Video Surveillance Storage Market to Witness an Outstanding Growth 2016 - 2030

Video Surveillance Storage Market report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Video Surveillance Storage Market by region.

Video Surveillance Storage Market is valued approximately USD 7.6 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 18 % over the forecast period 2019-2026.

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A release on June 8th, 2021, by the Bureau and Economic Analysis and U.S. The Census Bureau reports the recovery of the U.S. market. The report also described the recovery of U.S. International Trade in July 2021.In April 2021, exports in the country reached $300 billion, an increase of $13.4 billion. In April 2021, imports amounted to $294.5 billion, increasing by $17.4 billion. COVID19 is still a significant issue for economies around the globe, as evidenced by the year-over-year decline in exports in the U.S. between April 2020 and April 2021 and the increase in imports over that same period of time. The market is clearly trying to recover. Despite this, it means there will be a direct impact on the Healthcare/ICT/Chemical industries, resulting in a large market for Video Surveillance Storage Market.

Video surveillance storage is the method of storing real-time video data generated by surveillance cameras on storage devices. The data can then be recovered in the future for investigation of any event or actions which can be treated as an evidence for a situation in either file or block format. Video surveillance systems are used for campus safety , , airport safety, hospital and patient safety, stadium safety and police safety among others.

Furthermore, video surveillance cameras are utilized to capture substantial amounts of information requiring scaling of network bandwidth and storage capacity. Usage of video surveillance in organizations across each vertical is growing, mounting up new challenges related to handling surveillance systems and storing the exponentially increasing volume of raw video footage.

Numerous large enterprises use more than 100 cameras on an average, which function 24*7 around the clock collecting feed. Hence with the number of surveillance cameras increasing and the worth of video analytics projected to grow, so is the need for video surveillance storage. As the number of video surveillance cameras shipped globally in 2006 was 10 million and it crossed over 100 million in 2016 and 130 million in 2018.

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Furthermore, the increasing demand for IP cameras and video surveillance and storage for the safety of the public places is increasing. As the number of crimes and attacks are increasing across the world. This propels the government to install CCTVs in most of the public places for the security and safety of the population. The Storage of these video surveillance also aids in determining the culprit of the attack.

Hence fueling the market for Video Surveillance Storage market. However, low awareness regarding video surveillance and latest storage technologies impedes the growth of the market over the forecast period of 2020-2026. Although, rise of internet of things and adoption of Cloud based services present an opportunistic market for the Video Surveillance storage.

The regional analysis of global Video Surveillance Storage market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increasing surveillance data and need for cloud-based storage solutions. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as adoption of video surveillance across various enterprises and the need for storage facilities along with video analytics such as motion detection, object detection and various tools would create lucrative growth prospects for the Video Surveillance Storage market across Asia-Pacific region.

Major market player included in this report are:
Cisco Systems Inc (US)
Hitachi Ltd. (Japan)
Dell (US)
Honeywell International Inc (US)
Avigilon (Canada)
NetApp Inc. (US)
Robert Bosch GmbH (Germany)
Seagate Technology PLC (US)
Quantum Corporation (US)
Schneider Electric SE (France)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

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The detailed segments and sub-segment of the market are explained below:

By Products:
Storage Area Network (SAN)
Network Attached Storage (NAS)
Direct Attached Storage (DAS)
Video Recorders

By Storage Media:
Hard Disk Drive (HDD)
Solid State Drive (SSD)

By Deployment modes:
Cloud
On-premises

By Application:
Commercial
Defence/Military
City Surveillance
Industrial

By Verticals:
Government and Defence
Education
Banking, Financial Services, and Insurance (BFSI)
Manufacturing,
Energy and Utilities
Transportation and Logistics
Healthcare and Pharmaceutical
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2016, 2017, 2018
Base year - 20198
Forecast period - 2020 to 2026

Target Audience of the Global Video Surveillance Storage Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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Table of content:

Market Snapshot
Key Trends
Estimation Methodology
Research Assumption
Objective of the Study
Market Definition & Scope
Market Drivers
Market Opportunities
Porter's 5 Force Model
PEST Analysis
Risk Assessment: COVID-19 Impact
Competitive Intelligence
Research Process
What are the key findings of the report?

This report provides comprehensive information on factors expected to influence the market growth and market share in the future.
The report offers the current state of the market and future prospects for various geographical regions.
This report provides both qualitative and quantitative information about the competitive landscape of the market.
Combined with Porter's Five Forces analysis, it serves as SWOT analysis and competitive landscape analysis.
It provides an in-depth analysis of the market, highlighting its growth rates and opportunities for growth.

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This release was published on openPR.