Product Overview

Video surveillance as a service (VSaaS) relates to cloud-based video surveillance that is hosted. Usually, the service includes video recording, storage, remote viewing, warnings for management, and cybersecurity. Video processing and management are carried out off-site using the cloud, although the VSaaS system can have a simple on-site interface that serves as a communication conduit to communicate with the cameras and the cloud. A video surveillance device can capture images and videos that can be compressed, saved, or sent over networks of communication.

Market Highlights

VSaaS Market is expected to project a notable CAGR of 16.7% in 2030.

VSaaS Market to surpass USD 6.7 Billion by 2030 from USD 2.7 billion in 2018 at a CAGR of 16.7% throughout the forecast period, i.e., 2019-30. The market is expected to be driven by a growing number of security issues at a global level, coupled with increased investment in sophisticated surveillance network growth. It is also expected that increased demand for traffic monitoring and intrusion detection will fuel market growth over the next six years. Technological development has led to improved surveillance cameras and related devices being developed. The VSaaS market is expected to be positively influenced by decreasing IT costs and centralized data management. The introduction of big data analytics tools is expected to provide companies operating in the industry with viable growth opportunities. Mobile video monitoring facilitates the display of data in real time, which provides the vSaaS industry with growth opportunities.

VSaaS Market: Segments

Hosted Segment to grow with the highest CAGR during 2019-30

VSaaS Market is segmented by Type into Hosted, Managed, and Hybrid. The greater market share in 2018 was accounted for by Hosted VSaaS due to the demand for VSaaS is driven by a growing concern among users about improving security, a rising number of government measures to improve public security, and ongoing improvements in infrastructure, including transport hubs. Furthermore, the growth of the VSaaS market is also driven by the rising number of smart cities and the growing importance of VSaaS for retail, SMBs, and residential applications. Growing mobile penetration in developing countries, coupled with technological developments in telecom networks, such as LTE availability and the growing 5G trend, and high-speed Internet access, are helping the host VSaaS market to expand further as high Internet speed is one of the fundamental requirements of service providers and consumers.

Military & Defense segment to grow with the highest CAGR during 2019-30

VSaaS Market is segmented by Industry into Commercial, Infrastructure, Residential, Public Facilities, Military & Defense, and Industrial. Based on industry, the commercial segment holds the largest share in 2018 owing to The VSaaS market is driven by the growing adoption of VSaaS in retail chains, residential apartments, small businesses, healthcare organizations, banks, government buildings, urban surveillance, and production sites. In order to improve protection, mitigate fraud, and minimize inventory loss, demand for VSaaS in the commercial vertical is growing. In recent years, the adoption of VSaaS in financial institutions and banks to track customers and employee activities has been growing, owing to the benefits provided by VSaaS, such as lower initial investments, flexibility in adding devices, and remote access to surveillance data. The growing adoption of VSaaS in the hospitality industry to recognize possible threats is also driving the commercial vertical demand for VSaaS.

VSaaS Market: Market Dynamics

Drivers

Advancements in Video Analytics and AI Transforming

Within the VSaaS industry, there is a huge increase in demand for cloud-based services from different end-users. The growth can be attributed to various advantages of cloud-based systems, including among others, faster response times and remote monitoring. A development that is expected to continue throughout the forecast period is the adoption of cloud-based services. In the current video surveillance and VSaaS industry, stakeholders are optimistic that more research and technological developments would bring substantial changes to the VSaaS market.

Declining prices of cameras

In VSaaS, at a substantially low cost, video data is handled by service providers. On the cloud, the data is processed. Physical data storage devices and personnel are also not necessary, which decreases the expense of IT hiring by a considerable amount, including wages, benefits, and other related costs. All surveillance-related operations, including recording, monitoring, and maintenance, are handled by service providers, which helps to minimize the costs associated with the personnel needed to monitor the system. Since minimal hardware is used it allows businesses to maximize the cost-effectiveness of the solution, produce better performance, and obtain a better return on investment (RoI). End-users can save hundreds of dollars on equipment and invest the money in additional cameras or other areas of their business by eliminating the cost of buying servers, hard drives, and camera licenses. VSaaS thus lowers the cost of upfront capital.

Restraints

Privacy and hacking concerns regarding data usage

VSaaS provides information storage in the cloud. A multi-tenant network in which resources are shared is the cloud. It is also an external entity with the ability to access the data of a client. Users have been concerned about who is watching the video and how the video might be used or misused, as individuals expect their personal information to be used for legitimate and unique purposes only. Besides, cloud services are designed to allow users to back up their data in real-time that could be viewed, leaked, or stolen by unauthorized workers, or misused. This might limit the growth of the market for VSaaS.

VSaaS Market: Regions

VSaaS Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA.

