Video Surveillance Storage System Market Report 2024 (Global Edition)

Global Video Surveillance Storage System Market Report 2024 Market Size Split by Products (Storage Area Network (SAN), Network Attached Storage (NAS), Direct Attached Storage (DAS), Video Recorders), ...

Video Surveillance Storage System Market Report Description

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Video Surveillance Storage System Market Insights Video

Competitive Landscape of the Video Surveillance Storage System Market

The Video Surveillance Storage System market has a very active and diverse competitive environment. The company focuses on product innovation, strategic partnerships, and mergers & acquisitions to maintain its market share. Additionally, emerging players like Seagate Technology and Western Digital are gaining traction with advanced storage solutions. The increasing demand for high-definition video storage drives the market, coupled with the growing need for enhanced security measures across various industries worldwide.

Video Surveillance Storage System Industry News:

• In May 2019, NetApp launched NetAppONTAP 9.6. NetApp ONTAP 9.6 is a cloud-based flash solution. ONTAP is capable of storing high-quality video surveillance footage.

(Source: docs.netapp.com/us-en/cloud-volumes-ontap-96-relnotes/reference-new.html#9-6-p8-2-june-2020)

• In March 2019, Seagate launched the SeagateSkyHawk 14 TB hard drive. The Seagate SkyHawk 14 TB hard drive is designed for network video recorders. An Al model is offered with the Seagate SkyHawk 14 TB hard drive for supporting frame recognition streams.

(Source: www.seagate.com/in/en/products/surveillance-drives/skyhawk-hard-drive/)

Top Companies Market Share in Video Surveillance Storage System Industry: (In no particular order of Rank)

• BCD
• Cisco Systems Inc
• Hitachi Ltd
• Dell Inc
• Honeywell International Inc
• Avigilon (Motorola Solutions Inc)
• NetApp Inc
• Robert Bosch GmbH
• Seagate Technology Holdings plc
• Quantum Corporation
• Schneider Electric SE
• Fujitsu Limited
• Western Digital Technologies Inc
• Cloudian Inc
• ADATA Technology Co Ltd
• Toshiba Corporation
• D-Link Corporation
• Spectra Logic (US)
• Micron Technology (US)
• Nexsan (US)
• RAIDIX (Switzerland)
• Infortrend (Taiwan)
• Rasilient System (US)
• Intransa (US)
• PIVOT3 (US)
• IDIS (South Korea)
• AXIS Communications (Sweden)
• VIVOTEK (Taiwan)
• Milesight (US)
• Secure Logiq (UK)
• Promise Technology (US)
• Hikvision (China)
• Uniview (China)
• Qognify (US)
• Thomas Krenn (Germany)
• AMAX (US)
• Genetec (Canada)
• Pelco (US)
• CP PLUS (Germany)
• Confidential Data
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

In terms of revenue, North America Video Surveillance Storage System Market share was 36% of the total market

According to Cognitive Market Research, North America dominated the market in 2023 and accounted for a share of more than 36% of the global revenue due to several variables. The global Video surveillance storage system market has been experiencing significant growth, with North America emerging as the largest region in terms of market share. It is primarily attributed to the high adoption rate of advanced surveillance technologies and the presence of numerous key players in the area. The robust demand for video surveillance solutions across various industries, including government, retail, and transportation, has been a critical driver for North America's market growth.

On the other hand, Europe has shown impressive growth rates in the Video surveillance storage system market, making it the fastest-growing region. It can be attributed to several factors, including increasing security concerns, rising infrastructure investments, and stringent security and surveillance regulations. Additionally, the European market has witnessed a surge in demand for intelligent video analytics and cloud-based storage solutions, further fueling the market growth in this region.

The current report Scope analyzes Video Surveillance Storage System Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Video Surveillance Storage System Market

North America  Video Surveillance Storage System Market Analysis:

According to Cognitive Market Research, North America dominated the market in 2023 and accounted for a share of more than 36% of the global revenue due to several variables.North America's video surveillance storage system market is robust and driven by rising security concerns and technological advancements. The region is witnessing a steady adoption of advanced video analytics, cloud-based storage solutions, and integration with loT devices.Cloud-based storage solutions have emerged as a pivotal segment in North America's Video Surveillance Storage System market. The demand for scalable, cost-effective storage options drives the adoption of cloud-based solutions, allowing for remote access, real-time monitoring, and efficient data management. Providers like Amazon Web Services (AWS) and Microsoft Azure are prominent players in this segment. North America's Video Surveillance Storage System market showcases a dynamic landscape, with cloud-based storage solutions standing out as a pivotal segment. As the region prioritizes security and embraces technological innovation, this market is poised for sustained growth.

