Home
ICT, Semiconductor & Electronics
Software & Services
VSaaS Market Size, Share, Growth & Trend | Forecast Report 2031

VSaaS Market

Name: Growth Market Reports
Address: 500 East E Street, Ontario, 91764, USA
Telephone: +1 909 414 1393

Segments - by Types (Managed, Hosted, and Hybrid), End-users (Government Facilities, Military & Defense, Commercial, Residential, Industrial, Infrastructure, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 - 2031

ICT-SE-4424
4.4 Rating
179 Pages

Upcoming
74 Reviews

Author :

Raksha Sharma

Fact-checked by :

Amulya Agarwal

Editor :

Shruti Bhat

Report Description

VSaaS Market Outlook 2031:

The global VSaaS market size was valued at USD 2.91 Billion in 2022 and is projected to reach USD 11.50 Billion by 2031, expanding at a CAGR of 16.5% during the forecast period 2023 - 2031. The growth of the market is attributed to the rising need for robust surveillance systems across small & medium-sized enterprises and massive R&D programs for the development of innovative VSaaS solutions.

VSaaS or Video Surveillance as a Service is primarily a cloud-based solution that offers a secured platform for video surveillance. It provides a strong cybersecurity service to users as the service enables multiple functions including managing, monitoring, and storing closed-circuit televisions (CCTVs) footages using various cloud platforms.

Users can easily access these platforms to replay the video footage or get real-time surveillance data. As a result, VSaaS is extensively adopted by business enterprises and governments to strengthen their surveillance on the premises of their buildings, manufacturing units, and offices.

For business enterprises, the service provides a secured location for data storage and smart access to real-time surveillance data, which help in reducing the total cost of property ownership and enhancing their data operation.

Moreover, VSaaS allows users to monitor surveillance directly using their personal smart devices and the servers gain access to the CCTVs of homeowners to ensure a better security system around their residential spaces.

The COVID-19 crisis had affected the market moderately due to the decline in the demand for VSaaS solutions across industries, impacted by the prolonged halt of the manufacturing units and facilities. The extended delay in the construction of residential, commercial, and industrial spaces due to movement restrictions and lack of labor availability as a consequence of governments’ emergency lockdowns had hampered the market.

However, the market is expected to boost significantly in the coming years owing to massive government spending on the development of smart cities and improvement in public infrastructures.

VSaaS Market Trends, Drivers, Restraints, and Opportunities

Increasing installation of CCTVs in residential spaces and rising construction of residential buildings, especially in developing countries to meet the need of the growing global population present another key driver of theVSaaS market.
Low-cost VSaaS installation, the rising popularity of IP video surveillance and VSaaS solutions, and the wide availability of low-cost cloud platforms offering large storage space are expected to propel the VSaaS market growth in the coming years.
Issues concerning users’ privacy and strict government regulations towards data security act as restraining factors, which can hamper the VSaaS market.
Lack of awareness regarding the advantages of using VSaaS services, especially in developing countries is another major challenge. This factor is anticipated to impede the market during the forecast period.
Rapid integration of advanced technologies such as Artificial Intelligence (AI) and Machine Learning (ML) for better security and surveillance systems are offering key growth opportunities for the market.

Scope of the VSaaS Market Report

The report on the global VSaaS market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	VSaaS Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Types (Managed, Hosted, and Hybrid) and End-users (Government Facilities, Military & Defense, Commercial, Residential, Industrial, Infrastructure, and Others)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Motorola Solutions, Inc.; Honeywell International Inc.; Genetec Inc.; Securitas AB; Axis Communications AB; Alarm.com; Arcules, Inc.; ADT; Johnson Controls; Comcast Corporation; Duranc Inc; Eagle Eye Networks, Inc.; and Avigilon

VSaaS Market Segment Insights

Hosted segment to expand at a steady growth rate

Based on types, the global VSaaS market is divided into managed, hosted, and hybrid. The hosted segment accounted for a large market share in 2021 and is expected to expand at a steady growth rate during the forecast period owing to the rising adoption of hosted cloud VSaaS platforms across small enterprises, residential, and government facilities.

Moreover, the increasing penetration of high-speed internet such as 4G and 5G, wide users of smartphones, and the availability of low-price cloud storage services further drive the demand for hosted VSaaS, thereby, boosting the segment.

