InformationWeek: Seeking Cost Efficiency in Public Cloud (Feb. 15th)
WW Video Surveillance Storage Market To Reach $10.6 Billion By 2027
StorageNewsletter.com, November 14th, 2022
November 14, 2022,
Volume 296, Issue 3

According to a report from analysts from ReportLinker published on November 9, 2022, in the changed post Covid-19 business landscape, the global market for Video Surveillance Storage (VSS) estimated at $7.4 billion in the year 2020, is projected to reach a revised size of $10.6 billion by 2027, growing at a CAGR of 5.4% over the analysis period 2020-2027.

SAN, one of the segments analyzed in the report, is projected to record a 4.7% CAGR and reach $3.7 billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the DAS segment is readjusted to a revised 5% CAGR for the next 7-year period.

US Market Estimated at $2 Billion, While China Forecast to Grow at 8.9% CAGR

The VSS market in USA is estimated at $2 billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of $2.2 billion by the year 2027 trailing a CAGR of 8.9% over the analysis period 2020 to 2027.

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