Press release
Cloud Digital Video Recorder Market size, Analytical Overview, Growth factors, Demand and trends forecast to 2026
The report "Cloud Digital Video Recorder Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026" gives complete assessment of the latest trends, challenges of market.The objectives of this study are as follows:
• To define, describe, and forecast the "Cloud Digital Video Recorder" market by type, application, component, delivery model, end user, and region
• To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
• To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
• To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
• To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
• To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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Cloud Digital Video Recorder Market - Overview
In the era of digitization and Internet, traditional television (TV) has changed drastically. Online video is spreading like a wildfire as it is helping consumers to watch what they want thus bypassing usage of television altogether. People no longer tie themselves to their living rooms and specific network schedules to watch their favorite programs. Currently, people want to access their choice of channels anytime and anywhere. This transition is driven by various technological advancements that are taking place globally, including video on demand. Additionally, broadcasters are offering content over the top (OTT) on any IP device. Now the growing expectations among the subscribers for the higher level of flexibility to watch their recorded shows is expected to boost the growth of the cloud digital video recorder market globally.
Earlier, digital video recorder services allowed users to record their favorite TV shows on their local set top boxes (STBs). Users could watch these shows whenever they wanted; however, its viewing was limited to the digital video recorder. Moreover, these limitations would considerably rise with the number of video recordings and the amount of storage available in set top box. This led to the growth in the demand of cloud based digital video recorder. These recorders enabled the service provider to offer digital video recorder services without the need to deploy storage devices to subscribers. Service providers can provide full digital video recording services by moving the entire storage and recording upstream to the public cloud without the need to upgrade the subscriber’s hardware.
Cloud Digital Video Recorder Market - Drivers and Restraints
Rapid increase in the deployment of cloud based digital video recorders, rise in interest to watch content anytime, and surge in demand for multiscreen viewing among consumers are key drivers of the cloud based digital video recorder market. Increase in shift toward cloud-based solutions is further boosting the cloud digital video recorder market. Moreover, cloud based digital video recorder eases the job of service providers to roll out new services without installing new equipment or solution at the customer’s premise. This helps service providers to sell high-end video services which improve customer experience, thereby reducing churn rate. This, in turn, is expected to propel the global digital video recorder market during the forecast period. Other factors that are driving the growth of cloud based digital video recorder market include increase in the number of broadcast channels and rise in penetration of smartphones and smart devices. Various government initiatives promoting digitization of the cable industry is driving the growth of global cloud digital video recorder market.
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Cloud Digital Video Recorder Market - Segmentation
The global digital video recorder market can be categorized based of platform, chipset, and region. In terms of platform, the cloud digital video recorder market can be classified into satellites, IPTVs, hybrids, and others. Based on chipset, the global digital video recorder market can be categorized into HVEC, MPEG-4, and others. In terms of region, the global cloud digital video recorder market can be divided into North America, Europe, Asia Pacific, Middle East &Africa, and South America.
Cloud Digital Video Recorder Market - Key Players
Major players in the global cloud digital video recorder market include ARRIS Group Inc., Cisco Systems, Inc, Dish Network Corporation, Nokia Networks, Alcatel Lucent, Tivo Corporation, Ericsson, Alphabet Inc., Dell EMC, Xfinity, ABOX 42 GmbH, ADB, Hansun Technologies, Huawei Technologies Co. Ltd., Comtrend, and Edgecore Networks. These companies are extensively investing in research & development to incorporate new technologies in their systems and develop new products to increase their market share in the global cloud digital video recorder market. Moreover, there is an emerging trend of mergers & acquisitions within the U.S. based cable companies and stringent copyright laws within European telcos. These have led to more innovative implementation of cloud digital video recorder solutions globally.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
• Market segments and sub-segments
• Market trends and dynamics
• Supply and demand
• Market size
• Current trends/opportunities/challenges
• Competitive landscape
• Technological breakthroughs
• Value chain and stakeholder analysis
The regional analysis covers:
• North America (U.S. and Canada)
• Latin America (Mexico, Brazil, Peru, Chile, and others)
• Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
• Eastern Europe (Poland and Russia)
• Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
• Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
• A complete backdrop analysis, which includes an assessment of the parent market
• Important changes in market dynamics
• Market segmentation up to the second or third level
• Historical, current, and projected size of the market from the standpoint of both value and volume
• Reporting and evaluation of recent industry developments
• Market shares and strategies of key players
• Emerging niche segments and regional markets
• An objective assessment of the trajectory of the market
• Recommendations to companies for strengthening their foothold in the market
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