Video Surveillance As A Service (VSaaS) Global Market to Reach $7.23 Billion in 2026
DUBLIN, Sept. 5, 2022 /PRNewswire/ -- The "Video Surveillance As A Service (VSaaS) Global Market Report 2022, By Type, Service, End User" report has been added to ResearchAndMarkets.com's offering.
The global video surveillance as a service market is expected to grow from $2.93 billion in 2021 to $3.55 billion in 2022 at a compound annual growth rate (CAGR) of 21.2%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $7.23 billion in 2026 at a CAGR of 23.5%.
Asia Pacific was the largest region in the video surveillance as a service (VSaaS) market in 2021. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Governments all over the world have lofty goals for making communities smarter and better for people and travelers. Smart cities are implementing intelligent video monitoring to help emergency responders respond more quickly in real-time or to detect and handle possible accidents to minimize crime.
For instance, in 2019, the Indian government has committed to creating 100 smart cities, and as part of the $14 billion plan, 99 cities have already been announced. Therefore, the development of smart cities drives the growth of the video surveillance as a service (VSaaS) market.
7. Video Surveillance As A Service (VSaaS) Market Regional And Country Analysis
For more information about this report visit https://www.researchandmarkets.com/r/mkkpqd
Research and Markets
For E.S.T Office Hours Call +1-917-300-0470
U.S. Fax: 646-607-1904
SOURCE Research and Markets
Keynote Presentation by Avaya
Special Presentation TBA
Cellular Connectivity: Dealing with Remote through MNO and MVNO Partners