapid technological advancement.
High cameras such as HD camera and IP camera can capture clear, and accurate images that can be further be utilized for analysis.
As per services, the market segmentation covers managed services, hosted services, and others.The regional segmentation of the global video surveillance as a service market segments the market into continent-based regional markets namely North America, Europe, Asia Pacific, and rest of the world (RoW).
The factors driving the growth of North American market include advancements in the Information Technologies (IT) industry, adoption of the security technology, rapid technological advancement, strict government regulations, and growing focus on critical infrastructure protection.
The usage of video surveillance in business is witnessed to be growing significantly, owing to the rising need for physical security, coupled with the use of cloud-based services for centralized data.
The study signifies that globally, the drive to develop the safety and security across various industries is adding to the market growth, extensively.
At the same time, the escalating adoption of internet protocol (IP) cameras will drive the growth of video surveillance as a service market during the assessment period.
With this, the commercial sector exceedingly prefers this product as its price is much lower than the analog cameras, and its high-quality sensor module is easily adaptable to the changing needs of an organization.
Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/2329 Competitive Outlook:The giant players of global video surveillance as a service market report have listed Bosch Security Systems (Germany), Brivo Inc, (U.S.), Hangzhou Hikvision Digital Technology Co., Ltd (China), Cisco Systems, Inc. (U.S.), Honeywell International Inc. (U.S.), Cloudastructure Inc, (U.S.), Genetec (Canada), Neo Solutions, Inc (U.S.) and others.
The study also mentioned that new entrants, as well as established players, who want to emerge as leaders in the post-COVID era, are taking the impact analysis seriously.
According to the new market research report "Video Surveillance as a Service Market by Type (Hosted, Managed, Hybrid), Vertical (Commercial, Infrastructure, Military & Defense, Residential, Institutional, Industrial), and Geography - Global Forecast to 2022", The Video Surveillance as a Service Market (VSaaS) market is expected to be valued at USD 5.93 Billion by 2022, at a CAGR of 22.0% between 2017 and 2022The factors driving the growth of the market include increasing demand for real-time and remote access for video surveillance data, low initial investment required to avail VSaaS services, and flexible scalability offered by VSaaS.
Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=773 Hybrid VSaaS market expected to witness the highest growth rate during the forecast period Hybrid VSaaS offers enhanced security for surveillance data by storing at customers’ end as well as in the cloud at the service provider’s end.
Apart from data security, hybrid VsaaS offers real-time data access, remote surveillance, flexible scalability in data storage, ease of adding new cameras, and so on, which helps hybrid VSaaS to become more common among end users such as banks and financial institutes, retail stores, enterprises, among others, who demand more data security.
Moreover, presence of several system providers and availability of low cost systems, and increasing adoption of consumer devices such as mobiles, tablets, and laptops are some of the important parameters which spur the growth of the VSaaS market in APAC.Major players in the Video Surveillance as a Service market include Axis Communications AB (Sweden), Honeywell International Inc. (US), Genetec Inc. (Canada), Brivo (US), Cameramanager (Netherlands), ADT Security Services (US), Cloudastructure Inc. (US), Duranc (US), Ivideon (US), NeoVSP (Israel), Nest Labs, Inc. (US), Pacific Controls (UAE), and Smartvue Corporation (US).
Get more insight on other verticals of Semiconductor and Electronics Market Research Reports & Consulting About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients.
