IP Products

Market for IP storage

by Mark Rowe

Sam Grinter, a market analyst at the US-based research firm IHS Technology, comments on recent findings from a report on the market for enterprise and IP storage used for video surveillance.

Changes to legislation are significantly impacting the market for enterprise data storage in video surveillance globally. For example, in Germany the maximum retention time for video surveillance has been increased from 24 hours to 48 hours, this effectively doubles the maximum capacity requirement of video surveillance data storage systems. In the Andhra Pradesh state of India, all establishments where a gathering of 100 or more people is expected are required to provide video surveillance protection according to the Public Safety Enforcement Act passed in 2013. Both examples of legislation are expected to increase the demand for video surveillance data storage.

According to leading vendors in the market, end users are placing greater value on their video surveillance data. This is due to video surveillance increasingly being used for business intelligence applications, as well as evidence for defence in law suits. In both cases investment in storing video surveillance data for extended periods of time, or at a higher quality, gives the end user increased return on investment.

Network attached storage (NAS) is forecast to increasingly compete with storage area network (SAN) solutions. Technological development of NAS is making it more comparable, in terms of performance, with SAN. NAS is also typically more cost effective to install and maintain compared to SAN. With price being a major factor in the buying decision of video surveillance, IHS forecasts strong growth for NAS solutions over the next three years.

Related News

  • IP Products

    Cloud camera deal

    by Mark Rowe

    DVS, the Cardiff-based specialist distributor of IP surveillance equipment, has entered into an agreement with San Francisco-based Prism Skylabs. DVS is to…

  • IP Products

    DVTEL reports

    by Mark Rowe

    DVTEL, the US-based security product manufacturer, announced a substantial increase in revenues year over year. It saw particular growth in the municipal…

  • IP Products

    HP advice

    by Mark Rowe

    BCDVideo, the US-based manufacturer of IP video surveillance storage products, announced that company president and founder Jeff Burgess was named to HP’s…

Newsletter

Subscribe to our weekly newsletter to stay on top of security news and events.

© 2024 Professional Security Magazine. All rights reserved.

Website by MSEC Marketing