ID: MRFR/ICT/4392-HCR | August 2022 | Region: Global | 100 Pages
TABLE OF CONTENTS
1 Executive Summary
2 The scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining power of buyers
4.1.3 Threat of substitutes
4.1.4 Segment rivalry
4.1.5 Bargaining power of Suppliers
4.2 Value Chain/Supply Chain of Global Video Surveillance Storage Market
5 Vertical Overview of Global Video Surveillance Storage Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact analysis
5.4 Market Challenges
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact analysis
7. Global Video Surveillance Storage Market by Storage Technology
7.1 Introduction
7.2 Network Attached Storage (NAS)
7.2.1 Market Estimates & Forecast, 2020-2027
7.2.2 Market Estimates & Forecast by Region, 2020-2027
7.3 Storage Area Network (SAN)
7.3.1 Market Estimates & Forecast, 2020-2027
7.3.2 Market Estimates & Forecast by Region, 2020-2027
7.4 Direct Attached Storage (DAS)
7.4.1 Market Estimates & Forecast, 2020-2027
7.4.2 Market Estimates & Forecast by Region, 2020-2027
8. Global Video Surveillance Storage Market by Storage Type
8.1 Introduction
8.2 Hard Disk Drives (HDDS)
8.2.1 Market Estimates & Forecast, 2020-2027
8.2.2 Market Estimates & Forecast by Region, 2020-2027
8.3 Solid State Drives (SDDS)
8.3.1 Market Estimates & Forecast, 2020-2027
8.3.2 Market Estimates & Forecast by Region, 2020-2027
9. Global Video Surveillance Storage Market by Deployment
9.1 Introduction
9.2 On-Premise
9.2.1 Market Estimates & Forecast, 2020-2027
9.2.2 Market Estimates & Forecast by Region, 2020-2027
9.3 On-Cloud
9.3.1 Market Estimates & Forecast, 2020-2027
9.3.2 Market Estimates & Forecast by Region, 2020-2027
10. Global Video Surveillance Storage Market by Organization Size
10.1 Introduction
10.2 SME
10.2.1 Market Estimates & Forecast, 2020-2027
10.2.2 Market Estimates & Forecast by Region, 2020-2027
10.3 Large Enterprises
10.3.1 Market Estimates & Forecast, 2020-2027
10.3.2 Market Estimates & Forecast by Region, 2020-2027
11. Global Video Surveillance Storage Market by Vertical
11.1 Introduction
11.2 BFSI
11.2.1 Market Estimates & Forecast, 2020-2027
11.2.2 Market Estimates & Forecast by Region, 2020-2027
11.3 Education
11.3.1 Market Estimates & Forecast, 2020-2027
11.3.2 Market Estimates & Forecast by Region, 2020-2027
11.4 Healthcare
11.4.1 Market Estimates & Forecast, 2020-2027
11.4.2 Market Estimates & Forecast by Region, 2020-2027
11.5 Retail
11.5.1 Market Estimates & Forecast, 2020-2027
11.5.2 Market Estimates & Forecast by Region, 2020-2027
11.6 Government
11.6.1 Market Estimates & Forecast, 2020-2027
11.6.2 Market Estimates & Forecast by Region, 2020-2027
11.7 Others
11.7.1 Market Estimates & Forecast, 2020-2027
11.7.2 Market Estimates & Forecast by Region, 2020-2027
12. Global Video Surveillance Storage Market by Region
12.1 Introduction
12.2 North America
12.2.1 Market Estimates & Forecast, 2020-2027
12.2.2 Market Estimates & Forecast by Storage Technology, 2020-2027
12.2.3 Market Estimates & Forecast by Storage Type, 2020-2027
12.2.4 Market Estimates & Forecast by Deployment, 2020-2027
12.2.5 Market Estimates & Forecast by Organization Size, 2020-2027
12.2.6 Market Estimates & Forecast by Vertical, 2020-2027
12.2.7 U.S.
12.2.7.1 Market Estimates & Forecast, 2020-2027
