Network Video Recorder (NVR) Software Market Anticipated for Progressive CAGR Growth During 2018-2026

"The Latest Research Report Network Video Recorder (NVR) Software Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

A network video recorder (NVR) is a centralized, networked recorder solution that connects multiple IP cameras simultaneously. It is a networked server and storage solution that is designed specifically for network video applications and IP cameras. The technology uses open IP standards in order to facilitate connectivity, compatibility, and flexibility. A network video recorder is an IP-connected device that aggregates IP cameras. It allows the viewing, control, and recording of video from all other centralized cameras with the help of one centralized interface. The interface is connected through the web so that one can view, manipulate, and manage video from any IP-connected device such as cell phones, desktop computers, wireless PDA, and others. Since network video recorders are IP based, they can also be managed remotely with the help of VPN, LAN, or a secure Internet connection.

Network-based video recording offers a number of benefits such as improved security, greater flexibility, and high definition data. A rise in the need for local network storage for storing digital videos is projected to boost the network video recorder software market in the near future. Network video recorders are used for monitoring manufacturing processes, monitoring patient health in hospitals, visual communication, and streaming live events such as sports matches and music concerts over the Internet. They also support integration of third-party cameras. Factors such as increase in concerns over security of life and assets and rise in the incidence of crimes and terrorist attacks are anticipated to drive the network video recorder software market during the forecast period. However, poor image quality and unreliable storage capability are projected to hamper the network video recorder software market during the forecast period.

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The global network video recorder software market can be segmented based on product enterprise size, application, industry, and geography. In terms of product, the network video recorder software market can be classified into pc-based and embedded. The embedded segment is anticipated to expand at a significant growth rate during the forecast period. Based on enterprise size, the market can be classified into small and medium enterprise and large enterprise. The small and medium enterprise segment is anticipated to expand at a robust rate during the forecast period. In terms of application, the market can be segmented into day care, casinos, correctional facility, stadium and arenas, ATM machine location, and laboratories. Based on industry, the market can be segmented into banking financial services and insurance, manufacturing, military and defense, transportation, retail, government, and others. The banking financial services and insurance segment is projected to hold a major market share throughout the forecast period.

In terms of geography, the global network video recorder software market can be segmented into North America, South America, Asia Pacific, Europe, and Middle East & Africa. The network video recorder software market in North America is projected to expand at a significant rate during the forecast period. This is attributed to technical advancements and high focus on technological development in this region. Asia Pacific is expected to be a lucrative region of the network video recorder software market during the forecast period due to increase in the requirement of advanced video recorder software. In addition, the market in Asia Pacific is likely to be driven by an increase in foreign investment in the manufacturing sector.

Key players operating in the global network video recorder software market are focused on providing solutions as per requirements such as implementation of different technologies and upgrade and expansion of existing systems. Major players compete with other players based on parameters such as product price and product quality. The global network video recorder software market is characterized by the presence of several key players, including Axis Communications AB., Honeywell International Inc., Tyco International Ltd., CP Plus, Dahua Technology Co., Ltd., Surveon Technology Inc., Samsung, Panasonic Corporation, and Guangzhou Juan.

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
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Technological breakthroughs
Value chain and stakeholder analysis

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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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