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    Canada Video Surveillance Storage Market

    ID: MRFR/ICT/62914-HCR
    200 Pages
    Aarti Dhapte
    September 2025

    Canada Video Surveillance Storage Market Research Report By Storage Technology (SAN, DAS, NAS), By Type of Storage (HDDs, SDDs), By Deployment (On-cloud, On-premise) and By Service (Professional, Managed services) - Forecast to 2035

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    Canada Video Surveillance Storage Market Research Report- Forecast to 2035 Infographic
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    Table of Contents

    Canada Video Surveillance Storage Market Summary

    The Canada Video Surveillance Storage market is projected to grow significantly from 1250 USD Million in 2024 to 3500 USD Million by 2035.

    Key Market Trends & Highlights

    Canada Video Surveillance Storage Key Trends and Highlights

    • The market is expected to exhibit a compound annual growth rate (CAGR) of 9.81 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 3500 USD Million, indicating robust growth potential.
    • In 2024, the market is valued at 1250 USD Million, reflecting a strong foundation for future expansion.
    • Growing adoption of cloud storage solutions due to increasing security concerns is a major market driver.

    Market Size & Forecast

    2024 Market Size 1250 (USD Million)
    2035 Market Size 3500 (USD Million)
    CAGR (2025 - 2035) 9.81%

    Major Players

    Royal Bank of Canada (CA), Toronto-Dominion Bank (CA), Enbridge Inc (CA), Suncor Energy Inc (CA), Shopify Inc (CA), Canadian National Railway (CA), BCE Inc (CA), Thomson Reuters Corporation (CA), Barrick Gold Corporation (CA)

    Canada Video Surveillance Storage Market Trends

    The Canada Video Surveillance Storage Market is experiencing numerous significant trends that indicate growth and adaption to technology advancements. The increased need for high-definition video storage solutions has been driven by growing security and safety concerns in a variety of industries, including retail, transportation, and public spaces. Enhanced government laws requiring the installation of surveillance equipment in crucial places exacerbate this demand.

    This regulatory environment is a crucial market driver, as enterprises and institutions are forced to implement robust video surveillance systems that require significant storage capacity to handle the massive amounts of data generated. Market opportunities are being explored through advancements in cloud storage technologies. Businesses in Canada are increasingly turning to cloud-based services for their scalability, cost-effectiveness, and convenience of use. This is a fundamental shift in how corporations store and manage video surveillance data. In addition, the integration of artificial intelligence technology into video surveillance systems is a growing trend in Canada. 

    AI can improve security measures by providing advanced analytics and real-time data processing, which increases the overall effectiveness of surveillance systems. Recently, there has been a rising trend for hybrid storage systems that combine on-premise storage with cloud-based possibilities. This method gives firms more flexibility and improves their ability to reconcile expenses with data management requirements. 

    Canadian cities such as Toronto and Vancouver are emerging as centers of technical innovation in surveillance and storage solutions, reflecting a larger trend of urbanization and an increased emphasis on smart city efforts. These trends collectively depict a strong picture for the Canada Video Surveillance Storage Market, marked by innovation, regulatory backing, and growing technology requirements.

    Canada Video Surveillance Storage Market Drivers

    Market Segment Insights

    Canada Video Surveillance Storage Market Segment Insights

    Canada Video Surveillance Storage Market Segment Insights

    Video Surveillance Storage Market Storage Technology Insights

    Video Surveillance Storage Market Storage Technology Insights

    The Canada Video Surveillance Storage Market is witnessing significant advancements within the Storage Technology segment, which encompasses various storage solutions essential for efficient video surveillance management. Storage Area Networks (SAN), Direct Attached Storage (DAS), and Network Attached Storage (NAS) are critical components shaping the infrastructure for storing, managing, and retrieving video footage. 

    SAN plays a pivotal role in offering high performance and scalability for large-scale implementations, making it suitable for organizations that require robust data handling capabilities.Meanwhile, DAS is often favored for its straightforward configuration and cost-effectiveness, catering to users who need local storage solutions without complex networking requirements. NAS, on the other hand, is becoming increasingly popular thanks to its user-friendly interface and remote accessibility, enabling multiple users to access surveillance data over a network effortlessly. 

