Product Code: PM4953
The global VSaaS market size is expected to reach USD 16,466.00 million by 2032, according to a new study by Polaris Market Research. The report "VSaaS Market Share, Size, Trends, Industry Analysis Report, By Type (Hosted, Managed, Hybrid); By Feature; By AI Visual Analysis; By Vertical; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The increasing crime rates worldwide are significantly driving the development of advanced infrastructure in both public and private areas, including surveillance cameras. The growing number of thefts, robberies, kidnaps, and other crimes are significantly boosting investments in closed-circuit televisions (CCTVs) in banks, traffic signals, and more. This is due to the efficiency of CCTVs in monitoring and recording videos all the time, enabling companies and the government to take quick action on the culprit.
Video surveillance as a service is gaining attention nowadays with its potential to save, record, play, and manage CCTV footage seamlessly. It provides more convenience by enabling users to have video access remotely from multiple devices.
The growing demand for advanced VSaaS systems in the marketplace is significantly supporting the need for research and new product innovations among companies. For instance, in October 2023, Milestone Systems announced its plan to unveil a new camera for its cloud-based VSaaS software, Cloud Milestone Kite, in the first quarter of 2024. This is compatible with companies that have multiple branches and fewer cameras.
The rising collaborative efforts by the firms to accelerate product development activities with the increasing demand for global surveillance systems are supporting the VSaaS market growth in the world. For instance, in April 2024, Vivotek announced the launch of its VSaaS platform, Vortex, with the integration of Amazon Web Services and IoT Core, which saved time and research and development resources and enabled it to develop its product 12 months earlier.
The significant increase in traveling activities among households is exhibiting concerns about house safety and driving VSaaS adoption around the world. According to the Godrej Security Solutions survey in 2023, over 66% of the respondents revealed their adoption of CCTVs to safeguard their houses.
VSaaS Market Report Highlights
Hosted segment is anticipated to witness the highest growth in the coming years due to scalability and convenience.
Commercial segment accounted for the largest market share owing to the increasing concerns about data privacy.
Object detection and recognition segment is projected to experience a larger revenue share due to the increasing thefts and other crimes in the business operations.
APAC is projected to register the fastest growth during the forecast period, attributable to increasing government initiatives to promote public safety.
The global players include Agent Video Intelligence, Axis Communications AB, Canary Connect, D-Link Systems, FLIR Systems, Genetec, & GeoVision.
Polaris Market Research has segmented the VSaaS market report based on type, feature, AI visual analysis, vertical, and region:
VSaaS, Type Outlook (Revenue - USD Million, 2019 - 2032)
VSaaS, Feature Outlook (Revenue - USD Million, 2019 - 2032)
- API-Enabled VSaaS
- Non-AI VSaaS
VSaaS, AI Visual Analysis Outlook (Revenue - USD Million, 2019 - 2032)
- Object Detection & Recognition
- Intrusion Detection
- Facial Recognition
- Anomaly Detection
VSaaS, Vertical Outlook (Revenue - USD Million, 2019 - 2032)
- Commercial
- Residential
- Industrial
- Infrastructure
- Military & Defense
- Public Facilities
VSaaS, Regional Outlook (Revenue - USD Million, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global VSaaS Market Insights
- 4.1. VSaaS - Industry Snapshot
- 4.2. VSaaS Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising integration of advanced CCTV cameras
- 4.2.1.2. Growing research innovations in the surveillance systems
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Privacy concerns are likely to impede the market growth
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. VSaaS Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global VSaaS Market, by Feature
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global VSaaS Market, by Feature, 2019-2032 (USD Million)
- 5.3. AI-Enabled VSaaS
- 5.3.1. Global VSaaS Market, by AI-Enabled VSaaS, by Region, 2019-2032 (USD Million)
- 5.4. Non-AI VSaaS
- 5.4.1. Global VSaaS Market, by Non-AI VSaaS, by Region, 2019-2032 (USD Million)
6. Global VSaaS Market, by AI Visual Analysis
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 6.3. Object Detection & Recognition
- 6.3.1. Global VSaaS Market, by Object Detection & Recognition, by Region, 2019-2032 (USD Million)
- 6.4. Intrusion Detection
- 6.4.1. Global VSaaS Market, by Intrusion Detection, by Region, 2019-2032 (USD Million)
- 6.5. Facial Recognition
- 6.5.1. Global VSaaS Market, by Facial Recognition, by Region, 2019-2032 (USD Million)
- 6.6. Anomaly Detection
- 6.6.1. Global VSaaS Market, by Anomaly Detection, by Region, 2019-2032 (USD Million)
7. Global VSaaS Market, by Vertical
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 7.3. Commercial
- 7.3.1. Global VSaaS Market, by Commercial, by Region, 2019-2032 (USD Million)
- 7.4. Residential
- 7.4.1. Global VSaaS Market, by Residential, by Region, 2019-2032 (USD Million)
- 7.5. Industrial
- 7.5.1. Global VSaaS Market, by Industrial, by Region, 2019-2032 (USD Million)
