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Video Surveillance as a Service Market to Reach $5.9 Billion by 2022 - Key Players are Axis Communications, Honeywell International, Genetec & Brivo - Research and MarketsResearch and Markets has announced the addition of the "Video Surveillance as a Service Market - Global Forecast to 2022" report to their offering. The Video Surveillance as a Service (VSaaS) market is expected to be worth USD 5.93 Billion by 2022, at a CAGR of 22.0% between 2017 and 2022. Factors such as low initial investment required to avail VSaaS services, increasing demand for real-time and remote access for video surveillance data, and flexible scalability offered by VSaaS would provide ample growth opportunities for the Video Surveillance as a Service market in the future. The market for the hybrid VSaaS is expected to grow at a significant rate during the forecast period. Hybrid VSaaS offers data storage at the customer's site as well as in the cloud at the service provider's end, which enhances data security, brings flexibility in data storage capacity, provides remote access to the surveillance data. This helps hybrid VSaaS to become more popular among verticals such as commercial, infrastructure, and industrial, among others. The commercial vertical is expected to lead the Video Surveillance as a Service market during the forecast period ue to the increasing adoption of VSaaS in retail chains, residential apartments, small businesses, healthcare organizations, banks, government buildings, city surveillance and manufacturing sites, among others. The demand for VSaaS in the commercial vertical is increasing to enhance the security, reduce robbery and inventory loss. Moreover, the adoption of VSaaS in financial institutions and banks to monitor customers and staff activities is increasing from the recent past, which has helped the VSaaS market to grow. Companies Mentioned
Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Video Surveillance as a Service Market, By Type 7 Video Surveillance as a Service Market, By Vertical 8 VSaaS Cloud Storage Type 9 Geographic Analysis 10 Competitive Landscape 11 Company Profile For more information about this report visit http://www.researchandmarkets.com/research/62cxcx/video View source version on businesswire.com: http://www.businesswire.com/news/home/20170606005769/en/ |