    The adoption of these storage technologies is driven by the increasing need for security and surveillance systems, particularly in sectors such as retail, transportation, and public safety across Canada, where managing vast amounts of video data is crucial.Moreover, the rising concerns around security breaches and data integrity are propelling organizations to invest in reliable storage solutions that can ensure both quick access to vital information and robust backup options. 

    As the technology landscape continues to evolve, the importance of scalability and versatility in these storage solutions will likely enhance their relevance in the Canada Video Surveillance Storage Market. Overall, the segment is characterized by innovation and continual adaptation to meet the demands of modern-day security needs in Canada.

    Video Surveillance Storage Market Type of Storage Insights

    Video Surveillance Storage Market Type of Storage Insights

    The Canada Video Surveillance Storage Market is characterized by its diverse Type of Storage options, which play a crucial role in meeting the increasing demand for reliable video data management. The market has seen a significant shift towards digital storage solutions, where Hard Disk Drives (HDDs) are recognized for their high capacity and cost-effectiveness, making them a popular choice for large-scale surveillance deployments. Solid-State Drives (SSDs), on the other hand, offer superior performance with faster data access speeds, making them ideal for real-time monitoring applications and high-definition video streaming.

    The growth of urban areas and smart city initiatives in Canada is driving the need for advanced video surveillance solutions, thereby fostering an environment conducive to the adoption of both HDD and SSD technologies. Recent trends indicate an increasing focus on hybrid storage systems that leverage the strengths of both HDDs and SSDs to optimize performance and cost. Additionally, as Canadian businesses and government sectors emphasize security and data integrity, the evolution of storage technologies continues to create opportunities for innovation in the surveillance market, leading to improved overall efficiency and effectiveness in video data handling.

    Video Surveillance Storage Market Deployment Insights

    Video Surveillance Storage Market Deployment Insights

    The Canada Video Surveillance Storage Market has seen notable developments in the Deployment segment, reflecting the growing demand for storage solutions tailored to video surveillance needs. Within this segment, the On-cloud and On-premise options are gaining traction as they cater to different client requirements. On-cloud deployment has become increasingly attractive due to its scalability, ease of access, and reduced infrastructure costs, making it appealing for a wide range of applications in both urban and rural settings across Canada. In contrast, On-premise solutions remain significant as they offer enhanced control and security, particularly for organizations concerned with data privacy and compliance with regulations. 

    As Canadian businesses increasingly rely on video surveillance for security and operational efficiency, the importance of effective storage solutions cannot be understated. Market trends indicate that factors such as technological advancements, along with an increased focus on public safety and the need for improved crime prevention strategies, are driving growth in this segment. Additionally, challenges such as cybersecurity threats and the need for efficient data management present opportunities for innovation and development within the Canada Video Surveillance Storage Market, ultimately shaping both On-cloud and On-premise offerings.

    Video Surveillance Storage Market Service Insights

    Video Surveillance Storage Market Service Insights

    The Canada Video Surveillance Storage Market is experiencing growth driven by the increasing demand for robust security systems in residential, commercial, and government sectors. The Service segment plays a crucial role in the overall market, providing essential offerings that support the effective deployment and management of video surveillance solutions. Professional services are vital for integrating advanced technologies, customizing solutions, and offering ongoing support, which enhances user experience and operational efficiency. 

    Managed services are also significant, as they allow organizations to outsource their video surveillance storage needs, ensuring secure and reliable data management while reducing the burden on internal resources.As security regulations tighten and the need for data protection intensifies, the Service segment becomes increasingly relevant, attracting investments and innovation. The emphasis on cloud-based solutions and artificial intelligence integration in surveillance systems further fuels the market growth, aligning with the evolving needs of customers across Canada. Overall, the Service segment stands out as a fundamental component within the broader Canada Video Surveillance Storage Market, reflecting both technological advancement and the growing priority placed on security measures.

