DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/hkpljz/video) has announced the addition of the "Video Surveillance and VSaaS Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" report to their offering.
The global market for video surveillance and VSaaS was valued at USD 12.58 billion in 2012 and is expected to reach USD 42.81 billion by 2019, growing at a CAGR of 19.1% during the forecast period from 2013 to 2019. The market is majorly driven by increasing security measures in order to prevent terrorism and crime. In addition, business organizations and general public have started recognizing the need and importance of obtaining useful data from surveillance footage, which in turn, is contributing to the demand of video analytics. Further, owing to the shift from analog to IP cameras, there is need for large capacity storage which is driving the demand for cloud based storage and services (VSaaS).
Among the product segments, camera segment accounted for around 24% share in 2012 of the total video surveillance and VSaaS market. The demand for cameras is driven by increased use in applications such as traffic monitoring, security as well as demographic monitoring. Moreover, upcoming major sports events such as the 2014 FIFA World Cup Brazil, 2016 Brazil Olympics, Sochi 2014 Winter Olympics, and 2018 FIFA World Cup Russia among others are also expected to boost the demand for surveillance cameras during the forecast period. Another important factor to be considered is increasing trend of replacing analog cameras by IP-based cameras in high-end applications which would further drive the market for cameras.
End-user segments of video surveillance and VSaaS include residential, retail, business organizations, transportation, government buildings, industrial and others. Transportation industry which includes mass transit mediums, city and highway surveillance is the largest end user of video surveillance and VSaaS. Growing use of IP systems have resulted in an overload of recorded data generated and spurred the demand for cloud based storage. In addition, enhanced cloud based services and analytics have contributed to the growth of the VSaaS market. North America is the largest regional market for video surveillance and VSaaS products; Asia Pacific is expected to grow at a fast pace, registering a CAGR of around 23% during the forecast period.
Key Topics Covered
1 Preface
2 Executive Summary
3 Global Video Surveillance and VSaaS Market Analysis
4 Video Surveillance and VSaaS Market Analysis, by Type, 2013 - 2019
5 Video Surveillance and VSaaS Market Analysis, by Components, 2013 - 2019
6 Video Surveillance and VSaaS Market Analysis, by End Use Industry, 2013 - 2019
7 Video Surveillance and VSaaS Market Analysis, by Geography, 2013 - 2019
8 Competitive Landscape
9 Company Profiles
Companies Mentioned
- Agent Video Intelligence
- Axis Communications
- Bosch Security Systems
- Canon
- Cisco Systems
- Genetec
- Geovision
- HikVision Digital Technology
- Honeywell Security
- Panasonic System Networks
- Pelco
- Zhejiang Dahua Technology
For more information visit http://www.researchandmarkets.com/research/hkpljz/video.
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