Video Surveillance Storage Market to Hit $15.55 Billion by 2031 as Hybrid Segment Grows 13%
Updated
Updated · Yahoo Finance · Aug 21
Video Surveillance Storage Market to Hit $15.55 Billion by 2031 as Hybrid Segment Grows 13%
1 articles · Updated · Yahoo Finance · Aug 21
Summary
$15.55 billion is the projected size of the video surveillance storage market in 2031, up from $10.93 billion in 2026, according to MarketsandMarkets, implying a 7.3% annual growth rate.
High-resolution IP camera rollouts, smart city surveillance projects and stricter video-retention rules are driving demand for larger, compliance-ready storage systems that can handle continuous 24/7 workloads.
Hybrid deployment is forecast to expand fastest at 13.0%, while HCI-based storage is set to grow 9.2%, reflecting a shift from fragmented DVR setups toward centralized and cloud-linked architectures.
HDDs are still expected to hold the largest storage-media share at $3.67 billion in 2031, while Asia Pacific is seen as the fastest-growing region on large-scale smart city and camera network expansion.
Broader demand is also being reinforced by data-sovereignty and cybersecurity rules, pushing buyers toward encrypted, localized and resilient storage for analytics, audits and forensic retrieval.
With surveillance storage shifting to hybrid clouds by 2031, how will organizations protect immutable video archives from rising ransomware threats and sovereignty laws?
Could real-time AI processing at the edge eventually disrupt the booming $15.55 billion surveillance storage market by eliminating the need to save raw footage?
As smart cities generate petabytes of 4K video, will AI-driven storage systems become the ultimate tool for security or a massive privacy liability?