The Latin America, Middle East and Africa VSaaS Market would witness market growth of 21.3% CAGR during the forecast period (2022-2028).
Because of substantial advancements in security, network offerings, and, most crucially, declining costs of specialized goods, the demand for VSaaS is predicted to expand. Furthermore, innovations are playing an important role in lowering the costs of deploying surveillance equipment. The introduction of 360o video capture technology, for example, has allowed users to replace three to four Pan-tilt zoom (PTZ) cameras. The recently developed 360o video capture technology is anticipated to be a game-changer in the VSaaS market.
When a company become VSaaS customer, they may usually add or remove cameras based on the business's needs. In addition, ISPs frequently provide a variety of plans, each with its own set of features. It is indeed simple to adjust the subscription when the company's needs vary because many providers offer a pay-as-you-go option instead of requiring customers to sign a long-term deal.
The UAE's safety and security industry has demonstrated to be extremely important. In the face of regional instability, the UAE is committed to maintaining its status as a safe haven. Ambitious socioeconomic reform programmes like the UAE Vision 2021 continue to spur significant investment in the sector. Vision 2021 policies call for massive infrastructure and technological advancements, which necessitate a much greater supply of security services and products.
The market, like many others, is primarily reliant on imports and international security firms. This is mostly due to the UAE's still small domestic defense sector, which focuses primarily on military-grade items, opening up huge opportunity for international firms to supply the UAE's safety and security sector. Fire and rescue, homeland security and policing, aviation security, safety and health, and commercial and information security are the primary categories of the UAE's safety and security industry. For the purchase of goods and services for public works, various UAE government organizations contract with private sector suppliers. To strengthen the security of organization, the demand and growth of the regional VSaaS market would escalate in the coming years.
The Brazil market dominated the LAMEA VSaaS Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $194 million by 2028. The Argentina market is anticipated to grow at a CAGR of 21.9% during (2022 - 2028). Additionally, The UAE market would showcase a CAGR of 21% during (2022 - 2028).
Based on Vertical, the market is segmented into Commercial, Infrastructure, Residential, Military & Defense, Public Facilities, and Industrial. Based on Type, the market is segmented into Hosted, Managed, and Hybrid. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global VSaaS Market is Predict to reach $8.6 Billion by 2028, at a CAGR of 18.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson Controls International PLC, Honeywell International, Inc., Robert Bosch GmbH, Axis Communications AB (Canon, Inc.), Comcast Corporation, Arlo Technologies, Inc., Vivint Smart Home, Inc., ADT, Inc. (Apollo Global Management, Inc.), Genetec, Inc., and Pacific Controls Systems.
Scope of the Study
Market Segments Covered in the Report:
By Vertical
- Commercial
- Infrastructure
- Residential
- Military & Defense
- Public Facilities
- Industrial
By Type
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Johnson Controls International PLC
- Honeywell International, Inc.
- Robert Bosch GmbH
- Axis Communications AB (Canon, Inc.)
- Comcast Corporation
- Arlo Technologies, Inc.
- Vivint Smart Home, Inc.
- ADT, Inc. (Apollo Global Management, Inc.)
- Genetec, Inc.
