IP Video Surveillance and VSaaS Market is Expected to Reach $61.3 Billion by 2022

IP Video Surveillance and VSaaS Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $61.3 billion by 2022, registering a CAGR of 18.8% during the period 2016-2022. North America is anticipated to account for the highest share of the overall market revenue during the forecast period (2016-2022). The Asia-Pacific region is expected to witness the fastest CAGR during the forecast period and account for 25% share of the overall market revenue by 2022.

View Detail Summary of this report : https://www.alliedmarketresearch.com/IP-video-surveillance-VSaaS-market?utm_source=OpenPR

Based on application areas, the IP surveillance and VSaaS market is segmented into banking & financial sector, retail, healthcare, government & higher security, manufacturing & corporate, residential, entertainment & casino, and others. The government & higher security segment is expected to adopt IP surveillance system at the fastest pace during the analysis period and is anticipated to exhibit a prominent CAGR of 18.8% from 2016 to 2022. The growth would be supplemented by increasing usage of video security solutions at government organizations, public places, and others.

New product launch is one of the prominent strategies adopted by players in order to meet customer demands across various industries. Video management software solution providers consistently launched innovative video surveillance and video management software solutions with an improved user interface and advanced video management capabilities to outperform their competitors. For example, surveillance software technology of Genetec was designed to cater to the requirements of intelligence agencies. Moreover, companies have strengthened their distribution channels by partnering with leading distributors in home as well as foreign markets to gain competitive advantage. For instance, Axis Communication AB partnered with reputed distributors to strengthen its distribution network in emerging markets. Similarly, NBM distributors, a distribution partner of Mobotoix AG, enabled it to widen its distribution network in the U.K.

Download Request Sample Copy of Report: https://www.alliedmarketresearch.com/request-sample/103?utm_source=OpenPR

Key Findings ofIP Video Surveillance and VSaaS Market:
•North America would account for the largest share of the overall market during the forecast period
•The government & higher security application segment is expected to witness fastest adoption of IP surveillance during 2016 - 2022
•The Asia-Pacific market is anticipated to exhibit the highest CAGR of 22.1% during the forecast period
•The hardware segment, that comprises IP camera, monitors and storage hardware sub-segments, is anticipated to account for the largest share of the overall market throughout the forecast period
•The service segment is likely to achieve the fastest growth during 2016 - 2022, owing to increasing demand of VSaaS and increasing requirement of system maintenance and updating amongst the users

Key players profiled in this report include Avigilon Corporation, Axis Communication AB, D-Link Corporation, Genetec, March Networks, Milestone Systems, Panasonic Corporation, Mobotix AG, GeoVision Inc., and Arecont Vision.

Request Customization Report: https://www.alliedmarketresearch.com/request-for-customization/103?utm_source=OpenPR

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.