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Video Surveillance as a Service (VSaaS) Market size is set to grow by USD 8.01 billion from 2024-2028, Rise in urbanization and infrastructure development boost the market, Technavio

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NEW YORK, June 25, 2024 /PRNewswire/ — The global video surveillance as a service (VSaaS) market size is estimated to grow by USD 8.01 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  23.51%  during the forecast period. Rise in urbanization and infrastructure development is driving market growth, with a trend towards adoption of artificial intelligence and video analytics. However, rising privacy and security concerns  poses a challenge. Key market players include ADT Inc., Advanced Control Corp., Avid Communications LLC, Camcloud Inc., Canon Inc., Cisco Systems Inc., Cloudastructure Inc., ControlByNet LLC, D Link Corp., Drive Headquarters Inc., Eagle Eye Networks Inc., Genetec Inc., Honeywell International Inc., Iveda Solutions Inc., Motorola Solutions Inc., Napco Security Technologies Inc., NW Security Group Ltd., Pacific Control Systems, Robert Bosch GmbH, and VIVOTEK Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Video Surveillance As A Service (VSaaS) Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 23.51%

Market growth 2024-2028

USD 8018.2 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

18.72

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 34%

Key countries

US, China, Germany, Japan, and UK

Key companies profiled

ADT Inc., Advanced Control Corp., Avid Communications LLC, Camcloud Inc., Canon Inc., Cisco Systems Inc., Cloudastructure Inc., ControlByNet LLC, D Link Corp., Drive Headquarters Inc., Eagle Eye Networks Inc., Genetec Inc., Honeywell International Inc., Iveda Solutions Inc., Motorola Solutions Inc., Napco Security Technologies Inc., NW Security Group Ltd., Pacific Control Systems, Robert Bosch GmbH, and VIVOTEK Inc.

Market Driver

Artificial intelligence (AI) and video analytics are revolutionizing the Video Surveillance as a Service (VSaaS) market. These technologies enhance cloud-based surveillance solutions, offering advanced features, insights, and automation. AI identifies objects, faces, license plates, and anomalous behaviors in real time, enabling proactive threat detection and prevention. Facial recognition technology matches faces against databases, enhancing access control and security protocols. AI-driven analytics track objects and people across multiple cameras, providing a comprehensive view of incidents. The integration of AI and video analytics transforms traditional video surveillance into intelligent systems, offering valuable insights and automated responses. As AI technology advances, it will further impact the VSaaS market, enabling more sophisticated security, operational, and business intelligence applications. 

The Video Surveillance as a Service (VSaaS) market is experiencing significant growth, with various businesses adopting cloud-based video surveillance solutions. VSaaS offers benefits such as cost savings, scalability, and advanced analytics. The use of artificial intelligence and machine learning technologies in VSaaS solutions enables businesses to enhance security and improve operational efficiency. The integration of video analytics and business intelligence tools allows organizations to gain valuable insights from video data. Additionally, the integration of access control and identity management systems ensures secure access to video footage. Overall, VSaaS is a trending solution for businesses seeking to enhance their security and gain valuable insights from video data. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The implementation of Video Surveillance as a Service (VSaaS) raises privacy concerns due to potential infringement on individuals’ constitutional rights. Unauthorized coverage of private areas and extensive surveillance can breach privacy and challenge the right to anonymity. This could impact individuals’ democratic rights to express views freely. Misuse of VSaaS for voyeurism further complicates matters, potentially exploiting women and infringing on their moral rights. These concerns may hinder the growth of the VSaaS market during the forecast period.The Video Surveillance as a Service (VSaaS) market is experiencing significant growth, with an increasing number of businesses adopting cloud-based video surveillance solutions. However, this market also presents several challenges. One challenge is ensuring data security and privacy, as video data can be sensitive. Another challenge is ensuring reliable and high-quality video streaming, especially in areas with poor internet connectivity. Additionally, integrating VSaaS with other business systems and processes can be complex. Furthermore, costs, such as bandwidth and storage, can add up quickly. Lastly, choosing the right VSaaS provider and solution can be a daunting task, as the market is highly competitive. Overcoming these challenges requires careful planning, research, and collaboration with VSaaS providers.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This video surveillance as a service (vsaas) market report extensively covers market segmentation by  

Solution 1.1 Hosted1.2 Managed1.3 HybridEnd-user 2.1 Commercial2.2 Industrial2.3 ResidentialGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Hosted-  The VSaaS market was dominated by the hosted segment in 2023, as it provided an affordable solution for SMEs to upgrade their video surveillance infrastructure. Hosted solutions offer benefits such as scalability, accessibility, and reduced maintenance. These solutions can easily adapt to changing needs by adding or removing cameras and storage capacity. Remote access to video footage and monitoring interfaces is a significant advantage for businesses with multiple locations or for remote monitoring. Robust security measures, including encryption, authentication, and redundancy, ensure the protection of video data. The scalability and reduced maintenance of hosted solutions will drive the growth of the global VSaaS market.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Video Surveillance as a Service (VSaaS) market is experiencing significant growth in various sectors, particularly in the retail industry. VSaaS solutions enable organizations to store and manage video-based data from their surveillance systems in a central cloud storage. This approach offers several benefits, including scalability, remote accessibility, and cost-effectiveness. The use of AI-based technologies such as facial recognition and object detection enhances security and threat detection capabilities. However, the internet-reliant nature of VSaaS solutions raises security concerns. On-premises infrastructure can provide an alternative for those with specific requirements. The fastest-growing verticals in VSaaS are driven by the need for advanced security features and the ability to access video data from anywhere. Cloud VSaaS solutions offer scalability benefits, allowing businesses to easily expand their surveillance systems as needed.