Europe Video Surveillance Storage System Market

Europe Weighing Scales Market Analysis:

According to Cognitive Market Research, Europe accounted for a share of more than 32% of the global revenue due to several variables. In the European region, the Video Surveillance Storage System market has witnessed steady growth driven by the increasing adoption of advanced surveillance technologies in both public and private sectors. The demand is further fueled by rising concerns for security and safety, coupled with stringent government regulations mandating the deployment ofsurveillance systems.The Network Attached Storage (NAS) segment is prominent in the European market. NAS systems seamlessly integrate with existing networks, providing scalable and cost-effective storage solutions. The European Video Surveillance Storage System market is poised for sustained growth, driven by technological advancements and increasing security concerns. With its adaptability and cost-effectiveness, the NAS segment is expected to maintain a strong foothold in the market. As the adoption of surveillance systems continues to rise, providers are likely to focus on innovation and customization to cater to diverse industry needs, ensuring a promising outlook for the market in the foreseeable future.

Asia Pacific Video Surveillance Storage System Market

Asia Pacific Video Surveillance Storage System Market Analysis:

According to Cognitive Market Research, Asia-Pacific accounted for a share of more than 24% of the global revenue due to several variables. The Asia Pacific, Video Surveillance Storage System market has grown robust due to rapid urbanization and increasing security concerns. The region is characterized by burgeoning economies, such as China and India, significantly contributing to market expansion. The demand for advanced surveillance solutions has been bolstered by rising awareness regarding the benefits of video analytics and real-time monitoring. NAS solutions seamlessly integrate with existing surveillance infrastructure, providing scalable and cost-effective storage options. In conclusion, the Asia Pacific Video Surveillance Storage System market is experiencing substantial growth, primarily driven by the increasing need for advanced security solutions. Among the key segments, Network Attached Storage (NAS) stands out for its adaptability and cost-effectiveness, making it a prominent choice in the region's surveillance landscape.

South America Video Surveillance Storage System

South America Video Surveillance Storage System Market Analysis:

According to Cognitive Market Research, South America accounted for a share of more than 5% of the global revenue due to several variables. The Latin American Video Surveillance Storage System market has grown steadily. Factors such as rising security concerns, urbanization, and technological advancements have propelled the demand for these systems. Network Attached Storage (NAS) solutions have gained prominence among the segments. NAS systems offer cost-effective and scalable storage options, making them popular for small to medium-sized installations. With the increasing adoption of IP-based cameras, the demand for NAS solutions is anticipated to surge further.Latin America's Video Surveillance Storage System market exhibitspromising prospects, driven by urban expansion and heightened security awareness. NAS solutions, in particular, are poised to play an essential role in the market's growth trajectory. The region will witness a sustained demand for advanced video surveillance storage solutions as technology evolves.

Middle East and Africa Video Surveillance Storage System Market

Middle East and Africa Video Surveillance Storage System Market Analysis:

According to Cognitive Market Research, the Middle East and Africa accounted for a share of more than 3.00% of the global revenue due to several variables. The Middle East and Africa (MEA) Video surveillance storage system market has grown steadily due to increased security concerns and technological advancements. The region's unique geopolitical landscape and rising urbanization have driven the demand for robust surveillance solutions.Cloud-based solutions are a pivotal segment in MEA's video surveillance storage market. The adoption of cloud technology has witnessed significant traction due to its scalability, cost-effectiveness, and remote accessibility. This trend is especially prominent in urban centers where businesses and governments seek to enhance real-time monitoring capabilities.In conclusion, the MEA video surveillance storage system market is poised for substantial growth, with cloud-based storage emerging as a critical driver. As urbanization and security concerns persist, the demand for innovative, scalable, and reliable storage solutions is expected to rise, making the region a lucrative market for video surveillance technology providers.

Video Surveillance Storage System Market Analysis

Video Surveillance Storage System Products Segment Analysis

Their high-performance, dedicated storage networks characterize SAN-based video surveillance storage systems. They employ specialized hardware and software configurations to provide a robust and scalable storage solution. SANs are well-suited for large-scale video surveillance setups, such as those in enterprises or critical infrastructure, where high-speed data access and fault tolerance are crucial. Using Fibre Channel or iSCSI protocols ensures rapid data transfer rates, making SAN an optimal choice for applications demanding real-time monitoring and retrieval.

On the other hand, NAS-based video surveillance storage systems leverage existing IP networks to deliver a cost-effective and easy-to-manage storage solution. NAS systems are file servers optimized for data sharing, offering simplified access and management through standard network protocols like NFS or SMB/CIFS. They are suitable for mid-sized installations or situations where simplicity and versatility in data retrieval are paramount.

• Storage Area Network (SAN)
• Network Attached Storage (NAS)
• Direct Attached Storage (DAS)
• Video Recorders

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Video Surveillance Storage System Industry. Request a Free Sample PDF!

