Rising security concerns need for an intelligent security system along with increasing consumer awareness towards surveillance as a service (VSaaS) have fuelled the demand for Video Surveillance as a Service (VSaaS) market in India. Traditionally controlled by hardware-based surveillance systems, the country is now shifting towards surveillance as a service. Growing demand for VSaaS can be attributed to its cost-effectiveness and maintenance which is done at the service providers' end. VSaaS in India is registering substantial growth in various vertical markets primarily across the government & transportation, retail and commercial.
According to 6Wresearch, India VSaaS market size is projected to grow at a CAGR of over 22% from 2017 to 2023. Although, managed VSaaS segment accounted for the majority of the market revenues; however, the facility of both onsite and offsite video storage is likely to proliferate the hybrid VSaaS segment over the coming years.
In 2016, the government & transportation vertical accounted for the highest India VSaaS Market share in terms of market revenues, however, other verticals such as retail, banking & finance, and education are considered as key growth verticals.
India Video Surveillance as a Service Market report thoroughly covers the VSaaS market by types, verticals, and regions. The India VSaaS Market outlook report provides an unbiased and detailed analysis of the India VSaaS Market trends, opportunities/ high growth areas, market drivers which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.
India video surveillance as a service market is expected to register a good growth market for the upcoming six years owing to increased economic activities, technical advancements in the cloud solutions for storage, and flexibility in the deployment models. Moreover, rising education amongst customers regarding the need for security and safety is anticipated to spur the adoption of video surveillance systems and offer lucrative opportunities for the growth of India video surveillance as a service market in the upcoming six years. A shift from analog to IP technologies coupled with an increase in the video surveillance service providers is expected to provide untapped opportunities for video surveillance as a service market to maintain its good reputation in the Indian market and register potential growth in the near future.
Key Highlights of the Report:
• India VSaaS Market Overview
• India VSaaS Market Outlook
• India VSaaS Market Forecast
• India VSaaS Market Size and India VSaaS Market Forecast Revenues until 2025
• Historical data of India VSaaS Market revenue for the Period 2014-2017
• Market Size & Forecast of Global Video Surveillance as a Service Market until 2023
• Market Size & Forecast of India Video Surveillance as a Service Market until 2023
• Market Size & Forecast of India Hosted Video Surveillance as a Service Market until 2023
• Market Size & Forecast of India Managed Video Surveillance as a Service Market until 2023
• Market Size & Forecast of India Hybrid Video Surveillance as a Service Market until 2023
• Market Size & Forecast of India Video Surveillance as a Service Vertical Market until 2023
• Market Size & Forecast of India Video Surveillance as a Service Regional Market until 2023
• Market Drivers and Restraints
• India VSaaS Market Trends and Opportunities
• India VSaaS Market Revenue Analysis Until 2023
• Industry Life Cycle
• Value Chain Analysis
• Porter's Five Forces Analysis
• India VSaaS Market overview by Competitive Benchmarking
• India VSaaS Market Share, by Players
• Company Profiles
• Key Strategic Pointers
Markets Covered
India Video Surveillance as a Service Market report provides a detailed analysis of the following market segments:
VSaaS Types
- Hosted VSaaS
- Managed VSaaS
- Hybrid VSaaS
Verticals
- Government and Transportation
- Retail
- Commercial
- Hospitality and Healthcare
- Residential
- Industrial and Manufacturing
Regions
- Northern
- Southern
- Eastern
- Western