Commercial segment to register a considerable CAGR

On the basis of end-users, the global VSaaS market is segregated into government facilities, military & defense, commercial, residential, industrial, infrastructure, and others. The commercial segment held a major market share in 2021 and is projected to register a considerable CAGR during the forecast period owing to wide applications of VSaaS across various commercial areas.

Video surveillance is strictly implemented in banking & financial institutions, hospitality centers, shopping malls, and warehouses to ensure safety and enhance the security of people and properties including inventories. The rising number of Automated Teller Machines (ATMs) across countries further drives the high penetration of VSaaS in the banking sector to monitor and secure the financial transaction of customers.

North America to dominate the market

In terms of regions, the global VSaaS market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America constituted a dominant market share in 2021 and the trend is likely to continue in the market during the projected period owing to the early acceptance of advanced solutions for video surveillance systems across several industries and the wide implementation of VSaaS in government offices and buildings.

Moreover, massive governments’ allocation of defense budgets, especially by the US Government, for the development of advanced military infrastructure has further expanded the penetration of VSaaS in the region. Securing the public places and constant requirements to monitor security movement or any illegal activities at the borders presents a key factor fueling the regional market.

On the other hand, Asia Pacific is a fast-growing market, and the market in the region is anticipated to expand at a steady growth rate during the forecast period owing to the rising installation of CCTVs in various construction areas and the increasing construction of residential buildings.

Furthermore, the rapid process of urbanization has led governments of major economies such as China, India, and South Korea to build smart cities across metro cities. Increasing governments’ initiatives for better security and surveillance system to monitor and secure public infrastructure and premises presents another key factor for accelerating the penetration of VSaaS services in the region.

Segments

The global VSaaS market has been segmented on the basis of

Types

Managed
Hosted
Hybrid

End-users

Government Facilities
Military & Defense
Commercial
Residential
Industrial
Infrastructure
Others

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Motorola Solutions, Inc.
Honeywell International Inc.
Genetec Inc.
Securitas AB
Axis Communications AB
Alarm.com
Arcules, Inc.
ADT
Johnson Controls
Comcast Corporation
Duranc Inc
Eagle Eye Networks, Inc.
Avigilon

Competitive Landscape

Key players competing in the global VSaaS market are Motorola Solutions, Inc.; Honeywell International Inc.; Genetec Inc.; Securitas AB; Axis Communications AB; Alarm.com; Arcules, Inc.; ADT; Johnson Controls; Comcast Corporation; Duranc Inc; Eagle Eye Networks, Inc.; and Avigilon.

