VsaaS Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2025

Description

Market Overview

The video surveillance as a service (VSaaS) market is projected to grow from USD 5.5 billion in 2024 to USD 13.3 billion by 2030, advancing at a CAGR of 15.8% during the forecast period. This growth is driven by the increasing adoption of cloud-based surveillance solutions, rising security concerns, and the integration of advanced technologies like AI, IoT, and 5G in video surveillance systems.

The need for cost-effective, scalable, and remote monitoring solutions in sectors such as BFSI, government & security, retail, and residential is propelling the adoption of VSaaS globally. Additionally, the rise in smart city projects and advancements in data analytics are further accelerating market expansion.

Key Insights

Market Segmentation:

By type, the hosted category dominates the market with a 55% share in 2024. Hosted solutions offer seamless video data management through cloud platforms, making them ideal for residential and retail applications. The affordability and flexibility of cloud storage are key factors driving this segment.

The hybrid category is expected to grow at the highest CAGR of 17%, as it combines cloud-based and on-premises video recording for enhanced security and data redundancy. This model is gaining popularity due to concerns about cloud-only data storage vulnerabilities.

By vertical, the BFSI sector holds the largest market share at 30%. Financial institutions are increasingly adopting VSaaS solutions to monitor staff, customers, and cash transactions, reducing the risk of robberies, fraud, and vandalism.

The government & security segment is set to grow at the fastest CAGR of 18%, driven by increasing investments in border surveillance, urban security, and smart city infrastructure. Governments are leveraging integrated surveillance systems for real-time monitoring and threat detection.

Trends and Drivers:

The adoption of cloud-based VSaaS solutions is a key trend, as they provide cost-effective scalability, remote access, and enhanced analytics. Improved internet connectivity and 5G network deployment are further enabling real-time surveillance and data streaming.

Rising incidents of security breaches and break-ins are major growth drivers. In 2023, organizations globally reported significant losses due to theft and vandalism, prompting increased investments in advanced surveillance systems.

The integration of AI and IoT is transforming VSaaS solutions by enabling intelligent video analytics, such as facial recognition, behavior detection, and anomaly alerts. These advancements enhance threat detection and provide actionable insights.

Regional Analysis:

North America leads the global VSaaS market, driven by early adoption of cloud-based surveillance systems, rising security concerns, and advanced infrastructure.

The Asia-Pacific region is the fastest-growing market, fueled by rapid urbanization, increasing smart city projects, and growing adoption of surveillance technologies in countries like China, India, and Japan.

Europe also holds a significant share, supported by stringent security regulations, investments in smart infrastructure, and adoption of cloud-based solutions.

Competitive Landscape:

The market is fragmented, with leading players focusing on innovative solutions that integrate AI-powered analytics, cloud platforms, and 5G connectivity. Companies are enhancing VSaaS offerings with advanced features like video compression, real-time alerts, and event-based monitoring to meet the growing demand for scalable, secure, and cost-effective surveillance solutions.

Product Code: 12365

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by type
- 1.4.2. Market size breakdown, by vertical
- 1.4.3. Market size breakdown, by country
1.5. Market Data Reporting Unit
- 1.5.1. Value
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
5.2. Impact of COVID-19
5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes

Chapter 6. Global Market

6.1. Overview
6.2. Market Revenue, by Type (2019-2030)
6.3. Market Revenue, by Vertical (2019-2030)
6.4. Market Revenue, by Region (2019-2030)

Chapter 7. North America Market

7.1. Overview
7.2. Market Revenue, by Type (2019-2030)
7.3. Market Revenue, by Vertical (2019-2030)
7.4. Market Revenue, by Country (2019-2030)

Chapter 8. Europe Market

8.1. Overview
8.2. Market Revenue, by Type (2019-2030)
8.3. Market Revenue, by Vertical (2019-2030)
8.4. Market Revenue, by Country (2019-2030)

Chapter 9. APAC Market

9.1. Overview
9.2. Market Revenue, by Type (2019-2030)
9.3. Market Revenue, by Vertical (2019-2030)
9.4. Market Revenue, by Country (2019-2030)

Chapter 10. LATAM Market

10.1. Overview
10.2. Market Revenue, by Type (2019-2030)
10.3. Market Revenue, by Vertical (2019-2030)
10.4. Market Revenue, by Country (2019-2030)

