Market Research Future published a research report on “Global Video Surveillance as a Service Market Research Report- Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.
Pune, India - December 13, 2018 /MarketersMedia/ —
Market Overview:
Video surveillance as a Service (VSaaS) is the process of monitoring & observing the activities at a location, along with the behavior and movements of an individual or a group to provide improved security, for a client. 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. However, high infrastructure cost related to installation, network security issues, and corporate protocols can hamper the growth of this market.
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Latest Industry News
Johnson Control has added a bullet model to the Illustra Flex 4K camera line. It has also updated the Smartvue platform to work with Tyco’s new Cloud-powered surveillance cameras. Flex Bullet camera is well-suited for exterior applications of retail boutiques, schools, small bank branches, and small to medium size offices. 1 OCT 2018
Iveda® worldwide enabler of cloud-based video surveillance and data management through the licensing of its Sentir® platform launched IvedaAI. IvedaAI is available to service providers such as alarm & monitoring companies’ security integrators, and telecoms for reselling to their customers. 25 SEP 2018
Key Players
The key players of global Video Surveillance as a Service Market report include, Brivo Inc, (U.S.) Bosch Security Systems (Germany),, Cisco Systems, Inc. (U.S.) Hangzhou Hikvision Digital Technology Co.,Ltd (China), Honeywell international Inc. (U.S.),, Panasonic System Networks Co. Ltd (Japan), Genetec (Canada), Cloudastructure Inc, (U.S.) , Neo Solutions, Inc (U.S.) and others.
Segment
The Global Video Surveillance as a Service market has been segmented on the basis of component, service, end-users and region. By component, the market has been bifurcated into hardware, software/ analytics. On the basis of services the market is segmented as managed hosted and others. On the basis end-users, the market includes- industrial, commercial, infrastructure and residential. Further, the market has been segmented into four regions which include- North America, Europe, Asia-Pacific and RoW.
Regional Analysis
North American countries- especially U.S. accounted for the largest market share majorly due to adoption of the security technology, growing focus on critical infrastructure protection, strict government regulations and advancements in the IT industry.
Asian countries is expected to be the fastest growing region during the forecast period 2016-2022, majorly due to growth of technology , awareness about video surveillance, increasing need for the cloud service, increasing demand for smart cities, government initiatives and safety regulations.
Furthermore, Europe is expected to grow at a steady pace over the forecast period 2016-2022, majorly due to advancements in the technology sector, government policies and increased adoption of cloud enabled video surveillance.
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Intended Audience
• Video Surveillance Manufacturers
• Video Surveillance Distributors
• Research firms
• Consultancy firms
• Software developers
• Vendors from various verticals such as Envision Inc, Axis Communications, Brivo Inc among others
• Semiconductor Manufacturers
• Stakeholders
• End-user sectors
• Investors
About Us:
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.
Contact Info:
Name: Abhishek Sawant
Organization: Market Research Future
Website: https://www.marketresearchfuture.com
Source: MarketersMedia
Release ID: 459059
