India Video Surveillance as a Service Market to See Impressive Growth to 2023, Expects 6Wresearch in Its In-Demand Report at MarketPublishers.com16 Jun 2017 • by Natalie Aster
LONDON – Video Surveillance as a Service (VSaaS) is witnessing increasing adoption across all main vertical markets in India, spurred by an uptake in criminal activities along with enhancing security concerns. Furthermore, rise in acceptance of VSaaS in India is encouraged by its cost-effectiveness and remote access of video through tablet, laptop and smartphones. Escalating Internet penetration is also amid the important drivers of the Indian VSaaS market.
India’s VSaaS market is predicted to gain momentum at an impressive 22% CAGR over 2017-2023.
Through, the managed VSaaS sector currently captures the biggest share of the total revenues of the Indian VSaaS market; however, the facility of both offsite and onsite video storage are expected to encourage a surge in the hybrid VSaaS sector in the years ahead.
In the past year, the government and transportation vertical held the largest share of the Indian VSaaS market revenues. Other lucrative growth verticals include banking, finance, retail and education.
6Wresearch in-demand research report “India Video Surveillance as a Service Market (2017-2023): Market Forecast By Service Types, Verticals, Regions and Competitive Landscape” gives an extensive analysis of the VSaaS market at the country level, provides access to reliable qualitative and quantitative info on the Indian VSaaS market performance, and also sheds light on the market dynamics.
This research report includes trustworthy data on the key factors shaping and influencing the Indian VSaaS market, canvasses the main opportunities and challenges, presents a detailed market segmentation analysis, examines the prevailing market trends, contains Porter’s five forces analysis and value chain analysis, and also covers the competitive landscape and top players. Additionally, the report offers detailed forecasts for the Indian VSaaS market through 2023.
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