PUBLISHER: Allied Market Research | PRODUCT CODE: 1179760
PUBLISHER: Allied Market Research | PRODUCT CODE: 1179760
The video surveillance storage (VSS) is used to store large amounts of data obtained by surveillance cameras on storage devices. Moreover, video surveillance hardware has also improved tremendously due to integration of advanced technologies such as IoT and analytics. Moreover, cameras now connect to storage and analytic systems using a company's existing internet protocol (IP) network over wired and wireless connections. This significantly broadens the range of video surveillance solutions in the industries and decreases the cost of latest deployments by enabling cameras to be positioned at any location where network connectivity is available. Furthermore, many enterprises across the globe are investing millions in installing video surveillance cameras in their work places. Furthermore, governments for security issues have instructed businesses in various sectors to install video surveillance cameras.
Factors such as rise in demand for highly efficient and AI vision-based surveillance systems, drive the growth of the market. In addition, the proliferation of AI edge computing and analytics for security purposes and the rise of the 'as a service' business model further drive the growth of the market. Furthermore, increase adoption of emerging technologies such as cloud computing and IoT as well as increased focus on the responsible and ethical use of technology are expected to provide lucrative growth opportunities for the market in the upcoming years. However, security issue over cloud-based storage and high cost of implementation of video surveillance storage solutions hamper the market growth.
The video surveillance storage market is segmented on the basis of component, storage media, organization size, industry vertical, and region. By component, it is divided into hardware, software and services. By storage media, it is segregated into hard disk drive (HDD) and solid state drive (SSD). By organization size, it is categorized into SMEs and large enterprises. By industry vertical, it is classified into BFSI, retail, manufacturing, healthcare & pharmaceutical, government & defense, education, media and entertainment, transportation and logistics and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The market players operating in the video surveillance storage market, which includes Carbon Black Inc., Cisco Systems, Inc., Crowdstrike Inc., Intel Corporation, McAfee, LLC, Microsoft Corporation, Palo Alto Networks, Inc., RSA Security LLC., Symantec Corporation, and Trend Micro Incorporated. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, which drive the growth of the video surveillance storage market globally.
Key Benefits For Stakeholders
By Component
By Storage Media
By Enterprise Size
By Industry Vertical
By Region