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Video Surveillance as a Service Market - Growth, Trends, Covid-19 Impact, And Forecasts (2020-2030)

person Posted:  Shraddha Nevase
calendar_month 15 Jul 2022
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Market Overview

The Global Video Surveillance as a Service Market is expected to grow at a CAGR of 18.3% and reach a value of USD 10.88 billion by the end of the forecast period. Video surveillance as a Service is a method of continuously monitoring and every day observing an individual’s or a group’s actions, physical behavior, and casual movements to deliver advanced improved security. The growing demand for current cloud technology enables businesses of all sizes, including small, medium, and large businesses, to store essential data in the cloud for monitoring and vigilance. These growing on-cloud deployment techniques will also help to increase Global video surveillance as a service market share by the conclusion of the forecast period. 

Various industrial segments, such as small retail businesses, local government agencies, hospitals, and the transportation sector, are among the fastest-growing areas where video surveillance is being employed as a service. The enhanced integration of video surveillance technologies with the modern transportation industry is also a major focus for all of the major players in recent years.

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Market Segmentation: 

Based on the division of components, the video surveillance market has been segmented into hardware components and software/analytics.

Based on the services, the video surveillance as a service market has been segmented into advanced managed hosting and others.

Based on the end-users, the video surveillance as a service market has been segmented into the industrial sector, commercial sector, infrastructure, and residential sector.

Based on the region, the video surveillance market has been segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW).

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