December 28, 2020

Video Surveillance and VaaS Market Size and Analysis Report to 2027

Video surveillance and VaaS system monitors activities, behaviors, or other changing information by using electronic equipments. This system is offered with cloud technology and video surveillance devices along with use of multi-mega pixel HD cameras and vast amounts of video surveillance data being generated.

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Rise in number of terrorist attacks and overall security concerns across the globe is the key driving factor which is expected to boost the global video surveillance and VaaS market growth. Furthermore, rise in adoption of advanced surveillance vy various industries will have the positive impact on market growth. Moreover, rise in awareness about the benefits of optimum IP surveillance system such as enhanced system health management, improved video content analysis, and easy video information retrieval are expected to propel the market growth.

However, data privacy and safety is the major restraining factor which is expected to hamper the global video surveillance and VaaS market growth. Also, lack of technology awareness will affect the market growth.

Market key Players

Various key players are discussed in this report such as Axis Communications AB, Ivideon, Duranc, Cloudastructure Inc., ADT Security Services, Honeywell Security Group, Genetec Inc., Cameramanager, and Brivo.

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Market Taxonomy

By Product

  • Analog
  • IP-Based

By Component

  • Software
  • Hardware
  • Service

By Application

  • Industrial
  • Institutional
  • Military & Defense
  • Residential
  • Infrastructure
  • Commercial

By Region

  • North America
  • Latin America
  • Europe
  • Asia pacific
  • Middle East & Africa

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