CCTV Digital Video Recorders Market Scope
A digital video recorder (DVR) is a computer that records digital video to a hard disc drive (HDD), solid-state drive (SSD), USB flash drive, SD card, or other mass storage device. Set-top boxes, television sets, personal computers, camcorders, and media players with recording capabilities are examples of digital video recorders. Digital video recorders are mostly utilized for entertainment as well as security and surveillance. Digital video recorders have a number of advantages over traditional video recorders, including faster data retrieval, smaller storage space requirements, and higher image quality. With the adoption of digital video recorders, analog CCTV security systems are transitioning to digital technologies. For high-quality video recording and monitoring, digital video recorders are replacing analog DVRs in security systems, driving the security and surveillance application sector of the market. Digital video recorders make it simple and secure to access systems over the internet. With the increased acceptance of Internet access on televisions, demand for them is projected to rise.
The CCTV Digital Video Recorders market study is segmented by Type (Mobile DVR, Turbo HD DVR and Others), by Application (Mobile Computing, Video Surveillance and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that Asia Pacific Players will contribute to the maximum growth of Global CCTV Digital Video Recorders market throughout the predicted period.
Axis Communications (Sweden), Dahua Technology (Chian), Bosch Security and Safety Systems (Germany), Hanwha Techwin (South Korea), FLIR Systems (United States), Panasonic Corporation (Japan), Pelco(United States), Agent Video Intelligence (United States), CP Plus (India), Genetec (Canada), Huawei Technologies (China) and NEC (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Qognify(United States) and Tiandy Technologies (China).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global CCTV Digital Video Recorders market by Type, Application and Region.
On the basis of geography, the market of CCTV Digital Video Recorders has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
March 2021 – Dahua Technology, a world-leading, video-centric, provider of smart IoT solutions, announces a new edition to their North American product line: an indoor/outdoor, second-generation 4x5MP multi-sensor camera, ideal for flexible, wide-area surveillance. and April 2021 - Panasonic Corporation has announced the release of the AK-HUC01 4K/12G-SDI Interface Kit, which will enable the AK-HC3900 HD Studio Camera System to be used as a 4K camera
Market Trend
- Growing Adoption of IP Cameras
- Development of High-Resolution Ultra HD Cameras
Market Drivers
- Increasing Concerns about Public Safety and Security
- High-Quality Video Recording and Monitoring
- Rising Demand for Wireless Cameras
Opportunities
- Ongoing Technological Advancements in Big Data, IoT, and Cloud-Based Services
- Growing Technological Advancements
- Rising Trends of Artificial Intelligence and Deep Learning for Video Surveillance Systems
Restraints
Challenges
Key Target Audience
Manufacturers of CCTV Digital Video Recorders, Suppliers of CCTV Digital Video Recorders, Wholesalers, Distributors and Retailers of CCTV Digital Video Recorders, Electronic Industry, Potential Investors and Others