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Digital Video Recorder Market - Increased digitization of television broadcasts propells growth
A digital video recorder (DVR) is an electronic device that records video in a digital format to a hard disk drive (HDD), solid state drive (SSD), USB flash drive, SD card, or other mass storage devices. Digital video recorders include set-top-boxes, television sets, personal computers, camcorders, and media players with recording capability.Digital video recorders are used mainly for entertainment and security and surveillance applications. Fast data retrieval, less storage space requirement, and high image quality are a few of the advantages of digital video recorders over traditional video recorders.
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Change in consumer preference toward watching movies and TV shows at their own time is boosting demand for digital video recorders. Demand for television digital video recorders is rising with an emerging trend of on-demand entertainment. Increased digitization of television broadcasts and increased demand for high-definition (HD) videos is driving the digital video recorder market.
Other factors propelling the digital video recorder market include rise in the number of television channels and increased penetration of smartphones and smart devices. Cloud digital video recorders are gaining traction in the market. Emergence of features such as time-shifting and ad-skipping is further expected to fuel the digital video recorder market during the forecast period. Multi-room digital video recorders are becoming a trend in the market.
However, unlike video management software and network video recorder systems, digital video recorders do not have the advantage of edge device processing capabilities and supporting multi-cameras on a single system.
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