52% CAGR for Storage Capacity in Video Surveillance From 2010 to 2016
Market report by IMS Research
This is a Press Release edited by StorageNewsletter.com on March 5, 2012 at 2:06 pmIMS Research
forecasts strong growth for the world market for external enterprise
storage platforms used for video surveillance, with an average annual
growth rate of 52% for storage capacity shipped from 2010 to 2016.
Enterprise Storage Used for Video Surveillance
External vs. Internal Storage Platforms
% of total market per petabytes, 2010 to 2016
(Source: IMS Research, March 2012)
In comparison, internal enterprise storage platforms are forecast to see
36% growth over the same period. Despite the strong growth for both
storage platforms, external storage is forecast to displace internal
storage as the dominant storage platform in 2014.
Sam Grinter, Market Analyst at IMS Research comments: "This crossover
is being driven by a number of factors including the continued
transition from analogue to network security cameras and the use of
higher resolution cameras, both of which generate more data per camera
than a standard resolution analogue security camera."
External storage platforms offer advantages over internal storage
equivalents by processing and storing greater quantities of data in
comparison to DVRs, NVRs and other internal storage platforms. This is a
result of the scalability of external storage platforms; this means
that a greater number of HDDs can be installed within the device, which
creates a greater data storage capacity.
A consequence of an increased use of external platforms is that many IT
vendors have seen strengthening traction of their storage solutions for
use in video surveillance applications. Over the past few years, vendors
such as EMC, Pivot3, DDN and HP to name a few, have seen an increase in
their market share for video surveillance storage solutions.
Grinter continues: "For new IT vendors looking to enter the market it
is important to establish strong partnerships in the video surveillance
industry. Many successful IT vendors have partnered with VMS providers
and have created strong lists of VARs and integrators who understand
their storage solutions."
This transition from internal to external storage platforms is one of the key findings of the World Market for Enterprise and IP Storage used for Video Surveillance – 2012
edition, which has recently been published. This report presents nine
product types, ten end-user industries, and 30 countries, in terms of
revenue and storage capacity from 2010 to 2016.
About The World Market for Enterprise and IP Storage
used for Video Surveillance – 2012 edition report:
The video surveillance market is undergoing a significant technology
transition. Users are adopting products which utilise integrated
networks over older analogue products because of the advantages they
give in terms of connectivity, scalability and video resolution. The way
in which organisations manage their video surveillance storage is also
changing as they adopt new network solutions. Furthermore, storage
capacity requirements are increasing to deal with the volume of data
produced by network video systems.
The aim of this report is to provide storage and video surveillance
equipment manufacturers with an up to date assessment of the market. In
addition, the report will forecast the impact of the shift to network
storage as economies across the world continue to recover from the
recession.