Increasing Demand for Real Time Access to Boost Global Video Surveillance as a Service Market

Published On : 20 Dec 2018

Rising demand for remote access and real time access for video surveillance data is one of the important factors supporting growth of the global video surveillance as a service market. Moreover, low initial expense of the needed to avail the facility of Video surveillance likely to be another factors contributing toward growth of this market in coming years. Moreover, the flexible scalability offered by the video surveillance as a service likely to argument for the growth of this market. 

Hybrid Video Surveillance as a Service provides high security for surveillance by the end of consumers as well as by the service providers. Also rising demand from the financial and banking sector to propel growth of the global video surveillance as a service market. Apart from the data security, the Video Surveillance as a Service also helpful in adding new camera and this made the video surveillance as a service more popular among the end user such as retail, enterprise and financial institution. These are some of the factors bolstering growth of several services which requires security of the data in coming years.

Presence of large and Small Scale Players to Drive Market Growth

The growth of the global market for video surveillance as a service mainly depends on various key player operating in this market. Some of the players functioning in this market include Nest Labs, Inc. (US), Honeywell International Inc. (US), Pacific Controls (UAE), Camera manager (Netherlands), and Smartvue Corporation (US). The manufacturers operating in this market are mainly focused toward the high quality to drive growth of this market. Presence of large scale and small scale operators in the video surveillance as a service market depicts fragmented structure, thanks to presence of regional and international operators.

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APAC to Lead Global Video Surveillance as a Service Market Owing to Rising Adoption

Growing security concern in the religious place and educational place and increasing retail store, infrastructural projects are some of the factors promoting growth of the global Video surveillance as a service market in the APAC region. Rising adoption of customer device like smart phones, laptops and tablets and presence of various system providers are few parameters augmenting growth of the global video surveillance as a service market in APAC region. Also, the availability of low cost product is another factors majorly supplementing growth of the video surveillance as a service market in this region.

The rising trend for remote access to the video surveillance and high security concern due to terror threats is one of the key parameters positively supporting Growth of the global video surveillance as a service market in this region.

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