The Global IP Video Surveillance and VSaaS Market: Global Market Size, Trends, Competitive, Historical & Forecast Analysis, 2020 – 2030 - The demand for IP surveillance system has been rising due to the increasing emphasis on safety and security both by the government and private enterprises.

The Global IP Video Surveillance and VSaaS Market was valued at $22.56 billion in 2019, and is projected to reach $71.81 billion by 2030, registering a CAGR of 11.1% from 2020 to 2030.

IP Video Surveillance and VSaaS are done for capturing, storing and also sharing the videos and images over the network efficiently. IP security cameras come with wide range of features such as HD video recording, storage, auto adjustment to different light levels, and even focusing the camera on a particular object remotely. IP surveillance systems can help in detecting and reducing activities like theft, burglary and vandalism. Also, the features like accessibility of IP surveillance cameras through any device connected to the internet and low maintenance cost are some factors driving the growth of IP surveillance system and VSaaS market.

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Top Companies: Hkvision, Ltd., Bosch Security System, Honeywell Security Group, Dahua Technology, D-Link Corporation, Panasonic, Avigilon, Axis Communication, Infinova and others.

Globally the IP video surveillance and VSaaS market size is segmented based on product type, application, and geography. By product type, the market is segmented by hardware, software, cloud-based solutions, and services. The hardware is further sub-divided into impact camera, monitor, and storage. Also, the software segment is bifurcated into video analytics software and video management system. The cloud-based solution is bifurcated into cloud storage by product software and cloud storage by deployment. On the basis of services, the market is categorized into VSaaS, hosted VSaaS, managed VSaaS, hybrid VSaaS, and integrated services IP surveillance. By application, the market is divided into banking and financial sectors, retail, government & higher security, manufacturing & corporate, residential, entertainment, healthcare, and others. Based on geography, global IP video surveillance and VSaaS market is spread across North America, Europe, Asia-Pacific, and RoW.

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North America holds the lion share in the global IP video surveillance and VSaaS market due to high security concerns, political unrest, significant budget pertaining to public infrastructure, and transition from analogue surveillance to IP cameras that leads to the growth of IP video surveillance and VSaaS market in this region. However, Asia pacific is also expected to witness rapid growth owing to the increase in criminal activities and threat levels. Moreover, increasing number of smart cities, wide application, and various other advantages are expected to further enhance the growth of IP video surveillance and VSaaS market in this region.

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