Global Video Surveillance and VSaaS Market
Report Highlights
The global market for video surveillance systems and VSaaS should grow from $40.0 billion in 2020 to $76.1 billion by 2025, at compound annual growth rate (CAGR) of 13.8% for the period of 2020-2025.
Report Includes
- 65 data tables and 39 additional tables
- An overview of the global video surveillance and video surveillance as a service (VSaaS) market
- Estimation of the market size and analyses of global market trends, with data from 2019, 2020, and projections of compound annual growth rates (CAGRs) though 2025
- Evaluation of market size and forecast, pipeline analysis of new products, regulatory scenarios and detailed analysis of drivers, challenges, and opportunities affecting market growth
- Discussion on future of video surveillance and growth of wireless CCTV cameras and information on new GDPR guidelines on CCTV surveillance
- Comprehensive company profiles of major players of the industry, including Avigilon Corp., Cisco Systems Inc., Envysion Inc., Honeywell International Inc., and Panasonic Corp.
Report Scope
The global video surveillance and VSaaS market includes hardware (i.e., cameras), software and services. Video surveillance software, video management software and video analytics are expected to be in high demand, as demand increases for Internet Protocol (IP)-based video surveillance systems.
The IP video surveillance market is in an evolutionary phase in developing countries, therefore promising significant potential. Implementation of advanced technologies such as artificial intelligence (AI) and machine learning are increasing the demand for video surveillance. AI provides video surveillance companies with the opportunity to exploit massive investments in surveillance networks around the world and re-define how modern surveillance technologies are built and used, in order to increase safety and security at the monitored sites.
IP surveillance systems have more flexibility and scalability than closed-circuit television (CCTV) and conventional surveillance systems. Analog systems are expandable only to a specific limit. For example, only a limited number of cameras can be added to an existing infrastructure. However, the use of IP surveillance systems is growing for users willing to focus on multilevel or multisite business expansions. For this reason, organizations are expected to prefer IP surveillance systems over analog systems. IP surveillance systems are configured with advanced technology such as video motion detection, frame rate control, automatic brightness control, internal storage memory and remote-zoom features.
Frequently Asked Questions (FAQs)
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
The global video surveillance and VSaaS components market will grow from $19.5 billion in 2015 to $50 billion in 2020 with a compound annual growth rate (CAGR) of 20.7% for the period of 2015- 2020.
Report Includes
- An overview of the global video surveillance and video surveillance as a service (VSaaS) market.
- Analyses of global market trends, with data from 2014, 2015, and projections of compound annual growth rates (CAGRs) though 2020.
- Discussion of related areas, such as the application of nanotechnology to sensors and the development of large-scale storage databases.
- Identification of current and future technologies, products, market segments and end markets, and government and regulatory agencies.
- Analysis of the market's dynamics, specifically drivers, inhibitors, and growth opportunities.
- Profiles of major players in the industry, and discussion of those companies in light of technological strengths and weakness, relative market shares, marketing strengths, and innovative marketing practices.
Report Highlights
The total market demand for surveillance equipment reached nearly $80 billion in 2011 and $81.3 billion in 2012. It will further grow to $127.6 billion by 2017, a compound annual growth rate (CAGR) of 9.4% between 2012 and 2017.
Report Includes
- An overview of the global market for surveillance and security equipment.
- Discussion of related areas, such as the application of nanotechnology to sensors and the development of large-scale storage databases.
- Identification of current and future technologies, products, market segments and end markets, and government and regulatory agencies.
- Comprehensive company profiles of major players in the industry, and discussion of those companies in light of technological strengths and weakness, relative market shares, marketing strengths, and innovative marketing practices.
Report Highlights
- The worldwide surveillance equipment market was valued at $78 billion in 2009 and is expected to increase at a compound annual growth rate (CAGR) of $11.7% to reach $139.2 billion in 2015. The largest end-user segment, industrial/commercial, which includes equipment used in law enforcement surveillance, was worth $49.7 billion in 2009. This market is expected to grow at a compound annual growth rate (CAGR) of 13% to reach $94 billion by 2015.
- The military/government segment of the surveillance equipment market was worth $9.8 billion in 2009 and is projected to reach $16.1 billion by 2015, a compound annual growth rate (CAGR) of 10%.
- Noncommercial applications principally consist of equipment sales for residential surveillance and security. This market was valued at $18.5 billion in 2009, and is expected to grow at a CAGR of 9% to reach $29.1 billion in 2015.