The Asia Pacific VSaaS Market would witness market growth of 18.7% CAGR during the forecast period (2022-2028).
Video surveillance-as-a-service has swiftly become the most prominent and cost-effective methods to spend in security due to its configurable and flexible capabilities. Using VSaaS, IP cameras or analogue cameras attached to an encoder can broadcast real-time video footage through the cloud, local storage, or a powerful mix of both. The encrypted video is subsequently sent to the data centre of a secure VSaaS provider for centralized storage. Because this cutting-edge service is hosted in the cloud, customers can connect their cameras from any smartphone or computer and see live video feed at any time.
Artificial intelligence and other cutting-edge technologies are revolutionizing a variety of industrial sectors. Despite being in its infancy, the use of artificial intelligence in video surveillance and the VSaaS (video surveillance as a service) business is gaining traction. Machine learning advances, which are mostly utilized for video analytics, are slowly impacting the adoption of video surveillance systems and VSaaS. Over the last few years, video surveillance systems have progressed rapidly, from closed-circuit transmission videos (CCTV) to cutting-edge centralized managed IP cameras.
Safe city initiatives are in high demand in India to maintain safety. More areas are projected to adopt comparable video surveillance systems with centralized power rooms dealing with advanced large video wall solutions to monitor minute details, following the successful implementation of surveillance and smart city projects in numerous Indian cities. Video analytics, biometrics, facial recognition, and CCTV are all becoming increasingly crucial for city surveillance monitoring and assessment, and these needs present enormous prospects for companies. This market is divided into four segments: intrusion detection devices, access control devices, security cameras, and video recording devices.
Surveillance systems are in high demand in all industries. Both analogue and IP-based systems offer advantages, allowing end users to select the most appropriate system for their needs. Hybrid video surveillance solutions, which are commonly utilized in educational institutions, railway stations, airports, and power plants, also provide potential opportunities. Surveillance systems and solutions are also required in the infrastructure, banking, and financial sectors, and these industries are driving up demand for surveillance systems and solutions like VSaaS. Owing to these factors, the growth of the regional VSaaS market would surge in the coming years.
The China market dominated the Asia Pacific VSaaS Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $682.1 million by 2028. The Japan market is poised to grow at a CAGR of 18% during (2022 - 2028). Additionally, The India market would display a CAGR of 19.4% during (2022 - 2028).
Based on Vertical, the market is segmented into Commercial, Infrastructure, Residential, Military & Defense, Public Facilities, and Industrial. Based on Type, the market is segmented into Hosted, Managed, and Hybrid. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide VSaaS Market is Projected to reach USD 8.6 Billion by 2028, at a CAGR of 18.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson Controls International PLC, Honeywell International, Inc., Robert Bosch GmbH, Axis Communications AB (Canon, Inc.), Comcast Corporation, Arlo Technologies, Inc., Vivint Smart Home, Inc., ADT, Inc. (Apollo Global Management, Inc.), Genetec, Inc., and Pacific Controls Systems.
Scope of the Study
Market Segments Covered in the Report:
By Vertical
- Commercial
- Infrastructure
- Residential
- Military & Defense
- Public Facilities
- Industrial
By Type
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Johnson Controls International PLC
- Honeywell International, Inc.
- Robert Bosch GmbH
- Axis Communications AB (Canon, Inc.)
- Comcast Corporation
- Arlo Technologies, Inc.
- Vivint Smart Home, Inc.
- ADT, Inc. (Apollo Global Management, Inc.)
- Genetec, Inc.
