Global VSaaS Market Report 2022-2027: Low Cost of Investment, Flexible Scalability & Increasing Demand for Real-Time Surveillance Data Driving Growth
DUBLIN, Aug. 10, 2022 /PRNewswire/ -- The "VSaaS Market by Type (Hosted, Managed, and Hybrid), Vertical (Commercial, Infrastructure, Residential, Public Facilities, Military & Defense, and Industrial) and Geography (North America, APAC, Europe, Rest of the World) (2022-2027)" report has been added to ResearchAndMarkets.com's offering.
The VSaaS market is projected to grow from USD 3.3 billion in 2022 and is projected to reach USD 7.6 billion by 2027; it is expected to grow at a CAGR of 18.0% from 2022 to 2027. The growth of this market is driven by factors such as the low cost of investment, the rise in demand for real-time surveillance data, and the flexible scalability offered by VSaaS.
North America to hold a significant share of the VSaaS market during the forecast period
North America is expected to hold a significantly large share of VSaaS market during the forecast period. Factors such as increasing government initiatives to implement advanced surveillance systems in public places, government buildings, and high-security areas are driving the VSaaS market in North America. The increasing number of public safety initiatives and security practices are creating opportunities in both, government, and commercial verticals.
For more information about this report visit https://www.researchandmarkets.com/r/9vdsu2
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