AUSTIN, Texas — The world market for external enterprise storage platforms used for video surveillance is forecast to average an annual growth rate of 52% for storage capacity shipped from 2010 to 2016, according to a new report by IMS Research. By comparison, internal enterprise storage platforms are forecast to grow 36% in the same period.
Despite the strong growth for both platforms, external storage is forecast to displace internal storage as the dominant storage platform in 2014, according to IMS Research Market Analyst Sam Grinter.
“This crossover is being driven by a number of factors including the continued transition from analog to network security cameras and the use of higher resolution cameras, both of which generate more data per camera than a standard resolution analog security camera,” he says.
Because external storage platforms can have greater storage capacity compared to their internal storage counterparts, they offer more scalability. For example, a greater number of hard disk drives (HDD) can be installed within an external device compared to DVRs or NVRs.
As a result of an increased use of external platforms, many IT vendors have seen increased traction of their storage solutions for use in video surveillance applications. During the past few years, vendors such as EMC, Pivot3, DDN and HP, have seen an increase in their market share for video surveillance storage solutions, according to IMS Research.
“For new IT vendors looking to enter the market, it is important to establish strong partnerships in the video surveillance industry,” Grinter says. “Many successful IT vendors have partnered with VMS providers and have created strong lists of value added resellers and integrators who understand their storage solutions.”