Global Video Surveillance Storage Market

Video Surveillance Storage Market Size, Share, Growth Analysis, By Storage Technology(Network Attached Storage (NAS), Direct Attached Storage (DAS), Storage Area Network (SAN)), By Storage Media(Hard Disk Drives (HDD), Solid State Drives (SSD)), By Deployment Model(On-Premises, Cloud-Based), By Region - Industry Forecast 2024-2031

Report ID: SQMIG50J2010 | Region: Global | Published Date: February, 2024
Pages: 177 | Tables: 88 | Figures: 76

Video Surveillance Storage Market Regional Insights

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.

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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 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 giants with great sources and regional players leveraging nearby insights. 'Seagate Technology', 'Western Digital Corporation', 'Hikvision', 'Dahua Technology', 'Samsung Electronics', 'Axis Communications', 'Honeywell Security & Building Technologies', 'Bosch Security Systems', 'Milestone Systems', 'Avigilon Corporation', 'Sony Corporation', 'Panasonic Corporation', 'Tyco Security Products', 'Pelco Inc.', 'Vivotek Inc.', 'Uniview Technologies Co., Ltd.', 'Hanwha Techwin', 'Greenwald Industries', 'Verint Systems', 'Anix HD'

The increasing demand for superior safety and surveillance solutions throughout various sectors, which includes business, residential, and government packages. The rising risk belief, coupled with a developing recognition of the advantages of video surveillance, drives the adoption of advanced garage systems. Furthermore, the surge in clever town initiatives and infrastructure development globally intensifies the need for robust video surveillance storage solutions.

Rising Adoption Of Artificial Intelligence (Ai): The growing adoption of Artificial Intelligence (AI) and analytics in video surveillance garage solutions. AI-powered video analytics enhance records processing skills, allowing real-time insights and predictive analytics. Another key fashion is the growing prevalence of edge garage answers, allowing decentralized processing on the deliver of statistics seize.

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.

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Global Video Surveillance Storage Market

Report ID: SQMIG50J2010

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