Global Video Surveillance Storage Market is Expected to be USD 6.65 Billion in 2015

Date: 2015-10-19

Video surveillance storage market is gaining traction due to increasing adoption of the video surveillance cameras and systems for the safety and security of public, properties, and other valuable assets. This increasing adoption of video surveillance systems ultimately generates massive volume of data and is complementing the video surveillance storage market. The global video surveillance storage market is expected to be USD 6.65 billion in 2015 and is estimated to grow at a high Compound Annual Growth Rate (CAGR) during the forecast period.

This report provides detailed insights into the video surveillance storage market split across five major regions such as North America, Europe, Asia-Pacific, Middle East Africa, and Latin America. The report broadly comprises video surveillance storage market based on the types of storage technologies, storage media, deployment models, services, verticals, and regions. The storage technologies include Storage Area Network (SAN), Direct Attached Storage (DAS), and Network Attached Storage (NAS). SAN is further segmented into Fibre Channel (FC) SAN, Internet Small Computer System Interface (iSCSI) SAN, and Fibre Channel over Ethernet (FCoE). The market is further classified into types of storage media, such as Hard Disk Drives (HDDs) and Solid State Drives (SSDs). Types of deployment models include on-premise and on cloud storage. Services with these solutions include system integration, consulting and design, and maintenance and support services. The market is also segmented on the basis of verticals into government and defense, education, BFSI, retail, utilities, healthcare, home security, and others. The BFSI sector is expected to hold the largest market share during the forecast period. The education, retail, and home security verticals show great opportunities in this space.

storage market as major vendors are aggressively investing and rigorously working towards building innovative and cost-effective storage solutions. The global video surveillance storage vendors include Cisco Systems, Dell, EMC Corporation, Hitachi, Seagate Technology, NetApp, Robert Bosch GmbH, Honeywell International, Avigilon Corporation, and Pelco by Schneider Electric. The report contains competitive landscape of top ten players in this market and studies new product launches, partnerships, collaborations, acquisition, and the major strategies adopted by these players to achieve growth in the video surveillance storage market.

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