Cloud-based video surveillance on the rise with potential for exponential growth

According to IMS Research, the world market for cloud-based video surveillance, also known as Video Surveillance as a Service, or VSaaS for short, is only going to continue to grow in coming years, further helping the expansion of the global Big Brother surveillance grid.

Considering the rise of VSaaS with the overall trend of increasing surveillance, voluntary citizen spying, the announcement that internet service providers will begin monitoring on all internet activity, and the ever-expanding behemoth Department of Homeland Security, it appears that our society is continuing to go deeper down the rabbit hole of the paranoid surveillance state.

In 2011 alone, the market was in the neighborhood of $500 million, which represents an increase of 25 percent over 2010.

“Growth in the VSaaS market is a result of increasing demand from consumer, small-to-medium businesses, and government end users,” Sam Grinter, a market analyst with IMS Research, said.

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