A video surveillance system provides visual surveillance where there is no on-site observer. A video surveillance system (VSS) includes various electronic components such as camera, recording/control unit, and output interface namely monitor. It also includes storage, encoders, interface, and management software. Typically it is used for surveillance in areas that require constant monitoring including banks, stores, government offices, etc. Video surveillance is used to curb criminal or terrorist activities. Furthermore, surveillance can be performed directly or can be assessed, stored, and repeated as frequently as necessary. This includes surveillance from distance with electronic equipment such as CCTV cameras. Moreover, Video surveillance-as-a-service (VSaaS) offers cost-efficiency, a wide array of products for hosted video, access to value-added services, efficient conversion of the analog system to IP, and enhanced system performance.
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 period
Key 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.
*Browse all the market data tables and figures on “Global Video Surveillance and VSaaS Market- Forecast to 2030”
