A new report offered by Researchmoz, predicts that the Video Surveillance as a Service market (VSaaS) will grow at an impressive CAGR of 28.22% between 2016 and 2020. The report offers an in-depth study incorporating thoughtful insights, industry-validated data, and historical information about the market. The present size of the market and the anticipated growth rate of the market in forthcoming years have also been included in this study. Furthermore, the threats experienced by the prime vendors dominant in the market, in addition to the key factors influencing the development of the market in the Americas, Europe, the Middle East and Africa (EMEA), and APAC, have also been presented.
The first chapter of the report commences by presenting a market overview and provides elaboration upon aspects such as the evolution of VSaaS, its benefits, workflow, and VSaaS process. VSaaS means hosted cloud-based video surveillance and this type of service includes remote viewing, video recording, storage, cyber security, and management alerts. Video management and processing takes place offsite utilising the cloud, although the VSaaS system can also utilise a simple on-site device for communicating with the cloud and cameras.
The business models of VSaaS have also been highlighted in the findings. The study states that VSaaS is being highly demanded by companies, both small-scale as well as large-scale, and also by governments within numerous nations. The key benefits of using VSaaS for companies include low initial investment, per-use payment, instant access, and easy deployment. The various services under VSaaS include cloud-based video content analytics, real-time monitoring via the internet, remote video monitoring, and on and off-site storage.
