The North America Cloud Video Storage Market would witness market growth of 16.7% CAGR during the forecast period (2024-2031).
The US market dominated the North America Cloud Video Storage Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $8,635.4 million by 2031. The Canada market is experiencing a CAGR of 19% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 18.3% during (2024 - 2031).
Cloud video storage refers to the practice of storing video files in remote servers that are accessed over the internet. This method offers several advantages over traditional on-premises storage solutions, such as scalability.
Additionally, accessibility from anywhere with an internet connection, and often better security and redundancy measures. Cloud video storage is commonly used for storing surveillance footage, video recordings, and other types of video content.
With a significant proportion of Americans and Canadians working from home, either part-time or full-time, enterprises are under pressure to expand and strengthen their networks to effectively support remote operations. This shift towards remote work drives the need for secure and efficient solutions to store and manage video content related to virtual meetings, training sessions, and collaboration tools.
Free Valuable Insights: The Cloud Video Storage Market is Predict to reach USD 35.6 Billion by 2031, at a CAGR of 17.5%
Based on Deployment, the market is segmented into Public, Private and Hybrid. Based on Application, the market is segmented into IT & Telecom, Media & Entertainment, Government, Retail & Consumer Goods, Energy & Utilities, Manufacturing, Healthcare & Lifesciences, BFSI, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Deployment
By Application
By Country
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