Global Growth Video Surveillance and VSaaS Market 2024
Global Video Surveillance and VSaaS Market: Snapshot
The largest component segment in the global video surveillance and VsaaS market continues to be video surveillance hardware. Currently, the primary factor working in this segment’s favor is the growing demand for IP-enabled security cameras in the field of physical security. It allows users to remotely survey their property and is in high demand across all industry verticals, government agencies, as well as individual consumers.
IP-enabled video surveillance systems offer superior video quality as well as hardware and software scalability, allowing this market segment to be the largest one today. This type of video surveillance is growing even faster thanks to the recent innovations in data storage, especially in systems integration. Providers for video surveillance solutions are driven to provide end-user based customizations, such as the integration of point-of-sales tracking with video surveillance for the retail industry.
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North America Looks to IP-enabled Video Surveillance, APAC to Mid and Low-end Surveillance Solutions
North America and Asia Pacific held nearly equal shares in 2015 over for video surveillance and VSaaS solutions. This could change will 2024, owing to a higher growth rate exhibited by Asia Pacific.
This region is being dominated by players that are providing highly cost-effective security solutions that cater to the needs of the high population densities of India and China. Both countries are showing an exception growth in industry and residential sectors, giving rise to the need for better and larger security networks.
Additionally, the national governments in this regions are ramping up security measures in public places such as airports, sports stadiums, and metros and railways. The China government, for instance, expects to launch its own facial recognition video security systems throughout all public places by 2022.
The largest component segment in the global video surveillance and VsaaS market continues to be video surveillance hardware. Currently, the primary factor working in this segment’s favor is the growing demand for IP-enabled security cameras in the field of physical security. It allows users to remotely survey their property and is in high demand across all industry verticals, government agencies, as well as individual consumers.
IP-enabled video surveillance systems offer superior video quality as well as hardware and software scalability, allowing this market segment to be the largest one today. This type of video surveillance is growing even faster thanks to the recent innovations in data storage, especially in systems integration. Providers for video surveillance solutions are driven to provide end-user based customizations, such as the integration of point-of-sales tracking with video surveillance for the retail industry.
Request A Sample Of This Report:
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1693
North America Looks to IP-enabled Video Surveillance, APAC to Mid and Low-end Surveillance Solutions
North America and Asia Pacific held nearly equal shares in 2015 over for video surveillance and VSaaS solutions. This could change will 2024, owing to a higher growth rate exhibited by Asia Pacific.
This region is being dominated by players that are providing highly cost-effective security solutions that cater to the needs of the high population densities of India and China. Both countries are showing an exception growth in industry and residential sectors, giving rise to the need for better and larger security networks.
Additionally, the national governments in this regions are ramping up security measures in public places such as airports, sports stadiums, and metros and railways. The China government, for instance, expects to launch its own facial recognition video security systems throughout all public places by 2022.