12.2.7.2 Market Estimates & Forecast by Storage Technology, 2020-2027
12.2.7.3 Market Estimates & Forecast by Storage Type, 2020-2027
12.2.7.4 Market Estimates & Forecast by Deployment, 2020-2027
12.2.7.5 Market Estimates & Forecast by Organization Size, 2020-2027
12.2.7.6 Market Estimates & Forecast by Vertical, 2020-2027
12.2.8 Mexico
12.2.8.1 Market Estimates & Forecast, 2020-2027
12.2.8.2 Market Estimates & Forecast by Storage Technology, 2020-2027
12.2.8.3 Market Estimates & Forecast by Storage Type, 2020-2027
12.2.8.4 Market Estimates & Forecast by Deployment, 2020-2027
12.2.8.5 Market Estimates & Forecast by Organization Size, 2020-2027
12.2.8.6 Market Estimates & Forecast by Vertical, 2020-2027
12.2.9 Canada
12.2.9.1 Market Estimates & Forecast, 2020-2027
12.2.9.2 Market Estimates & Forecast by Storage Technology, 2020-2027
12.2.9.3 Market Estimates & Forecast by Storage Type, 2020-2027
12.2.9.4 Market Estimates & Forecast by Deployment, 2020-2027
12.2.9.5 Market Estimates & Forecast by Organization Size, 2020-2027
12.2.9.6 Market Estimates & Forecast by Vertical, 2020-2027
12.3 Europe
12.3.1 Market Estimates & Forecast, 2020-2027
12.3.2 Market Estimates & Forecast by Storage Technology, 2020-2027
12.3.3 Market Estimates & Forecast by Storage Type, 2020-2027
12.3.4 Market Estimates & Forecast by Deployment, 2020-2027
12.3.5 Market Estimates & Forecast by Organization Size, 2020-2027
12.3.6 Market Estimates & Forecast by Vertical, 2020-2027
12.3.7 Germany
12.3.7.1 Market Estimates & Forecast, 2020-2027
12.3.7.2 Market Estimates & Forecast by Storage Technology, 2020-2027
12.3.7.3 Market Estimates & Forecast by Storage Type, 2020-2027
12.3.7.4 Market Estimates & Forecast by Deployment, 2020-2027
12.3.7.5 Market Estimates & Forecast by Organization Size, 2020-2027
12.3.7.6 Market Estimates & Forecast by Vertical, 2020-2027
12.3.8. France
12.3.8.1 Market Estimates & Forecast, 2020-2027
12.3.8.2 Market Estimates & Forecast by Storage Technology, 2020-2027
12.3.8.3 Market Estimates & Forecast by Storage Type, 2020-2027
12.3.8.4 Market Estimates & Forecast by Deployment, 2020-2027
12.3.8.5 Market Estimates & Forecast by Organization Size, 2020-2027
12.3.8.6 Market Estimates & Forecast by Vertical, 2020-2027
12.3.9 U.K
12.3.9.1 Market Estimates & Forecast, 2020-2027
12.3.9.2 Market Estimates & Forecast by Storage Technology, 2020-2027
12.3.9.3 Market Estimates & Forecast by Storage Type, 2020-2027
12.3.9.4 Market Estimates & Forecast by Deployment, 2020-2027
12.3.9.5 Market Estimates & Forecast by Organization Size, 2020-2027
12.3.9.6 Market Estimates & Forecast by Vertical, 2020-2027
12.4 Asia Pacific
12.4.1 Market Estimates & Forecast, 2020-2027
12.4.2 Market Estimates & Forecast by Storage Technology, 2020-2027
12.4.3 Market Estimates & Forecast by Storage Type, 2020-2027
12.4.4 Market Estimates & Forecast by Deployment, 2020-2027
12.4.5 Market Estimates & Forecast by Organization Size, 2020-2027
12.4.6 Market Estimates & Forecast by Vertical, 2020-2027
12.4.7 China
12.4.7.1 Market Estimates & Forecast, 2020-2027
12.4.7.2 Market Estimates & Forecast by Storage Technology, 2020-2027
12.4.7.3 Market Estimates & Forecast by Storage Type, 2020-2027
12.4.7.4 Market Estimates & Forecast by Deployment, 2020-2027
