Video Surveillance Storage Market to Reach $15.55B

The global video surveillance storage market is projected to grow from USD 10.93 billion in 2026 to USD 15.55 billion by 2031.

The global video surveillance storage market is projected to grow at a compound annual growth rate of 7.3% through 2031, according to the latest MarketsandMarkets research.

Growth is being driven by the expansion of high-resolution IP camera networks, longer video retention requirements and increasing use of AI-powered video analytics. Governments, transportation authorities, commercial organizations and critical infrastructure operators are among the main sources of demand.

Large surveillance deployments across Asia Pacific, Europe and the Middle East are generating growing volumes of video. In the Middle East, expanding smart city and critical infrastructure surveillance is increasing the need for storage platforms capable of supporting continuous high-resolution recording, longer retention periods and AI-based analytics.

As high-resolution camera networks and AI analytics expand, surveillance operators need storage that can handle more video, retain it longer and retrieve it faster.

Organizations are also moving away from fragmented DVR environments toward centralized, edge, cloud and hybrid storage architectures. These systems allow operators to manage footage across multiple locations while supporting metadata indexing, rapid retrieval and forensic investigations.

SSDs gain ground as NAS retains largest share

Network Attached Storage (NAS) is expected to retain the largest market share because of its scalability, centralized management and compatibility with distributed IP camera environments.

Solid State Drives (SSDs), however, are expected to record the fastest growth. Their higher performance makes them particularly suitable for edge storage, AI analytics and applications where rapid access to surveillance footage is important.

Cybersecurity and data sovereignty requirements are also influencing storage strategies. Organizations increasingly require encryption, resilient backups, immutable storage and localized data management as surveillance systems become more interconnected.

Asia Pacific is expected to be the fastest-growing regional market, supported by smart city, transportation, industrial and public safety investments.

Key players: Western Digital, Seagate Technology, Dell, Huawei, Toshiba, Lenovo, Hikvision, Honeywell, HPE, NetApp and Motorola Solutions (Avigilon).