Digital video recorder (DVR) refers to the technology that is used for recording audio and video in a digital format within a storage device such as SD memory card, USB flash drive, and any other networked or local mass storage device. It is used to record video surveillance, television shows, movies, or other programs. DVR provides high video and image quality, recording of different videos from different channels concurrently, and fast data retrieval. Thus, all of these are significantly boosting the growth of the digital video recorder market.
MARKET DYNAMICS
The growing digitization of television broadcasting, rapid growth in demand for HD videos, and the increasing adoption of cloud-based DVRs are the major factor driving the growth of the digital video recorder market. However, factors such as the requirement of large storage space, compatibility of videos, and high initial cost may restraint the growth of the digital video recorder market. Further, rising with an emerging trend of on-demand entertainment coupled with the rise in the number of broadcast channels and increased penetration of smartphones and smart devices are expected to boost the growth of the digital video recorder market.
MARKET SCOPE
The Global Digital Video Recorder Market Analysis to 2028? is a specialized and in-depth study of the Digital video recorder industry with a special focus on the global market trend analysis. The report aims to provide an overview digital video recorder market with detailed market segmentation as type, application, and geography. The global digital video recorder market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading digital video recorder market players and offers key trends and opportunities in the digital video recorder market.
MARKET SEGMENTATION
The global digital video recorder market is segmented on the basis of type, application. On the basis of type the market is segmented as mobile DVR, turbo HD DVR, others. On the basis of application the market is segmented as video surveillance, entertainment, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global digital video recorder market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The digital video recorder market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting digital video recorder market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the digital video recorder market in these regions.
MARKET PLAYERS
The reports cover key developments in the digital video recorder market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from digital video recorder market are anticipated to lucrative growth opportunities in the future with the rising demand for digital video recorder in the global market. Below mentioned is the list of few companies engaged in the digital video recorder market.
The report also includes the profiles of key digital video recorder companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Arris International Limited
- Axis Communications AB
- DISH Network L.L.C.
- Hangzhou Hikvision Digital Technology Co., Ltd.
- Honeywell International, Inc.
- Panasonic Corporation
- Samsung
- Sony Corporation
- Technicolor
- Tyco Integrated Security (Johnson Controls International plc)