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Burgeoning Video Data to Boost Adoption of Advanced Physical Security IT Storage Solutions Finds Frost & Sullivan - Proliferation of surveillance cameras and resultant data explosion to underline demand for physical security it storage solutions - Autoid.Frost.com
Burgeoning Video Data to Boost Adoption of Advanced Physical Security IT Storage Solutions Finds Frost & Sullivan

 

NewswireToday - /newswire/ - London, United Kingdom, 2011/11/09 - Proliferation of surveillance cameras and resultant data explosion to underline demand for physical security it storage solutions - Autoid.Frost.com.

   
 
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Physical security IT storage solutions, adopted largely in the last two to three years, will witness an increase in demand, triggered by the pressing need to store more digital images. In 2008 and 2009, the recession forced end users to defer investments into this emerging technology.

However, the rebound in the adoption of Internet protocol (IP) and the surging demand for high-resolution cameras, within the security arena, are expected to translate into increased video recording for security and business intelligence purposes. This, in turn, is expected to spur the growth of physical security IT storage solutions.

New analysis from Frost & Sullivan (autoid.frost.com), 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.

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.

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.

At present, high prices and low awareness about benefits are limiting the widespread adoption of physical security IT storage solutions. In addition, IT storage systems useable within the video surveillance industry are not designed for continuous recording of video and are more prone to system failures.

The high degree of complexity involved in deploying and maintaining advanced IT storage systems is another challenge.

"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."

If you are interested in more information on this study, please send an email with your full contact details to Joanna Lewandowska, Corporate Communications, at joanna.lewandowska[.]frost.com.

European Physical Security IT Storage Market is part of the Automatic Identification & Security Growth Partnership Service programme, which also includes research in the following markets: World Video Surveillance Markets and European Video Analytics Markets. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

European Physical Security IT Storage Market / M63B-11

 
 
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Burgeoning Video Data to Boost Adoption of Advanced Physical Security IT Storage Solutions Finds Frost & Sullivan

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