- 7.6. Infrastructure
- 7.6.1. Global VSaaS Market, by Infrastructure, by Region, 2019-2032 (USD Million)
- 7.7. Military & Defense
- 7.7.1. Global VSaaS Market, by Military & Defense, by Region, 2019-2032 (USD Million)
- 7.8. Public Facilities
- 7.8.1. Global VSaaS Market, by Public Facilities, by Region, 2019-2032 (USD Million)
8. Global VSaaS Market, by Type
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. Global VSaaS Market, by Type, 2019-2032 (USD Million)
- 8.3. Hosted
- 8.3.1. Global VSaaS Market, by Hosted, by Region, 2019-2032 (USD Million)
- 8.4. Managed
- 8.4.1. Global VSaaS Market, by Managed, by Region, 2019-2032 (USD Million)
- 8.5. Hybrid
- 8.5.1. Global VSaaS Market, by Hybrid, by Region, 2019-2032 (USD Million)
9. Global VSaaS Market, by Geography
- 9.1. Key findings
- 9.2. Introduction
- 9.2.1. VSaaS Market Assessment, By Geography, 2019-2032 (USD Million)
- 9.3. VSaaS Market - North America
- 9.3.1. North America: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.3.2. North America: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.3.3. North America: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.3.4. North America: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.3.5. VSaaS Market - U.S.
- 9.3.5.1. U.S.: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.3.5.2. U.S.: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.3.5.3. U.S.: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.3.5.4. U.S.: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.3.6. VSaaS Market - Canada
- 9.3.6.1. Canada: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.3.6.2. Canada: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.3.6.3. Canada: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.3.6.4. Canada: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.4. VSaaS Market - Europe
- 9.4.1. Europe: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.4.2. Europe: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.4.3. Europe: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.4.4. Europe: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.4.5. VSaaS Market - UK
- 9.4.5.1. UK: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.4.5.2. UK: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.4.5.3. UK: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.4.5.4. UK: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.4.6. VSaaS Market - France
- 9.4.6.1. France: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.4.6.2. France: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.4.6.3. France: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.4.6.4. France: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.4.7. VSaaS Market - Germany
- 9.4.7.1. Germany: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.4.7.2. Germany: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.4.7.3. Germany: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.4.7.4. Germany: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.4.8. VSaaS Market - Italy
- 9.4.8.1. Italy: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.4.8.2. Italy: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.4.8.3. Italy: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.4.8.4. Italy: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.4.9. VSaaS Market - Spain
- 9.4.9.1. Spain: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.4.9.2. Spain: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.4.9.3. Spain: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.4.9.4. Spain: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.4.10. VSaaS Market - Netherlands
- 9.4.10.1. Netherlands: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.4.10.2. Netherlands: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.4.10.3. Netherlands: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.4.10.4. Netherlands: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.4.11. VSaaS Market - Russia
- 9.4.11.1. Russia: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.4.11.2. Russia.: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.4.11.3. Russia: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.4.11.4. Russia: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.5. VSaaS Market - Asia Pacific
- 9.5.1. Asia Pacific: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.5.2. Asia Pacific: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.5.3. Asia Pacific: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.5.4. Asia Pacific: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.5.5. VSaaS Market - China
- 9.5.5.1. China: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.5.5.2. China.: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.5.5.3. China: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.5.5.4. China: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.5.6. VSaaS Market - India
- 9.5.6.1. India: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.5.6.2. India.: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.5.6.3. India: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.5.6.4. India: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.5.7. VSaaS Market - Japan
- 9.5.7.1. Japan: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.5.7.2. Japan.: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.5.7.3. Japan: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.5.7.4. Japan: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.5.8. VSaaS Market - Malaysia
