Market Share of Security And Surveillance Storage Industry
The competitive landscape in the security and surveillance storage market is characterized by moderate rivalry. This is primarily due to the presence of numerous large vendors who hold significant market share and possess well-established distribution networks. Leading companies within this market actively engage in mergers and acquisitions (M&A) and form strategic partnerships to expand their reach and increase their market presence. Notable vendors in this sector include Honeywell, Cisco, Dell Technologies, and NetApp.
In September 2022, VIVOTEK unveiled its cloud-based video surveillance service, VORTEX, in the United States. As part of this launch, the company offered VORTEX video management software and cloud storage services at no cost with the purchase of any VORTEX cameras between September 1 and December 31, 2022.
In March 2022, Quantum Corporation introduced the Unified Surveillance Platform (USP), a robust, flexible, and secure software platform designed for recording and storing video surveillance data. Additionally, Quantum Corporation launched a new range of Smart Network Video Recording Servers (NVRs).
Security And Surveillance Storage Market Leaders
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Cisco Systems
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Honeywell International
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Dell Technologies
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NetApp
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Rasilient Systems
*Disclaimer: Major Players sorted in no particular order