Market Research Overview

The Video Surveillance as a Service (VSaaS) market refers to the provision of video monitoring services over the internet. VSaaS solutions enable businesses and organizations to access real-time and historical video footage from remote locations. These services offer benefits such as cost savings, increased security, and scalability. VSaaS providers offer various features including motion detection, facial recognition, and analytics. The market is driven by the growing need for security and the increasing adoption of cloud-based services. The market is expected to grow at a significant rate due to the increasing demand for advanced security solutions and the proliferation of the Internet of Things (IoT) devices. VSaaS solutions are used across various industries including retail, healthcare, education, and transportation.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

SolutionHostedManagedHybridEnd-userCommercialIndustrialResidentialGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Rarecells Inc. Appoints Dr. Neil Kurtz to Board of Directors

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NEW YORK and PARIS, March 26, 2025 /PRNewswire/ — Rarecells Inc., a pioneering company in liquid biopsy technology, is pleased to announce the appointment of Dr. Neil Kurtz to its Board of Directors. Dr. Kurtz, a renowned healthcare entrepreneur and executive, brings over 40 years of experience in the pharmaceutical, contract research, post-acute care, and medical diagnostic sectors.

Dr. Kurtz has a distinguished career as a founder of several successful companies, including Medidata Systems and Worldwide Clinical Trials, which collectively generated over $8 billion in value for investors. He has served as CEO of both public and private companies and has held senior executive positions in top pharmaceutical and healthcare organizations. His leadership experience includes serving as President and CEO of Golden Living, one of the United States’ largest providers of diversified care.

“We are delighted to welcome Dr. Kurtz to our Board of Directors,” said Dr. Patrizia Paterlini, CEO of Rarecells Inc. “His extensive expertise in diagnostics, finance, and scientific research, along with his strategic insights, will be invaluable as we continue to develop and commercialize our innovative liquid biopsy technology for early cancer detection. His addition strengthens our commitment to assembling a board with significant expertise to guide our mission of delivering unparalleled, label-free access to intact circulating tumor cells and their CTC-DNA for downstream analysis. We are confident that Dr. Kurtz’s leadership will further enhance our efforts to bring cutting-edge solutions to the forefront of precision oncology.”

“I am honored to join the already exceptional Board of Directors at Rarecells,” said Dr. Kurtz. “I am aligned with the company’s belief that through its ISET technology it has the potential to revolutionize cancer diagnostics and personalized treatment, having a profound impact on the lives of millions of patients worldwide. I look forward to sharing the insights I have gained across my industry experience and contributing to Rarecells’ growth and success in this critical field, where the unmet need remains critical.”

Dr. Kurtz is the 5th member of Rarecells’ Board of Directors. The other members are Patrizia Paterlini MD, PhD, President, CEO & Founder of Rarecells;  Neil Gunn, PhD, former head of Roche Molecular Systems and Roche Sequencing, Christian Brechot MD, PhD, Senior Associate Dean for Research in Global Affairs and the Associate Vice-President for International Partnerships and Innovation at the University of South Florida, Tampa & President of the Global Virus Network; Thierry de Marignac, Former Partner at Banque Mirabaud & Cie & Leading Investor.

About Rarecells Inc.

Rarecells Inc. is a leading company in the development of innovative non-invasive tests for early cancer diagnosis based on a proprietary hypersensitive AI-based Circulating Tumor Cells (CTCs) and CTC-DNA detection. Founded in 2012, the firm is headquartered in New York with offices and laboratories in New York and Paris. For more information, visit www.rarecells.com

Contact: media@rarecells.com

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SOURCE Rarecells, Inc.

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Metrasens Broadens Market Reach with iT1 Source Partnership

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NAPERVILLE, Ill., March 26, 2025 /PRNewswire/ — Metrasens, a leading provider of advanced detection systems for security and safety applications, today announced a strategic partnership with iT1 Source, LLC, a leader in IT solutions, technology, and security services. This collaboration brings together iT1’s expertise in technology integration and Metrasens’ innovative security solutions to address the evolving needs of organizations seeking robust protection against physical threats.

Through this partnership, iT1 Source will offer Metrasens’ industry-leading passive detection technology, Metrasens Ultra, providing organizations with advanced, efficient, and flexible screening solutions. Unlike other detection systems, Metrasens Ultra is the only multi-use solution specifically designed to detect small concealed weapons and contraband that can lead to violence, as well as hidden electronics that pose a risk of sensitive or secure data leaks.