12.4.7.5 Market Estimates & Forecast by Organization Size, 2020-2027
12.4.7.6 Market Estimates & Forecast by Vertical, 2020-2027
12.4.8 India
12.4.8.1 Market Estimates & Forecast, 2020-2027
12.4.8.2 Market Estimates & Forecast by Storage Technology, 2020-2027
12.4.8.3 Market Estimates & Forecast by Storage Type, 2020-2027
12.4.8.4 Market Estimates & Forecast by Deployment, 2020-2027
12.4.8.5 Market Estimates & Forecast by Organization Size, 2020-2027
12.4.8.6 Market Estimates & Forecast by Vertical, 2020-2027
12.4.9 Japan
12.4.9.1 Market Estimates & Forecast, 2020-2027
12.4.9.2 Market Estimates & Forecast by Storage Technology, 2020-2027
12.4.9.3 Market Estimates & Forecast by Storage Type, 2020-2027
12.4.9.4 Market Estimates & Forecast by Deployment, 2020-2027
12.4.9.5 Market Estimates & Forecast by Organization Size, 2020-2027
12.4.9.6 Market Estimates & Forecast by Vertical, 2020-2027
12.4.10 Rest of Asia Pacific
12.4.10.1 Market Estimates & Forecast, 2020-2027
12.4.10.2 Market Estimates & Forecast by Storage Technology, 2020-2027
12.4.10.3 Market Estimates & Forecast by Storage Type, 2020-2027
12.4.10.4 Market Estimates & Forecast by Deployment, 2020-2027
12.4.10.5 Market Estimates & Forecast by Organization Size, 2020-2027
12.4.10.6 Market Estimates & Forecast by Vertical, 2020-2027
12.5 Rest of the World
12.5.1 Market Estimates & Forecast, 2020-2027
12.5.2 Market Estimates & Forecast by Storage Technology, 2020-2027
12.5.3 Market Estimates & Forecast by Storage Type, 2020-2027
12.5.4 Market Estimates & Forecast by Deployment, 2020-2027
12.5.5 Market Estimates & Forecast by Organization Size, 2020-2027
12.5.6 Market Estimates & Forecast by Vertical, 2020-2027
12.5.7 The Middle East & Africa
12.5.7.1 Market Estimates & Forecast, 2020-2027
12.5.7.2 Market Estimates & Forecast by Storage Technology, 2020-2027
12.5.7.3 Market Estimates & Forecast by Storage Type, 2020-2027
12.5.7.4 Market Estimates & Forecast by Deployment, 2020-2027
12.5.7.5 Market Estimates & Forecast by Organization Size, 2020-2027
12.5.7.6 Market Estimates & Forecast by Vertical, 2020-2027
12.5.8 Latin Countries
12.5.8.1 Market Estimates & Forecast, 2020-2027
12.5.8.2 Market Estimates & Forecast by Storage Technology, 2020-2027
12.5.8.3 Market Estimates & Forecast by Storage Type, 2020-2027
12.5.8.4 Market Estimates & Forecast by Deployment, 2020-2027
12.5.8.5 Market Estimates & Forecast by Organization Size, 2020-2027
12.5.8.6 Market Estimates & Forecast by Vertical, 2020-2027
13. Company Landscape
14. Company Profiles
14.1 Cisco Systems (U.S.)
14.1.1 Company Overview
14.1.2 Product/Business Segment Overview
14.1.3 Financial Updates
14.1.4 Key Developments
14.2 Dell Inc. (U.S.)
14.2.1 Company Overview
14.2.2 Product/Business Segment Overview
14.2.3 Financial Updates
14.2.4 Key Developments
14.3 Hitachi Ltd. (Japan)
14.3.1 Company Overview
14.3.2 Product/Business Segment Overview
14.3.3 Financial Updates
14.3.4 Key Developments
14.4 Seagate Technology (U.S.)
14.4.1 Company Overview
14.4.2 Product/Business Segment Overview
14.4.3 Financial Updates
14.4.4 Key Developments
14.5 NetApp (U.S.)
14.5.1 Company Overview
14.5.2 Product/Business Segment Overview
14.5.3 Financial Updates
14.5.4 Key Developments
14.6 Honeywell International (U.S.)
14.6.1 Company Overview