VSaaS Market in North America held the largest market share of XX.X% in the year 2018 and is characterized by the presence of several industry participants. Over the forecast period, Asia Pacific is expected to gain market share, mainly due to the increasing installation of surveillance equipment in China and India, as well as increased infrastructure expenditure in the region. In China and India, the rising population is also generating significant demand for smart video surveillance solutions. The presence of a large number of camera manufacturers and the low cost of video surveillance systems provide opportunities for the area to develop in the VSaaS market. Demand for VSaaS is also created by government initiatives to increase public safety and to increase the development of infrastructure in the region. There are also opportunities for the industry due to the rising penetration of emerging technology such as automated number plate recognition, facial recognition, people counting, retail management, remote asset management, and crowd management.

Competitive Landscape:

The VSaaS market, which is highly competitive, consists of several major players such as ADT (US), Johnson Controls (Ireland), Axis Communications AB (Sweden) hold a substantial market share in the VSaaS market. Other players analyzed in this report are Avigilon, a Motorola Solutions Company (Canada), Stanley Black & Decker, Inc. (US) among others.

Recently, various developments have been taking place in the market. In August 2020, Motorola Solutions announced the availability of the newest addition to its video security and analytics portfolio, the H4 Thermal Elevated Temperature Detection (ETD) Solution. It can be used to detect elevated body temperature in a person and focus on the key elements of safety and security around COVID-19, including prevention, protection, and response.

VSaaS Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

VSaaS Market: Key Players

Panasonic System Networks Co. Ltd.

Company Overview

Business Strategy

Key Product Offerings

Financial Performance

Key Performance Indicators

Risk Analysis

Recent Development

Regional Presence

SWOT Analysis

Genetec, Inc.,

D-Link Systems, Inc.,

GeoVision, Inc.,

Agent Video Intelligence Ltd.,

Pelco, Inc.,

Robert Bosch GmbH,

Axis Communications AB,

FLIR Systems, Inc.,

NETGEAR Inc.,

Homeboy, Inc., and

Canary Connect, Inc.

VSaaS Market report also contains analysis on:

VSaaS Market Segments:

By Type:

Hosted

Managed

Hybrid

By Industry:

Commercial

Retail Stores & Malls

Enterprises

Banking & Financial Buildings

Hospitality Centers

Warehouses

Infrastructure

Transportation & City Surveillance

Transportation

City Surveillance

Public Places

Utilities

Residential

Military & Defense

Public Facilities

Healthcare Buildings

Educational Buildings

Religious Places

Government Buildings

Industrial

VSaaS Market Dynamics

VSaaS Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Contents

1. Executive Summary

2. VSaaS Market

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

6.1. Growth Drivers

6.2. Restraints

6.3. Opportunity

6.4. Trends

7. Correlation & Regression Analysis

7.1. Correlation Matrix

7.2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

9.1. Demand Risk Analysis

9.2. Supply Risk Analysis

10. VSaaS Market Analysis

10.1. Porters Five Forces

10.1.1. Threat of New Entrants

10.1.2. Bargaining Power of Suppliers

10.1.3. Threat of Substitutes

10.1.4. Rivalry

10.2. PEST Analysis

10.2.1. Political

10.2.2. Economic

10.2.3. Social

10.2.4. Technological

11. VSaaS Market

11.1. Market Size & forecast, 2019A-2030F

11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. VSaaS: Market Segmentation

12.1. By Regions

12.1.1. North America:(U.S. and Canada)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.2. Europe: (Brazil, Mexico, Argentina, Rest of Latin America)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.3. Asia-Pacific: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.4. LATAM: (Brazil, South Africa, Saudi Arabia, U.A.E. and Other Countries)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.5. MEA: (Brazil, South Africa, Saudi Arabia, U.A.E. and Other Countries)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2. By Type: Market Share (2020-2030F)

12.2.1. Hosted, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.2. Managed, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.3. Hybrid, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3. By Industry: Market Share (2020-2030F)

12.3.1. Commercial, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.2. Infrastructure, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.3. Residential, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.4. Military & Defense, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.5. Public Facilities, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.6. Industrial, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

13. Company Profile

13.1. Panasonic System Networks Co. Ltd.

13.1.1. Company Overview

13.1.2. Company Total Revenue (Financials)

13.1.3. Market Potential

13.1.4. Global Presence

13.1.5. Key Performance Indicators

13.1.6. SWOT Analysis

13.1.7. Product Launch

13.2. Genetec, Inc.,

13.3. D-Link Systems, Inc.,

13.4. GeoVision, Inc.,

13.5. Agent Video Intelligence Ltd.,

13.6. Pelco, Inc.,

13.7. Robert Bosch GmbH,

13.8. Axis Communications AB,

13.9. FLIR Systems, Inc.,

13.10. NETGEAR Inc.,

13.11. Homeboy, Inc., and

13.12. Canary Connect, Inc.

13.13. Other Prominent Players

14 Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)