Uploaded on Apr 23, 2021
The number of surveillance cameras along with the significance of video analytics is estimated to rise and so is the requirement of their surveillance storage. Hence the global video surveillance storage market size is anticipated to reach USD 19 billion by 2025.
Video Surveillance Storage Market Breakdown Data by Manufacturers, Key Regions, Types and Application Analysis Forecast 2021-2025
Adroit Market Research
Video Surveillance Storage Market
by Storage Technologies (Storage Area Network, Network-
Attached Storage, Direct-Attached Storage, Video Recorders),
Storage Media (Hard Disk Drives (HDD), Solid Disk Drives
(SDD)), Applications (Commercial, Defense, City Surveillance,
Industrial) and by Region, Global Forecast 2018 to 2025
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Increasing Necessity And Mandates For Video Surveillance Across
Industry Verticals And Regions Has Led To Video Surveillance Storage
Growth
• Increasing necessity and mandates for video surveillance across industry verticals and regions
drive the demand for video surveillance storage market
• The use of video surveillance in enterprises across different industry verticals is rising, leading to
new challenges such as managing surveillance systems as well as storing the exponentially
growing amount of raw video footage. Most of the large enterprises deploy usually more than 50
cameras that operate 24*7 for safety and security purposes. The number of surveillance cameras
along with the significance of video analytics is estimated to rise and so is the requirement of their
surveillance storage. Hence the global video surveillance storage market size is anticipated to
reach USD 19 billion by 2025.
• The gaining prominence of cloud-based storage solutions along with the need to mandate with
required security compliance is likely to trigger the growth of video surveillance storage market
over the forecast period. However, high expenses associated with the storage equipment hinders
the growth of the industry. Also, the risk of vendor lock-in, which restricts the users from shifting to
other vendor’s platform, is projected to hold the video surveillance storage market growth
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Increasing Necessity And Mandates For Video Surveillance Across Industry
Verticals And Regions Has Led To Video Surveillance Storage Growth
• Based on the storage technologies segment, the market is bifurcated into a storage area network,
network-attached storage, direct-attached storage, and video recorders. In 2019, the storage area
network segment gathered the largest market revenue and it is anticipated to govern the video
surveillance storage market throughout the forecast period. The major share of segment revenue is
likely to come from the North American region, since the presence of Tech companies, as well as
security & surveillance spending, is the highest within the region. However, the network-attached
storage segment is anticipated to grow at a substantial growth rate over the forecast period.
• The global video surveillance storage market has strong competition among the well-established
and new emerging players. These market players target to gain a competitive advantage over the
other players by participating in partnerships, mergers, and acquisitions and expanding their
businesses.
• The global video surveillance storage market is a wide range to North America, Asia Pacific, Europe,
South America, and the Middle East & Africa. North America is considered a mature market in the
video surveillance storage, owing to an outsized presence of organization with the availability of
technical expertise and advanced IT infrastructure. The US and Canada are the highest contributory
countries to the expansion of the video surveillance storage market in North America.
• The major players of the global video surveillance storage market are Cisco, Hitachi, Dell,
Honeywell, Avigilon, NetApp, Bosch, Seagate, Quantum, and Schneider Electric. The video
surveillance storage market is fragmented with the existence of well-known global and domestic
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Segment Overview of Global Internet of Video Surveillance
Storage Market
Storage Technology Overview, 2018-2025 (USD Billion)
• Storage Area Network
• Network Attached Storage
• Direct Attached Storage
• Video Recorders
Storage Media Overview, 2018-2025 (USD Billion)
• Hard Disk Drives (HDD)
• Solid Disk Drives (SDD)
Applications Overview, 2018-2025 (USD Billion)
• Commercial
• Defense
• City Surveillance
• Industrial
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Segment Overview of Global Internet of Video Surveillance Storage Market
Regional Overview, 2018-2025 (USD Billion)
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• UAE
• South Africa
• Rest of Middle East and Africa
• South America
• Brazil
• Rest of South America
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