TechNavio today launched its report Global Video Surveillance as a Service Market 2012-2016 based on an in-depth analysis covering the North America, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s IT Security team said: Video Surveillance as a Service (VSaaS) offers a company a number of benefits in terms of security and storage capacity. A key trend being noticed in the Global VSaaS market, however, is that many VSaaS vendors have been offering key video analytics software as part of their product offering. Video analytics allows an end-user to analyze the video footage data through the measurement of certain parameters. For example, facial recognition software could be used to identify certain individuals in a company and the video analytics software can be used to maintain a counter of the number of times a particular individual has crossed an area. In this aspect, the productivity of an individual can be measured based on the number of times and duration of time that the individual is present in a particular area. The provision of video analytics software is also being done to increase the value proposition of VSaaS.
According to the report, the increasing demand for video surveillance is a key factor that is expected to drive the market for the Global VSaaS market. With the number of security threats increasing year on year, private as well as public institutions will be focusing on improving the overall security within their premises. The demand for VSaaS is completely dependent on the growth in the Global Video Surveillance market.
Further, the report discusses that the high cost of the infrastructure required for VSaaS is currently a key challenge for the adoption of VSaaS.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-video-surveillance-service-marke…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our IT Security market research, please visit https://www.technavio.com/security
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research report – Global Video Surveillance as a Service Market 2012-2016
