In a new report, IMS Research is predicting strong growth in the market for external video storage solutions over the next several years.
According to a recent statement from the UK-based research firm, external enterprise storage platforms are expected to see an annual growth rate of 52 percent for storage capacity shipped from 2010 to 2016. During that same time period, internal enterprise storage platforms are expected to see 36 percent growth.
IMS predicts that external storage will displace internal storage as the dominant storage platform in 2014.
Sam Grinter, a market analyst with IMS, said that the move to external storage is being driven by several factors, including the transition from analog to IP-based cameras and the use of higher resolution camera models. This has subsequently led to a greater demand for storage platforms from traditional IT vendors for surveillance applications.
"For new IT vendors looking to enter the market it is important to establish strong partnerships in the video surveillance industry," Grinter said in the statement. "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."
For more information about the "World Market for Enterprise and IP Storage used for Video Surveillance – 2012 edition," visit http://imsresearch.com.