As services have only just begun to roll out, the video surveillance-as-a-service (VSaaS) market in India is still at a nascent stage. Nevertheless, the deployment of cloud-based models, government efforts to improve IT infrastructure, and rising awareness on the benefits of robust surveillance solutions will spur implementation of VSaaS.

Considering the critical nature of providing video surveillance services, cementing the first mover advantage in this market is crucial for market participants. New analysis from Frost & Sullivan Strategic Analysis of Video Surveillance-as-a-Service Market in India, finds that while there were only 20,898 camera sites which could have been serviced by VSaaS solutions in 2012, the addressable market for VSaaS will rise steeply post 2016 due to government policies on electronics coming to fruition and the completion of several infrastructure projects to reach 441,742 units in 2018.

“Increased infrastructure spending and the projected growth of multi-brand retail will fuel the VSaaS market in India. The cost and business benefits for end users, including better streamlined surveillance expenditure for enterprises, will further boost VSaaS popularity in the country” said Frost & Sullivan Analyst.

Moreover, the transition to more efficient video compression technologies will enhance the value for customers and encourage VSaaS usage.

The availability of robust bandwidth, along with storage will become key differentiators for the market. However, low penetration of broadband in India and relatively slow uptake of video surveillance will pose a challenge […]