The video surveillance as a service market 2020 is likely to grow by USD 2.7 Billion in the forecast period 2020 to 2027. The study has been published by Market Research Future, which provides the market impact and new prospects created because of the COVID-19 pandemic. The force can be expected to be significant, which is recorded to be at 19% of the compound annual growth rate.

The usage of video surveillance in business is witnessed to be growing significantly, owing to the rising need for physical security, coupled with the use of cloud-based services for centralized data. The study signifies that globally, the drive to develop the safety and security across various industries is adding to the market growth, extensively. With hasty developments in cloud computing and video surveillance software, the surveillance market has transformed, in comparison to the previous years.


At the same time, the escalating adoption of internet protocol (IP) cameras will drive the growth of video surveillance as a service market during the assessment period. The mounting adoption of IP cameras can be attributed to factors of image clarity, scalability, integration, built-in security, and easy installation. With this, the commercial sector exceedingly prefers this product as its price is much lower than the analog cameras, and its high-quality sensor module is easily adaptable to the changing needs of an organization.

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Competitive Outlook:
The giant players of global video surveillance as a service market report have listed Bosch Security Systems (Germany), Brivo Inc, (U.S.), Hangzhou Hikvision Digital Technology Co., Ltd (China), Cisco Systems, Inc. (U.S.), Honeywell International Inc. (U.S.), Cloudastructure Inc, (U.S.), Genetec (Canada), Neo Solutions, Inc (U.S.) and others. The study also mentioned that new entrants, as well as established players, who want to emerge as leaders in the post-COVID era, are taking the impact analysis seriously.

Segmentation:
The Global Video Surveillance as a Service market has been segmented on the basis of component, service, end-users and region. By component, the market has been bifurcated into hardware, software/ analytics. On the basis of services the market is segmented as managed hosted and others. On the basis end-users, the market includes- industrial, commercial, infrastructure and residential. Further, the market has been segmented into four regions which include- North America, Europe, Asia-Pacific and RoW.


Regional Analysis:
North American countries- especially U.S. accounted for the largest market share majorly due to adoption of the security technology, growing focus on critical infrastructure protection, strict government regulations and advancements in the IT industry. Asian countries is expected to be the fastest growing region during the forecast period 2016-2022, majorly due to growth of technology, awareness about video surveillance, increasing need for the cloud service, increasing demand for smart cities, government initiatives and safety regulations. Furthermore, Europe is expected to grow at a steady pace over the forecast period 2016-2022, majorly due to advancements in the technology sector, government policies and increased adoption of cloud enabled video surveillance.


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Table of Contents:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
Continued….

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