World IP Video Surveillance And VSaaS Market Worth US$61.3 Billion By 2022

market_research7

Research and Markets has announced the addition of the “World IP Video Surveillance & VSaaS Market: Opportunities and Forecasts, 2015 – 2022” report to their offering.

According to a new report titled “World IP Video Surveillance and VSaaS Market”, the global IP video surveillance and VSaaS market is expected to reach $61.3 billion by 2022. North America is anticipated to account for the highest share of the overall market revenue during the forecast period (2016 2022). The Asia-Pacific region is expected to witness the fastest CAGR during the forecast period and account for 25% share of the overall market revenue by 2022.

The market by type comprises hardware, software, cloud-based solutions and services. The IP surveillance hardware segment occupied a prominent share of the overall market in 2015. However, the service segment is expected to grow at the fastest CAGR of 23.6% from 2016 to 2022, owing to increasing demand of VSaaS and the increasing requirement of system maintenance and update amongst the users. The software segment is anticipated to witness a CAGR of 19.3% from 2016 to 2022, owing to the rising demand of advanced video management and video analytics solutions in various industry verticals.

Based on application areas, the IP surveillance and VSaaS market is segmented into banking & financial sector, retail, healthcare, government & higher security, manufacturing & corporate, residential, entertainment & casino, and others. The government & higher security segment is expected to adopt IP surveillance system at the fastest pace during the analysis period and is anticipated to exhibit a prominent CAGR of 18.8% from 2016 to 2022. The growth would be supplemented by increasing usage of video security solutions at government organizations, public places, and others.

New product launch is one of the prominent strategies adopted by players in order to meet customer demands across various industries. Video management software solution providers consistently launched innovative video surveillance and video management software solutions with an improved user interface and advanced video management capabilities to outperform their competitors. For example, surveillance software technology of Genetec was designed to cater to the requirements of intelligence agencies. Moreover, companies have strengthened their distribution channels by partnering with leading distributors in home as well as foreign markets to gain competitive advantage. For instance, Axis Communication AB partnered with reputed distributors to strengthen its distribution network in emerging markets. Similarly, NBM distributors, a distribution partner of Mobotoix AG, enabled it to widen its distribution network in the U.K.

KEY FINDINGS OF THE STUDY:

  • North America would account for the largest share of the overall market during the forecast period
  • The government and higher security application segment is expected to witness fastest adoption of IP surveillance during 2016 – 2022
  • The Asia-Pacific market is anticipated to exhibit the highest CAGR of 22.1% during the forecast period
  • The hardware segment, that comprises IP camera, monitors and storage hardware sub-segments, is anticipated to account for the largest share of the overall market throughout the forecast period
  • The service segment is likely to achieve the fastest growth during 2016 – 2022, owing to increasing demand of VSaaS and increasing requirement of system maintenance and updating amongst the users

Companies Mentioned:

  • Arecont Vision
  • Avigilon Corporation
  • Axis Communication AB
  • D-Link Corporation
  • Genetec
  • GeoVision Inc.
  • March Networks
  • Milestone Systems
  • Mobotix AG
  • Panasonic Corporation

Report Structure:

Chapter: 1 INTRODUCTION
Chapter: 2 EXECUTIVE SUMMARY
Chapter: 3 WORLD IP VIDEO SURVEILLANCE AND VSAAS MARKET OVERVIEW
Chapter: 4 WORLD IP VIDEO SURVEILLANCE AND VSAAS MARKET, BY PRODUCT TYPE
Chapter: 5 IP VIDEO SURVEILLANCE AND VSAAS MARKET, BY APPLICATION
Chapter: 6 IP VIDEO SURVEILLANCE AND VSAAS MARKET, BY GEOGRAPHY
Chapter: 7 COMPANY PROFILES

See more information about the report at the link below:

Please follow and like us:
Source: researchandmarkets.com
0 Comments

Home Forums World IP Video Surveillance And VSaaS Market Worth US$61.3 Billion By 2022

This topic contains 1 reply, has 2 voices, and was last updated by  Tessa Lane 3 months, 1 week ago.

  • Author
    Posts

  • Tessa Lane

    If you’re interested in exchanging your current surveillance camera to an ip security camera system, we can provide you with great prices on any system and professional security camera installation. PTZ cameras have uses for all of the above. Whatever you’re searching for, you will come across an Axis network camera to fit your requirements.
    outdoor ptz camera
    If this is the case, you’ll want to think about a camera that has built-in audio. As soon as you have the camera in place, the way that you use it’s only restricted by your imagination. Some night vision security camera have the capability to capture full-color night vision in the ideal lux settings. To cover different instances, you’ll want to have one or more general-purpose security cameras. Outdoor security cameras have a selection of fields of view. They come in all shapes and sizes. Today’s house security cameras are easy to install and monitor, because of web-enabled interfaces and apps.

    best night vision security camera
    how much do security cameras costt
    motion activated camera

    #474312 Reply
How you feel about it?
Your information: