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Frost & Sullivan: Proliferation of Surveillance Cameras increases Demand for Storage Solutions Print E-mail
Thursday, 01 December 2011 14:23

A new analysis from Frost & Sullivan, titled “European Physical Security IT Storage Market”, estimates that the market will expand from $123.1 million in 2010 to $181.1 million by 2016. The research covers the direct access storage (DAS), network access storage (NAS) and storage area networks (SAN) segments.

 

The burgeoning growth in the adoption of high-resolution video surveillance systems and the integration of numerous security sub-systems have resulted in huge amounts of video being generated. This, in turn, has underlined the need for sizeable storage spaces. The demand for physical security IT storage solutions will increase with the requirement to store more digital images. DAS systems recorded a moderate revenue share growth in 2010.This is expected to decline due to the high demand for better-performing and affordable NAS systems, throughout the forecast period. The demand for SAN is set to remain stable over the same period.

 

According to Frost & Sullivan, “IT storage for the physical security industry is still emerging and dominant IT-based suppliers are modifying their existing enterprise IT storage offerings to suit physical security needs. As end users become more aware of these IT storage solutions and vendors gain greater expertise in serving the specific needs of the security industry, these solutions are poised to gain rapid momentum towards the end of the forecast period.” The burgeoning growth in the adoption of high-resolution video surveillance systems and the integration of numerous security sub-systems have resulted in huge amounts of video being generated. This, in turn, has underlined the need for sizeable storage spaces.

 

“Effective management of storage, through advanced redundant array of independent disks (RAID) and automated backups to prevent accidental loss of data and constant upgrades, requires a high level of expertise,” cautions Frost & Sullivan analyst. “With an increase in end users’ storage requirements, which is evident from the enhanced performance and declining prices of hard disks, there will be intense competition to provide the technical solution that most effectively serves market demands.” [www.frost.com]


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