Overview and Scope
Video surveillance storage refers to storage solutions that are used to collect and store information that is obtained from surveillance cameras to protect against theft, burglary, and dishonest employees. Video surveillance plays an important role in security by retaining visual information and allowing for later viewing.
Sizing and Forecast
The video surveillance storage market size has grown exponentially in recent years. It will grow from $22.91 billion in 2023 to $27.76 billion in 2024 at a compound annual growth rate (CAGR) of 21.2%. The growth in the historic period can be attributed to surge in surveillance deployments, transition to ip-based systems, rise in high-definition cameras, data retention requirements, security concerns and incident management..
The video surveillance storage market size is expected to see exponential growth in the next few years. It will grow to $58.69 billion in 2028 at a compound annual growth rate (CAGR) of 20.6%. The growth in the forecast period can be attributed to market entry of new players, market competitiveness, advancements in data management, cost-effective and scalable solutions, vertical-specific demands.. Major trends in the forecast period include adoption of edge storage, cost-efficiency and roi focus, hybrid storage approaches, cloud-based storage solutions, integration of video analytics..
To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/video-surveillance-storage-global-market-report
Segmentation & Regional Insights
The video surveillance storage market covered in this report is segmented –
1) By Products: Storage Area Network (SAN) , Network Attached Storage (NAS) , Direct Attached Storage (DAS) , Video Recorders
2) By Storage Media: Hard Disk Drive (HDD) , Solid State Drive (SSD)
3) By Deployment Modes: Cloud, On-premises
4) By Vertical: Banking, Financial Services and Insurance (BFSI) , Education
Top 5 Major Players:
- Cisco Systems Inc
- Dell Technologies Inc
- Hitachi Ltd
- Seagate Technology LLC
- Robert Bosch GmbH
North America was the largest region in the video surveillance storage market share in 2023. The regions covered in the video surveillance storage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8278&type=smp
Major Driver Impacting Market Growth
Possible terrorist attacks are expected to propel the growth of the video surveillance storage market going forward. Terrorist attacks refer to intentional acts of violence, typically perpetrated by non-state actors or groups, with the aim of creating fear, panic, or political, ideological, or religious intimidation. Video surveillance storage plays a crucial role in counterterrorism efforts by providing essential data for the investigation and analysis of security incidents, including terrorist attacks. For instance, in 2023, according to the Global Terrorism Index by the Institute for Economics & Peace, an Australia-based Think tank, terrorist attacks became more deadly in 2022, killing on average 1.7 people per attack in 2022 compared to 1.3 deaths per attack in 2021. Therefore, the increasing number of terrorist attacks is driving the video surveillance storage market.
Key Industry Players
Major companies operating in the video surveillance storage market report are Cisco Systems Inc., Dell Technologies Inc., Hitachi Ltd., Seagate Technology LLC, Robert Bosch GmbH, Avigilon Corporation, Schneider Electric SE, Hangzhou Hikvision Digital Technology Co. Ltd., Panasonic Corporation, Pelco Incorporated, Huawei Technologies Co. Ltd., Axis Communications AB, BCDVideo LLC, Dahua Technology Co. Ltd., FLIR Systems Inc., AxxonSoft Inc., Bosch Security Systems, Inc., Digital Watchdog Inc., Exacq Technologies Inc., Genetec Inc., Hanwha Vision, Hewlett Packard Enterprise Company, Intransa Inc., March Networks Corporation, Milestone Systems, NetApp Inc., NICE Systems Ltd., Pivot3, Promise Technology Inc., QNAP Systems Inc., Quantum Corporation, Razberi Technologies Inc., Salient Systems Corporation, Synology Inc., Toshiba Corporation, Western Digital Corporation
The video surveillance storage market report table of contents includes:
1. Executive Summary
2. Video Surveillance Storage Market Characteristics
3. Video Surveillance Storage Market Trends And Strategies
4. Video Surveillance Storage Market – Macro Economic Scenario
5. Global Video Surveillance Storage Market Size and Growth
…
31. Global Video Surveillance Storage Market Competitive Benchmarking
32. Global Video Surveillance Storage Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Video Surveillance Storage Market
34. Video Surveillance Storage Market Future Outlook and Potential Analysis
35. Appendix
Explore the trending research reports from TBRC:
https://topprnews.com/more-electric-aircraft-market-report/
https://topprnews.com/non-alcoholic-steatohepatitis-treatment-market-share/
https://topprnews.com/oil-and-gas-security-and-service-market-share/
https://goodprnews.com/more-electric-aircraft-market-report/
https://goodprnews.com/non-alcoholic-steatohepatitis-treatment-market-size/
https://goodprnews.com/oil-and-gas-security-and-service-market-share/
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