- 9.5.8.1. Malaysia: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.5.8.2. Malaysia.: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.5.8.3. Malaysia: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.5.8.4. Malaysia: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.5.9. VSaaS Market - Indonesia
- 9.5.9.1. Indonesia: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.5.9.2. Indonesia.: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.5.9.3. Indonesia: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.5.9.4. Indonesia: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.5.10. VSaaS Market - South Korea
- 9.5.10.1. South Korea: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.5.10.2. South Korea.: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.5.10.3. South Korea: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.5.10.4. South Korea: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.6. VSaaS Market - Middle East & Africa
- 9.6.1. Middle East & Africa: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.6.2. Middle East & Africa: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.6.3. Middle East & Africa: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.6.4. Middle East & Africa: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.6.5. VSaaS Market - Saudi Arabia
- 9.6.5.1. Saudi Arabia: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.6.5.2. Saudi Arabia: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.6.5.3. Saudi Arabia: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.6.5.4. Saudi Arabia: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.6.6. VSaaS Market - South Africa
- 9.6.6.1. South Africa: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.6.6.2. South Africa: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.6.6.3. South Africa: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.6.6.4. South Africa: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.6.7. VSaaS Market - Israel
- 9.6.7.1. Israel: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.6.7.2. Israel: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.6.7.3. Israel: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.6.7.4. Israel: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.6.8. VSaaS Market - UAE
- 9.6.8.1. UAE: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.6.8.2. UAE: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.6.8.3. UAE: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.6.8.4. UAE: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.7. VSaaS Market - Latin America
- 9.7.1. Latin America: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.7.2. Latin America: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.7.3. Latin America: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.7.4. Latin America: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.7.5. VSaaS Market - Mexico
- 9.7.5.1. Mexico: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.7.5.2. Mexico: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.7.5.3. Mexico: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.7.5.4. Mexico: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.7.6. VSaaS Market - Brazil
- 9.7.6.1. Brazil: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.7.6.2. Brazil: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.7.6.3. Brazil: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.7.6.4. Brazil: VSaaS Market, by Vertical, 2019-2032 (USD Million)
- 9.7.7. VSaaS Market - Argentina
- 9.7.7.1. Argentina: VSaaS Market, by Feature, 2019-2032 (USD Million)
- 9.7.7.2. Argentina: VSaaS Market, by Type, 2019-2032 (USD Million)
- 9.7.7.3. Argentina: VSaaS Market, by AI Visual Analysis, 2019-2032 (USD Million)
- 9.7.7.4. Argentina: VSaaS Market, by Vertical, 2019-2032 (USD Million)
10. Competitive Landscape
- 10.1. Expansion and Acquisition Analysis
- 10.1.1. Expansion
- 10.1.2. Acquisitions
- 10.2. Partnerships/Collaborations/Agreements/Exhibitions
11. Company Profiles
- 11.1. Agent Video Intelligence Ltd. (Israel)
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Benchmarking
- 11.1.4. Recent Development
- 11.2. Axis Communications AB (Sweden)
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Benchmarking
- 11.2.4. Recent Development
- 11.3. Canary Connect Inc. (US)
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Benchmarking
- 11.3.4. Recent Development
- 11.4. D-Link Systems Inc. (Taiwan)
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Benchmarking
- 11.4.4. Recent Development
- 11.5. FLIR Systems Inc. (US)
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Benchmarking
- 11.5.4. Recent Development
- 11.6. Genetec Inc. (Canada)
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Benchmarking
- 11.6.4. Recent Development
- 11.7. GeoVision Inc. (Taiwan)
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Benchmarking
- 11.7.4. Recent Development
- 11.8. Homeboy Inc. (US)
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Benchmarking
- 11.8.4. Recent Development
- 11.9. NETGEAR Inc. (US)
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Benchmarking
- 11.9.4. Recent Development
- 11.10. Pelco Inc. (US)
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Benchmarking
- 11.10.4. Recent Development
- 11.11. Robert Bosch GmbH (Germany)
- 11.11.1. Company Overview
- 11.11.2. Financial Performance
- 11.11.3. Product Benchmarking
- 11.11.4. Recent Development