Being able to record terabytes of video footage inside an IP camera is not too far away thanks to SDXC technology, which has provision for up to 2TB (2000GB) of storage capacity.
The history of digital storage is not as boring as you might imagine. However even if researching technological advancements is not your thing, the outcome of the extraordinary milestones achieved in the last 50 odd years is interesting to everyone, as it means we are getting a lot more for a lot less. Consider that hard drives have gone from costing $10,000 per megabyte to only a few cents.
As a result the proposed issue of bandwidth and storage consumption raised by those who are not so enthusiastic about megapixel cameras, is fast becoming a dead issue. Not only because storage is getting cheaper, we are going to see quantum leaps in both device capacities and miniaturization over the next two years.
Consider this - in 1956 IBM shipped it’s RAMAC 305 system with a 5-megabyte hard drive for a total cost of $50,000. Fast forward to 1980, Seagate offers the ST506, a 5-megabyte hard drive for $1500, which was then considered unbelievable value.