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Network Video Recorder (NVR) Market Expected to Gain Popularity across the Globe by 2029

04-11-2022 12:08 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Allied Market Research

Allied Market Research

The global network video recorder (NVR) market is segmented on the basis of application and region. Based on application, it is divided into residential, commercial, and industrial. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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The global network video recorder (NVR) market is dominated by key players such as Axis Communications AB., Tyco International Ltd., Honeywell International Inc., Toshiba India Pvt. Ltd., Tyco Security Products., Panasonic Corporation, grandstreamindia.com, Surveon Technology Inc., Dahua Technology Co., Ltd., and hbgk.net.

A software that records video in a digital format to a USB flash drive, SD memory card, or other mass storage device is termed as Network Video Recorder (NVR). It does not contain any dedicated video capture hardware; however, the software typically runs on a separate device, usually with an embedded operating system. An NVR is deployed in an IP video surveillance system.

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Ease of installation, more robust & safer systems, and data encryption for better protection drive the global network video recorder (NVR) market. However, consumption of large amount of data and possibility of online hacking impede the market growth. Development of cameras with advanced features, such as higher resolution and motion detection, offers a major opportunity for market expansion.

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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

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