Video Surveillance Storage (VSS) system helps in managing tens-of-petabytes of data of the video. The system can easily overcome the challenges pertinent to the surveillance data throughput, data retention, and data retrieval. The defense services are heavily investing in Video Surveillance Storage systems to monitor terrorist attacks. Moreover, smart cities have also adopted Video Surveillance Storage systems to prevent thefts and overcome other security concerns. Moreover, the importance of an Artificial Intelligence embedded video surveillance system is increased and is installed to accurately assess real-time data. The trend in IoT solutions is increased thereby boosting the video surveillance storage market. —
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Also, large enterprises are adopting Video Surveillance Storage solutions to monitor the office space and more which is driving the Video Surveillance Storage market. Many enterprises are spread across many geographies and their customer base is also very high and thus these enterprises need surveillance systems that could monitor their organizations round the clock with high-resolution cameras deployed. The cameras need huge storage space to store the footage for examining and investigating in the future. Thus, the enterprises adopt Video Surveillance Storage solutions that store huge data. The rising demand for real-time tracking in the field like the law is boosting the Video Surveillance Storage market.
However, there is a lack of standardization in many enterprises. Also, the initial costs involved in the video surveillance system are very high which prevents small enterprises from adopting the system. Moreover, risks involved in vendor lock-in prevent end-users from installing other vendor platforms. These factors are anticipated to hamper the Video Surveillance Storage market.
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The major players dominating the Video Surveillance Storage market are CP PLUS (Germany), Pelco (US), Genetec (Canada), AMAX (US), Thomas Krenn (Germany), Qognify (US), Uniview (China), Hikvision (China), Toshiba (Japan)., ADATA (Taiwan), D-Link (Taiwan), Schneider Electric (France), Quantum (US), Seagate (US), Bosch (Germany), NetApp (US), Avigilon (Canada), Honeywell (US), Dell EMC (US), Hitachi (Japan), Cisco (US) among others.
The major players of the global video surveillance storage market are Cisco, Hitachi, Dell, Honeywell, Avigilon, NetApp, Bosch, Seagate, Quantum, and Schneider Electric.
Segment Overview of Global Internet of Video Surveillance Storage Market
Storage Technology Overview, 2018-2025 (USD Billion)
• Storage Area Network
• Network Attached Storage
• Direct Attached Storage
• Video Recorders
Storage Media Overview, 2018-2025 (USD Billion)
• Hard Disk Drives (HDD)
• Solid Disk Drives (SDD)
Applications Overview, 2018-2025 (USD Billion)
• City Surveillance
Regional Overview, 2018-2025 (USD Billion)
• North America
o Rest of Europe
• Asia Pacific
o Rest of Asia-Pacific
• Middle East and Africa
o South Africa
o Rest of Middle East and Africa
• South America
o Rest of South America
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