Global Information would like to present a new market research report, "The World Market for Enterprise and IP storage used for video surveillance - 2010 Edition" by IMS Research.
Enterprise and IP storage for video surveillance market to see rapid growth
According to IMS Research: "The video surveillance industry is experiencing an exciting technology transition." Despite the tough economic conditions in recent times, the enterprise and IP storage market is "set to grow rapidly for the foreseeable future." The world market for enterprise and IP storage used for video surveillance is projected to exceed $2.5 billion in 2013. In terms of capacity, the global market for enterprise and IP storage used for video surveillance is forecasted to surpass 3.2 exabytes in 2013. The trend characterizing the evolving enterprise and IP storage world market is that older, analogue CCTV is being replaced with network video surveillance equipment. End-users are choosing to improve camera resolution as they upgrade their existing systems or install new video surveillance systems. In turn, DVR storage will prove to be insufficient as video surveillance moves onto the network and camera start producing more data.
30% of total world market for enterprise and IP storage for video surveillance will be found in Asia
In terms of revenue, Asia is projected to make up 30% of the total world market for enterprise and IP storage used for video surveillance in 2013. Furthermore, the fastest growing vertical market between 2008 and 2013 is forecasted to be Education. Additionally, Horizontal storage platforms will provide nearly 50% of the enterprise and IP storage market used for video surveillance by 2013. IMS Research provides storage suppliers with a comprehensive and up-to-date assessment of world market for enterprise and IP storage used in video surveillance.