Video Surveillance Hard Disk Drive Market to Reach $1 Billion Mark by 2017
The demand for external and internal hard disk drives (HDDs) for video surveillance systems is expected to top $1 billion by 2017, an increase of 57% in four years. According to HIS, the burgeoning industry garnered sales of over $521 million in 2012. The market is slated to reach almost $639 million at the end of this year.
Network video recorders, digital video recorders, and video management software are the primary products that make up this market. For more on HDD industry trends, visit the IHS press release here.