USD 21.31 billion
Report ID:
SQMIG50J2010 |
Region:
Global |
Published Date: February, 2024
Pages:
177
|Tables:
88
|Figures:
76
Global Video Surveillance Storage Market size was valued at USD 21.31 billion in 2021 and is poised to grow from USD 22.82 billion in 2022 to USD 39.5 billion by 2030, growing at a CAGR of 7.1% in the forecast period (2023-2030).
The global Video Surveillance Storage marketplace is witnessing robust boom pushed via escalating security concerns, increasing adoption of video surveillance structures, and technological improvements. The proliferation of clever towns and the need for superior surveillance solutions make a contribution to the marketplace's expansion. Cloud-based totally garage answers are gaining prominence, offering scalability and accessibility. However, challenges like records privacy worries and high implementation costs act as restraints. As the demand for excessive-resolution cameras rises, storage necessities surge, stimulating the market further.
Key traits encompass the combination of Artificial Intelligence (AI) for video analytics and the emergence of part storage answers for decentralized processing. North America and Asia-Pacific are key regions riding marketplace growth, with ongoing urbanization and infrastructure development fostering the deployment of video surveillance garage solutions.
Global Market Size
USD 21.31 billion
Largest Segment
Network Attached Storage (NAS)
Fastest Growth
Cloud-primarily based garage
Growth Rate
7.1% CAGR
To get more reports on the above market click here to Buy The Report
The global Video Surveillance Storage market is segmented into four major segments i.e. by By Storage Technology, Storage Media, Deployment Model, and region. Based on Type, it is divided into Network Attached Storage (NAS), Direct Attached Storage (DAS), Storage Area Network (SAN). Based on Storage Media, it is bifurcated as Hard Disk Drives (HDD), Solid State Drives (SSD). Based on Deployment Model it is segregated into, On-Premises, Cloud-Based. Based on region, the market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Analysis by Storage Technology
NAS is likely to dominate the marketplace because of its ease of implementation, scalability, and centralized management abilties. As video surveillance systems generate significant amounts of information, NAS presents a convenient and efficient manner to store and retrieve this information. The ability to effortlessly add additional garage capability as wished makes NAS a favored desire for plenty programs.
Cloud-primarily based garage is anticipated to be the fastest-growing generation. The call for for scalable and available garage answers is using the adoption of cloud storage inside the video surveillance zone. Cloud storage allows for far flung get right of entry to to video footage, smooth scalability, and regularly entails price savings as compared to conventional on-premises storage solutions.
Analysis by Storage Area Network
HDDs are possibly to dominate the market because of their mounted presence, cost-effectiveness for high-potential storage, and reliability. In video surveillance packages in which large amounts of facts need to be stored, HDDs offer a value-green answer. Additionally, the mature and proven technology of HDDs makes them a widespread choice for video surveillance garage.
SSDs are anticipated to be the quickest-developing storage media. The increasing demand for high-overall performance garage answers, in particular in packages where speedy facts get right of entry to is essential, favors the adoption of SSDs. With improvements in SSD era, such as improved capability and affordability, they're turning into greater appealing for video surveillance storage.
To get detailed analysis on other segments, Request For Free Sample Report
North America is likely to dominate the market because of its superior technological infrastructure, high adoption of surveillance systems in diverse sectors (which includes business, authorities, and home), and growing issues concerning safety and public protection. The presence of key marketplace gamers and ongoing improvements in video surveillance technologies make a contribution to North America's prominence in the Video Surveillance Storage marketplace.
Asia-Pacific is anticipated to be the quickest-developing area. Rapid urbanization, infrastructure development, and the increasing need for robust protection solutions drive the demand for video surveillance garage in this area. Countries like China and India are witnessing considerable investments in smart town projects, contributing to the deployment of superior video surveillance structures.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Drivers
Increasing Demand For Enhanced Security And Surveillance Solutions
Restraints
High Concern Over Data Privacy And Security
Request Free Customization of this report to help us to meet your business objectives.
The competitive environment of the Video Surveillance Storage marketplace is dynamic and is characterized by severe opposition among key gamers striving for market share and technological management. Established businesses in the sector regularly interact in strategic partnerships and collaborations to enhance their product portfolios and increase their worldwide attain. The market sees a mixture of global giants with great sources and regional players leveraging nearby insights.
Top Player’s Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
Global Video Surveillance Storage market evaluation exhibits a dynamic marketplace with a number of standout tendencies and problems. The market testimonies strong increase driven with the aid of increasing protection wishes globally and technological enhancements. However, information privateness issues and immoderate implementation fees act as restraints. Product kind analysis reveals dominance of Hard Disk Drives (HDDs) because of rate-effectiveness, even as Solid State Drives (SSDs) witness fast boom thanks to their excessive performance.
Regionally, North America leads due to technological infrastructure, even as Asia-Pacific emerges due to the fact the fastest-growing market fueled thru urbanization. Key inclinations include AI integration for analytics and the upward thrust of place garage solutions, reflecting a shift in the direction of intelligent and decentralized video surveillance garage solutions.
Report Metric | Details |
---|---|
Market size value in 2021 | USD 21.31 billion |
Market size value in 2030 | USD 39.5 billion |
Growth Rate | 7.1% |
Base year | 2023 |
Forecast period | 2023-2030 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Video Surveillance Storage Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Video Surveillance Storage Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Video Surveillance Storage Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Video Surveillance Storage Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG50J2010
sales@skyquestt.com
USA +1 351-333-4748