Seagate Introduces First Hard Drive Designed Specifically for the Digital Video Security Market

Seagate Introduces First Hard Drive Designed Specifically for the Digital Video Security Market

Seagate Technology (NYSE:STX), the world’s leading manufacturer of Consumer Electronics (CE) hard drives, today announced the SV35 Series hard drive, specifically designed for optimal performance in the commercial video security market. The SV35 Series offers 160GB, 250GB and 500GB of storage, which allows for up to 23 days of high quality continuous video recording[1].

Video security technology is making a rapid shift from legacy tape based systems to digital systems employing hard drive storage. According to J.P. Freeman Co., the estimated worldwide market for video surveillance equipment is $4.5B at the factory level with a compound average growth rate of 18%. Further, when you take out the analog portion of this market and look just at digital systems, the market is growing at more than double this rate or approximately 42% (CAGR)[2]. As this transition accelerates, advanced applications have come on the scene providing law enforcement and security professional’s new capabilities in fighting crime and keeping people safe.

Digital video security systems now enable sophisticated software capabilities to automatically preview and flag security events in seconds, where manually reviewed images would have taken many days or even months to discover similar information. High resolution image capture is moving the quality of stored video from grainy and marginally useful to crisp and incredibly detailed images used to capture criminals, save lives and improve business practices in a wide variety of industries. At the heart of these capabilities are massive hard drives, enabling the storage of incredible amounts of digital video data while also providing unprecedented fast access and review of recorded video not possible on legacy tape based systems.

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