Video Surveillance Storage Market Size Worth USD 39.5 Billion by 2031

The video surveillance storage market size was valued at $12.3 billion in 2021, and is estimated to reach $39.5 billion by 2031, growing at a CAGR of 12.3% from 2022 to 2031.

Video surveillance storage is the process of storing real-time video data produced by surveillance cameras on a storage device. The data can then be retrieved at a later stage to examine the event or action as evidence of the state in file or block form. Video surveillance systems are used for campus safety, hospital and patient safety, stadium safety, airport safety, and police safety.

Request Sample PDF Report at: https://www.alliedmarketresearch.com/request-sample/27442

Video surveillance cameras are used to capture large amounts of information that require scaling of network bandwidth and storage capacity. Furthermore, 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 Video Surveillance Storage Market Trends. Furthermore, increase adoption of emerging technologies such as cloud computing and IoT as well as increases 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 innovation and budget constraints hampers the market growth.

Depending on organization size, the large enterprises dominated the video surveillance storage market share in 2021, and is expected to continue this trend during the forecast period due to increase in adoption of video surveillance storage in large enterprises to operate business safely and securely. However, the SMEs segment is expected to register highest growth rate in the upcoming years, owing to increase in usage of video surveillance storage solutions by SMEs globally.

Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/27442

Region wise, the video surveillance storage industry was dominated by North America in 2021 and is expected to retain its position during the forecast period owing to rise in usage of video surveillance storage in government, commercial, residential and industrial sector for security purposes.

The global COVID-19 pandemic has positively impacted adoption of video surveillance storage system, owing to lockdowns imposed by governments of different countries. Moreover, post COVID-19 situation, companies are focusing on emerging technology such as AI, cloud computing, Internet of Things (IoT), data analytics, and edge-based solutions that reduce processing time and resource-efficient across industries such as BFSI, healthcare, and government to perform contactless operation. Thus, drive adoption of the video surveillance storage market globally.

If you have any special requirements, please let us know: https://www.alliedmarketresearch.com/request-for-customization/27442

The key players that operate in the video surveillance storage market analysis are 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 players have adopted various strategies to increase their market penetration and strengthen their position in the video surveillance storage industry.

Procure Complete Report (320 Pages PDF with Insights, Charts, Tables, and Figures) at: https://bit.ly/41CGixM

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

Contact:                                                               
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter

Leave a comment

Your email address will not be published. Required fields are marked *