The Video Surveillance-as-a-Service market is set to reach USD 17.8 billion by 2032.

From GlobeNewswire: 2025-03-25 10:00:00

The Video Surveillance-as-a-Service market was valued at USD 4.3 billion in 2023, projected to reach USD 17.8 billion by 2032, with a CAGR of 16.99%. Major players include Axis Communications, Honeywell, Bosch Security Systems, ADT Inc., and more. The U.S. market was valued at USD 16.81 billion in 2023, expected to reach USD 46.99 billion by 2032, growing at a CAGR of 12.1%.

Hosted VSaaS leads with a revenue share of over 46%, while hybrid VSaaS is expected to grow fastest. The commercial segment dominated the market in 2023, with over 39% revenue share, while the industrial segment is poised for rapid growth. North America leads the market with strong cybersecurity and high adoption rates. The future of VSaaS market is driven by advancements in AI-driven analytics, cloud-based solutions, and increasing security needs. The Asia-Pacific VSaaS market is growing rapidly, driven by smart cities, 5G rollout, and AI-based security measures. Chinese, Indian, and Japanese governments are adopting AI surveillance for public safety and traffic control. The region’s growth is also supported by 5G networks, cloud deployment, and IoT-based security solutions to address cyber and industrial security concerns.

Large AI-based surveillance vendors are fueling market growth, offering advanced analytics for better security, real-time monitoring, and compliance with data protection laws. The Asia-Pacific region is expected to experience the fastest growth in the VSaaS market from 2024-2032, driven by smart city projects, urbanization, and increased security infrastructure investments. The market segmentation includes various types and applications, with a focus on regional analysis and company profiles. Companies can access the complete report details for more information on market trends and opportunities.



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