Video Surveillance As A Service (VSaaS) Market by 2017

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Global Video Surveillance as a Service Market
worth 2,390.9 Million by 2017
MarketsandMarkets Presents
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• 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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• 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.
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• 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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• 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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• 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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• 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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• 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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• 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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