Europe Video Surveillance Storage Market Size, Share & Industry Trends Analysis Report By Storage Media (Hard Disk Drive (HDD) and Solid State Drive (SSD)), By Component, By Vertical, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Europe Video Surveillance Storage Market would witness market growth of 11.6% CAGR during the forecast period (2022-2028).
There are two main ways that video security keeps places secure. First, there is real-time monitoring, which enables staff members or law enforcement agents to identify and keep an eye on any threat right away. The archived film record is another option that can be examined if a crime or other problem is later discovered or suspected. Every video camera security system must include video storage since, in both situations, the recorded video must be safely stored and kept for later access.
In cases where video recordings are kept locally, local storage is utilized. While some systems continue to operate in an outdated manner (with a centralized NVR/DVR setup), contemporary IP cameras frequently provide local storage right on the camera. It could be useful for connectivity and convenience of use. Hosting the material locally reduces logistical difficulties because the recordings don't have to be sent through networks (which may have erratic connectivity and constrained bandwidth availability).
In England, surveillance camera systems have been widely used. These systems are a part of a complicated system of ownership, management, and responsibility. When utilized properly, these systems are useful tools that help safeguard both persons and property while also enhancing public safety and security. The use of overt surveillance camera systems in public places is completely supported by the government of the region as long as it is done so in accordance with all applicable legal requirements and is done so to further a legitimate goal.
The Germany market dominated the Europe Video Surveillance Storage Market by Country in 2021; thereby, achieving a market value of $1.7 billion by 2028. The UK market is exhibiting a CAGR of 10.7% during (2022 - 2028). Additionally, The France market would experience a CAGR of 12.4% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Video Surveillance Storage Market will Hit $26.8 Billion by 2028, at a CAGR of 12.3%
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
Market Segments Covered in the Report:
By Storage Media
- Hard Disk Drive (HDD)
- Solid State Drive (SSD)
- Storage Area Network (SAN)
- Network Attached Storage (NAS)
- Direct Attached Storage (DAS)
- Video Recorders
- Video Management Software
- Video Analytics
By Organization Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
- Government & Defense
- Healthcare & Life Sciences
- Media & Entertainment
- Travel & Hospitality
- Rest of Europe
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.
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