- Pacific Controls Systems
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific VSaaS Market, by Vertical
1.4.2 Asia Pacific VSaaS Market, by Type
1.4.3 Asia Pacific VSaaS Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Market Share Analysis, 2021
3.2 Strategies deployed in VSaaS Market
Chapter 4. Asia Pacific VSaaS Market by Vertical
4.1 Asia Pacific Commercial Market by Country
4.2 Asia Pacific Infrastructure Market by Country
4.3 Asia Pacific Residential Market by Country
4.4 Asia Pacific Military & Defense Market by Country
4.5 Asia Pacific Public Facilities Market by Country
4.6 Asia Pacific Industrial Market by Country
Chapter 5. Asia Pacific VSaaS Market by Type
5.1 Asia Pacific Hosted Market by Country
5.2 Asia Pacific Managed Market by Country
5.3 Asia Pacific Hybrid Market by Country
Chapter 6. Asia Pacific VSaaS Market by Country
6.1 China VSaaS Market
6.1.1 China VSaaS Market by Vertical
6.1.2 China VSaaS Market by Type
6.2 Japan VSaaS Market
6.2.1 Japan VSaaS Market by Vertical
6.2.2 Japan VSaaS Market by Type
6.3 India VSaaS Market
6.3.1 India VSaaS Market by Vertical
6.3.2 India VSaaS Market by Type
6.4 South Korea VSaaS Market
6.4.1 South Korea VSaaS Market by Vertical
6.4.2 South Korea VSaaS Market by Type
6.5 Singapore VSaaS Market
6.5.1 Singapore VSaaS Market by Vertical
6.5.2 Singapore VSaaS Market by Type
6.6 Malaysia VSaaS Market
6.6.1 Malaysia VSaaS Market by Vertical
6.6.2 Malaysia VSaaS Market by Type
6.7 Rest of Asia Pacific VSaaS Market
6.7.1 Rest of Asia Pacific VSaaS Market by Vertical
6.7.2 Rest of Asia Pacific VSaaS Market by Type
Chapter 7. Company Profiles
7.1 Johnson Controls International PLC
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 Honeywell International, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 SWOT Analysis
7.3 Robert Bosch GmbH
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Product Launches and Product Expansions:
7.3.6 SWOT Analysis
7.4 Axis Communications AB (Canon, Inc.)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.5 Comcast Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Recent strategies and developments:
7.5.4.1 Product Launches and Product Expansions:
7.6 Arlo Technologies, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expense
7.7 Vivint Smart Home, Inc.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.8 ADT, Inc. (Apollo Global Management, Inc.)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Regional Analysis
7.9 Genetec, Inc.
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
7.10. Pacific Controls Systems
7.10.1 Company Overview
TABLE 1 Asia Pacific VSaaS Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific VSaaS Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific VSaaS Market by Vertical, 2018 - 2021, USD Million
TABLE 4 Asia Pacific VSaaS Market by Vertical, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Commercial Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Commercial Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Infrastructure Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Infrastructure Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Residential Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Residential Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Military & Defense Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Military & Defense Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Public Facilities Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Public Facilities Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Industrial Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Industrial Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific VSaaS Market by Type, 2018 - 2021, USD Million
