Migrating to the cloud is an inevitable and irreversible trend in video surveillance. Compared to the conventional NVR architecture, cloud is far more scalable, flexible and cost-effective. This article argues that end user should definitely consider, if not outright begin on, moving their video surveillance to the cloud.
Before we begin, consider the following stats. According to TechJury, 85 percent of businesses worldwide are already making use of cloud technology to store information. Also according to the website, 67 percent of enterprise infrastructure has become cloud-based in 2020, while 94 percent of the Internet workload will be processed in the cloud by 2021.
It’s clear that end users have migrated a lot of their business operations to the cloud. So, why not security and video surveillance as well? In fact, the numbers show that they are already doing this. According to Eagle Eye Network, the video surveillance-as-a-service (VSaaS) market has reached US$1.8 billion by 2020 and is expected to grow at an 18 percent CAGR through 2024.
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