Video Surveillance Storage Market Bolstering at Impressive CAGR of 21.8% to Reach $71.73bn by 2029 with Focus on ROI and Cloud-Based Solutions

Video Surveillance Storage

The video surveillance storage market has seen rapid growth in recent years. It expanded from $27.19 billion in 2024 to a predicted $32.63 billion in 2025, indicating a compound annual growth rate (CAGR) of 20.0%. This growth can be attributed to increased surveillance deployments, the transition to IP-based systems, the rise in high-definition cameras, data retention requirements, security concerns, and incident management. Looking ahead, the market is expected to continue its exponential growth, estimated to reach $71.73 billion in 2029 at a CAGR of 21.8%. The forecasted growth is driven by entry of new market players, market competitiveness, advancements in data management, cost-effective and scalable solutions, and specific vertical demands. Notable trends include the adoption of edge storage, a focus on cost-efficiency and ROI, hybrid storage approaches, cloud-based storage solutions, and the integration of video analytics.

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How Do Terrorist Attacks Drive the Video Surveillance Storage Market Growth?
Possible terrorist attacks are expected to significantly drive the video surveillance storage market. These intentional acts of violence aim to instill fear, panic or political, ideological, or religious intimidation. Video surveillance storage plays a critical role in counterterrorism efforts by providing key data for the investigation and analysis of security incidents, including terrorist attacks. For instance, an assessment by the Institute for Economics & Peace reveals that terrorist attacks became more deadly in 2022, pushing the rising need for advanced video surveillance storage solutions.

What Are the Major Segments in the Global Video Surveillance Storage Market?
The video surveillance storage market is segmented into:
1) Products: Storage Area Network (SAN), Network Attached Storage (NAS), Direct Attached Storage (DAS), Video Recorders
2) Storage Media: Hard Disk Drive (HDD), Solid State Drive (SSD)
3) Deployment Modes: Cloud, On-Premises
4) Vertical: Banking, Financial Services And Insurance (BFSI), Education

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Which Companies are Leading in the Video Surveillance Storage Market?
Prominent companies in the video surveillance storage market include Dell Technologies Inc., Hitachi Ltd., Seagate Technology LLC, Robert Bosch GmbH, Avigilon Corporation, Hangzhou Hikvision Digital Technology Co. Ltd., Panasonic Corporation, Pelco Incorporated, Huawei Technologies Co. Ltd., Axis Communications AB, and others. These players continuously strive for innovation to maintain their market positions.

What Technological Advancements are Influencing the Video Surveillance Storage Market?
Technology advancements are a key trend in the video surveillance storage market. Companies are turning to cloud-based solutions for efficient, mass data storage. For instance, Blackmagic Design collaborated with Apple in 2024 to develop the first URSA Cine Immersive camera system for Apple Vision Pro. The device touts an 8TB high-performance network storage system that allows editors to work on footage in real time from remote locations.

What are the Region-Wise Market Shares in the Video Surveillance Storage Market?
North America commanded the largest share in the video surveillance storage market in 2024. However, other regions, including Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa, also present substantial market prospects.

What Does The Video Surveillance Storage Market Report 2025 Offer?
Video surveillance storage refers to the solutions used to store information obtained from surveillance cameras, which significantly contribute to theft prevention, effective incident management, and transparency enhancement. The Video Surveillance Storage Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.

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