DUBLIN--(BUSINESS WIRE)--The "Video Surveillance as a Service (VSaaS) Market - Forecasts from 2017 to 2022" report has been added to Research and Markets' offering.
The Video Surveillance as a Service (VSaaS) Market is projected to witness a compound annual growth rate of 26.25% to reach a total market size of US$4.006 billion by 2022, from US$1.249 billion in 2017.
Growing focus on infrastructure protection, government regulations regarding public safety and increasing demand for high-resolution imaging are some of the key factors driving the market growth. Technological advancements have led to enhanced cyber security system and efficient remote monitoring, leading to burgeoning demand for these systems over the forecast period.
By application, commercial segment accounted for significant market share in 2016 and is expected to grow at a high rate over the projected period. The rising security threat to airports, hospitals, and other commercial buildings is boosting this segment's growth. Moreover, increasing investment in building security coupled with a strict regulatory framework is also significantly contributing to the demand for these solutions over the forecast period.
North America accounted for the largest market share in 2016, as the region has been a leading adopter of security technologies. Moreover, increase in the number of terrorist attacks over the years coupled with strict building security regulation is propelling the adoption of VSaaS while augmenting its market growth in this region.
- ADT Security Services
- Bosch Security System
- Axis Communications
- Smartvue Corporation
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Global Video Surveillance as a Service Market Forecast by Product (US$ billion)
6. Global Video Surveillance as a Service Market Forecast by Application (US$ billion)
7. Global Video Surveillance as a Service Market Forecast by Geography (US$ billion)
8. Competitive Intelligence
9. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/5xtl3s/video