The North America Cloud Video Storage Market would witness market growth of 16.7% CAGR during the forecast period (2024-2031).
The US market dominated the North America Cloud Video Storage Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $8,635.4 million by 2031. The Canada market is experiencing a CAGR of 19% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 18.3% during (2024 - 2031).
Cloud video storage refers to the practice of storing video files in remote servers that are accessed over the internet. This method offers several advantages over traditional on-premises storage solutions, such as scalability.
Additionally, accessibility from anywhere with an internet connection, and often better security and redundancy measures. Cloud video storage is commonly used for storing surveillance footage, video recordings, and other types of video content.
With a significant proportion of Americans and Canadians working from home, either part-time or full-time, enterprises are under pressure to expand and strengthen their networks to effectively support remote operations. This shift towards remote work drives the need for secure and efficient solutions to store and manage video content related to virtual meetings, training sessions, and collaboration tools.
Based on Deployment, the market is segmented into Public, Private and Hybrid. Based on Application, the market is segmented into IT & Telecom, Media & Entertainment, Government, Retail & Consumer Goods, Energy & Utilities, Manufacturing, Healthcare & Lifesciences, BFSI, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The US market dominated the North America Cloud Video Storage Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $8,635.4 million by 2031. The Canada market is experiencing a CAGR of 19% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 18.3% during (2024 - 2031).
Cloud video storage refers to the practice of storing video files in remote servers that are accessed over the internet. This method offers several advantages over traditional on-premises storage solutions, such as scalability.
Additionally, accessibility from anywhere with an internet connection, and often better security and redundancy measures. Cloud video storage is commonly used for storing surveillance footage, video recordings, and other types of video content.
With a significant proportion of Americans and Canadians working from home, either part-time or full-time, enterprises are under pressure to expand and strengthen their networks to effectively support remote operations. This shift towards remote work drives the need for secure and efficient solutions to store and manage video content related to virtual meetings, training sessions, and collaboration tools.
Based on Deployment, the market is segmented into Public, Private and Hybrid. Based on Application, the market is segmented into IT & Telecom, Media & Entertainment, Government, Retail & Consumer Goods, Energy & Utilities, Manufacturing, Healthcare & Lifesciences, BFSI, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Google LLC (Alphabet Inc.)
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Oracle Corporation
- Microsoft Corporation
- Dell Technologies, Inc.
- VMware, Inc. (Broadcom Inc.)
- IBM Corporation
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Fujitsu Limited
- Alibaba Cloud (Alibaba Group Holding Limited)
Market Report Segmentation
By Deployment- Public
- Private
- Hybrid
- IT & Telecom
- Media & Entertainment
- Government
- Retail & Consumer Goods
- Energy & Utilities
- Manufacturing
- Healthcare & Lifesciences
- BFSI
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Cloud Video Storage Market by Deployment
Chapter 6. North America Cloud Video Storage Market by Application
Chapter 7. North America Cloud Video Storage Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Google LLC (Alphabet Inc.)
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Oracle Corporation
- Microsoft Corporation
- Dell Technologies, Inc.
- VMware, Inc. (Broadcom Inc.)
- IBM Corporation
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Fujitsu Limited
- Alibaba Cloud (Alibaba Group Holding Limited)
Methodology
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