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Video Surveillance As A Service (Vsaas) Market Size USD 5554.5 Million by 2026 at CAGR 12.5% | Valuates Reports

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Valuates Reports

07 Dec, 2020, 14:30 GMT

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BANGALORE, India, Dec. 7, 2020 /PRNewswire/ -- The Video Surveillance As A Service (Vsaas) Market is Segmented by Type  (Software System, Hardware Devices), Application (Residential, Retail, Enterprise, Transport, Hotel, Other), Key Vendors and Regional Growth: Global Opportunity Analysis and Industry Forecast, 2019–2026. This report is published on Valuates Reports in the Security Products & Services Category.

The Global Video Surveillance as a service market size is projected to reach USD 5554.5 Million by 2026, from USD 2743.7 Million in 2020, at a CAGR of 12.5% during 2021-2026.

Major factors driving VSaaS Market size are low cost of investment, rise in demand for real-time surveillance data, and flexible scalability offered by VSaaS. Furthermore, the presence of several camera manufacturers and the availability of low-cost video surveillance systems and services drive the growth of the VSaaS market size.

The commercial vertical is expected to lead the Video Surveillance as a Service market during the forecast period due to the increasing adoption of VSaaS in retail chains, residential apartments, small businesses, healthcare organizations, banks, government buildings, city surveillance and manufacturing sites, among others.

Request a Sample Copy of the Report For COVID-19 Impact Analysis on VSaaS Market: https://reports.valuates.com/request/sample/QYRE-Auto-30S2107/Global_Video_Surveillance_As_A_Service_VSaaS_Market

TRENDS INFLUENCING THE VSaaS MARKET SIZE

The low cost of investment associated with VSaaS is expected to drive the VSaaS market size. In VSaaS, video data is handled at a substantially low cost by service providers. The data is processed in the cloud, which means physical data storage devices and personnel are also not needed. This, in turn, eliminates a considerable amount of IT staff costs, including wages, benefits and other related costs.

The emerging trends toward the development of smart cities are expected to propel the growth of the VSaaS market size. Smart cities rely on the integrated use of Big Data, IoT and other innovations to generate actionable insights and better decision-making. Video-based smart city applications include traffic management and traffic monitoring. Surveillance cameras can monitor vehicles and humans' movement on the roads and provide data on congested areas, peak-time traffic, foot traffic counts, car counts, and can even influence traffic control systems.

Furthermore, the Integration of VSaaS with access control and alarm systems is expected to fuel the VSaaS market size. The VSaaS device can be more efficient when used with access control and alarm systems. The incorporation of VSaaS with access control systems is likely to increase the safety of end-users, as only approved staff would be able to enter the premises.

The rise in need of safety in high-risk areas is expected to drive the growth of the VSaaS Market size. With the surge in crime rates, antisocial behavior, and terrorist attacks, the government has introduced VSaaS technologies and strategies to ensure public safety and security. This, in turn, is expected to drive the demand for the VSaaS market.

View Report Details Before Purchasing : https://reports.valuates.com/market-reports/QYRE-Auto-30S2107/global-video-surveillance-as-a-service-vsaas

VSaaS MARKET SHARE ANALYSIS

North America is expected to hold the largest VSaaS market share during the forecast period due to high adoption among the population. 

Asia Pacific region is expected to exhibit the highest CAGR of 14.7% during 2019-2026. This rapid growth is attributed to the increasing installation of surveillance equipment in China and India, as well as increased expenditure on infrastructure in the region.

Inquire for Regional Report: https://reports.valuates.com/request/regional/QYRE-Auto-30S2107/Global_Video_Surveillance_As_A_Service_VSaaS_Market

VSaaS MARKET SEGMENTATION

VSaaS Market segment by Type, the product can be split into

  • Software System
  • Hardware Devices

VSaaS Market segment by Application, split into

  • Residential
  • Retail
  • Enterprise
  • Transport
  • Hotel
  • Other

VSaaS Market segment by Regions/Countries, this report covers

  • North America
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India
  • Central & South America

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SIMILAR REPORTS :

  • IP Video Surveillance And Vsaas Market - The global IP video surveillance and VSaaS market size was valued at USD 18.51 Billion in 2018 and is projected to reach USD 52.98 Billion by 2026, registering a CAGR of 12.9% from 2019 to 2026.