- Pacific Controls Systems
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA VSaaS Market, by Vertical
1.4.2 LAMEA VSaaS Market, by Type
1.4.3 LAMEA VSaaS Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Market Share Analysis, 2021
3.2 Strategies deployed in VSaaS Market
Chapter 4. LAMEA VSaaS Market by Vertical
4.1 LAMEA Commercial Market by Country
4.2 LAMEA Infrastructure Market by Country
4.3 LAMEA Residential Market by Country
4.4 LAMEA Military & Defense Market by Country
4.5 LAMEA Public Facilities Market by Country
4.6 LAMEA Industrial Market by Country
Chapter 5. LAMEA VSaaS Market by Type
5.1 LAMEA Hosted Market by Country
5.2 LAMEA Managed Market by Country
5.3 LAMEA Hybrid Market by Country
Chapter 6. LAMEA VSaaS Market by Country
6.1 Brazil VSaaS Market
6.1.1 Brazil VSaaS Market by Vertical
6.1.2 Brazil VSaaS Market by Type
6.2 Argentina VSaaS Market
6.2.1 Argentina VSaaS Market by Vertical
6.2.2 Argentina VSaaS Market by Type
6.3 UAE VSaaS Market
6.3.1 UAE VSaaS Market by Vertical
6.3.2 UAE VSaaS Market by Type
6.4 Saudi Arabia VSaaS Market
6.4.1 Saudi Arabia VSaaS Market by Vertical
6.4.2 Saudi Arabia VSaaS Market by Type
6.5 South Africa VSaaS Market
6.5.1 South Africa VSaaS Market by Vertical
6.5.2 South Africa VSaaS Market by Type
6.6 Nigeria VSaaS Market
6.6.1 Nigeria VSaaS Market by Vertical
6.6.2 Nigeria VSaaS Market by Type
6.7 Rest of LAMEA VSaaS Market
6.7.1 Rest of LAMEA VSaaS Market by Vertical
6.7.2 Rest of LAMEA VSaaS Market by Type
Chapter 7. Company Profiles
7.1 Johnson Controls International PLC
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 Honeywell International, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 SWOT Analysis
7.3 Robert Bosch GmbH
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Product Launches and Product Expansions:
7.3.6 SWOT Analysis
7.4 Axis Communications AB (Canon, Inc.)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.5 Comcast Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Recent strategies and developments:
7.5.4.1 Product Launches and Product Expansions:
7.6 Arlo Technologies, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expense
7.7 Vivint Smart Home, Inc.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.8 ADT, Inc. (Apollo Global Management, Inc.)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Regional Analysis
7.9 Genetec, Inc.
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
7.10. Pacific Controls Systems
7.10.1 Company Overview
TABLE 1 LAMEA VSaaS Market, 2018 - 2021, USD Million
TABLE 2 LAMEA VSaaS Market, 2022 - 2028, USD Million
TABLE 3 LAMEA VSaaS Market by Vertical, 2018 - 2021, USD Million
TABLE 4 LAMEA VSaaS Market by Vertical, 2022 - 2028, USD Million
TABLE 5 LAMEA Commercial Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Commercial Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Infrastructure Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Infrastructure Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Residential Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Residential Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Military & Defense Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Military & Defense Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Public Facilities Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Public Facilities Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Industrial Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Industrial Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA VSaaS Market by Type, 2018 - 2021, USD Million
TABLE 18 LAMEA VSaaS Market by Type, 2022 - 2028, USD Million
