Key dynamics fueling the Europe IP Video Surveillance & VSaaS Market



Based a set of reports, experts of the industry are unanimous on the fact that,

Europe is one of the major markets in terms of adoption of IP video surveillance & VSaaS. U.K, Germany, Italy, France, Spain and Russia are among the major countries in the region.

Russia has distinguished adoption rate with rising demand for IP surveillance system. In UK, small businesses are showing interest in IP technology in UK.
 
According to Research and Markets, drivers such as ongoing developments in communication networks, technological innovations, real-time access, integration of wireless technologies, video analytics, affordability of IP surveillance systems, and government initiatives have positively influenced the adoption of IP surveillance technology. 

Lack of awareness, Lack of technological awareness among the population and uncertainty in the government regulations, privacy concerns and hacking are some of the factors that limit the adoption of IP surveillance system.
In 2014, hardware (among software, cloud based solution and services) constituted more than 50% of the market share of the overall product type market for IP video surveillance system, according to Research and Markets.

Among key vendors we have: Axis Communications AB , Panasonic Corporation , GeoVision, Inc. , Milestone Systems A/S , Robert Bosch GmbH , Mobotix AG , Avigilon Corporation , Genetec Inc. , D-Link Corporation, Inc.  and Zhejiang Dahua Technology Co. Ltd.