TABLE 18 Asia Pacific VSaaS Market by Type, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Hosted Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Hosted Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Managed Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Managed Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Hybrid Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Hybrid Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific VSaaS Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific VSaaS Market by Country, 2022 - 2028, USD Million
TABLE 27 China VSaaS Market, 2018 - 2021, USD Million
TABLE 28 China VSaaS Market, 2022 - 2028, USD Million
TABLE 29 China VSaaS Market by Vertical, 2018 - 2021, USD Million
TABLE 30 China VSaaS Market by Vertical, 2022 - 2028, USD Million
TABLE 31 China VSaaS Market by Type, 2018 - 2021, USD Million
TABLE 32 China VSaaS Market by Type, 2022 - 2028, USD Million
TABLE 33 Japan VSaaS Market, 2018 - 2021, USD Million
TABLE 34 Japan VSaaS Market, 2022 - 2028, USD Million
TABLE 35 Japan VSaaS Market by Vertical, 2018 - 2021, USD Million
TABLE 36 Japan VSaaS Market by Vertical, 2022 - 2028, USD Million
TABLE 37 Japan VSaaS Market by Type, 2018 - 2021, USD Million
TABLE 38 Japan VSaaS Market by Type, 2022 - 2028, USD Million
TABLE 39 India VSaaS Market, 2018 - 2021, USD Million
TABLE 40 India VSaaS Market, 2022 - 2028, USD Million
TABLE 41 India VSaaS Market by Vertical, 2018 - 2021, USD Million
TABLE 42 India VSaaS Market by Vertical, 2022 - 2028, USD Million
TABLE 43 India VSaaS Market by Type, 2018 - 2021, USD Million
TABLE 44 India VSaaS Market by Type, 2022 - 2028, USD Million
TABLE 45 South Korea VSaaS Market, 2018 - 2021, USD Million
TABLE 46 South Korea VSaaS Market, 2022 - 2028, USD Million
TABLE 47 South Korea VSaaS Market by Vertical, 2018 - 2021, USD Million
TABLE 48 South Korea VSaaS Market by Vertical, 2022 - 2028, USD Million
TABLE 49 South Korea VSaaS Market by Type, 2018 - 2021, USD Million
TABLE 50 South Korea VSaaS Market by Type, 2022 - 2028, USD Million
TABLE 51 Singapore VSaaS Market, 2018 - 2021, USD Million
TABLE 52 Singapore VSaaS Market, 2022 - 2028, USD Million
TABLE 53 Singapore VSaaS Market by Vertical, 2018 - 2021, USD Million
TABLE 54 Singapore VSaaS Market by Vertical, 2022 - 2028, USD Million
TABLE 55 Singapore VSaaS Market by Type, 2018 - 2021, USD Million
TABLE 56 Singapore VSaaS Market by Type, 2022 - 2028, USD Million
TABLE 57 Malaysia VSaaS Market, 2018 - 2021, USD Million
TABLE 58 Malaysia VSaaS Market, 2022 - 2028, USD Million
TABLE 59 Malaysia VSaaS Market by Vertical, 2018 - 2021, USD Million
TABLE 60 Malaysia VSaaS Market by Vertical, 2022 - 2028, USD Million
TABLE 61 Malaysia VSaaS Market by Type, 2018 - 2021, USD Million
TABLE 62 Malaysia VSaaS Market by Type, 2022 - 2028, USD Million
TABLE 63 Rest of Asia Pacific VSaaS Market, 2018 - 2021, USD Million
TABLE 64 Rest of Asia Pacific VSaaS Market, 2022 - 2028, USD Million
TABLE 65 Rest of Asia Pacific VSaaS Market by Vertical, 2018 - 2021, USD Million
TABLE 66 Rest of Asia Pacific VSaaS Market by Vertical, 2022 - 2028, USD Million
TABLE 67 Rest of Asia Pacific VSaaS Market by Type, 2018 - 2021, USD Million
TABLE 68 Rest of Asia Pacific VSaaS Market by Type, 2022 - 2028, USD Million
TABLE 69 Key Information – JOHNSON CONTROLS INTERNATIONAL PLC
TABLE 70 Key Information – Honeywell International, Inc.
TABLE 71 key information – Robert Bosch GmbH
TABLE 72 Key Information – Axis Communications AB
TABLE 73 key information – Comcast Corporation
TABLE 74 Key Information – Arlo Technologies, Inc.
TABLE 75 Key information –Vivint Smart Home, Inc.
TABLE 76 key Information – ADT, Inc.
TABLE 77 Key Information – Genetec, Inc.
TABLE 78 Key Information – Pacific Controls Systems
List of Figures
FIG 1 Methodology for the research
FIG 2 Market Share Analysis, 2021
FIG 3 Recent strategies and developments: Johnson Controls International PLC
FIG 4 swot analsyis: Johnson controls international plc
FIG 5 Swot analysis: Honeywell international, inc.
FIG 6 Swot analysis: Robert Bosch GmbH
FIG 7 Recent strategies and developments: Axis Communications AB