14.6.2 Product/Business Segment Overview
14.6.3 Financial Updates
14.6.4 Key Developments
14.7 Johnson Controls (U.S.)
14.7.1 Company Overview
14.7.2 Product/Business Segment Overview
14.7.3 Financial Updates
14.7.4 Key Developments
14.8 Fujitsu (Japan)
14.8.1 Company Overview
14.8.2 Product/Business Segment Overview
14.8.3 Financial Updates
14.8.4 Key Developments
14.9 Schneider Electric SE (France)
14.9.1 Company Overview
14.9.2 Product/Business Segment Overview
14.9.3 Financial Updates
14.9.4 Key Developments
14.10 Quantum Corporation (U.S.)
14.10.1 Company Overview
14.10.2 Product/Business Segment Overview
14.10.3 Financial Updates
14.10.4 Key Developments
15 Conclusion
LIST OF TABLES
Table 1 Global Video Surveillance Storage Market: By Region, 2020-2027
Table 2 North America Video Surveillance Storage Market: By Country, 2020-2027
Table 3 Europe Video Surveillance Storage Market: By Country, 2020-2027
Table 4 Asia Pacific Video Surveillance Storage Market: By Country, 2020-2027
Table 5 The Middle East & Africa Video Surveillance Storage Market: By Country, 2020-2027
Table 6 Latin America Video Surveillance Storage Market: By Country, 2020-2027
Table 7 Global Video Surveillance Storage by Storage Type Market: By Regions, 2020-2027
Table 8 North America Video Surveillance Storage by Storage Type Market: By Country, 2020-2027
Table 9 Europe Video Surveillance Storage by Storage Type Market: By Country, 2020-2027
Table10 Asia Pacific Video Surveillance Storage by Storage Type Market: By Country, 2020-2027
Table11 The Middle East & Africa Video Surveillance Storage by Storage Type Market: By Country, 2020-2027
Table12 Latin America Video Surveillance Storage by Storage Type Market: By Country, 2020-2027
Table13 Global Video Surveillance Storage by Service Model Market: By Regions, 2020-2027
Table14 North America Video Surveillance Storage by Service Model Market: By Country, 2020-2027
Table15 Europe Video Surveillance Storage by Service Model Market: By Country, 2020-2027
Table16 Asia Pacific Video Surveillance Storage by Service Model Market: By Country, 2020-2027
Table17 The Middle East & Africa Video Surveillance Storage by Service Model Market: By Country, 2020-2027
Table18 Latin America Video Surveillance Storage by Service Model Market: By Country, 2020-2027
Table19 North America Video Surveillance Storage Market: By Country, 2020-2027
Table20 Europe Video Surveillance Storage Market: By Country, 2020-2027
Table21 Asia Pacific Video Surveillance Storage Market: By Country, 2020-2027
Table22 The Middle East & Africa Video Surveillance Storage: By Country, 2020-2027
Table23 Latin America Video Surveillance Storage Market: By Country, 2020-2027
Table24 Global Storage Type Market: By Region, 2020-2027
Table25 North America Video Surveillance Storage Market, By Country
Table26 North America Video Surveillance Storage Market, By Storage Technology
Table27 North America Video Surveillance Storage Market, By Storage Type
Table28 North America Video Surveillance Storage Market, By Deployment
Table29 North America Video Surveillance Storage Market, By Organization Size
Table30 North America Video Surveillance Storage Market, By Vertical
Table31 Europe Video Surveillance Storage Market, By Country
