HOME Research Insight Axis communications AB (Sweden) and Brivo (US) are the Major Players in the Video Surveillance as a Service Market

Axis communications AB (Sweden) and Brivo (US) are the Major Players in the Video Surveillance as a Service Market

Video Surveillance as a Service (VSaaS) provides cloud-based monitoring services that include video recording, storage, remote viewing, and more; the advantages of VSaaS include low initial cost, scalability in data storage, and secure data storage, among others. VSaaS helps end users to enhance security and remote monitoring of data, and so on. The VSaaS market was valued at USD 1.70 Billion in 2016 and is expected to reach USD 5.93 Billion by 2022, growing at a CAGR of 22.0% between 2017 and 2022. The growth of the VSaaS market is propelled by the factors such as increasing demand for real-time and remote access for video surveillance data, low initial investment required to avail services, and flexible scalability offered by VSaaS

The key strategies adopted by the major players, including Axis Communications AB (Sweden), Honeywell International Inc. (US), Genetec Inc. (Canada), and Brivo (US), in the Video Surveillance as a Service market are agreements, contracts, collaborations, and partnerships.

Axis communications AB (Sweden) develops and markets video surveillance and access control solutions. The company offers a wide range of products and solutions based on Internet Protocol (IP) for security and video surveillance. The video management software offered by the company includes AXIS Companion system, AXIS Camera Station system, AXIS partner applications , and hosted video solution. The AXIS companion video management software is designed for basic surveillance needs for small businesses to monitor their premises, people, and assets. The AXIS camera station system is an ideal solution to meet the requirement of small-to-mid-sized installations. Hosted video solution offers surveillance as a cloud-based service, especially for the businesses with many small sites, such as convenience stores, retail stores, and small offices, among others.

Brivo (US) is one of largest cloud-based access control and mobile credential service providers. The company’s advanced technology focuses on commercial security applications by providing the first SaaS-based access control platform to the physical security market. Brivo offers open platform services apart from traditional access control systems, allowing users and developers to identify new ways to incorporate Brivo’s features and services to thousands of businesses and organizations of all sizes around the world.

Brivo offers Brivo OnAir solution that provides centralized security management for global enterprises with ease of use for small- and medium-sized businesses. Brivo OnAir includes access control, video surveillance, and mobile credentials combined with the cloud-based platform.

The other companies involved in the VSaaS market include Cameramanager (Netherlands), ADT Security Services (US), Cloudastructure Inc. (US), Duranc (US), Ivideon (US), NeoVSP (Israel), Nest Labs, Inc. (US), Pacific Controls (UAE), and Smartvue Corporation (US).

Related Reports:

Video Surveillance as a Service Market by Type (Hosted, Managed, Hybrid), Vertical (Commercial, Infrastructure, Military & Defense, Residential, Institutional, Industrial), and Geography - Global Forecast to 2022

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