The research study conducted by Report Ocean on the “ Video Surveillance Storage Market ” spans over 100+ pages and delves into various facets of this market. It analyses the business strategies adopted by emerging industry players, examines the geographical scope, dissects market segments, evaluates the product landscape, and investigates price and cost structures. This research report facilitates market segmentation based on the latest Market trends, geographical market, and technological advancements. Each section of the report is meticulously prepared to scrutinize key aspects of the market. Moreover, it includes a detailed analysis of current applications, comparing them while focusing on opportunities, threats, and conducting a competitive analysis of major companies.
Global Video Surveillance Storage Market is valued approximately USD 7.6 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 18 % over the forecast period 2019-2026. Video surveillance storage is the method of storing real-time video data generated by surveillance cameras on storage devices. The data can then be recovered in the future for investigation of any event or actions which can be treated as an evidence for a situation in either file or block format. Video surveillance systems are used for campus safety , , airport safety, hospital and patient safety, stadium safety and police safety among others. Furthermore, video surveillance cameras are utilized to capture substantial amounts of information requiring scaling of network bandwidth and storage capacity. Usage of video surveillance in organizations across each vertical is growing, mounting up new challenges related to handling surveillance systems and storing the exponentially increasing volume of raw video footage.
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Numerous large enterprises use more than 100 cameras on an average, which function 24*7 around the clock collecting feed. Hence with the number of surveillance cameras increasing and the worth of video analytics projected to grow, so is the need for video surveillance storage. As the number of video surveillance cameras shipped globally in 2006 was 10 million and it crossed over 100 million in 2016 and 130 million in 2018. Furthermore, the increasing demand for IP cameras and video surveillance and storage for the safety of the public places is increasing. As the number of crimes and attacks are increasing across the world. This propels the government to install CCTVs in most of the public places for the security and safety of the population. The Storage of these video surveillance also aids in determining the culprit of the attack. Hence fueling the market for Video Surveillance Storage market. However, low awareness regarding video surveillance and latest storage technologies impedes the growth of the market over the forecast period of 2020-2026. Although, rise of internet of things and adoption of Cloud based services present an opportunistic market for the Video Surveillance storage.
The regional analysis of global Video Surveillance Storage market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increasing surveillance data and need for cloud-based storage solutions. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as adoption of video surveillance across various enterprises and the need for storage facilities along with video analytics such as motion detection, object detection and various tools would create lucrative growth prospects for the Video Surveillance Storage market across Asia-Pacific region.
Major market player included in this report are:
Cisco Systems Inc (US)
Hitachi Ltd. (Japan)
Dell (US)
Honeywell International Inc (US)
Avigilon (Canada)
NetApp Inc. (US)
Robert Bosch GmbH (Germany)
Seagate Technology PLC (US)
Quantum Corporation (US)
Schneider Electric SE (France)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Products:
Storage Area Network (SAN)
Network Attached Storage (NAS)
Direct Attached Storage (DAS)
Video Recorders
By Storage Media:
Hard Disk Drive (HDD)
Solid State Drive (SSD)
By Deployment modes:
Cloud
On-premises
By Application:
Commercial
Defence/Military
City Surveillance
Industrial
By Verticals:
Government and Defence
Education
Banking, Financial Services, and Insurance (BFSI)
Manufacturing,
Energy and Utilities
Transportation and Logistics
Healthcare and Pharmaceutical
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Key Questions Answered in the Market Report:
• How did the COVID-19 pandemic have an impact on the adoption of via a range of pharmaceutical and existence sciences companies?
• What is the outlook for the affect market all through the forecast length 2023-2032?
• What are the key developments influencing the have an impact on market? How will they have an impact on the market in short-, mid-, and long-term duration?
• What is the give up person appreciation toward?
• What are the key elements impacting the have an effect on market? What will be there have an impact on in short-, mid-, and long-term duration?
• What are the key possibilities areas in the influence market? What is their workable in short-, mid-, and long-term duration?
• What are the key techniques adopted via groups in the have an effect on market?
• What are the key utility areas of the influence market? Which utility is predicted to keep the very best increase attainable all through the forecast duration 2023-2033?
• What is the favoured deployment mannequin for the impact? What is the boom conceivable of quite a number deployment fashions existing in the market?
• Who are the key cease customers of pharmaceutical quality? What is their respective share in the affect market?
• Which regional market is predicted to maintain the easiest boom possible in the have an impact on market at some stage in the forecast length 2023-2032?
• Which are the key gamers in the have an impact on market?
Growth Hampering Factors in the Market:
- Environmental regulations: Stricter environmental regulations on the production and use of fossil fuels can limit the availability and use of traditional market.
- Safety concerns: Safety concerns regarding the storage and transportation of can limit their use.
- Supply chain disruptions: Disruptions in the global supply chain due to natural disasters, pandemics, or other factors can impact the availability and cost of market.
- Security concerns: Security concerns regarding the transportation and storage of market can limit their use and availability.
- Technological obsolescence: Advances in technology can make existing systems obsolete, leading to reduced demand.
- Competition from alternative fuels: The development of alternative fuels such as biofuels and hydrogen-based fuels can compete with traditional market.
- Volatility in oil prices: Fluctuations in oil prices can affect the cost of market, making it difficult for industry players to predict and plan for costs.
- Economic downturns: Economic downturns can result in reduced demand for air travel and air cargo transportation, leading to a reduction in demand for market.
- Geopolitical tensions: Political instability and tensions between nations can impact the global supply chain for market, leading to supply disruptions and price fluctuations.
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