The global video surveillance as a service (VaaS) market is anticipated to grow at a considerable CAGR of 16.8% during the forecast period (2020-2026). The market growth is mainly attributed to the rise in demand for low-cost real-time video surveillance across several end-user verticals of VaaS.
To gain on the opportunity, market players are offering advancements in their offered VaaS. In August 2020, Motorola Solutions announced the expansion of its product portfolio by the availability of the newest addition to its video security and analytics portfolio, the H4 Thermal Elevated Temperature Detection (ETD) Solution. This ETD solution can be used to detect the body temperature of a person and also focuses on the elements of safety and security around COVID-19, including protection, prevention, and response.
Browse the full report description of "Global Video Surveillance as a Service (VsaaS) Market Market Size, Share & Trends Analysis Report By End-Users (Commercial, Infrastructure, Residential, Military & Defense, Industrial), By Type (Analog Video Surveillance, IP Based Video Surveillance) Forecast Period 2020-2026" at https://www.omrglobal.com/industry-reports/video-surveillance-as-a-service-market
Furthermore, in May 2020, Motorola Solutions has announced that its video security and analytics product portfolio will offer cameras for the Avigilon security with analytics to assist the companies by making the safety of employees by adhering to health guidelines around protective face masks and physical social distancing. In July 2020, Johnsons Control, Inc. launched “OpenBlue”, which has connected Johnson Controls products, services, and technologies to assist customers to get back to work safely and as efficiently as possible. These solutions and services include contact tracing, clean air, energy optimization, social distance monitoring, thermal cameras, touchless environments, compliance, and reporting management, and advanced safety monitoring.
Market Coverage
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Global Video Surveillance as a Service Market Report Segment
By End-User
By Type
Global Video Surveillance as a Service Market Report Segment by Region
North America
Europe
Asia-Pacific
Rest of the World
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