Research: IP SANs Coming On Strong As Video Surveillance Storage Market To Reach $5.6 Billion By 2013

The latest data from IMS Research forecasts the world market for video surveillance storage will exceed $5.6 billion in 2013. But are the days of the DVR numbered?

IT network storage, in particular IP SANs, is at the forefront of new enterprise surveillance projects. IMS Research’s latest market research report, ‘The World Market for Enterprise and IP Storage used for Video Surveillance,’ forecasts network storage will account for more 30 percent of world video surveillance storage revenues in 2013.

IMS Research Market Analyst, William Rhodes suggests that “although the market is currently dominated by DVR solutions; network surveillance storage is gaining traction and is more scalable and flexible to the needs of some end-users.”

There is currently a very large installed base of DVRs being used to record surveillance footage. Some end-users will replace DVR appliances with like-for-like solutions; however, more forward looking end-users are requesting new technologies such as network storage or VSaaS.

Hosted video or Video Surveillance as a Service (VSaaS) is another area that may drive the decline of the DVR.

“The target market for VSaaS vendors is SMB or residential deployments; essentially low-camera count installations with minimal recording capabilities and little requirement for constant monitoring,” Rhodes said. “The market is currently small and nascent. However, if brought to the market in the right way and at the right time, it has the potential to disrupt the traditional DVR market.”

DVR solutions should not be ruled out, as there will continue to be a sizeable need for a locally recorded ‘plug and play solution’ particularly in low-end applications. But as demand grows for network storage and as hosted video solutions gain traction, the traditional DVR solution is likely to be challenged in low-camera count installations.

Featured

  • Gaining a Competitive Edge

    Ask most companies about their future technology plans and the answers will most likely include AI. Then ask how they plan to deploy it, and that is where the responses may start to vary. Every company has unique surveillance requirements that are based on market focus, scale, scope, risk tolerance, geographic area and, of course, budget. Those factors all play a role in deciding how to configure a surveillance system, and how to effectively implement technologies like AI. Read Now

  • 6 Ways Security Awareness Training Empowers Human Risk Management

    Organizations are realizing that their greatest vulnerability often comes from within – their own people. Human error remains a significant factor in cybersecurity breaches, making it imperative for organizations to address human risk effectively. As a result, security awareness training (SAT) has emerged as a cornerstone in this endeavor because it offers a multifaceted approach to managing human risk. Read Now

  • The Stage is Set

    The security industry spans the entire globe, with manufacturers, developers and suppliers on every continent (well, almost—sorry, Antarctica). That means when regulations pop up in one area, they often have a ripple effect that impacts the entire supply chain. Recent data privacy regulations like GDPR in Europe and CPRA in California made waves when they first went into effect, forcing businesses to change the way they approach data collection and storage to continue operating in those markets. Even highly specific regulations like the U.S.’s National Defense Authorization Act (NDAA) can have international reverberations – and this growing volume of legislation has continued to affect global supply chains in a variety of different ways. Read Now

  • Access Control Technology

    As we move swiftly toward the end of 2024, the security industry is looking at the trends in play, what might be on the horizon, and how they will impact business opportunities and projections. Read Now

Featured Cybersecurity

Webinars

New Products

  • A8V MIND

    A8V MIND

    Hexagon’s Geosystems presents a portable version of its Accur8vision detection system. A rugged all-in-one solution, the A8V MIND (Mobile Intrusion Detection) is designed to provide flexible protection of critical outdoor infrastructure and objects. Hexagon’s Accur8vision is a volumetric detection system that employs LiDAR technology to safeguard entire areas. Whenever it detects movement in a specified zone, it automatically differentiates a threat from a nonthreat, and immediately notifies security staff if necessary. Person detection is carried out within a radius of 80 meters from this device. Connected remotely via a portable computer device, it enables remote surveillance and does not depend on security staff patrolling the area. 3

  • Unified VMS

    AxxonSoft introduces version 2.0 of the Axxon One VMS. The new release features integrations with various physical security systems, making Axxon One a unified VMS. Other enhancements include new AI video analytics and intelligent search functions, hardened cybersecurity, usability and performance improvements, and expanded cloud capabilities 3

  • Camden CV-7600 High Security Card Readers

    Camden CV-7600 High Security Card Readers

    Camden Door Controls has relaunched its CV-7600 card readers in response to growing market demand for a more secure alternative to standard proximity credentials that can be easily cloned. CV-7600 readers support MIFARE DESFire EV1 & EV2 encryption technology credentials, making them virtually clone-proof and highly secure. 3