Video Surveillance as a Service Market 2018: Global Analysis, Emerging Opportunities, Historical Analysis, Sales Revenue, Growth Factors and Potential of Industry Till 2022

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Via Video surveillance as a Service is the process of monitoring & observing the activities, the behavior and movements of an individual or a group to provide improved security. Growing demand of cloud technology helps the organization like small and large business units to store their data into cloud for monitoring. This increase on-cloud deployment also play a major role in gain the large market share by the end of the forecasted period. Industrial segment such as retail stores, government departments, hospitals, transportation among others are some of the fastest growing area where video surveillance are used as service. The integration of the video surveillance solutions with a transportation industry is also a major area interest in recent years for most of the big players. The company like Hangzhou Hikvision Digital Technology Co., Ltd. a leading supplier of innovative video surveillance products and solutions, has teamed up with the Memphis Police Department (MPD) to protect the residents of Memphis in Tennessee, the U.S. The city has also built a Real Time Crime Center where they can view live video feeds and provide critical information to officers before they arrive at a crime scene.

The key drivers contributing to the growth of the global video surveillance as a service market are increasing adoption of high end cameras, and the growing internet of things technology in various sectors. Adoption of high camera such as HD camera, IP camera helps to capture clear, and accurate images that can be further be utilized for analysis as and when required. By the implementation of VSaaS services a robust security infrastructure can be created in remote areas without even deploying a manpower.

The emergence of advanced video surveillance technologies is also expected to drive the overall growth of the market. The restraining factors towards the growth of the market are network security, high infrastructure cost related to installation and corporate protocols.

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