    Get more detailed insights about Canada Video Surveillance Storage Market Research Report- Forecast to 2035

    Regional Insights

    Key Players and Competitive Insights

    The Canada Video Surveillance Storage Market is characterized by a rapidly evolving landscape, where the demand for efficient and robust video storage solutions is on the rise. As organizations increasingly seek to enhance their security infrastructure, the need for reliable storage systems that can manage vast amounts of video data grows concurrently. Competitive dynamics in this market revolve around factors such as technology advancements, service offerings, pricing strategies, and the ability to meet the specific needs of various sectors, including retail, transportation, and government. 

    With the integration of cloud computing and artificial intelligence, companies are continuously innovating to provide more scalable and flexible storage solutions that cater to the unique requirements of the Canadian market. The competitive environment is shaped by both local players and international corporations, all vying for market share and innovation leadership.Genetec boasts a strong presence in the Canada Video Surveillance Storage Market, well-regarded for its cutting-edge technology and commitment to security solutions. This company specializes in unified security platforms, with a central focus on video management systems that facilitate seamless storage and retrieval of surveillance footage. 

    The strength of Genetec lies in its ability to offer customized solutions that cater to the diverse needs of Canadian businesses. With a reputation for high-quality customer service and continuous innovation, Genetec has positioned itself as a trusted partner for organizations looking to enhance their video surveillance capabilities. Their dedication to developing compliance-centric solutions caters to stringent Canadian regulatory requirements, thus reinforcing their market presence and brand loyalty among customers.Hikvision is another key player in the Canada Video Surveillance Storage Market, known for its extensive range of high-definition cameras and advanced video storage solutions. The company's product offerings include network video recorders (NVRs) and video management software that are designed to efficiently store and manage extensive video data. 

    Hikvision's strengths lie in its technological prowess, competitive pricing strategies, and a comprehensive portfolio of features that appeal to various sectors within Canada. The organization has maintained a consistent market presence through strategic partnerships and collaborations, enhancing its distribution network across the nation. Additionally, Hikvision has made headlines in recent years with strategic mergers and acquisitions aimed at bolstering its research and development capabilities, thus further solidifying its position within the Canadian market. By continually investing in innovation and expanding its product offerings, Hikvision remains a formidable competitor in the Canadian video surveillance storage landscape.

    Key Companies in the Canada Video Surveillance Storage Market market include

    Industry Developments

    Recent developments in the Canada Video Surveillance Storage Market have highlighted significant advancements and shifts among key players. For instance, in October 2022, Genetec launched its latest version of Security Center, enhancing video storage capabilities tailored for diverse environments. 

    Concurrently, Hikvision has focused on expanding its product line with innovative storage options that support high-resolution video, which is increasingly in demand. In terms of growth, the sector has seen a notable increase in market valuation, attributed to rising security concerns and advancements in technology. A report from July 2023 indicated that companies like Avigilon and Axis Communications are experiencing increased investments, strengthening their market positions.

    Regarding mergers and acquisitions, Verint acquired a key technology partner in August 2023 to enhance its cloud storage offerings, further solidifying its presence in the Canadian market. Moreover, in January 2023, Bosch Security Systems expanded its footprint by forming strategic partnerships with local firms to better meet regional demands. These activities reflect an increasingly competitive market landscape as companies like Netgear, Dahua Technology, and others strive to innovate and adapt in response to the evolving needs of Canadian consumers and businesses.