Table32 Europe Video Surveillance Storage Market, By Storage Technology
Table33 Europe Video Surveillance Storage Market, By Storage Type
Table34 Europe Video Surveillance Storage Market, By Deployment
Table35 Europe Video Surveillance Storage Market, By Organization Size
Table36 Europe Video Surveillance Storage Market, By Vertical
Table37 Asia Pacific: Video Surveillance Storage Market, By Country
Table38 Asia Pacific Video Surveillance Storage Market, By Storage Technology
Table39 Asia Pacific Video Surveillance Storage Market, By Storage Type
Table40 Asia Pacific Video Surveillance Storage Market, By Deployment
Table41 Asia Pacific Video Surveillance Storage Market, By Organization Size
Table42 Asia Pacific Video Surveillance Storage Market, By Vertical
Table43 The Middle East & Africa: Video Surveillance Storage Market, By Country
Table44 The Middle East & Africa Video Surveillance Storage Market, By Storage Technology
Table45 The Middle East & Africa Video Surveillance Storage Market, By Storage Type
Table46 The Middle East & Africa Video Surveillance Storage Market, By Deployment
Table47 The Middle East & Africa Video Surveillance Storage Market, By Organization Size
Table48 The Middle East & Africa Video Surveillance Storage Market, By Vertical
Table49 Latin America: Video Surveillance Storage Market, By Country
Table50 Latin America Video Surveillance Storage Market, By Storage Technology
Table51 Latin America Video Surveillance Storage Market, By Storage Type
Table52 Latin America Video Surveillance Storage Market, By Deployment
Table53 Latin America Video Surveillance Storage Market, By Organization Size
Table54 Latin America Video Surveillance Storage Market, By Vertical
LIST OF FIGURES
FIGURE 1 Global Video Surveillance Storage Market segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis of Global Video Surveillance Storage Market
FIGURE 4 Value Chain of Global Video Surveillance Storage Market
FIGURE 5 Share of Global Video Surveillance Storage Market in 2020, by country (in %)
FIGURE 6 Global Video Surveillance Storage Market, 2020-2027,
FIGURE 7 Sub segments of Storage Type
FIGURE 8 Global Video Surveillance Storage Market size by Storage Technology, 2020
FIGURE 9 Share of Global Video Surveillance Storage Market by Storage Technology, 2020 TO 2027
FIGURE 10 Global Video Surveillance Storage Market size by Storage Type, 2020 TO 2027
FIGURE 11 Share of Global Video Surveillance Storage Market by Storage Type, 2020 TO 2027
FIGURE 12 Global Video Surveillance Storage Market size by Deployment, 2020 TO 2027
FIGURE 13 Share of Global Video Surveillance Storage Market by Deployment, 2020 TO 2027
FIGURE 14 Global Video Surveillance Storage Market size by Organization Size, 2020 TO 2027
FIGURE 15 Share of Global Video Surveillance Storage Market by Organization Size, 2020 TO 2027
FIGURE 16 Global Video Surveillance Storage Market size by Vertical, 2020 TO 2027
FIGURE 17 Share of Global Video Surveillance Storage Market by Vertical, 2020 TO 2027
$119.72 Billion
21.73%
North America
2021-2027
The CAGR for the video surveillance storage market is projected to be 25% during the years from 2017 to 2023. The value for the global video surveillance storage market was USD 7.5 billion in 2017. It should be USD 38 billion by 2023.
