Rising Crime Rates Fueling The Surge In Demand For IP Video Surveillance And VSaaS Solutions: Key Factor Driving The Growth In The IP Video Surveillance And VSaaS Market

The IP Video Surveillance And VSaaS Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Expected IP Video Surveillance And VSaaS Market Size During the Forecast Period?
In recent years, the market size of IP video surveillance and vsaas has seen a rapid expansion. Its expansion is projected to continue, rising from $36.8 billion in 2024 to $40.94 billion in 2025, with a compound annual growth rate (CAGR) of 11.3%. The growth observed in the historic period is primarily due to the transition from analogue to IP-based systems, augmented security concerns after 9/11, standardization of internet protocol (IP), decreasing storage costs, and a growing comprehension of video analytics.

Expectations are high for robust expansion in the IP video surveillance and vsaas market in the coming years. The market is anticipated to swell to $59.55 billion by 2029, with a compound annual growth rate (CAGR) of 9.8%. The growth predicted for the forecasted timeline is due to emerging market demands, the need for remote monitoring, an emphasis on cybersecurity, progress in cloud computing, and the broadening of smart cities and IoT. The forecasted period will also see trends like solutions specific to different industries, integration with access controls, technologies that enhance privacy, a focus on cybersecurity, and hybrid cloud deployments.

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What Are the High-Growth Segments in the IP Video Surveillance And VSaaS Market?
The IP video surveillance and vsaas market covered in this report is segmented -

1) By Product: Hardware, Software, Service
2) By Type: Hosted, Managed, Hybrid
3) By Application: Banking And Financial Sector, Retail, Government And Higher Security, Manufacturing And Corporate, Residential, Ca*sino And Entertainment, Healthcare, Other Applications

Subsegments:
1) By Hardware: IP Cameras, Video Recorders (NVRs), Video Encoders And Decoders, Storage Devices, Accessories
2) By Software: Video Management Software (VMS), Analytics Software, Access Control Software, Cloud-Based Surveillance Software, Mobile Applications
3) By Service: Installation Services, Maintenance And Support Services, Monitoring Services, Consulting Services, Managed Services

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What Key Drivers Are Expected to Influence Future IP Video Surveillance And VSaaS Market Growth?
The anticipated growth of the IP video surveillance and VSaaS markets is linked to the escalating crime rates. The term "crime rates" denotes a statistical tool for measuring the frequency of illicit activities in a designated geographical zone over a specified timeframe. IP video surveillance and VSaaS are implemented as part of efforts to prevent crimes, gather supporting evidence, facilitate immediate surveillance, promote public safety, and aid law enforcement initiatives. For instance, the Bureau of Justice Statistics, a federal agency based in the U.S., reported in September 2023 that violent victimization rates in the U.S. had increased to 23.5 per 1,000 individuals aged 12 and above in 2022, from 7.5 per 1,000 the previous year, and further increasing to 9.7 per 1,000 individuals in 2022. Consequently, the rising crime rates are fueling the expansion of the IP video surveillance and VSaaS markets.

Which Companies Hold the Largest Share Across Different IP Video Surveillance And VSaaS Market Segments?
Major companies operating in the IP video surveillance and VSaaS market are Panasonic Corporation, Cisco Systems Inc., Honeywell International Inc., Johnson Controls International PLC, Hangzhou Hikvision Digital Technology Co. Ltd., Bosch Security Systems, Axis Communications AB, Avigilon Corporation, NETGEAR Inc., D-Link Corporation, Vivotek Inc., Zhejiang Dahua Technology Co. Ltd., Genetec Inc., Milestone Systems AS, Pelco by Schneider Electric, Eagle Eye Networks Inc., Vista IT Solutions LLC, Securens Systems Pvt. Ltd., MOBOTIX AG, Costar Technologies Inc., Infinova Group, IndigoVision Group PLC, Ivideon LLC, Arecont Vision Costar LLC, Salient Systems Corporation, Qognify Limited, Camcloud Inc., Cloudview Ltd., Arcules Inc.

What Are the Latest Developing Trends in the IP Video Surveillance And VSaaS Market?
Leading businesses operating in the markets for IP video surveillance and VSaaS are concentrating their efforts on innovating products that incorporate advanced technology, such as Edge AI surveillance cameras. These alterations aim to amplify surveillance capabilities and install depth perception for better security across various sectors. Edge AI surveillance cameras are essentially surveillance devices furnished with edge artificial intelligence (AI) functions. They process and analyze data within the camera itself instead of completely depending on centralized cloud-based processing. An example of this is when, in February 2023, IDIS, a company based in South Korea that specializes in surveillance technology, unveiled a string of user-friendly and potent edge AI cameras. These devices utilized their proprietary Idis Deep Learning Engine to fulfill the security, safety, and functional needs of establishments across multiple sectors. The fresh 5MP dome and bullet models come with the advanced processing ability of the Idis Deep Learning Engine. This allows for highly effective performance at the edge, extending IDIS's assortment of high-definition direct IP cameras. Users can anticipate accurate object detection and classification which will reduce false alarms, augment security and safety protocols, and bring additional value to their overarching security operations.

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What Are the Emerging Geographies for The IP Video Surveillance And VSaaS Market Growth?
North America was the largest region in the IP video surveillance and VSaaS market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ip video surveillance and vsaas market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the IP Video Surveillance And VSaaS Market?
2. What is the CAGR expected in the IP Video Surveillance And VSaaS Market?
3. What Are the Key Innovations Transforming the IP Video Surveillance And VSaaS Industry?
4. Which Region Is Leading the IP Video Surveillance And VSaaS Market?

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