openPR Logo
Press release

VSaaS Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

05-27-2022 10:49 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets

The VSaaS market is projected to grow from USD 3.3 billion in 2022 and is projected to reach USD 7.6 billion by 2027; it is expected to grow at a CAGR of 18.0% from 2022 to 2027.

The growth of this market is driven by factors such as the low cost of investment, the rise in demand for real-time surveillance data, and flexible scalability offered by VSaaS.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=773

AI-based video analytics is a new technology that is revolutionizing the VSaaS industry. This technology is gaining more adoption across retail, smart cities/transportation, retail, industrial, and healthcare sectors. AI-based video analytics majorly focus on detecting temporal and spatial events in video footage automatically. This technology helps users to provide higher accuracy and performance as well as more refined results compared to motion or sensor-based analytics. According to the Artificial Intelligence Global Surveillance Index 2022, at least 78 out of 179 countries globally are actively using AI-based surveillance technologies. The proliferation of AI analytics in surveillance and monitoring will fuel the market growth of VSaaS.

The market for managed VSaaS is expected to be one of the fastest-growing segment during the forecast period. Managed VSaaS services help organizations reduce manpower, save operational costs, and focus on their core business. This service allow the use of existing devices for video recording and storage. Such benefits offered by the managed VSaaS result in the increased adoption in various applications, such as retail stores, small businesses, enterprises, hospitals, and financial institutions. The recent COVID-19 pandemic has led to an increase in the adoption of managed video solutions due to their high feasibility and accessibility. They are being used to increase the safety and security of employees as well as to maintain proper social distancing norms.

The public facilities vertical segment will grow at a faster rate in VSaaS marketduring forecast period. Safety is a crucial component to consider in public parks, communities, neighborhoods, and other municipal districts. Buildings in public facilities are prone to terrorist attacks, so it is important to view and monitor security on their premises. VSaaS is a reliable solution to monitor security in and around such buildings. Its increasing use of VSaaS in educational buildings to enhance the security of students, staff, and visitors creates opportunities for service providers.

Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=773

In terms of geographic coverage, the VSaaS market has been segmented into four regions, namely, North America, Europe, Asia Pacific and Rest of the World (RoW). The market in Asia Pacific is expected to record the highest growth rate during the forecast period. The market growth is credited to the increasing number of infrastructure development and smart cities projects in China, South Korea and Japan. These projects requires continuous video monitoring to ensure public safety, traffic control, and city-wide video surveillance, which further increases the adoption of VSaaS.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release VSaaS Market Set to Grow at the Fastest Rate- Time to Grow your Revenue here

News-ID: 2638111 • Views:

More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to Surpass USD 36.7 billion
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth. Download PDF Brochure @
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMarkets
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2030 | Leading key players are ABB, Schneider Electric, Eaton, Vertiv
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of

All 5 Releases


More Releases for VSaaS

VSaaS Market Projected to reach $7.6 billion by 2027
The VSaaS market is projected to grow from USD 3.3 billion in 2022 and is projected to reach USD 7.6 billion by 2027; it is expected to grow at a CAGR of 18.0% from 2022 to 2027. The growth of this market is driven by factors such as the low cost of investment, the rise in demand for real-time surveillance data, and flexible scalability offered by VSaaS. Download PDF Brochure @
Video Surveillance And Vsaas Market To Synchronize With Technological Advancemen …
The research authors have compiled a vast bank of information related to the current, historic, as well as predictive trends that can influence the development of the Global Video Surveillance And Vsaas Market The study showcases various segments in the global Video Surveillance And Vsaas market and evaluates them individually as well as cumulatively on the basis of their status, size, and share. It provides valuable insights regarding the competitive landscape of
VSaaS Market worth $4.7 billion by 2025
The report "VSaaS Market with COVID-19 Impact by Type (Hosted, Managed, and Hybrid), Vertical (Commercial, Infrastructure, Residential, Public Facilities, Military & Defense, and Industrial) and Region-Global Forecast to 2025", is expected to be valued at USD 2.2 billion in 2020 and is projected to reach USD 4.7 billion by 2025; it is expected to grow at a CAGR of 16.0% from 2020 to 2025. Low cost of investment, rise in
VSaaS Market Size, Share, Growth, Trends, Analysis and Forecast - 2025
VSaaS market is expected to grow from USD 2.2 billion in 2020 and is projected to reach USD 4.7 billion by 2025; it is expected to grow at a CAGR of 16%. The low cost of investment, growing demand for real-time surveillance data, and the flexible scalability provided by VSaaS are the key factors driving the growth of the VSaaS market. The integration of VSaaS with access control and alarm systems
Identify Hidden Opportunities of Video Surveillance And Vsaas Market
A new market study on Southeast Asia Video Surveillance And Vsaas Market with 100+ market data Tables, Pie Chart & Graphs is released that will provide complete assessment of the Market and covers evolving trends, current scenario analysis and growth factors, and industry validated market data. The research study provides market breakdown by revenue and volume (if applicable) and price history estimates for Southeast Asia Video Surveillance And Vsaas. Some
Global Video Surveillance and VSaaS Market Research Report 2017 - 2025
Researchmoz added Most up-to-date research on "Video Surveillance and VSaaS Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" to its huge collection of research reports. An insight on the important factors and trends influencing the market. Global Video Surveillance and VSaaS Market: Overview This report on the global video surveillance and VSaaS market provides analysis for the period from 2015 to 2025, wherein 2016 is