Video Surveillance Storage System Application Segment Analysis

In the commercial sector, video surveillance storage systems are extensively used in various industries and establishments. Retail spaces, banking institutions, hospitality, transportation hubs, and educational institutions are among the key users. These systems play a pivotal role in enhancing security, preventing theft, monitoring customer behavior, and facilitating investigations. Additionally, in the era of data-driven decision-making, businesses utilize video analytics integrated with storage systems to extract valuable insights for operational improvements and marketing strategies.

On the other hand, the defense sector represents a critical application area for video surveillance storage systems. These systems are an integral security infrastructure component for military bases, government installations, and necessary infrastructure facilities in defense applications. They play a pivotal role in monitoring perimeters, controlling access points, and providing evidentiary support in the event of security breaches or incidents. Furthermore, integrating advanced technologies like thermal imaging and facial recognition enhances the effectiveness of these systems in defense applications.

• Commercial
• Defense/Military
• City Surveillance
• Industrial

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Video Surveillance Storage System Storage Media Segment Analysis

HDDs have traditionally dominated this market due to their cost-effectiveness and high storage capacity. They utilize magnetic storage technology and offer substantial storage space at a relatively lower cost per gigabyte compared to SSDs. It makes them a popular choice for applications where cost efficiency is a primary concern, especially in large-scale surveillance setups that require extensive storage capabilities.

On the other hand, SSDs are gaining momentum in the Video surveillance storage system market due to their superior performance characteristics. They rely on flash memory technology, enabling faster read and write speeds, crucial for handling high-definition video streams and real-time analytics. SSDs are also more robust and durable, as they lack moving parts, making them better suited for environments with shock and vibration concerns. However, SSDs are generally more expensive per gigabyte than HDDs, which may influence purchasing decisions.

• Hard Disk Drive (HDD)
• Solid State Drive (SSD)

Video Surveillance Storage System Deployment Modes Segment Analysis

On-premises video surveillance storage involves the use of local servers and storage devices within an organization's physical premises. This mode grants businesses direct control over their data, ensuring compliance with security and privacy policies. It is well-suited for organizations with sensitive data or strict regulatory requirements. On-premises solutions may require a significant upfront investment in hardware and infrastructure but can lower long-term operational costs.

There has been a growing shift towards cloud-based solutions in recent years due to their scalability, flexibility, and accessibility advantages. The cloud model allows easier integration with other cloud-based services and technologies, fostering a more connected and efficient ecosystem. However, on-premises solutions remain crucial for industries where data sovereignty and compliance are paramount.

• Cloud
• On-premises

Video Surveillance Storage System Enterprise Size Modes Segment Analysis

Medium-sized enterprises strike a balance between small businesses and large corporations in terms of scale, employee count, and operational complexity. They may have moderately sized facilities and more complex security needs. Video surveillance storage systems for medium enterprises often offer a blend of scalability, advanced features, and cost-effectiveness. These systems should be capable of handling higher data volumes and provide additional features like advanced analytics, centralized management, and integration with other security systems.

Large enterprises are characterized by extensive operations, numerous employees, and sprawling physical infrastructure. They require robust video surveillance storage systems capable of handling massive amounts of data from multiple high-resolution cameras. These systems must be highly scalable, fault-tolerant, and capable of advanced data management and analytics. Integration with existing IT infrastructure and compatibility with various camera types and models are crucial considerations for this segment.

• Small and Medium-sized Enterprises (SMEs)
• Large Enterprises

Video Surveillance Storage System Verticals Size Modes Segment Analysis

The government and defense segments constitute a critical market share for video surveillance storage systems. Governments increasingly invest in advanced surveillance technology to enhance national security and public safety. Defense establishments are also deploying these systems to safeguard sensitive military installations. These applications require robust storage solutions to handle vast, high-resolution video data. Additionally, the integration of analytics for threat detection further drives the demand for sophisticated storage solutions to the specific needs of this sector.

The Education sector represents another substantial vertical within the Video Surveillance Storage System market. Educational institutions, from K-12 schools to universities, are leveraging surveillance technology to ensure students, faculty, and staff safety and security. Video footage helps monitor premises, identify potential threats, and investigate incidents. As the adoption of surveillance systems in educational institutions continues to rise, the demand for efficient and reliable storage solutions to store and manage the generated video data is escalating.

• Government and Defense
• Education
• Banking Financial Services and Insurance (BFSI)
• Manufacturing Energy and Utilities
• Media and Entertainment
• Retail
• Transportation and Logistics
• Healthcare and Pharmaceutical
• Others (IT and telecommunications legal and construction)

Author's Detail

Kalyani Raje

Senior Research Analyst at Cognitive Market Research

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ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje

An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.

Author's Conclusion