The North America Video Surveillance Storage Market should witness market growth of 11.0% CAGR during the forecast period (2022-2028).
Storage capacity is one of the many factors that affect the value of a surveillance network video recorder (NVR) system that can be both important and readily misunderstood. Due to this, the market players are developing storage technologies that are cost-effective. Government laws regarding the installation of video surveillance equipment in specific public locations has further supported the deployment of video surveillance systems.
Scalability and searchability, the two most important issues facing the video surveillance business, are addressed by video surveillance storage solutions. In addition to being able to store the growing amount of video data due to its ability to scale to hundreds of petabytes, storage technology also enables fine-grain searchability of this vast amount of video as well as audio data by making use of embedded metadata.
Many American cities, including some of the most populous, are heavily monitored. Closed-circuit television (CCTV) cameras are used for a variety of things, including traffic monitoring and crime prevention. However, with ever-higher resolutions, more remote access to live video broadcasts, and the use of tools like facial recognition. the investigation & security services sector is expected to experience faster-than-average growth in the North America region shortly. Employment in the security systems services sector will increase as there is a greater need for security equipment to be deployed in homes and businesses. As a result of this wide adoption of surveillance systems, the need for video surveillance storage solutions would grow.
The US market dominated the North America Services Market by Country in 2021; thereby, achieving a market value of $1,624.9 million by 2028. The Canada market is expected to witness a CAGR of 14.6% during (2022-2028). Additionally, The Mexico market is expected to witness a CAGR of 13.7% during (2022-2028).
Based on Storage Media, the market is segmented into Hard Disk Drive (HDD) and Solid State Drive (SSD). Based on Component, the market is segmented into Hardware, Software and Services. Based on Hardware Type, the market is segmented into Storage Area Network (SAN), Network Attached Storage (NAS), Direct Attached Storage (DAS) and Video Recorders. Based on Software Type, the market is segmented into Video Management Software and Video Analytics. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on Vertical, the market is segmented into Government & Defense, Retail, Education, BFSI, Healthcare & Life Sciences, Manufacturing, Media & Entertainment, Travel & Hospitality and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Microsoft Corporation, Intel Corporation, McAfee Corp., Palo Alto Networks, Inc., RSA Security LLC (Symphony Technology Group), Broadcom, Inc. (Symantec Corporation), Crowdstrike Holdings, Inc., Trend Micro, Inc. and NetApp, Inc.
Storage capacity is one of the many factors that affect the value of a surveillance network video recorder (NVR) system that can be both important and readily misunderstood. Due to this, the market players are developing storage technologies that are cost-effective. Government laws regarding the installation of video surveillance equipment in specific public locations has further supported the deployment of video surveillance systems.
Scalability and searchability, the two most important issues facing the video surveillance business, are addressed by video surveillance storage solutions. In addition to being able to store the growing amount of video data due to its ability to scale to hundreds of petabytes, storage technology also enables fine-grain searchability of this vast amount of video as well as audio data by making use of embedded metadata.
Many American cities, including some of the most populous, are heavily monitored. Closed-circuit television (CCTV) cameras are used for a variety of things, including traffic monitoring and crime prevention. However, with ever-higher resolutions, more remote access to live video broadcasts, and the use of tools like facial recognition. the investigation & security services sector is expected to experience faster-than-average growth in the North America region shortly. Employment in the security systems services sector will increase as there is a greater need for security equipment to be deployed in homes and businesses. As a result of this wide adoption of surveillance systems, the need for video surveillance storage solutions would grow.
The US market dominated the North America Services Market by Country in 2021; thereby, achieving a market value of $1,624.9 million by 2028. The Canada market is expected to witness a CAGR of 14.6% during (2022-2028). Additionally, The Mexico market is expected to witness a CAGR of 13.7% during (2022-2028).
Based on Storage Media, the market is segmented into Hard Disk Drive (HDD) and Solid State Drive (SSD). Based on Component, the market is segmented into Hardware, Software and Services. Based on Hardware Type, the market is segmented into Storage Area Network (SAN), Network Attached Storage (NAS), Direct Attached Storage (DAS) and Video Recorders. Based on Software Type, the market is segmented into Video Management Software and Video Analytics. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on Vertical, the market is segmented into Government & Defense, Retail, Education, BFSI, Healthcare & Life Sciences, Manufacturing, Media & Entertainment, Travel & Hospitality and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Microsoft Corporation, Intel Corporation, McAfee Corp., Palo Alto Networks, Inc., RSA Security LLC (Symphony Technology Group), Broadcom, Inc. (Symantec Corporation), Crowdstrike Holdings, Inc., Trend Micro, Inc. and NetApp, Inc.
Scope of the Study
By Storage Media
- Hard Disk Drive (HDD)
- Solid State Drive (SSD)
By Component
- Hardware
- Storage Area Network (SAN)
- Network Attached Storage (NAS)
- Direct Attached Storage (DAS)
- Video Recorders
- Software
- Video Management Software
- Video Analytics
- Services
By Organization Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
By Vertical
- Government & Defense
- Retail
- Education
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Media & Entertainment
- Travel & Hospitality
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Cisco Systems, Inc.
- Microsoft Corporation
- Intel Corporation
- McAfee Corp.
- Palo Alto Networks, Inc.
- RSA Security LLC (Symphony Technology Group)
- Broadcom, Inc. (Symantec Corporation)
- Crowdstrike Holdings, Inc.
- Trend Micro, Inc.
- NetApp, Inc.
Unique Offerings
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- The highest number of market tables and figures
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. North America Video Surveillance Storage Market by Storage Media
Chapter 5. North America Video Surveillance Storage Market by Component
Chapter 6. North America Video Surveillance Storage Market by Organization Size
Chapter 7. North America Video Surveillance Storage Market by Vertical
Chapter 8. North America Video Surveillance Storage Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Cisco Systems, Inc.
- Microsoft Corporation
- Intel Corporation
- McAfee Corp.
- Palo Alto Networks, Inc.
- RSA Security LLC (Symphony Technology Group)
- Broadcom, Inc. (Symantec Corporation)
- Crowdstrike Holdings, Inc.
- Trend Micro, Inc.
- NetApp, Inc.
Methodology
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