New York, March 15, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Global Video Surveillance and VSaaS Market” – https://www.reportlinker.com/p06036107/?utm_source=GNW
The IP video surveillance market is at an evolving stage in developing countries, therefore promising great potential. The implementation of advanced technologies such as artificial intelligence (AI) and machine learning is increasing the demand for video surveillance.
AI enables video surveillance companies to take advantage of major investments in monitoring networks around the world and redefine how modern surveillance technologies are built and used, to increase safety and security at the sites inspected.
IP monitoring systems have more flexibility and scalability than closed circuit television (CCTV) and conventional surveillance systems. Analog systems can only be extended to a certain extent.
For example, only a limited number of cameras can be added to the existing infrastructure. At least, the use of IP monitoring systems is growing for consumers who are willing to focus on multilevel or multisite business expansion.
For this reason, organizations are expected to prefer IP monitoring systems over analog systems. IP monitoring systems are configured with advanced technology such as video motion detection, frame rate control, automatic brightness control, internal storage memory and remote zoom features.
Report includes:
– 65 data tables and 39 additional tables
– Overview of global video analytics and video analytics as a service marketplace (VSaaS)
– Market size measurements and analyzes of global market trends, with data from 2019, 2020, and projected annual growth rates (CAGRs) for 2025
– Assessment of current market trends, market size, market forecast, pipeline analysis of new products, and regulatory scenarios and detailed analysis of drivers, challenges, and opportunities affecting market growth
– Discussion on the future of video surveillance and the growth of wireless CCTV cameras and information on new GDPR guidelines on CCTV monitoring
– Impact of COVID-19 on video surveillance and video surveillance as a service market (VSaaS)
– Market segment analysis of the key players in the industry, and discussion of these companies due to technological strengths and weaknesses, and innovative marketing practices
– Complete company profiles of key industry players, including Avigilon Corp., Cisco Systems Inc., Envysion Inc., Honeywell International Inc., and Panasonic Corp.
Summary:
Video surveillance centers around the world have widely adopted video surveillance, which is now being used to be better equipped for emergencies and to deal with security issues. Users of video surveillance systems include residences, retail, business organizations, transportation, government buildings, and hospitality, business and educational institutions.
A video surveillance system (VSS) can consist of components such as cameras, recording / control units and an output interface (e.g., monitors). In addition, most systems are also equipped with storage, encoders and management software.
The global market for video surveillance and video as a service (VSaaS) at REDACTED was valued in 2019. The global video market and VSaaS market is expected to grow at a CAGR of REDACTED and is expected to reach REDACTED ro 2025.
For this report, the video and VSaaS monitoring market was segmented by type, component, application and geography. Based on type, the VSaaS video and market analysis was divided into analog video analysis and IP-based video analysis.
The latter accounts for the largest market share and was evaluated at REDACTED in 2019. The transition from analog video to IP monitoring has been one of the largest
technological advances, which led to an entirely new industry. The video surveillance industry received a boost from the power and accessibility of the internet, which led to a combination of IP video surveillance and IP infrastructure.
Based on component, the video surveillance and VSaaS market is divided into hardware, software and services.Hardware controls the video surveillance and VSaaS market in 2019 in terms of revenue share, which REDACTED.
Increasing demand for cameras and monitors is a key driver of this sector. By application, the video surveillance and VSaaS market is segmented by the consumer: residential, retail (malls and multiplexes), businesses (financial centers, offices and workplaces), transportation (airports, railways , road transport, town survey, streets and motorways), government buildings, hospitality, business, healthcare and stadiums.
Read the full report: https://www.reportlinker.com/p06036107/?utm_source=GNW
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