Growing Demand of Real-Time Surveillance Data Across Regions has Propelled the Growth of the VSaaS Market in Asia Pacific!

Author: Vikas Kumar

24 November 2023

The need for real-time surveillance data is getting stronger, and this is a big reason why the Video Surveillance as a Service (VSaaS) market is booming in the Asia Pacific region. Imagine you’re running a business, and you want to know what’s happening at your place right now, even if you’re not there. Real-time surveillance data lets you do that – you can see live video feeds instantly and react quickly to anything unusual. This is super important because as cities grow and businesses get busier, the need to keep things safe and secure becomes more urgent. VSaaS is like having a digital set of eyes that you can check anytime, anywhere. And in the Asia Pacific region, where technology is spreading fast, businesses are realizing how helpful this is. They’re using VSaaS to keep an eye on their places, make sure everything is running smoothly, and respond fast if something’s not right. It’s like having a super reliable security guard that’s always on duty, and that’s why more and more businesses are choosing VSaaS.

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Further, the Asia Pacific VSaaS Market was valued 4.1 billion and is expected to grow at a strong CAGR of 18.1% during the forecast period (2023-2030). Asia Pacific, particularly the China has been actively promoting the development of smart cities and advanced surveillance systems. The government’s investment in these initiatives has driven the adoption of VSaaS as a key component of modern urban infrastructure.

Asia Pacific VSaaS Market Revenue (2020-2030) – USD Mn.

· Based on the type, the market is segmented into hybrid, hosted, and managed. Among these, the hosted segment is leading the market due to the rising demand of cost- effective way of installing and using the video surveilling technology.

· Based on the vertical, the market is segmented into commercial, infrastructure, residential, public facilities, military & defense, and industrial. Among these the commercial vertical is anticipated to hold the considerable share of the market.

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Global VSaaS Market Segmentation

Market Insight, by Type

o Hybrid

o Hosted

o Managed

Market Insight, by Vertical

o Commercial

o Infrastructure

o Residential

o Public Facilities

o Military & Defense

o Industrial

Market Insight, by Region

· North America

o U.S.

o Canada

o Rest of North America

· Europe

o Germany

o UK

o France

o Italy

o Spain

o Rest of Europe

· Asia-Pacific

o China

o Japan

o India

o Rest of APAC

· Rest of the World

Top Company Profiles

· ADT.

· Johnson Controls.

· Axis Communications AB.

· Motorola Solutions, Inc.

· Arcules, Inc.

· Comcast

· Eagle Eye Networks.

· Genetec Inc.

· D-Link Corporation.

· Teledyne FLIR LLC

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