Some of these players have adopted a series of business development strategies including merger and acquisition, entering into partnerships and collaboration, product launches, and production capacity expansion to expand their consumer base and enhance their market share.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. VSaaS Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. VSaaS Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. VSaaS Market - Supply Chain
  4.5. Global VSaaS Market Forecast
     4.5.1. VSaaS Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. VSaaS Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. VSaaS Market Absolute $ Opportunity
5. Global VSaaS Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. VSaaS Market Size and Volume Forecast by Types
     5.3.1. Managed
     5.3.2. Hosted
     5.3.3. Hybrid
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global VSaaS Market Analysis and Forecast by End Users
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by End Users
     6.2.2. Y-o-Y Growth Projections by End Users
  6.3. VSaaS Market Size and Volume Forecast by End Users
     6.3.1. Government Facilities
     6.3.2. Military & Defense
     6.3.3. Commercial
     6.3.4. Residential
     6.3.5. Industrial
     6.3.6. Infrastructure
     6.3.7. Others
  6.4. Absolute $ Opportunity Assessment by End Users
  6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global VSaaS Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. VSaaS Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global VSaaS Demand Share Forecast, 2019-2026
8. North America VSaaS Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America VSaaS Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America VSaaS Market Size and Volume Forecast by Types
     8.4.1. Managed
     8.4.2. Hosted
     8.4.3. Hybrid
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America VSaaS Market Size and Volume Forecast by End Users
     8.7.1. Government Facilities
     8.7.2. Military & Defense
     8.7.3. Commercial
     8.7.4. Residential
     8.7.5. Industrial
     8.7.6. Infrastructure
     8.7.7. Others
  8.8. Basis Point Share (BPS) Analysis by End Users
  8.9. Y-o-Y Growth Projections by End Users
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America VSaaS Demand Share Forecast, 2019-2026
9. Latin America VSaaS Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America VSaaS Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America VSaaS Market Size and Volume Forecast by Types
     9.4.1. Managed
     9.4.2. Hosted
     9.4.3. Hybrid
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America VSaaS Market Size and Volume Forecast by End Users
     9.7.1. Government Facilities
     9.7.2. Military & Defense
     9.7.3. Commercial
     9.7.4. Residential
     9.7.5. Industrial
     9.7.6. Infrastructure
     9.7.7. Others
  9.8. Basis Point Share (BPS) Analysis by End Users
  9.9. Y-o-Y Growth Projections by End Users
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America VSaaS Demand Share Forecast, 2019-2026
10. Europe VSaaS Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe VSaaS Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe VSaaS Market Size and Volume Forecast by Types
     10.4.1. Managed
     10.4.2. Hosted
     10.4.3. Hybrid
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe VSaaS Market Size and Volume Forecast by End Users
     10.7.1. Government Facilities
     10.7.2. Military & Defense
     10.7.3. Commercial
     10.7.4. Residential
     10.7.5. Industrial
     10.7.6. Infrastructure
     10.7.7. Others
  10.8. Basis Point Share (BPS) Analysis by End Users
  10.9. Y-o-Y Growth Projections by End Users
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe VSaaS Demand Share Forecast, 2019-2026
11. Asia Pacific VSaaS Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific VSaaS Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific VSaaS Market Size and Volume Forecast by Types
     11.4.1. Managed
     11.4.2. Hosted
     11.4.3. Hybrid
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific VSaaS Market Size and Volume Forecast by End Users
     11.7.1. Government Facilities
     11.7.2. Military & Defense
     11.7.3. Commercial
     11.7.4. Residential
     11.7.5. Industrial
     11.7.6. Infrastructure
     11.7.7. Others
  11.8. Basis Point Share (BPS) Analysis by End Users
  11.9. Y-o-Y Growth Projections by End Users
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific VSaaS Demand Share Forecast, 2019-2026
12. Middle East & Africa VSaaS Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa VSaaS Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa VSaaS Market Size and Volume Forecast by Types
     12.4.1. Managed
     12.4.2. Hosted
     12.4.3. Hybrid
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa VSaaS Market Size and Volume Forecast by End Users
     12.7.1. Government Facilities
     12.7.2. Military & Defense
     12.7.3. Commercial
     12.7.4. Residential
     12.7.5. Industrial
     12.7.6. Infrastructure
     12.7.7. Others
  12.8. Basis Point Share (BPS) Analysis by End Users
  12.9. Y-o-Y Growth Projections by End Users
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa VSaaS Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global VSaaS Market: Market Share Analysis
  13.2. VSaaS Distributors and Customers
  13.3. VSaaS Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Motorola Solutions, Inc.
     13.4.2. Honeywell International Inc.
     13.4.3. Genetec Inc.
     13.4.4. Securitas AB
     13.4.5. Axis Communications AB
     13.4.6. Alarm.com
     13.4.7. Arcules, Inc.
     13.4.8. ADT

Methodology

Purchase Premium Report

Buy Now

Request For Sample

Request For Customization

Enquiry Before Buying

Speak With Analyst

Customize This Report

Ask for Research To Be Focused On Specific Regions or Segments
Receive Data As Per Your Format and Definition
Companies Profiled based on Your Requirements
Breaking Down Competitive Landscape as per Your Requirements
Any Level of Customization

Our Clients

Client Testinomials

We needed a highly accurate and precise report, which Growth Market Reports delivered promptly. The company compiled information from a wide array of reliable agencies and sourcess.It is extremely satisfactory to be working with you.
Strategy Head of Major Tech Company

We were very pleased to contact Growth Market Reports as they tailored reports precisely as per our requirements. As we are dealing with the aerospace and defense industry, we need reports of high accuracy and substantial quality.
Major Player in Defense Industry

Extremely delighted to have a well-crafted report on “Global Packaging Solutions Market Research Report” from your team. Thank you for providing me with all our requirements and for incorporating our suggestions.
CMO of Leading Packaging Company from USA

I had a good experience working with Growth Market Reports as they were very open to all constructive changes in the report. I found that the report had its charm embedded with ample of data.
Founder and Managing Partner of Major Korean Company

Our company has been working with Growth Market Reports for some years now and we are very happy with the quality of the reports provided by the company.I, on behalf of my organization, would like to thank you for offering professional reports.
Global Consulting Firm

Quick Contact

+1 909 414 1393

sales@growthmarketreports.com

Growth Market Report

Certified By