Major factors driving the growth of IP Video Surveillance And Vsaas Market size are a rise in need of safety in high-risk areas, growth in the transition from analog surveillance to IP cameras, and integration of the Internet of things.

  • Video Surveillance Market - The global video surveillance market size was valued at USD 42.94 Billion in 2019 and is projected to reach USD 144.85 Billion by 2027, registering a CAGR of 14.6% from 2020 to 2027. An increase in the adoption of spy and hidden cameras is expected to drive the video surveillance market size growth. 
  • United States IP Video Surveillance and VSaaS Market - In 2018, the United States IP Video Surveillance and VSaaS market size was 3016.21 million USD, and it is expected to reach 4214.15 million USD by the end of 2025, with a CAGR of 4.9% during 2019-2025. This report focuses on the United States IP Video Surveillance and VSaaS status, future forecast, growth opportunity, key market and key players. The study objectives are to present IP Video Surveillance and VSaaS development in the United States.
  • Video Surveillance Storage Market - The global Video Surveillance Storage market size is projected to reach USD 33650 Million by 2026, from USD 12210 Million in 2020, at a CAGR of 18.4% during 2021-2026. Video monitoring storage services accounted for the highest percentage in the utility sector, reaching 16.9 percent in 2019.
  • Physical Security Market - The global Physical Security market size is projected to reach USD 77170 Million by 2026, from USD 73870 Million in 2020.
  • Video Surveillance And Vsaas Market- Video Surveillance And Vsaas Market Size, Share, Trends, Growth, Industry Analysis, Forecast 2020 to 2026. The Report contains segmentation by Type ( By Product, By Component), by Application (Residential, Retail, Transportation, Government, Corporate, Hospitality, Industrial, Healthcare, Stadiums) and Regional Opportunity Analysis and Industry Forecast.
  • Mobile Video Surveillance Market - Mobile Video Surveillance Market Size, Share, Trends, Growth, Industry Analysis, Forecast 2020 to 2026. The Report contains segmentation by Type ( Hardware (Cameras, Storage Solutions), Software (Video Analytics, VMS)), by Application (Trains & Trams, Buses, Transport Vehicles, Police Cars, Drones) and Regional Opportunity Analysis and Industry Forecast.

The global Mobile Video Surveillance market size is projected to reach USD 1908.2 Million by 2026, from USD 1401.9 Million in 2020, at a CAGR of 5.3% during 2021-2026.

  • Video Analytics Market - Video Analytics Market by Component (Software and Services), Deployment (Cloud and On-Premises), Organization Size (Small & Medium Enterprises and Large Enterprises), and Application (Retail, Healthcare, BFSI, Transportation & Logistics, Government, Manufacturing, Mining, and Others): Opportunity Analysis And Industry Forecast, 2020–2027

The video analytics market size was valued at USD 4.10 billion in 2019 and is projected to reach USD 20.80 billion by 2027, growing at a CAGR of 22.7% from 2020 to 2027.

  • Smart Home Monitoring and Security Market- Smart Home Monitoring and Security Market Size, Share, Trends, Growth, Industry Analysis, Forecast 2020 to 2026. The Report contains segmentation by Type ( Macro, Small, Pico, Femto), by Application (Smart Home, Autonomous Driving, Smart Cities, Industrial IoT, Smart Farming, Other) and Regional Opportunity Analysis and Industry Forecast.
  • ACaaS(Access Control as a Service) Market- ACaaS(Access Control as a Service) Market Size, Share, Trends, Growth, Industry Analysis, Forecast 2020 to 2026. The Report contains segmentation by Type ( Security System, Remote Monitoring System, Alarm System, Other), by Application (Adult, Children And The Elderly) and Regional Opportunity Analysis and Industry Forecast.
  • Access Control Market - The Global Access Control Market size is expected to grow from USD 4291.15 Millions in 2018 to USD 7091.56 Millions by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 7.44%.

"Need for effective and authorized access to physical and logical resources due to increasing instances of crime rates is one of the factors largely attributing to the growth of the Global Access Control Market"

To see the full list of related reports on the Video Surveillance

ABOUT US:

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs. 

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains detail research methodology employed to generate the report, Please also reach to our sales team to get the complete list of our data sources

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