Dublin, July 30, 2024 (GLOBE NEWSWIRE) -- The "Video Surveillance As A Service (VSaaS) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Video Surveillance As A Service (VSaaS) is estimated at US$3.2 Billion in 2023 and is projected to reach US$9.0 Billion by 2030, growing at a CAGR of 15.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth of VSaaS is fueled by several key factors, including stringent regulatory compliance demands, the need for integration with other business systems, and the advancement of analytics and intelligence through AI, which transforms video data into actionable business insights. The adaptability of VSaaS to various environmental and operational frameworks makes it suitable for a wide range of industries.
Moreover, the global expansion of businesses necessitates consistent security management across multiple locations, which VSaaS provides through its centralized platform. Other significant drivers include consumer privacy concerns, where VSaaS providers are enhancing data protection measures to comply with stringent regulations such as GDPR and CCPA, thus bolstering consumer trust and business credibility.
Additionally, technological advancements in cloud computing continue to enhance the capabilities of VSaaS, making it an indispensable tool in the realm of modern digital security. The integration of these elements makes VSaaS not just a security tool but a comprehensive business solution that supports sustainability, operational efficiency, and global scalability.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Hosted VSaaS segment, which is expected to reach US$4.1 Billion by 2030 with a CAGR of a 16.1%. The Managed VSaaS segment is also set to grow at 13.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $856.9 Million in 2023, and China, forecasted to grow at an impressive 14.6% CAGR to reach $1.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Video Surveillance As A Service (VSaaS) Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Video Surveillance As A Service (VSaaS) Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 272 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $3.2 Billion |
| Forecasted Market Value (USD) by 2030 | $9 Billion |
| Compound Annual Growth Rate | 15.9% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- Video Surveillance As A Service (VSaaS) - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- Global Economic Update
MARKET TRENDS & DRIVERS
- Growing Security Concerns Propel Growth in VSaaS Adoption
- Advancements in AI and Machine Learning Enhance Surveillance Capabilities
- Cloud Technology Expands Addressable Market Opportunity for VSaaS
- Increased Urbanization Drives Demand for Smart Surveillance Solutions
- Rising Incidence of Crime Strengthens Business Case for VSaaS
- Remote Monitoring Capabilities Accelerate Demand for VSaaS
- Cost Efficiency of VSaaS Models Spurs Market Growth
- Data Analytics in Surveillance Enhances Decision-Making, Driving Adoption
- Growing Awareness of Cybersecurity Expands VSaaS Market
- Scalability and Flexibility of VSaaS Solutions Sustain Market Growth
- Enhanced Video Quality with 4K and Beyond Throws Spotlight on VSaaS
- Emergence of Edge Computing Strengthens Business Case for VSaaS
- Growing Adoption of Mobile Surveillance Solutions Expands Market Reach
- Customer Demand for Real-Time Video Access Generates VSaaS Demand
- Privacy Concerns and Data Protection Regulations Create Challenges for VSaaS Market
- Technological Innovations in Video Storage Solutions Spur Market Growth
- Rising Demand for Seamless Integration with Existing Security Systems Drives Adoption
- Here's How Video Surveillance in Retail Sector Accelerates VSaaS Market
- Increased Need for Public Safety and Monitoring Spurs Growth in VSaaS
- Growing Use of Video Analytics for Business Intelligence Sustains Demand for VSaaS
FOCUS ON SELECT PLAYERS (Total 18 Featured)
- ADT Security Services, Inc.
- Axis Communications AB
- Brivo, Inc.
- Camcloud, Inc.
- CameraFTP Service
- Cloudastructure, Inc.
- Duranc, Inc.
- Eagle Eye Networks, Inc.
- Genetec, Inc.
- Honeywell Process Solutions
- IVIDEON, Inc.
- Nest Labs, Inc.
- Pacific Control Systems LLC
- Timetec Cloud Sdn Bhd
For more information about this report visit https://www.researchandmarkets.com/r/ua61z4
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
