the impact of cloud technologies on the video surveillance market
TRANSCRIPT
© 2016 IHS
Information | Analytics | Expertise
THE IMPACT OF CLOUD TECHNOLOGIES ON THE VIDEO SURVEILLANCE MARKET
Aaron Dale Market Analyst
MARCH 2016
Agenda
2
Introduction to IHS
What is VSaaS?
Leading providers
Market overview
What does the future hold for VSaaS?
Questions?
© 2014 IHS
IHS - Leading information, advanced analytics and deep expertise
PRESENTATION NAME / MONTH 2014
3
IHS Since 1959
Headquartered in Englewood, CO
(traded on the NYSE)
8,000+ colleagues
in 30+ countries
speaking 50+ languages
Serve businesses and governments in 165+ countries
worldwide
70% of the US Fortune 1000 85% of the Global Fortune 500 Small businesses & enterprises
IHS is supported by 140+ offices around the world
United States United Kingdom Canada India Singapore Malaysia China France Germany Switzerland Poland Japan Belarus Brazil South Korea
Russian Federation United Arab Emirates Norway Australia Spain South Africa Mexico Hong Kong Netherlands Thailand Taiwan Italy Denmark Sweden
4
TECHNOLOGY AREAS
• Network Cameras and Encoders
• DVRs, NVRs and External
Storage (NAS, SAN and DAS)
• Analogue Video Surveillance
• Video Management Software
• Cloud Based Video Surveillance
• Thermal Cameras
• Remote Monitoring Services
• Security Systems Integration
• Video Content Analysis
• PSIM
• End-user Research
In-depth Quantitative and Qualitative Research
COVERAGE
• Revenues, unit shipments and
ASPs, 5 Year Market Forecasts
• Global and Regional Market
Shares by Technology
• Equipment and Service Markets
• Dedicated Reports on Seven
Regional Markets
• End-user Research on Key
Vertical Markets
Subscription Service
Reports
Video Surveillance and Security Services
5
What is Cloud Video Surveillance / VSaaS?
5
IHS defines Video Surveillance as a Service (VSaaS) as: • Service paid yearly / monthly. • Remote access and management of security cameras. • Data can be stored offsite and onsite. • The management of video data must be conducted in the cloud and
not locally.
Three types of VSaaS:
• Hosted • Managed • Hybrid
6
VSaaS vs Conventional Solutions
Advantages of a VSaaS solution include:
Lower initial capital expenditure.
Functionality- Remote access, cloud-based storage, business intelligence.
Third party Service and management.
Disadvantages of a VSaaS solutions face can include:
Potentially higher lifetime solution cost
Bandwidth
Lack of awareness
6
7
Market Size
• IHS estimates that the global branded VSaaS market is worth $726.6 million in 2015.
• China accounts for an estimated 59% of this total
• Russia Market is estimated to be worth $1.3 million
7
2015: $106m
2019: $235m +21.4% CAGR 2015 - 2019
8
Market Trends
• The EMEA VSaaS market is forecast to achieve an average growth rate of 21.4% over the next 5 years. Slower but more stable growth than in previous years
• The market for Hybrid solutions combining on-site and off-site storage is expected
to grow at the fastest rate
8
Sample Figure
The World Market for VSaaS by Solution TypeRevenue by Solution Type - 2015 to 2020; Revenue ($M)
2015 2016 2017 2018 2019 2020
Hybrid Video
Managed Video
Hosted Video
9
Market Trends - Hardware
• Hardware increasingly incorporated in the subscription cost.
• Professional cameras account for largest portion of the market but the use of consumer grade hardware is forecast to grow at 3x the rate.
9
10
VSaaS Market Shares
10
• 2014 and 2015 – rapid market consolidation.
1 • CameraManager.com
2 • iVideon
3 • Genetec
EMEA VSAAS Market 2014
11
Current Successful Applications
11
• Small camera count, multiple locations, wide geographic spread.
• Quick service restaurants forecast to be the fastest growing end-user industry.
• Increasing business intelligence usage.
• Part of a combined offering in both security and non-security applications.
12
Future Winners
• Simple to use plug and play.
• Awareness and advertising.
• Price?
• Consumer CCTV competition.
12
Summary
13
Continued forecast for the VSaaS market.
Hybrid Solutions are forecast the see the fastest growth
Leading providers
Niche applications have seen the most success
Enterprise is in the future
