According to a new report, published by KBV research, The Global Video Surveillance Storage Market size is expected to reach $33.01 billion by 2032, rising at a market growth of 11.9% CAGR during the forecast period.
The Hard Disk Drive (HDD) segment dominated the Global Video Surveillance Storage Market by Storage in 2024, thereby, achieving a market value of $24.00 billion by 2032. The hard disk drive (HDD) segment accounts for a significant portion of the video surveillance storage market. HDDs are widely adopted due to their cost-effectiveness and large storage capacities, making them suitable for long-term video retention needs in large-scale surveillance systems.
The Hardware segment is experiencing a CAGR of 11.6 % during the forecast period. The hardware segment holds the largest share in the video surveillance storage market. This segment includes physical storage components such as hard disk drives (HDDs), solid state drives (SSDs), network video recorders (NVRs), digital video recorders (DVRs), and storage area networks (SANs). These devices form the backbone of surveillance infrastructure, supporting large-scale and continuous data recording, retrieval, and archiving.
The Large Enterprises segment dominated the Global Video Surveillance Storage Market by Enterprise Size in 2024, thereby, achieving a market value of $20.37 billion by 2032. The large enterprises segment accounts for a dominant share in the video surveillance storage market. These organizations typically operate across expansive facilities, multiple sites, or high-security environments that require comprehensive surveillance coverage. As a result, they generate substantial volumes of video data, necessitating robust, scalable, and high-capacity storage infrastructure.
The Commercial segment is growing at a CAGR of 11.2 % during the forecast period. The commercial segment leads the video surveillance storage market due to the widespread use of surveillance systems in retail outlets, office buildings, malls, hotels, and financial institutions. These environments deploy numerous high-definition cameras to monitor customer activity, employee behavior, and overall premises security.
The North America region dominated the Global Video Surveillance Storage Market by Region in 2024, thereby, achieving a market value of $11.30 billion by 2032. The Europe region is anticipated to grow a CAGR of 11.7% during (2025 - 2032). Additionally, The Asia Pacific region would witness a CAGR of 12.6% during (2025 - 2032).
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