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The North America Video Surveillance as a Service Market is anticipated to grow with a CAGR of 18.78%, over the forecast years of 2021 to 2028. The growing number of applications across the commercial, residential, and industrial sectors, the mass adoption of video surveillance, and the increasing threat of terrorism.
The North America Video Surveillance as a Service Market is evaluated by assessing Canada and the United States. Owing to the large-scale economic growth, Canada observes an extensive need to establish strong security systems, in order to maintain the pace of development, and avoid undesirable incidents. These aspects can further be ensured through the deployment of a robust surveillance network, with consistent monitoring capabilities, as well as an immediate response mechanism. The key video surveillance application areas in Canada include the private and commercial sectors. This is mainly attributed to the implications of deploying video surveillance across public spaces. In this regard, privacy laws and legislative regulations determine the organizations' restrictions and obligations concerning surveillance.
On the other hand, several domestic surveillance and security providers offer improved cameras and video surveillance systems within the region. For instance, Radius Society, a Vancouver based video surveillance security company, predominantly concentrates on deploying innovative and enhanced security systems, in addition to the existing solutions. Hence, these factors are projected to influence Canada's Video Surveillance as a Service Market growth, during the forecast period.
Some of the key players operating in the market are, Cisco Systems, ADT Security Service, Verint Systems Inc, Honeywell Security Group, etc.
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