Video Surveillance Storage Market Poised for Robust Growth
Video Surveillance Storage Market Report Overview :
The new market intelligence report published by research firm, Maximize Market Research, indicates the lucrative growth for Video Surveillance Storage Market suppliers in the forecast period through 2029. The Video Surveillance Storage Market report includes the growth drivers, major restraints, upcoming challenges and prevailing opportunities in the global market.
Market Values:
was valued at USD 8.53 Billion in 2022, and it is expected to reach USD 12.91 Billion by 2029, exhibiting a CAGR of 6.1 % during the forecast period (2023-2029)
Report Scope:
The comprehensive report on the Video Surveillance Storage Market provides a detailed analysis of market dynamics, including drivers, restraints, opportunities, and challenges. The study encompasses market segments by form, source, packaging type, distribution channel, and application, offering valuable insights for stakeholders.
Research Methodology:
The report employs a robust research methodology, incorporating data analysis, statistical insights, and market trends. Market participants, regions, and specific requirements are meticulously examined to offer a comprehensive overview of market improvements.
For a detailed market analysis, please refer to the research report summary :https://www.maximizemarketresearch.com/request-sample/39467
Video Surveillance Storage Market Regional Analysis :
This section of the report includes government initiatives in each region that contributes to global Video Surveillance Storage market growth. The Video Surveillance Storage market report includes a geographic condition of the market, market size and share as well as in-depth research into the business network structure, opportunities, and news updates. The report includes all the regions: North America, Europe, Asia Pacific, South America and Middle East and Africa.
Video Surveillance Storage Market Segmentation :
Solutions held the most market share in the Customer Relationship Management sector in 2022, and over the course of the forecast period, it is anticipated to grow at the highest CAGR of 24%. More than ever, the telecom industry is focused on the needs of its customers. Since the customer experience has evolved into the most potent tool in the never-ending war for customers, it is the top focus.
According to deployment, the cloud segment held the biggest market share for video surveillance storage in 2022 and is predicted to expand at the fastest rate of 18.1% CAGR over the course of the forecast period. The majority of businesses use cloud computing to expand capacity, enhance functionality, or add new services as needed without having to hire more internal support people or commit to potentially costly infrastructure expenditures. Applications on the cloud are developed and implemented specifically for cloud environments. Cloud-based hosting features a shared cloud instance that may accommodate multiple tenants. Because more micro-services are being deployed in 5G billing, the cloud-based market is anticipated to expand. With cloud-based services, customers may follow service records and keep an eye on invoices in real time.
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Video Surveillance Storage Market Key Players :
1. Optiva, Inc. (Canada)
2. Genetec (Canada)
3. Avigilon Corporation (Canada)
4. March Networks (Canada)
5. Alcatel-Lucent SA (France)
6. Amdocs, Inc. (US)
7. Dell (US)
8. IBM Corporation (US)
9. BCDVideo (US)
10. Cisco Systems, Inc (US)
11. honeyell International, Inc. (US)
12. Pelco Corporations (US)
13. Rasilient Systems Inc (US)
14. Seagate Technology Holdings plc (US)
15. OpenEye (US)
16. Hikvision (US)
17. ExacqVision (US)
18. Verkada (US)
19. Eagle Eye Networks, Inc (US)
20. Hitachi Ltd (Japan)
21. CPPLUS International. (India)
22. Sterlite Technologies Limited (India)
23. Huawei Technologies Co., Ltd. (China)
24. SAP SE (Germany)
25. Hanwha (South Korea)
26. VIVOTEK INC. (Taiwan)
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Regional Insights:
Asia-Pacific: Dominated the market in 2022, driven by leading exporting countries like China and India. South Korea emerged as a significant importer, contributing to regional market growth.
Europe: Held the second-largest market share, with countries like Germany, Netherlands, and Spain being key importers and exporters of Video Surveillance Storage.
North America: Led by the United States, which accounted for the largest import volume in 2022, driven by investments in healthcare and cosmetics industries.
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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