Authored By: Sarah
30 Sep 2024

Latest News: Digital Video Recorder Market 2024-2028: North America to Drive Growth and Innovation

The digital video recorder market size by Deployment (In-home DVR and Cloud DVR) and Geography (North America, APAC, Europe, South America, and Middle East and Africa), is forecast to increase by USD 6.51 billion. The market is expected to grow at a CAGR of 7.08% between 2024 and 2028.

  • In the realm of digital video recording and hosted video services, a significant hurdle lies in the substantial expense associated with transmitting high-volume video data. To ensure seamless service delivery, both the customer sites and third-party security agencies necessitate high-speed Internet connections. Unfortunately, many broadband or high-speed Internet service providers offer asymmetric connections, with significantly higher download speeds compared to upload speeds. This discrepancy can hinder the process of transmitting video data. Moreover, third-party security agencies must possess an Internet connection that can effectively manage the incoming aggregate bandwidth of video feeds from their clientele.
  • The Digital Video Recorder (DVR) market represents a significant growth opportunity for businesses seeking to enhance their video surveillance and security systems. This technology enables the recording and storage of digital video footage, offering advanced features such as motion detection, remote access, and high-definition video quality. Companies in various sectors, such as, retail are increasingly adopting DVRs to improve operational efficiency, security, and customer experience. The global DVR market is projected to expand at a robust CAGR during the forecast period, driven by the rising demand for advanced security solutions and the proliferation of IP cameras.

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Global digital video recorder market 2024-2028

Some of the Key Companies:

  • ALE International
  • AT and T Inc.
  • Canon Inc.
  • Cisco Systems Inc.
  • Comcast Corp.
  • CommScope Holding Co. Inc.
  • Dahua Technology Co. Ltd.
  • Dell Technologies Inc.
  • DISH Network L.L.C.
  • EchoStar Corp.
  • Honeywell International Inc.
  • Johnson Controls International Plc.
  • Panasonic Holdings Corp.
  • Renesas Electronics Corp.
  • Robert Bosch GmbH
  • Sony Group Corp.
  • Technicolor SA
  • Teledyne Technologies Inc.
  • Xperi Holding Corp.
  • Zoom Corp.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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