Video surveillance storage market projected to reach $15.55 billion by 2031, growing at a 7.3% CAGR from 2026 levels
Executive summary: MarketsandMarkets published a forecast estimating the video surveillance storage market will grow to $15.55 billion by 2031. The growth signals rising storage needs for surveillance systems, impacting hardware vendors, cloud providers, and data‑center capacity planning.
Who is involved: MarketsandMarkets (analyst firm), surveillance camera manufacturers (e.g., Hikvision, Dahua), storage suppliers (e.g., Seagate, Western Digital), and cloud service providers.
Likely next: Market participants may adjust capital‑expenditure plans for storage infrastructure in 2027‑2028 to meet the projected demand.
According to a MarketsandMarkets report released on August 21 2026, the global video surveillance storage market is expected to expand from approximately USD 10.93 billion in 2026 to USD 15.55 billion by 2031, reflecting a compound annual growth rate of 7.3 %. The forecast highlights increasing demand for high‑resolution video analytics and longer retention periods driven by security‑camera deployments across commercial and public infrastructure. No contradictory figures were presented in the release, and the estimate aligns with the firm’s methodology of tracking CCTV‑related storage shipments and cloud‑based video archives.
Timeline
- — Video Surveillance Storage Market worth $15.55 billion by 2031 - Report by MarketsandMarkets™ (PR Newswire)
Analysis — what this means
Sectors affected
- Video surveillance storage manufacturers (Seagate, Western Digital)
- Video surveillance system integrators (Hikvision, Dahua)
- Cloud video‑analytics providers
Key entities
Sources
- Video Surveillance Storage Market worth $15.55 billion by 2031 - Report by MarketsandMarkets™ — PR Newswire
Related cases
- MarketsandMarkets forecasts the global urinalysis market to grow to $7.16 billion by 2031, driven by an 8.0% CAGR from a 2026 baseline of $4.88 billion
- MarketsandMarkets projects the automotive lighting market to reach $45.87 billion by 2033, driven by a 5.6% CAGR
- Aircraft cabin interiors market projected to reach $38 billion by 2031, growing at a 5.39% CAGR from a $29.22 billion base in 2026
- Temperature management systems market set to reach $4.58 billion by 2031, driven by steady 5.2% CAGR
- Population Health Management market set to nearly double to $98.4 billion by 2031, driven by value‑based care and aging demographics
- MarketsandMarkets forecasts the Network Detection and Response market to reach $7.29 billion by 2031, growing at a 10.9% CAGR from $4.34 billion in 2026