Many companies around the world are investing millions in installing video surveillance cameras in their offices. Most governments are also requiring companies in various industries to install video surveillance cameras. The intent is to increase the overall security levels in these companies.
Video Surveillance Storage Market COVID-19 Analysis
COVID-19 is the novel virus that has largely left public health officials, medical researchers, and government officials perplexed. While the virus acts like the viruses that cause the common cold and the flu, there are some key differences. These made the COVID-19 virus unique and somewhat feared. The virus caused some hospitalizations and a few deaths. But what made this virus seem eery was the fact that people who had made a full recovery could get a stronger strain of the virus a few months later. This was because the antibodies only lasted a few months.
Governments decided not to take COVID-19 lightly. They imposed nationwide lockdowns and quarantines in an attempt to contain its spread. These were not very effective and thus were temporary. The effects of the quarantines and lockdowns on most businesses around the world were far from temporary though. Most businesses - especially traditional ones - suffered. Some, however, thrived.
The companies in the global video surveillance storage market were among the few companies that actually prospered. There was a growing demand for video surveillance, especially as more and more people were working remotely.
Video Surveillance Storage Market Dynamics
Video surveillance cameras that were newly installed in stores and offices more than five years ago generated 566 petabytes of data every day. COVID-19 only accelerated this trend. These cameras are expected to generate more than 3500 petabytes of data every day two years from now.
This phenomenon is placing enormous demands on existing data storage facilities. Thus, companies are spending thousands on increasing the storage limits of existing data storage facilities.
What’s driving growth in the global video surveillance storage market is the fact that many public and private companies are growing increasingly concerned about the integrity and security of their data. Also, more people are using the Internet of Things (IoT) and this requires the usage of facilities that can store large volumes of data. Technologies are evolving in the data storage field. These new technologies are capable of storing volumes more data than previous technologies were. Another contributing factor is the fact that hard disk drives are coming down in price. Thus, they are much more affordable for the average enterprise.
Many companies in the global video surveillance storage market are enticed by the lucrativeness of the market and the higher CAGR in the industry. They are investing heavily in research and development to develop and market new generations of technologies that will allow data storage devices to store much more data in the future.
There are two factors that are restraining growth in the global video surveillance storage market. The first is the lack of awareness regarding the many benefits of this type of storage. The second is the lack of advancement with the latest technologies for the storage of video surveillance data.
There is one challenge for the global video surveillance storage market. It is a fact that even the most advanced storage technologies have limited storage capacities. Therefore, it’s difficult to store large quantities of data for too long.
NetApp is a major American player in the global video surveillance storage market. It is an industry leader because it invested heavily in research and development. Thus, it was able to develop the new generations of storage technologies that allowed it to develop a sustainable competitive advantage.
Video Surveillance Storage Market Segment Overview
By Storage Technology
The video surveillance storage market segments can be grouped into these sub-segments:
By Storage Type
The video surveillance storage market segment can be grouped into these sub-segments:
By Deployment
The video surveillance storage market segment can be grouped into the following sub-segments:
The on-premises sub-segment is expected to enjoy the largest market share for the time period that this report covers. The reason is that the storage devices on these premises are very flexible, can operate at the speed of light, are flexible, and are secure.
By Services
The video surveillance storage market segment can be grouped into the following sub-segments:
By Organization Size
This segment can be grouped into:
Larger companies are expected to enjoy the largest market share for the time period that this report covers. These companies tend to have large operations flung throughout many areas of the world. Therefore, they generate large quantities of data that must be stored somewhere.
By Vertical
This segment is grouped into:
The healthcare and pharmaceutical verticals are expected to register the highest CAGR for the time period that this report covers. The reason is that these sectors are especially vulnerable to drug-related crimes, patient outbursts, and gang violence. There has also been an increase in infant kidnappings and terrorist threats. These have prompted many organizations to use video surveillance cameras to monitor the public areas near them.