“We’re thrilled to partner with Metrasens to deliver state-of-the-art security solutions that align with our commitment to innovation and customer success,” said Ian Dunnington, Vice President of Public Sector at iT1 Source. “This partnership enables us to address growing concerns around physical security by offering our clients a proven product from Metrasens that enhances safety and peace of mind.”

Simon Goodyear, Chief Executive Officer at Metrasens, added, “Our collaboration with iT1 Source allows us to bring our cutting-edge detection technology to a wider audience. iT1 Source has a great reputation, strong relationships, and a good coverage model in markets where Metrasens is a strong fit.  Together, we are creating safer environments with efficient, reliable, and easy to implement solutions.”

Metrasens’ technology stands out for its ease of use, portability, and adaptability across a wide range of applications, including government facilities, healthcare institutions, and critical infrastructure. The passive detection system ensures a non-intrusive experience while maintaining high security standards, making it an ideal solution for organizations looking to enhance their safety measures without compromising efficiency.

By joining forces, iT1 Source and Metrasens are committed to delivering cutting-edge security solutions that safeguard people and assets against emerging threats. Organizations can now confidently leverage this powerful combination of technology and expertise to reinforce their security infrastructure.

About Metrasens
Metrasens is the world’s leading provider of advanced magnetic detection technologies. With a technology center and manufacturing facility in the United Kingdom, a North American sales and customer service hub in Chicago and a global network of distributors, the company’s innovative products are designed to address deficiencies in conventional screening methods and make the world safer and more secure. Metrasens’ mission is to take cutting-edge science from the laboratory and use it to create revolutionary, award-winning products that meet the distinct and diverse security needs of its customers. Metrasens’ core technologies have a wide range of real-world applications, embodied by solutions that are easy to adopt and simple to use.

For more information, visit http://www.metrasens.com.

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SOURCE Metrasens

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Orijin and Interplay Learning Expand Partnership to Offer 15 Learning Pathways to Support Pre-Apprenticeships and Additional Skilled Trades Training in Correctional Facilities

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AUSTIN, Texas and NEW YORK, March 26, 2025 /PRNewswire/ — Orijin, a technology leader in evidence-based learning and workforce development programming for correctional jurisdictions, and Interplay Learning, the leading provider of immersive skilled trades training, have expanded their partnership to provide greater access to workforce development opportunities for justice-impacted individuals. This expansion introduces pre-apprenticeship pathways and additional skilled trades training options to better prepare individuals for sustainable careers post-release.

Building on the success of their initial partnership, which provided Interplay’s career exploration and foundational training through Orijin’s secure platform, this new phase extends the offering to include 15 comprehensive learning pathways from Interplay Learning. These learning tracks feature expanded course hours and industry-relevant training, enabling learners to develop in-demand trade skills in fields such as HVAC, electrical, plumbing, and facilities maintenance.

Delivered on safe and secure digital tablets, these expanded pathways include options for pre-apprenticeship opportunities, designed to help individuals transition more seamlessly into the workforce. These structured programs provide hands-on skills training that aligns with industry expectations, increasing employability and reducing barriers to job placement post-incarceration.

“This partnership expansion represents a significant step in breaking down employment barriers for justice-impacted individuals,” said Arti Finn, Chief Strategy Officer and Co-Founder at Orijin. “By integrating pre-apprenticeships and deeper training opportunities, we are not only providing education but also real pathways to sustainable careers that lead to long-term success.”

Orijin’s secure managed learning platform ensures that learners in correctional facilities can access Interplay Learning’s hands-on training in a controlled environment. The expanded training catalog complements Orijin’s existing educational content, which includes employability readiness, ESL courses, and financial literacy, providing a holistic approach to re-entry preparation.

“Through our partnership with Orijin, we are making high-quality skills training more accessible to justice-involved individuals who are eager to build stable careers,” said Doug Donovan, CEO of Interplay Learning. “By expanding our learning pathways and introducing pre-apprenticeships, we’re equipping more individuals with the tools they need to successfully re-enter the workforce.”

Orijin and Interplay Learning remain committed to fostering career readiness among justice-involved individuals, helping them gain the skills and confidence needed to secure meaningful employment upon release. 

About Interplay Learning
Interplay Learning, the leader in immersive learning for the skilled trades, now includes Industrial Training International (ITI), the global leader in specialized industrial learning solutions. Leveraging instructor-led training, online simulations, AI, and VR, Interplay helps organizations and educational institutions upskill faster, reduce risk, and increase operational readiness. With nearly 600,000 people trained, Interplay is shaping the future of workforce development, building better careers and better lives. Visit www.interplaylearning.com to learn more.

About Orijin
Founded in 2014, Orijin breaks the cycle of incarceration by preparing every justice-impacted individual for a sustainable career. Orijin provides a robust, cloud-based learning and communications platform delivered on secure devices in hundreds of correctional facilities across the country. As a public benefit corporation and Certified B Corporation, Orijin does not charge incarcerated individuals nor their families for its solutions. For more information, visit www.orijin.works.

MEDIA CONTACT: 
Heather Ripley
Ripley PR
(865) 977-1973
hripley@ripleypr.com

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SOURCE Interplay Learning

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