Global Video Surveillance and VaaS Market to 2027
Global Video Surveillance and VaaS Market to 2027
Market Overview
Video surveillance and VaaS system monitors activities, behaviors, or other changing information by using electronic equipments. This system is offered with cloud technology and video surveillance devices along with use of multi-mega pixel HD cameras and vast amounts of video surveillance data being generated.
Market Drivers
Rise in number of terrorist attacks and overall security concerns across the globe is the key driving factor which is expected to boost the global video surveillance and VaaS market growth. Furthermore, rise in adoption of advanced surveillance vy various industries will have the positive impact on market growth. Moreover, rise in awareness about the benefits of optimum IP surveillance system such as enhanced system health management, improved video content analysis, and easy video information retrieval are expected to propel the market growth.
Market Restraints
However, data privacy and safety is the major restraining factor which is expected to hamper the global video surveillance and VaaS market growth. Also, lack of technology awareness will affect the market growth.
Market Segmentation
Global Video Surveillance and VaaS Market is segmented into product such as Analog, and IP-Based, by component such as Software, Hardware, and Services. Further, Market is segmented into application such as Industrial, Institutional, Military & Defense, Residential, Infrastructure, and Commercial.
Also, Global Video Surveillance and VaaS Market is segmented into five such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market key Players
Various key players are discussed in this report such as Axis Communications AB, Ivideon, Duranc, Cloudastructure Inc., ADT Security Services, Honeywell Security Group, Genetec Inc., Cameramanager, and Brivo.
Market Taxonomy
By Product
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