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VSaaS Market worth $9.59 billion by 2030, growing at a CAGR of 14.22% - Exclusive Report by 360iResearch
VSaaS Market | 360iResearch
The Global VSaaS Market to grow from USD 3.78 billion in 2023 to USD 9.59 billion by 2030, at a CAGR of 14.22%.
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Video Surveillance as a Service (VSaaS) provides video surveillance solutions hosted on the cloud. It authorizes users to store, process, manage, and retrieve video surveillance footage online. The service model offers scalability, remote access, cost-effectiveness, and reduced need for onsite storage solutions and is typically provided on a subscription basis. The applications for VSaaS encompass a broad range of sectors, including residential, commercial, industrial, and public facilities. Common end-uses involve security and surveillance, theft prevention, safety monitoring, and compliance with regulatory requirements. Growing demand for real-time surveillance data in need of safety and the rise in the transition from analog to IP surveillance cameras are driving the market growth. Security and privacy regarding data usage and a need for more skilled and trained professionals handling IP cameras are restraining market development. Advancement in AI and IoT with surveillance camera integration is expected to fuel market expansion. Increased smart city initiatives and the integration of video surveillance with other security components, creating new consumer markets.
The VSaaS market in the Americas is characterized by the high adoption of advanced security solutions driven by the region's emphasis on infrastructural safety and smart city initiatives. The United States represents significant market growth due to its innovative ecosystem and the presence of leading technology firms. The Asia Pacific region is witnessing rapid growth in the VSaaS market, largely fueled by the rise in infrastructural development and the growing number of smart city projects, especially in countries such as China and India. The region's VSaaS landscape is highly competitive, with regional players providing cost-effective solutions, often backed by strong support from local government initiatives in public security. The EMEA region offers a diversified VSaaS market, with Europe leading in technology adoption rates. Stringent regulatory policies, such as GDPR, and a strong focus on privacy and data protection majorly influence demand. Countries in the Middle East show a burgeoning market due to their investment in infrastructure security and smart city solutions, while the African market, though nascent, has begun to show growth potential.
Market Segmentation & Coverage:
This research report categorizes the VSaaS Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Hosted, Hybrid, and Managed. The Hybrid is projected to witness significant market share during forecast period.
Based on Vertical, market is studied across Commercial, Industrial, Infrastructure, Military & Defense, Public Facilities, and Residential. The Commercial is further studied across Banking & Financial Buildings, Enterprises, Hospitality Centers, and Retail Stores & Malls. The Infrastructure is further studied across Power Generation Plants and Transportation. The Public Facilities is further studied across Educational Buildings, Government Buildings, Healthcare Buildings, and Religious Places. The Industrial is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.43% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the VSaaS Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the VSaaS Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the VSaaS Market, highlighting leading vendors and their innovative profiles. These include Alarm.com, Arlo Technologies, AxxonSoft, Bosch Security Systems, LLC, Brivo Systems LLC, Canon Inc., Cisco Systems, Inc., Cloud4X Enterprises Ltd., Comcast Corporation, Duranc Inc., Eagle Eye Networks, Inc., Genetec Inc., GeoVision Inc., Hangzhou Hikvision Digital Technology Co., Ltd., Honeywell International Inc., IndigoVision Group PLC by Motorola Solutions, Inc., IronYun USA, Inc., Ivideon LLC, Johnson Controls International PLC, MOBOTIX AG, Morphean SA, Pacific Controls Pty. Ltd., Secure Go by 3 Crowns Technologies Pty Ltd., Solink Corporation, Verint Systems, Inc., and Videonetics Technology Pvt. Ltd..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. VSaaS Market, by Type
7. VSaaS Market, by Vertical
8. Americas VSaaS Market
9. Asia-Pacific VSaaS Market
10. Europe, Middle East & Africa VSaaS Market
11. Competitive Landscape
12. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the VSaaS Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the VSaaS Market?
3. What is the competitive strategic window for opportunities in the VSaaS Market?
4. What are the technology trends and regulatory frameworks in the VSaaS Market?
5. What is the market share of the leading vendors in the VSaaS Market?
6. What modes and strategic moves are considered suitable for entering the VSaaS Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
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