The video surveillance and analytics industry is set for remarkable growth, with global spending projected to reach $89 billion by 2025, according to a new study by Juniper Research. This marks a 9% increase from an estimated $82 billion in 2023.

A key driver of this expansion is Video Surveillance as a Service (VSaaS), which is transforming traditional systems into advanced security solutions. VSaaS leverages cloud-based storage, enabling centralized management, remote control, and seamless integration of IoT devices with video surveillance platforms. These technologies are particularly pivotal in smart city developments and other advanced urban solutions.

However, the study identifies a significant challenge: cybersecurity. With increasing volumes of sensitive data stored and processed in the cloud, safeguarding this information is a critical concern. Experts recommend implementing end-to-end encryption for data, both in transit and at rest, to ensure confidentiality and protection.

“VSaaS provides an ideal platform to tackle these cybersecurity concerns. Video analytics vendors must build VSaaS models to include high levels of end-to-end encryption for storage and transmission of data. Additionally, this will enable providers to easily integrate new video analytics services, such as AI-based facial recognition and behavioural analysis, into complete video monitoring solutions,” noted Georgia Allen, the study’s author.

This fusion of technology and security protocols is paving the way for further innovation in the industry, solidifying VSaaS as a cornerstone of the future of video surveillance.