Evolving Market Trends In The Video Surveillance Storage Industry: Technological Advancements In The Video Surveillance Storage Market

The Video Surveillance Storage Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Expected Video Surveillance Storage Market Size During the Forecast Period?
The market size of video surveillance storage has seen a rapid expansion in the recent past. It is projected to swell from $27.19 billion in 2024 to $32.63 billion in 2025, with a compound annual growth rate (CAGR) of 20.0%. This growth over the historic period is a result of the upswing in surveillance installations, the shift to IP-based systems, an increase in high-definition camera usage, data retention needs, as well as security issues and incident control.

The market size of video surveillance storage is predicted to experience substantial expansion in the ensuing years. The projected size by 2029 is expected to be $71.73 billion, with a compound annual growth rate (CAGR) of 21.8%. The anticipated growth during the forecast period is due to the entrance of new market players, increased market competition, progression in data management, affordable and scalable solutions, and sector-specific needs. Key trends expected during this period include the implementation of edge storage, concentrating on cost-effectiveness and ROI, adopting hybrid storage methods, the use of cloud-based storage solutions, and the incorporation of video analytics.

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What Are the High-Growth Segments in the Video Surveillance Storage Market?
The video surveillance storage market covered in this report is segmented -

1) By Products: Storage Area Network (SAN), Network Attached Storage (NAS), Direct Attached Storage (DAS), Video Recorders
2) By Storage Media: Hard Disk Drive (HDD), Solid State Drive (SSD)
3) By Deployment Modes: Cloud, On-premises
4) By Vertical: Banking, Financial Services And Insurance (BFSI), Education

Subsegments:
1) By Storage Area Network (SAN): Fiber Channel SAN, iSCSI SAN
2) By Network Attached Storage (NAS): Single-Bay NAS, Multi-Bay NAS
3) By Direct Attached Storage (DAS): External Hard Drives, Internal Hard Drives
4) By Video Recorders: Digital Video Recorders (DVR), Network Video Recorders (NVR)

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What Key Drivers Are Expected to Influence Future Video Surveillance Storage Market Growth?
The video surveillance storage market is forecasted to expand as a result of potential terrorist attacks. These attacks are usually violent actions carried out purposely by non-state individuals or factions with the goal of inciting fear, panic, or applying political, ideological, or religious pressure. Video surveillance storage is highly crucial in combating terrorism, providing vital information for the examination and breakdown of security occurrences, including terror incidents. For instance, the data from the Global Terrorism Index by the Institute for Economics & Peace, an Australian-based think tank, indicated that terrorist assaults had become more lethal in 2022, causing an average of 1.7 deaths per attack, compared to 1.3 fatalities per attack in 2021. Consequently, the escalating number of terrorist attacks is bolstering the growth of the video surveillance storage market.

Which Companies Hold the Largest Share Across Different Video Surveillance Storage Market Segments?
Major companies operating in the video surveillance storage market are Dell Technologies Inc., Hitachi Ltd., Seagate Technology LLC, Robert Bosch GmbH, Avigilon Corporation, Hangzhou Hikvision Digital Technology Co. Ltd., Panasonic Corporation, Pelco Incorporated, Huawei Technologies Co. Ltd., Axis Communications AB, BCDVideo LLC, Dahua Technology Co. Ltd., AxxonSoft Inc., Digital Watchdog Inc., Exacq Technologies Inc., Genetec Inc., Hanwha Vision, March Networks Corporation, Milestone Systems, NICE Systems Ltd., Pivot3, Promise Technology Inc., QNAP Systems Inc., Quantum Corporation, Razberi Technologies Inc., Salient Systems Corporation, Synology Inc., Toshiba Corporation, Western Digital Corporation

What Trends Are Driving Growth in The Video Surveillance Storage Market?
The rise in technological innovations is a significant trend making waves in the video surveillance storage sector. Many leading businesses are putting their focus on cloud-based storage for video surveillance which provides efficient and enormous storage capabilities. This type of storage enables the video footage captured to be transferred to the cloud, offering endless storage capacity. As an example, in June 2024, Blackmagic Design, a digital camera firm and manufacturer from Australia, collaborated with Apple, a technology company based in the US, to create the first URSA Cine Immersive camera. This camera, designed specifically for Apple Immersive Video on the Apple Vision Pro, includes an 8TB high-performance network storage system capable of capturing over two hours of Blackmagic RAW in 8K stereoscopic 3D. This feature enables editors to work on the captured footage in real time from different locations as the data can be synced to Blackmagic Cloud and DaVinci Resolve media bins right away. In addition, the camera also supports the creation of small H.264 proxy files, making cloud uploads quicker and ensuring seamless collaborative workflows.

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What Are the Emerging Geographies for The Video Surveillance Storage Market Growth?
North America was the largest region in the video surveillance storage market share in 2024. The regions covered in the video surveillance storage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Video Surveillance Storage Market?
2. What is the CAGR expected in the Video Surveillance Storage Market?
3. What Are the Key Innovations Transforming the Video Surveillance Storage Industry?
4. Which Region Is Leading the Video Surveillance Storage Market?

Why This Report Matters:

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Efficient Research: Quickly identify market growth, leading players, and major segments.

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