TABLE 19 LAMEA Hosted Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Hosted Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Managed Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Managed Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Hybrid Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Hybrid Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA VSaaS Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA VSaaS Market by Country, 2022 - 2028, USD Million
TABLE 27 Brazil VSaaS Market, 2018 - 2021, USD Million
TABLE 28 Brazil VSaaS Market, 2022 - 2028, USD Million
TABLE 29 Brazil VSaaS Market by Vertical, 2018 - 2021, USD Million
TABLE 30 Brazil VSaaS Market by Vertical, 2022 - 2028, USD Million
TABLE 31 Brazil VSaaS Market by Type, 2018 - 2021, USD Million
TABLE 32 Brazil VSaaS Market by Type, 2022 - 2028, USD Million
TABLE 33 Argentina VSaaS Market, 2018 - 2021, USD Million
TABLE 34 Argentina VSaaS Market, 2022 - 2028, USD Million
TABLE 35 Argentina VSaaS Market by Vertical, 2018 - 2021, USD Million
TABLE 36 Argentina VSaaS Market by Vertical, 2022 - 2028, USD Million
TABLE 37 Argentina VSaaS Market by Type, 2018 - 2021, USD Million
TABLE 38 Argentina VSaaS Market by Type, 2022 - 2028, USD Million
TABLE 39 UAE VSaaS Market, 2018 - 2021, USD Million
TABLE 40 UAE VSaaS Market, 2022 - 2028, USD Million
TABLE 41 UAE VSaaS Market by Vertical, 2018 - 2021, USD Million
TABLE 42 UAE VSaaS Market by Vertical, 2022 - 2028, USD Million
TABLE 43 UAE VSaaS Market by Type, 2018 - 2021, USD Million
TABLE 44 UAE VSaaS Market by Type, 2022 - 2028, USD Million
TABLE 45 Saudi Arabia VSaaS Market, 2018 - 2021, USD Million
TABLE 46 Saudi Arabia VSaaS Market, 2022 - 2028, USD Million
TABLE 47 Saudi Arabia VSaaS Market by Vertical, 2018 - 2021, USD Million
TABLE 48 Saudi Arabia VSaaS Market by Vertical, 2022 - 2028, USD Million
TABLE 49 Saudi Arabia VSaaS Market by Type, 2018 - 2021, USD Million
TABLE 50 Saudi Arabia VSaaS Market by Type, 2022 - 2028, USD Million
TABLE 51 South Africa VSaaS Market, 2018 - 2021, USD Million
TABLE 52 South Africa VSaaS Market, 2022 - 2028, USD Million
TABLE 53 South Africa VSaaS Market by Vertical, 2018 - 2021, USD Million
TABLE 54 South Africa VSaaS Market by Vertical, 2022 - 2028, USD Million
TABLE 55 South Africa VSaaS Market by Type, 2018 - 2021, USD Million
TABLE 56 South Africa VSaaS Market by Type, 2022 - 2028, USD Million
TABLE 57 Nigeria VSaaS Market, 2018 - 2021, USD Million
TABLE 58 Nigeria VSaaS Market, 2022 - 2028, USD Million
TABLE 59 Nigeria VSaaS Market by Vertical, 2018 - 2021, USD Million
TABLE 60 Nigeria VSaaS Market by Vertical, 2022 - 2028, USD Million
TABLE 61 Nigeria VSaaS Market by Type, 2018 - 2021, USD Million
TABLE 62 Nigeria VSaaS Market by Type, 2022 - 2028, USD Million
TABLE 63 Rest of LAMEA VSaaS Market, 2018 - 2021, USD Million
TABLE 64 Rest of LAMEA VSaaS Market, 2022 - 2028, USD Million
TABLE 65 Rest of LAMEA VSaaS Market by Vertical, 2018 - 2021, USD Million
TABLE 66 Rest of LAMEA VSaaS Market by Vertical, 2022 - 2028, USD Million
TABLE 67 Rest of LAMEA VSaaS Market by Type, 2018 - 2021, USD Million
TABLE 68 Rest of LAMEA VSaaS Market by Type, 2022 - 2028, USD Million
TABLE 69 Key Information – JOHNSON CONTROLS INTERNATIONAL PLC
TABLE 70 Key Information – Honeywell International, Inc.
TABLE 71 key information – Robert Bosch GmbH
TABLE 72 Key Information – Axis Communications AB
TABLE 73 key information – Comcast Corporation
TABLE 74 Key Information – Arlo Technologies, Inc.
TABLE 75 Key information –Vivint Smart Home, Inc.
TABLE 76 key Information – ADT, Inc.
TABLE 77 Key Information – Genetec, Inc.
TABLE 78 Key Information – Pacific Controls Systems
List of Figures
FIG 1 Methodology for the research
FIG 2 Market Share Analysis, 2021
FIG 3 Recent strategies and developments: Johnson Controls International PLC
FIG 4 swot analsyis: Johnson controls international plc
FIG 5 Swot analysis: Honeywell international, inc.
FIG 6 Swot analysis: Robert Bosch GmbH
FIG 7 Recent strategies and developments: Axis Communications AB