ASIA PACIFIC VIDEO SURVEILLANCE AS A SERVICE (VSAAS) MARKET FORECAST 2019-2027

ASIA PACIFIC VIDEO SURVEILLANCE AS A SERVICE (VSAAS) MARKET FORECAST 2019-2027

  • November 2018 •
  • Report ID: 4976567
KEY FINDINGS
The Asia-Pacific video surveillance market is expected to grow at a CAGR of 21.36% during the forecast period 2019-2027 and is estimated to generate a revenue of $ xx million by the year 2027. Growing use of video surveillance in educational institutions, increased adoption of thermal cameras and a rise in wireless IP surveillance are some of the factors which are majorly responsible for the growth of the market.

MARKET INSIGHTS
China and India are the major markets in the Asia-Pacific region.The Indian video surveillance market is expected to grow faster than many other countries during the forecast period.

The market exhibits a strong growth potential because of the industrial, commercial as well as residential applications of the surveillance technology.The commercial application is currently more dominant in the market as compared to others.

The emergence of IP video surveillance has considerably accelerated the growth of the market.The analog video surveillance is also a fast-growing surveillance type in the market.

On the basis of service, the market is subdivided into hosted, managed and hybrid type. Currently, the hosted service market holds the highest share in the market.

COMPETITIVE INSIGHTS
Cisco Systems, Verint Systems Inc., Mobotix Ag, Axis Communications Ab, Neovsp, Envysion Inc., ADT Security Corporation, Bosch Security Systems, Honeywell Security Group, Genetec Inc., Indigo vision Ltd and others are some of the top companies in the market for video surveillance technology and equipment.

Companies mentioned
1. ADT SECURITY SERVICES
2. AXIS COMMUNICATIONS AB
3. BOSCH SECURITY SYSTEM
4. CISCO SYSTEMS
5. CLOUDASTRUCTURE INC.
6. CONTROLBYNET
7. DURANC
8. ENVYSION
9. GENETEC INC.
10. HONEYWELL SECURITY GROUP
11. INDIGOVISION LTD
12. IVIDEON
13. MOBOTIX AG
14. NEOVSP
15. PACIFIC CONTROLS
16. VERINT SYSTEMS INC.