Hyper-Converged Surveillance Platforms Market: Introduction
Hyper converged surveillance platforms refer to a type of platform which can store and record surveillance footage efficiently and can virtualize and run the entire security infrastructure and hardware on a single software-defined platform. It has the ability to virtualize the whole hardware system of surveillance which is a more optimum solution to enhance the security at airports and other critical infrastructure, stadiums, malls, retail stores and restaurants, and facilities and buildings across the world.
Hyper-converged surveillance platforms which enable an individual to run the entire security infrastructure on a single platform help in reducing capital expenditure as well as operational expenditure. The need for hyper converged surveillance platforms is increasing to improve complex processes and to manage multiple high definition hardware such as high resolution cameras.
To get glimpse of what our report offers, ask for a report brochure here
Hyper-Converged Surveillance Platforms Market - Dynamics
Rising Adoption of Smart Buildings and Smart Homes
Demand for smart buildings is expected to increase yearly due to their feasibility and multi usability. Smart buildings include smart homes, smart lighting, HVAC, access control, and other systems and applications which is encouraging the security and surveillance system within the building and the critical infrastructure to deploy such technology which can sustain with such advanced structures. Demand for hyper-converged surveillance platforms is increasing with the increase in deployment of smart buildings and smart infrastructure.
High System Integration Cost
The cost related to the integration as well as the management of the system is comparatively high as the whole surveillance system needs to be integrated with the platform so that it can be managed efficiently. System downtime cost and the integration cost related to hyper-converged surveillance platforms could hamper the market. This may lead to re-installation of surveillance systems, thus hampering the demand.
Increased Focus on Security and Security Infrastructure
The focus on security across the globe has increased. A sudden increase in the demand for security cameras and security systems is seen across the globe to eliminate the risk of theft and other related risks. Demand for hyper-converged surveillance platforms is increasing to manage such highly complex systems and to manage the high configuration devices which can easily virtualize the whole infrastructure and reduce the chance of loss.
To get a bird’s eye view of market forecast, ask for a Custom Report
North America Expected to Dominate the Market in Terms of Size
In terms of region, the global hyper-converged surveillance platforms market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is expected to dominate the market because the region has the highest number of smart homes and consequently high adoption rate of smart buildings which makes North America the most dominant market.
Hyper-Converged Surveillance Platforms Market –Competitive Landscape
- In March 2019, at the Huawei co-Partner Conference 2019, Huawei launched its hyper-converged infrastructure product concept to link the benefits of its FusionCube Hyper-Converged Infrastructure and FusionAccess Desktop Cloud Solution.
- In August 2018, VMworld which is the Edge and IoT Solutions division of Dell Technologies integrated the technologies with Intel to enhance public safety, customer experience, and product inventory and quality within the hyper-converged, software-defined IoT surveillance solution.
Established in 1980, Quantum Corporation is headquartered in San Jose, California, the U.S. The company focuses on providing innovative technology and solutions which enable the customer to carry maximum information though their own data. The company provides products and services related to high-performance shared storage, hyper converged surveillance platform, tape storage, and in-vehicle data capture.
Virtual Graffiti, Inc.
Founded in 1999, Virtual Graffiti, Inc. is based in Irvine, California, the U.S. The company provides IT solutions for businesses, governments, and education. It is majorly focused on providing network security and related solutions.
Established in 1984, Lenovo is headquartered in Beijing, China. The company is focused on designing, engineering, and building technologies related to smart devices and infrastructure. Within the data centers solution, the company provides hyperconverged infrastructure (HCI) which is the answer to outmoded Network Video Recording surveillance systems.
Hyper-Converged Surveillance Platforms Market: Segmentation
The global hyper-converged surveillance platforms market can be segmented based on:
- Deployment Type
- Infrastructure Size
Hyper-Converged Surveillance Platforms Market Segmentation, by Deployment Type
Based on deployment type, the hyper-converged surveillance platforms market can be divided into:
- Scale Out (for more cameras)
- Scale Up (for increased retention)
Hyper-Converged Surveillance Platforms Market Segmentation, by End-user
In terms of end-user, the hyper-converged surveillance platforms market can be bifurcated into:
- Critical Infrastructure
Hyper-Converged Surveillance Platforms Market Segmentation, by Infrastructure Size
Depending on infrastructure size, the hyper-converged surveillance platforms market can be classified into:
- Small and Medium Sized Infrastructure Structure
- Large Size Infrastructure
The report on the hyper-converged surveillance platforms market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The hyper-converged surveillance platforms market report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on the hyper-converged surveillance platforms market segments and geographies.
Regional analysis of the hyper-converged surveillance platforms market includes:
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.