Canon Launches Arcus Global to Pursue Cloud-Based Enterprise Video Services
Arcus Global is a spin-off from Milestone Systems and will be based in California.
Arcus Global is a spin-off from Milestone Systems and will be based in California.
The market value for video surveillance equipment and services is forecast to top $75 billion by 2022.
A steady demand from the commercial and industrial sectors is fueling robust growth for VSaaS solutions in the Americas.
The first-ever SSI Summit earned rave reviews from attendees as precious time well spent. Check out some key takeaways from the “Best Practices” roundtable sessions.
IHS Markit estimates the world market for branded video surveillance as a service was worth $790 billion in 2015, a 13.8% increase from 2014.
The Americas dominated the global Security as a Service market in 2015, capturing 65% of the overall market share.
The service segment is likely to achieve the fastest growth during the analyis period, owing to increasing demand of VSaaS and increasing requirement of system maintenance and updating among end users.
Among the various regions forecast in the report, North America led the overall market, accounting for nearly 34% market share in 2013.
Acts of terrorism, vandalism and petty crimes continue to drive demand for video surveillance and VSaaS systems by governments and organizations.
Increased demand for traffic surveillance and intrusion detection is expected to propel the video surveillance market within the next six years.