Market Snapshot:
A digital video recorder (DVR) is a device that records video in a digital format to a hard disk drive (HDD), solid-state drive (SSD), USB flash drive, SD card, or alternative mass storage devices. Digital video recorders embody set-top boxes, tv sets, personal computers, camcorders, and media players with recording capability. Digital video recorders are used chiefly for entertainment and security and surveillance applications. Quick information retrieval, less storage space demand, and high image quality are a number of the benefits of digital video recorders over ancient video recorders.
Highlights from Digital Video Recorders (DVR) Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The key Players profiled in the report are Arris Group, Inc. (United States), Cisco Systems, Inc. (United States), LG Electronics Inc. (South Korea), Panasonic Corporation (Japan), Samsung Electronics Co., Ltd. (South Korea), TiVo, Inc. (United States), AT&T, Inc. (United States), Echostar Corporation (United States), Koninklijke Philips N.V. (Netherlands), Sony Corporation (Japan), Honeywell International, Inc. (United States) and Comcast Corporation. (United States).
Geographic Breakdown and Segment Analysis
The Global Digital Video Recorders (DVR) market presents a comprehensive analysis of the Digital Video Recorders (DVR) market by product type (Standalone and Integrated), by end-user/application (Security, Entertainment and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Digital Video Recorders (DVR) industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Digital Video Recorders (DVR) market
Analyst at AMA have segmented the market study of Global Digital Video Recorders (DVR) market by Type, Application and Region.
Influencing Trend:
An Emerging Trend of On-Demand Entertainment and Rise In the Number of Television Channels
Market Growth Drivers:
Change In Consumer Preference Toward Watching Movies and TV Shows, Increased Digitization of Television Broadcasts and Increased Demand for High-Definition (HD) Videos
Challenges:
Requirement Of Large Storage Space
Restraints:
High Initial Cost and Compatibility Of Videos
Opportunities:
Increasing Technology and Advancement
Market Developments Activities:
In 2021, Hikvision, a major Chinese security camera and DVR manufacturer, acquired Ezviz, another Chinese smart home company. This consolidation aimed to strengthen Hikvision's position in the smart home market, which could indirectly impact the development of DVRs.
In 2022, TiVo unveiled the Edge, a hybrid streaming and DVR device combining their traditional DVR software with streaming services like Netflix and Hulu. This caters to cord-cutters who miss the DVR experience.
Digital video recorder refers to the technology used for recording audio and video in a digital format inside a device like a USB flash drive, SD memory card, and the other networked or local mass storage device. It is often used to record tv shows, movies, or for video police work using science cameras. Digital video recorder provides high image quality, fast knowledge retrieval, and, recording of different of various videos from different channels concurrently.
Key Target Audience
Manufacturers of Digital Video Recorder, Suppliers and distributors of Digital Video Recorder, Governmental and Regulatory bodies and End-Users