Video Surveillance Storage Market Regional Analysis
The global video surveillance storage market can be grouped into the following regions:
The North American region is expected to enjoy the largest market share for the time period that this report covers. The reasons for this are that more data is being created by increased video surveillance. Therefore, there is a greater need for devices to store all of this data. Most companies in this region operate in the cloud. Hence, there is a growing need to develop and use cloud-based storage systems with large storage capacities.
Most of the major and strategic companies in the global video surveillance storage market are located in this region. This is part of the reason why the North American region enjoys the largest market share. These companies are also starting to develop and use more technologically advanced solutions for storing video data and information.
Some popular video analytics being developed and used in this region include:
The Asia-Pacific region is expected to exhibit the highest CAGR for the time period that this report covers. The reason for this is that these nations are urbanizing and modernizing rapidly. Therefore, there is a greater need for VSS solutions that can store the increasing volumes of data that the video surveillance equipment generates both on the premises of major and minor organizations and in the cloud.
Part of what’s driving high growth rates in this region is the fact that major global companies in the video surveillance storage market are setting up operations to do business in the Asia-Pacific region.
Video Surveillance Storage Market Competitive Landscape
The global video surveillance storage market is highly fragmented. It’s also extremely competitive. There are some reasons for this. The first is that the market is lucrative and has a relatively high CAGR. The second is that there are relatively few barriers to entry into the industry. Thus, larger companies with bigger treasuries have no problem raising the financial, capital, and human resources needed to enter the market and become established players.
Companies are finding that they must invest heavily in research and development if they want to develop new products that they can market and sell at higher price points. Thus, they are able to develop the sustainable competitive advantage that they need to remain financially and economically viable and profitable.
When companies enter into strategic partnerships with other successful companies in the industry, they increase their resource bases - both financially and in terms of manpower. Thus, they are able to do the research and development necessary to create the sustainable competitive advantage that they’ll need to survive.
Companies find that mergers and acquisitions with other successful companies allow them to do the same things in the global video surveillance market that strategic partnerships do.
Cisco Systems is a major American company in the global video surveillance market. It has survived by investing heavily in research and development. Thus, it was able to become a successful global leader by creating a sustainable competitive advantage.
List of companies
Video Surveillance Market Recent developments
Video Surveillance Storage Market Report overview
The CAGR for the video surveillance storage market is projected to be 25% during the years from 2017 to 2023. The value for the global video surveillance storage industry was USD 7.5 billion in 2020. It should be USD 38 billion by 2023.
The North American region enjoys the largest market share but the Asia-Pacific region is urbanizing and modernizing rapidly. It enjoys the highest CAGR.
Report Attribute/Metric | Details |
---|---|
Market Size | USD 38 Billion (2017-2023) |
CAGR | 25% (2017-2023) |
Base Year | 2019 |
Forecast Period | 2020-2027 |
Historical Data | 2018 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | by Storage Technology, type of Storage |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Cisco Systems (U.S.), Dell (U.S.), Hitachi Ltd. (Japan), Seagate Technology LLC (U.S.), NetApp (U.S.), Robert Bosch GmbH (Germany), Honeywell International Inc. (U.S.), Avigilon Corporation (Canada), Schneider Electric SE (France). |
Key Market Opportunities |
|
Key Market Drivers | The developing safety concerns in public and enterprises and the rise of the internet of things are mostly driving the market. |
Frequently Asked Questions (FAQ) :
The developing safety concerns in public and enterprises and the rise of the internet of things are mostly driving the market.
Storage technology, type of storage, deployment, services, organization size, vertical are the segments.
The adoption of video surveillance in various enterprises and the need for storage facilities are motivating the market’s growth in this region.
USD 38 billion is the valuation of the Global Market for video surveillance storage.
Cisco Systems (U.S.), Dell (U.S.), Hitachi Ltd. (Japan) are the top 3 key players included in the study of global video surveillance storage market