MarketResearchNest.com adds a new report 2012-2022 Global Video Surveillance Storage Industry Report to its research database. The Report includes 149 pages with tables and figures. This report is an essential reference for those who look for detailed information on global Video Surveillance Storage market. The report covers data on national, regional, and global markets including historical and future trends for supply, demand, prices, trading, competition as well as global major vendors’ information.
Last month, IHS Markit released a white paper titled Caught On Tape – Now Keep It Secure, which discusses the benefits and best practices of LTO technology in the Digital Video Surveillance (DVS) industry. The white paper draws your attention to three key market trends; a greater number of cameras shipped and used worldwide, higher video recording specifications and official requirements for data to be kept for longer. But what does LTO tape and LTFS offer the video surveillance industry, which is facing demands for increased need for storage? When used in a multi-tiered storage solution, an LTO tape library can be implemented as a cost-effective, long-term, high-capacity storage tier. With LTO technology, users do not have to compromise on video quality or retention time, allowing organizations to manage their storage system and stay within their budgets.
According to a new market research report “Cybersecurity Market by Solution (IAM, Encryption, DLP, UTM, Antivirus/Anti-Malware, Firewall, IDS/IPS, Disaster Recovery, DDOS Mitigation, SIEM), Service, Security Type, Deployment Mode, Organization Size, Vertical, and Region – Global Forecast to 2022”, published by MarketsandMarkets™, the Cybersecurity Market is expected to grow from USD 137.85 Billion in 2017 to USD 231.94 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 11.0%.
With the sophistication of video management and analytics software increasing and a surge in high-quality IP cameras, the video surveillance market is in the midst of a technological evolution. As a result, ABI Research, the leader in transformative technology innovation market intelligence, forecasts global value added services market revenues will top $10 billion by 2021. Data and analytics services, as well as device and application platform services, show the strongest revenue growth within the non-consumer video surveillance market.
Use 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. Many of the large enterprises use more than 100 cameras on an average, which are functioning 24*7 around the clock—with no end in sight. The number of surveillance cameras and the worth of video analytics are only projected to grow and so is the need for video surveillance storage. Commercial expansion triggers maximum investment in video surveillance; higher capacity storage media is a vital prerequisite for these system upgrades. With the advancement in storage technologies over the last decade and introduction of IP cameras, the process of video surveillance became simpler and the demand for video surveillance storage amplified.
The Video Surveillance as a Service (VSaaS) market is expected to be worth US$5.93 Billion by 2022, at a CAGR of 22.0% between 2017 and 2022. Factors such as low initial investment required to avail VSaaS services, increasing demand for real-time and remote access for video surveillance data, and flexible scalability offered by VSaaS would provide ample growth opportunities for the Video Surveillance as a Service market in the future. This is a new market research report from Research and Markets.
The recent attacks to national security and the rising crime activities worldwide have compelled governments to scrutinize their existing security measures. The demand for resilient and secure infrastructure is therefore at all-time high. As governments and private organizations look for advanced technologies for improved security, the demand for video surveillance and VSaaS market will rise in response. Given the scenario, persisting investments in infrastructure such as railways, roads, airports, and communication networks are fuelling the demand for video surveillance and VSaaS solutions.
Video surveillance, AKA closed-circuit television (CCTV), is not openly transmitted, though it may employ point to point (P2P), point to multipoint (P2MP), or mesh wired or wireless links. Though almost all video cameras fit this definition, the term is most often applied to those used for surveillance in areas that may need monitoring such as bars, banks, casinos, schools, hotels, airports, hospitals, restaurants, military installations, and other areas where security is needed.
NTT Security, the specialized security company of NTT Group, has launched its 2017 Global Threat Intelligence Report (GTIR), which analyzes global threat trends based on log, event, attack, incident and vulnerability data [1 October 2015 to 31 September 2016]. Analyzing content from NTT Group operating companies, including NTT Security, Dimension Data, NTT Communications, NTT Data, and data from the Global Threat Intelligence Center (formerly known as SERT), the report highlights the latest ransomware, phishing and DDoS attack trends and demonstrates the impact of today’s threats against global organizations.
The need for enhanced security and demand for gathering insights from customer behavior is driving the video analytics market globally. The market for video analytics is anticipated to expand at a CAGR of 20.6% during the forecast period from 2015 to 2023. The global video analytics market was valued at US$ 1,709.0 Mn in 2014. Some of the key factors driving the growth of the video analytics market include the expanding range of vertical applications, a growing trend toward bringing retail outlets and commercial premises under video analytics due to security concerns and the need to monitor and understand the environment around the premises.