    Market Segmentation

    Video Surveillance Storage Market Service Outlook

    • Professional
    • Managed services

    Video Surveillance Storage Market Deployment Outlook

    • On-cloud
    • On-premise

    Video Surveillance Storage Market Type of Storage Outlook

    • HDDs
    • SDDs

    Video Surveillance Storage Market Storage Technology Outlook

    • SAN
    • DAS
    • NAS

    Report Scope

     

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 3.71(USD Billion)
    MARKET SIZE 2024 4.44(USD Billion)
    MARKET SIZE 2035 5.56(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 2.077% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Genetec, Hikvision, Verint, Axis Communications, Avigilon, Netgear, Dahua Technology, Bosch Security Systems, Seagate Technology, Milestone Systems, Eagle Eye Networks, Sony, Vivotek, Honeywell, Pelco
    SEGMENTS COVERED Storage Technology, Type of Storage, Deployment, Service
    KEY MARKET OPPORTUNITIES Growing demand for cloud storage, Increased adoption of AI analytics, Expansion of smart city initiatives, Rising focus on data security, Escalating need for remote monitoring
    KEY MARKET DYNAMICS growing security concerns, increasing urbanization, technological advancements, regulatory compliance, rising demand for cloud storage
    COUNTRIES COVERED Canada

    Market Highlights

    Author
    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in Market Research and Business Consulting, working under the spectrum of Information Communication Technology, Telecommunications and Semiconductor domains. Aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. Her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    FAQs

    What is the expected market size of the Canada Video Surveillance Storage Market in 2024?

    The Canada Video Surveillance Storage Market is expected to be valued at 4.44 USD Billion in 2024.

    What will be the estimated market size of the Canada Video Surveillance Storage Market by 2035?

    By 2035, the market is projected to reach a value of 5.56 USD Billion.

    What is the compound annual growth rate (CAGR) of the Canada Video Surveillance Storage Market from 2025 to 2035?

    The expected CAGR for the market from 2025 to 2035 is 2.077 percent.

    Which segment holds the largest market share in the Canada Video Surveillance Storage Market by storage technology?

    By storage technology, the NAS segment is expected to hold the largest market share in 2024 with a valuation of 2.39 USD Billion.

    What is the projected market value of the SAN segment in the Canada Video Surveillance Storage Market by 2035?

    The SAN segment is projected to be valued at 1.5 USD Billion by 2035.

    Who are the key players operating in the Canada Video Surveillance Storage Market?

    Major players in the market include Genetec, Hikvision, Verint, Axis Communications, and Avigilon.

    What is the expected market value of the DAS segment in 2024?

    The DAS segment is expected to be valued at 0.85 USD Billion in 2024.

    What factors are driving growth in the Canada Video Surveillance Storage Market?

    Growth drivers include increasing security concerns, technological advancements in storage solutions, and rising demand for surveillance systems.

    How does the market size for NAS in the Canada Video Surveillance Storage Market evolve by 2035?

    The NAS market is expected to reach approximately 3.01 USD Billion by 2035.

    What challenges could impact the growth of the Canada Video Surveillance Storage Market?

    Challenges may include increasing competition, rapid technological changes, and potential regulatory hurdles.