Chapter 11. MEA Market

11.1. Overview
11.2. Market Revenue, by Type (2019-2030)
11.3. Market Revenue, by Vertical (2019-2030)
11.4. Market Revenue, by Country (2019-2030)

Chapter 12. U.S. Market

12.1. Overview
12.2. Market Revenue, by Type (2019-2030)
12.3. Market Revenue, by Vertical (2019-2030)

Chapter 13. Canada Market

13.1. Overview
13.2. Market Revenue, by Type (2019-2030)
13.3. Market Revenue, by Vertical (2019-2030)

Chapter 14. Germany Market

14.1. Overview
14.2. Market Revenue, by Type (2019-2030)
14.3. Market Revenue, by Vertical (2019-2030)

Chapter 15. France Market

15.1. Overview
15.2. Market Revenue, by Type (2019-2030)
15.3. Market Revenue, by Vertical (2019-2030)

Chapter 16. U.K. Market

16.1. Overview
16.2. Market Revenue, by Type (2019-2030)
16.3. Market Revenue, by Vertical (2019-2030)

Chapter 17. Italy Market

17.1. Overview
17.2. Market Revenue, by Type (2019-2030)
17.3. Market Revenue, by Vertical (2019-2030)

Chapter 18. Spain Market

18.1. Overview
18.2. Market Revenue, by Type (2019-2030)
18.3. Market Revenue, by Vertical (2019-2030)

Chapter 19. Japan Market

19.1. Overview
19.2. Market Revenue, by Type (2019-2030)
19.3. Market Revenue, by Vertical (2019-2030)

Chapter 20. China Market

20.1. Overview
20.2. Market Revenue, by Type (2019-2030)
20.3. Market Revenue, by Vertical (2019-2030)

Chapter 21. India Market

21.1. Overview
21.2. Market Revenue, by Type (2019-2030)
21.3. Market Revenue, by Vertical (2019-2030)

Chapter 22. Australia Market

22.1. Overview
22.2. Market Revenue, by Type (2019-2030)
22.3. Market Revenue, by Vertical (2019-2030)

Chapter 23. South Korea Market

23.1. Overview
23.2. Market Revenue, by Type (2019-2030)
23.3. Market Revenue, by Vertical (2019-2030)

Chapter 24. Brazil Market

24.1. Overview
24.2. Market Revenue, by Type (2019-2030)
24.3. Market Revenue, by Vertical (2019-2030)

Chapter 25. Mexico Market

25.1. Overview
25.2. Market Revenue, by Type (2019-2030)
25.3. Market Revenue, by Vertical (2019-2030)

Chapter 26. Saudi Arabia Market

26.1. Overview
26.2. Market Revenue, by Type (2019-2030)
26.3. Market Revenue, by Vertical (2019-2030)

Chapter 27. South Africa Market

27.1. Overview
27.2. Market Revenue, by Type (2019-2030)
27.3. Market Revenue, by Vertical (2019-2030)

Chapter 28. U.A.E. Market

28.1. Overview
28.2. Market Revenue, by Type (2019-2030)
28.3. Market Revenue, by Vertical (2019-2030)

Chapter 29. Competitive Landscape

29.1. List of Market Players and their Offerings
29.2. Competitive Benchmarking of Key Players
29.3. Product Benchmarking of Key Players
29.4. Recent Strategic Developments

Chapter 30. Company Profiles

30.1. ADT Security Services Inc.
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
30.2. Axis Communications AB
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
30.3. Honeywell International Inc.
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
30.4. Genetec Inc.
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
30.5. Securitas AB
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
30.6. Eagle Eye Networks Inc.
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
30.7. Johnson Controls International plc
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
30.8. Thales S.A.
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
30.9. BAE Systems plc
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
30.10. Canon Inc.
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
30.11. i-PRO Co. Ltd.
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary
30.12. Robert Bosch GmbH
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
- 30.12.3. Key financial summary
30.13. Alphabet Inc.
- 30.13.1. Business overview
- 30.13.2. Product and service offerings
- 30.13.3. Key financial summary
30.14. Motorola Solutions Inc.
- 30.14.1. Business overview
- 30.14.2. Product and service offerings
- 30.14.3. Key financial summary

Chapter 31. Appendix

31.1. Abbreviations
31.2. Sources and References
31.3. Related Reports

VsaaS Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2025 - 2030)