World Video Surveillance as a Service Market by 2017 April 2014 | Page 2

Amongst the various end-user applications under the video surveillance as a service market, the
classification was done on the basis of various commercial, infrastructural, industrial, institutional and
residential applications. Amongst the commercial applications, the office segment is observed to hold the
highest share, i.e. 41.10%, growing at a CAGR of 42%. In the infrastructure market (encapsulating
highways, streets & bridges, transportation, communications and stadiums), highways, streets and
bridges is expected to increase with the highest CAGR of 12.9% followed by communications segment
growing with a CAGR of 12.1%.
The global video surveillance as a service market is expected to grow from $474.0 million in 2011 to
$2,390.9 million in 2017 at a CAGR of 31.5% from 2012 to 2017. The APAC region is observed to grow at
the highest rate. This is primarily due to the growth of technology, increasing awareness about video
surveillance and the ever-increasing need for the cloud services as an option for efficient data and
application management.
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