    1. EXECUTIVE
    2. SUMMARY
    3. Market Overview
    4. Key Findings
    5. Market Segmentation
    6. Competitive Landscape
    7. Challenges and Opportunities
    8. Future Outlook
    9. MARKET INTRODUCTION
    10. Definition
    11. Scope of the study
    12. Research Objective
    13. Assumption
    14. Limitations
    15. RESEARCH
    16. METHODOLOGY
    17. Overview
    18. Data
    19. Mining
    20. Secondary Research
    21. Primary
    22. Research
    23. Primary Interviews and Information Gathering
    24. Process
    25. Breakdown of Primary Respondents
    26. Forecasting
    27. Model
    28. Market Size Estimation
    29. Bottom-Up
    30. Approach
    31. Top-Down Approach
    32. Data
    33. Triangulation
    34. Validation
    35. MARKET
    36. DYNAMICS
    37. Overview
    38. Drivers
    39. Restraints
    40. Opportunities
    41. MARKET FACTOR ANALYSIS
    42. Value chain Analysis
    43. Porter's
    44. Five Forces Analysis
    45. Bargaining Power of Suppliers
    46. Bargaining
    47. Power of Buyers
    48. Threat of New Entrants
    49. Threat
    50. of Substitutes
    51. Intensity of Rivalry
    52. COVID-19
    53. Impact Analysis
    54. Market Impact Analysis
    55. Regional
    56. Impact
    57. Opportunity and Threat Analysis
    58. Canada
    59. Video Surveillance Storage Market, BY Storage Technology (USD Billion)
    60. SAN
    61. DAS
    62. NAS
    63. Canada
    64. Video Surveillance Storage Market, BY Type of Storage (USD Billion)
    65. HDDs
    66. SDDs
    67. Canada
    68. Video Surveillance Storage Market, BY Deployment (USD Billion)
    69. On-cloud
    70. On-premise
    71. Canada
    72. Video Surveillance Storage Market, BY Service (USD Billion)
    73. Professional
    74. Managed
    75. services
    76. Competitive Landscape
    77. Overview
    78. Competitive
    79. Analysis
    80. Market share Analysis
    81. Major
    82. Growth Strategy in the Video Surveillance Storage Market
    83. Competitive
    84. Benchmarking
    85. Leading Players in Terms of Number of Developments
    86. in the Video Surveillance Storage Market
    87. Key developments
    88. and growth strategies
    89. New Product Launch/Service Deployment
    90. Merger
    91. & Acquisitions
    92. Joint Ventures
    93. Major
    94. Players Financial Matrix
    95. Sales and Operating Income
    96. Major
    97. Players R&D Expenditure. 2023
    98. Company
    99. Profiles
    100. Genetec
    101. Financial
    102. Overview
    103. Products Offered
    104. Key
    105. Developments
    106. SWOT Analysis
    107. Key
    108. Strategies
    109. Hikvision
    110. Financial
    111. Overview
    112. Products Offered
    113. Key
    114. Developments
    115. SWOT Analysis
    116. Key
    117. Strategies
    118. Verint
    119. Financial
    120. Overview
    121. Products Offered
    122. Key
    123. Developments
    124. SWOT Analysis
    125. Key
    126. Strategies
    127. Axis Communications
    128. Financial
    129. Overview
    130. Products Offered
    131. Key
    132. Developments
    133. SWOT Analysis
    134. Key
    135. Strategies
    136. Avigilon
    137. Financial
    138. Overview
    139. Products Offered
    140. Key
    141. Developments
    142. SWOT Analysis
    143. Key
    144. Strategies
    145. Netgear
    146. Financial
    147. Overview
    148. Products Offered
    149. Key
    150. Developments
    151. SWOT Analysis
    152. Key
    153. Strategies
    154. Dahua Technology
    155. Financial
    156. Overview
    157. Products Offered
    158. Key
    159. Developments
    160. SWOT Analysis
    161. Key
    162. Strategies
    163. Bosch Security Systems
    164. Financial
    165. Overview
    166. Products Offered
    167. Key
    168. Developments
    169. SWOT Analysis
    170. Key
    171. Strategies
    172. Seagate Technology
    173. Financial
    174. Overview
    175. Products Offered
    176. Key
    177. Developments
    178. SWOT Analysis
    179. Key
