Quick Summary:
Amidst an increasingly complex global environment, the heightened demand for robust surveillance and security solutions has propelled the global video surveillance and Video Surveillance-as-a-Service (VSaaS) market into one of unprecedented growth and potential. Both private and public sectors recognize the inherent advantages of these systems, prompting a surge in their adoption across various industries including retail, transport, hospitality, and government. Video surveillance with VSaaS, combines technology and service to ensure constant monitoring, flexibility, cost-efficiency, and improved system performance.
The driving force behind this market surge encompasses more than just security concerns. Governments globally are setting regulations that necessitate the use of CCTV cameras to monitor public spaces, thus stimulating growth in this market. Through an in-depth examination of market drivers, constraints, opportunities, notable product launches, and key market players, this report provides invaluable insights that will help navigate the complex landscape of the global video surveillance and VSaaS market. This comprehensive market research report sets out not only to elucidate potential revenue opportunities across different segments, but also to provide necessary information enabling informed decision-making regarding future product launches, technology upgrades, market expansion, and marketing tactics.
In an industry that is seeing constant innovation and ever-increasing demand, staying informed and competitive is absolutely vital. This report promises to be an indispensable tool in understanding and leveraging the unique opportunities presented by the global video surveillance and VSaaS market.
Market Dynamics:
Increasing government regulation to monitor the civilian activity to prevent the criminal activity and monitor the public places is expected to drive the global video surveillance and VSaaS market in the forecast period. Various government agencies across the world are emphasizing use of CCTV cameras to monitor crowded places For instance, in March 2020, Government of Maharashtra, a state in India, according to statement given by Maharashtra home minister, government is trying to change the building law for both old and new building. According to this law it is compulsory to installed CCTV in both old and new building and live feed access is given to the law enforcement agencies. Thus Increasing government regulation to monitor the civilian activity to prevent the criminal activity and monitor the public places is expected to drive the global video surveillance and VSaaS market in the forecast periodKey features of the study:
- This report provides an in-depth analysis of the global video surveillance and VSaaS market and provides market size (US$ billion) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
- It profiles leading players in the global video surveillance and VSaaS market based on the following parameters - regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered in the global video surveillance and VSaaS market includes Zhejiang Dahua Technology Co., Ltd., Agent Video Intelligence, Hangzhou Hikvision Digital Technology Co., Ltd, GeoVision, Inc., Canary Connect, Inc., Pelco, Inc., Honeywell Security Group, Homeboy, Inc., D-Link Systems, Inc., NETGEAR Inc., Genetec, Inc., FLIR Systems, Inc., Panasonic System Networks Co. Ltd, Axis Communications AB, Cisco Systems Inc., and Robert Bosch GmbH.
- These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
- The global video surveillance and VSaaS market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global video surveillance and VSaaS market.
Detailed Segmentation:
Global Video Surveillance and VSaaS Market, By Component
- Hardware
- Cameras
- Recorders and Storage
- Encoders
- Monitors
- Software
- Video Analytics
- Video Management Software (VMS)
- Services
- Hosted service
- Managed service
- Hybrid service
Global Video Surveillance and VSaaS Market, By Type
- Analog Video Surveillance and VSaaS
- IP-based Video Surveillance and VSaaS
Global Video Surveillance and VSaaS Market, By End user Application
- Residential
- Retail
- Business Organization
- Transportation
- Government Buildings
- Hospitality
- Industrial
- Stadiums
- Others
Global Video Surveillance and VSaaS Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Zhejiang Dahua Technology Co., Ltd
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Agent Video Intelligence
- Hangzhou Hikvision Digital Technology Co., Ltd
- GeoVision, Inc.
- Canary Connect, Inc.
- Pelco, Inc.
- Honeywell Security Group
- Homeboy, Inc.
- D-Link Systems, Inc.
- NETGEAR Inc.
- Genetec, Inc.
- FLIR Systems, Inc.
- Panasonic System Networks Co. Ltd
- Axis Communications AB
- Cisco Systems Inc.
- Robert Bosch GmbH.
What is the estimated value of the Video Surveillance and VSaaS Market?
What is the growth rate of the Video Surveillance and VSaaS Market?
What is the forecasted size of the Video Surveillance and VSaaS Market?
Who are the key companies in the Video Surveillance and VSaaS Market?
Report Attribute | Details |
---|---|
No. of Pages | 170 |
Published | May 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 36.8 Billion |
Forecasted Market Value ( USD | $ 89.57 Billion |
Compound Annual Growth Rate | 11.7% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Zhejiang Dahua Technology Co., Ltd
- Agent Video Intelligence
- Hangzhou Hikvision Digital Technology Co., Ltd
- GeoVision, Inc.
- Canary Connect, Inc.
- Pelco, Inc.
- Honeywell Security Group
- Homeboy, Inc.
- D-Link Systems, Inc.
- NETGEAR Inc.
- Genetec, Inc.
- FLIR Systems, Inc.
- Panasonic System Networks Co. Ltd
- Axis Communications AB
- Cisco Systems Inc.
- Robert Bosch GmbH.