Title: Video Surveillance as a Service Market by 2017
1Global Video Surveillance as a Service Market
worth 2,390.9 Million by 2017
MarketsandMarkets Presents
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2- According to a new market research report Video
Surveillance As A Service Market By Service
(Hosted, Managed, Hybrid) Components (Camera,
Storage, Server, Video Analytics), Application
Geography - Global Forecast Analysis
(2012-2017) published by MarketsandMarkets, the
VSaaS market, on the whole, is expected to reach
2,390.9 million by 2017 at a CAGR of 31.5 from
2012 to 2017.
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3- Browse 77 tables spread through 217 pages and
in-depth TOC on Video Surveillance as a Service
By Service Components, Application
Geography - Global VSaaS Market Forecast
Analysis. - Early buyers will receive 10 customization
on this report. - http//www.marketsandmarkets.com/Market-Reports/vi
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4- The cloud computing and storage phenomenon is a
revolutionary technology in the IT space which is
slowly but swiftly expanding its horizons into
the slow-adopting video surveillance space. Video
Surveillance and storage on the cloud has several
advantages up its sleeve as it reduces the amount
of technical resources required to maintain a
system while streamlining the security operations
in a centralized IT data center, thus making them
increasingly more efficient.
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5- With the maturity of the VSaaS market in the
years to come, the market would witness the
adoption of three salient models governing the
whole business mode. The first model caters to
the physical security customers who would prefer
storage and retrieval of the video through cloud
which would require no capital investment in the
equipment. The second model would let the usage
of cloud services in the form of a private
network infrastructure which doesnt necessitate
the need for transferring the whole video into
the cloud. The third model postulates the usage
of remote monitoring having servers and storage
on the back-end, the entire video system
infrastructure in between along with the
appliances and cameras on the front end.
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6- The key factors driving the Video Surveillance as
a service (VSaaS) market include IT cost
containment by major corporate, emergence of data
centers, need for centralized data and
application management, new features and
technologies like IOT(Internet of Things) and
field of view(FOV). On the other side, bandwidth
and corporate protocols, network security and
high infrastructure cost restrain the market
growth of video surveillance as a service (VSaaS)
market. In terms of revenue generation, as of
2011, North America held the highest share, i.e.
37.5, followed by Europe with 34.82.
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7- Currently, Video Surveillance as a Service is
used in commercial, institutional,
infrastructural, industrial and residential
applications. Storage on EDGE, intelligent
business services and mobile device access are a
few opportunities expected to open new horizons
for the development of the VSaaS market. Overall,
North America and Europe are the major
contributors in the VSaaS application market, but
a paradigm shift is expected in the next five
years when countries such as Japan, China, and
India will have a major chunk in the market share
of the Video Surveillance as a service market.
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8- Amongst the various end-user applications under
the video surveillance as a service market, the
classification was done on the basis of various
commercial, infrastructural, industrial,
institutional and residential applications.
Amongst the commercial applications, the office
segment is observed to hold the highest share,
i.e. 41.10, growing at a CAGR of 42. In the
infrastructure market (encapsulating highways,
streets bridges, transportation, communications
and stadiums), highways, streets and bridges is
expected to increase with the highest CAGR of
12.9 followed by communications segment growing
with a CAGR of 12.1.
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9- The global video surveillance as a service market
is expected to grow from 474.0 million in 2011
to 2,390.9 million in 2017 at a CAGR of 31.5
from 2012 to 2017. The APAC region is observed to
grow at the highest rate. This is primarily due
to the growth of technology, increasing awareness
about video surveillance and the ever-increasing
need for the cloud services as an option for
efficient data and application management.
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11About MarketsandMarkets
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