    180. Strategies
    181. Milestone Systems
    182. Financial
    183. Overview
    184. Products Offered
    185. Key
    186. Developments
    187. SWOT Analysis
    188. Key
    189. Strategies
    190. Eagle Eye Networks
    191. Financial
    192. Overview
    193. Products Offered
    194. Key
    195. Developments
    196. SWOT Analysis
    197. Key
    198. Strategies
    199. Sony
    200. Financial
    201. Overview
    202. Products Offered
    203. Key
    204. Developments
    205. SWOT Analysis
    206. Key
    207. Strategies
    208. Vivotek
    209. Financial
    210. Overview
    211. Products Offered
    212. Key
    213. Developments
    214. SWOT Analysis
    215. Key
    216. Strategies
    217. Honeywell
    218. Financial
    219. Overview
    220. Products Offered
    221. Key
    222. Developments
    223. SWOT Analysis
    224. Key
    225. Strategies
    226. Pelco
    227. Financial
    228. Overview
    229. Products Offered
    230. Key
    231. Developments
    232. SWOT Analysis
    233. Key
    234. Strategies
    235. References
    236. Related
    237. Reports
    238. LIST
    239. OF ASSUMPTIONS
    240. Canada Video Surveillance Storage Market
    241. SIZE ESTIMATES & FORECAST, BY STORAGE TECHNOLOGY, 2019-2035 (USD Billions)
    242. Canada
    243. Video Surveillance Storage Market SIZE ESTIMATES & FORECAST, BY TYPE OF STORAGE,
    244. 2035 (USD Billions)
    245. Canada Video Surveillance Storage
    246. Market SIZE ESTIMATES & FORECAST, BY DEPLOYMENT, 2019-2035 (USD Billions)
    247. Canada
    248. Video Surveillance Storage Market SIZE ESTIMATES & FORECAST, BY SERVICE, 2019-2035
    249. (USD Billions)
    250. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    251. ACQUISITION/PARTNERSHIP
    252. LIST
    253. Of figures
    254. MARKET SYNOPSIS
    255. CANADA
    256. VIDEO SURVEILLANCE STORAGE MARKET ANALYSIS BY STORAGE TECHNOLOGY
    257. CANADA
    258. VIDEO SURVEILLANCE STORAGE MARKET ANALYSIS BY TYPE OF STORAGE
    259. CANADA
    260. VIDEO SURVEILLANCE STORAGE MARKET ANALYSIS BY DEPLOYMENT
    261. CANADA
    262. VIDEO SURVEILLANCE STORAGE MARKET ANALYSIS BY SERVICE
    263. KEY
    264. BUYING CRITERIA OF VIDEO SURVEILLANCE STORAGE MARKET
    265. RESEARCH
    266. PROCESS OF MRFR
    267. DRO ANALYSIS OF VIDEO SURVEILLANCE STORAGE
    268. MARKET
    269. DRIVERS IMPACT ANALYSIS: VIDEO SURVEILLANCE STORAGE
    270. MARKET
    271. RESTRAINTS IMPACT ANALYSIS: VIDEO SURVEILLANCE
    272. STORAGE MARKET
    273. SUPPLY / VALUE CHAIN: VIDEO SURVEILLANCE
    274. STORAGE MARKET
    275. VIDEO SURVEILLANCE STORAGE MARKET, BY
    276. STORAGE TECHNOLOGY, 2025 (% SHARE)
    277. VIDEO SURVEILLANCE
    278. STORAGE MARKET, BY STORAGE TECHNOLOGY, 2019 TO 2035 (USD Billions)
    279. VIDEO
    280. SURVEILLANCE STORAGE MARKET, BY TYPE OF STORAGE, 2025 (% SHARE)
    281. VIDEO
    282. SURVEILLANCE STORAGE MARKET, BY TYPE OF STORAGE, 2019 TO 2035 (USD Billions)
    283. VIDEO
    284. SURVEILLANCE STORAGE MARKET, BY DEPLOYMENT, 2025 (% SHARE)
    285. VIDEO
    286. SURVEILLANCE STORAGE MARKET, BY DEPLOYMENT, 2019 TO 2035 (USD Billions)
    287. VIDEO
    288. SURVEILLANCE STORAGE MARKET, BY SERVICE, 2025 (% SHARE)
    289. VIDEO
    290. SURVEILLANCE STORAGE MARKET, BY SERVICE, 2019 TO 2035 (USD Billions)
    291. BENCHMARKING
    292. OF MAJOR COMPETITORS

    Canada Video Surveillance Storage Market Segmentation

     

     

     

    • Video Surveillance Storage Market By Storage Technology (USD Billion, 2019-2035)

      • SAN
      • DAS
      • NAS

     

    • Video Surveillance Storage Market By Type of Storage (USD Billion, 2019-2035)

      • HDDs
      • SDDs

     

    • Video Surveillance Storage Market By Deployment (USD Billion, 2019-2035)

      • On-cloud
      • On-premise

     

    • Video Surveillance Storage Market By Service (USD Billion, 2019-2035)

      • Professional
      • Managed services

     

     

     

     

     

     

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