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Video Surveillance Storage Market Report 2023 : Market Size, Analysis, Key Trends And Forecast To 2032 | Cisco Systems Inc., Dell, Hitachi Ltd., Seagate Technology LLC, Robert Bosch GmbH, Avigilon Corporation.
Video Surveillance Storage Market
The Business Research Company's Video Surveillance Storage Global Market Report 2023 identifies rise of smart cities as the major driver for the Video Surveillance Storage market's growth in the forecast period. A smart city is a developed urban area that excels in a number of critical areas, including economy, mobility, environment, people, lifestyle, and government. Due to rising urbanization and the growing population, governments across the globe are developing smart cities to optimize economic growth and improve the quality of life for citizens.
The global video surveillance storage market size is expected to grow from $18.81 billion in 2022 to $22.98 billion in 2023 at a compound annual growth rate (CAGR) of 22.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The video surveillance storage market size is expected to reach $48.55 billion in 2027 at a CAGR of 20.6%.
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Major competitors in the Video Surveillance Storage market are Cisco Systems Inc., Dell, Hitachi Ltd., Seagate Technology LLC, Robert Bosch GmbH, Avigilon Corporation.
A key trend in the Video Surveillance Storage market includes technological advancement. Major companies are focusing on cloud-based video surveillance storage for efficient and massive storage. With cloud-based video surveillance storage, the captured video is moved to the cloud and has infinite storage space. For instance, in September 2021, Ava Security, a US-based company specializing in unified physical and cyber security, launched Ava Cloud Storage.
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The Video Surveillance Storage market is segmented -
1. By Products: Storage Area Network (SAN), Network Attached Storage (NAS), Direct Attached Storage (DAS), and Video Recorders.
2. By Storage Media: Hard Disk Drive (HDD) or Solid State Drive (SSD)
3. By Deployment Modes: Cloud, On-premises
4. By Vertical: Banking, Financial Services, and Insurance (BFSI), Education
5. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Video Surveillance Storage market.
The Business Research Company's "Global Video Surveillance Storage Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Video Surveillance Storage Market Include:
1. Executive Summary
2. Video Surveillance Storage Market Characteristics
3. Video Surveillance Storage Market Trends And Strategies
4. Video Surveillance Storage Market - Macro Economic Scenario
5. Video Surveillance Storage Market Size And Growth
……
26. Africa Video Surveillance Storage Market
27. Video Surveillance Storage Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Video Surveillance Storage Market
29. Video Surveillance Storage Market Future Outlook and Potential Analysis
30. Appendix
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