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Global Video Surveillance As A Service (VSaaS) Market 2023 Future Growth, Industry Trends, Latest Technology And Forecast To 2032
Video Surveillance As A Service (VSaaS) Market
The Business Research Company's Video Surveillance As A Service (VSaaS) Global Market Report 2023 identifies development of smart cities as the major driver for the Video Surveillance As A Service (VSaaS) Market's growth in the forecast period. A smart city employs information and communication technology (ICT) to boost operational performance, exchange data with the public, and enhance government service and resident protection. Governments all over the world have lofty goals for making communities smarter and better for people and travelers. Smart cities are implementing intelligent video monitoring to help emergency responders respond more quickly in real-time or to detect and handle possible accidents to minimize crime.
The global video surveillance as a service (vsaas) market size will grow from $3.45 billion in 2022 to $4.02 billion in 2023 at a compound annual growth rate (CAGR) of 16.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the video surveillance as a service (vsaas) is expected to grow to $7.43 billion in 2027 at a CAGR of 16.6%.
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Major competitors in the Video Surveillance As A Service (VSaaS) Market are ADT Security Services Inc., Axis Communications AB, Brivo Inc., Cisco, Honeywell International Inc., Genetec Inc., Camcloud Inc., CameraFTP Service, Cloudastructure Inc., Duranc Inc., Eagle Eye Networks Inc., IVIDEON Inc., Mobotix AG, Pacific Control Systems LLC, Timetec Cloud Sdn Bhd, Johnson Controls, Avigilon, Stanley Black & Decker Inc., Panasonic, Hikvision, IndigoVision Group plc., Verint Systems Inc., MIRASYS, and Ozvision.
A key trend in the Video Surveillance As A Service (VSaaS) Market includes technological advancement. Major companies operating in the VSaaS sector are focused on developing technological solutions for video surveillance as a service (VSaaS) to enhance security management. For instance, in 2020, US based data communications company, Motorola Solutions launched a new product in its video security and analytics portfolio, the H4 Thermal Elevated Temperature Detection (ETD) Solution, which can be used to detect elevated body temperature in a person and focus on the key elements of safety and security around COVID-19, including prevention, protection, and response.
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The Video Surveillance As A Service (VSaaS) Market is segmented -
By Type: IP-Based, Analog
By Service: Managed, Hybrid, Hosted
By End User: Industrial, Residential, Military and Defense, Institutional, Public Facilities, Commercial, Other End Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Video Surveillance As A Service (VSaaS) Market.
The Business Research Company's "Global Video Surveillance As A Service (VSaaS) Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Video Surveillance As A Service (VSaaS) Market Include:
1. Executive Summary
2. Video Surveillance As A Service (VSaaS) Market Characteristics
3. Video Surveillance As A Service (VSaaS) Market Trends And Strategies
4. Video Surveillance As A Service (VSaaS) Market - Macro Economic Scenario
5. Video Surveillance As A Service (VSaaS) Market Size And Growth
……
26. Africa Video Surveillance As A Service (VSaaS) Market
27. Video Surveillance As A Service (VSaaS) Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Video Surveillance As A Service (VSaaS) Market
29. Video Surveillance As A Service (VSaaS) Market Future Outlook and Potential Analysis
30. Appendix
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