Press release
Digital Video Recorder Market Rewriting Long Term Growth Story: Bosch, Cisco Systems, cpplusworld
According to HTF MI, "Global Digital Video Recorder Market Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Digital Video Recorder Market Market is anticipated to grow at a compound annual growth rate (CAGR) of 7.08% from 2024 to 2030, reaching USD 8.5 Billion in 2024 and USD 16.5 Billion by 2030.A Digital Video Recorder (DVR) is an electronic device that records video in a digital format to a disk drive, USB drive, or other mass storage devices. It is commonly used in surveillance systems and for personal television recording.
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Key and developing players who have been highlighted as part of the coverage include Bosch (Germany), Cisco Systems Inc. (United States), cpplusworld (India), Dahua Technology Co. Ltd. (China), DISH Network L.L.C. (United States), D-Link (Taiwan), Funai (Japan), Hikvision (China), Honeywell International Inc. (United States), Koninklijke Philips (Netherlands), LG (South Korea), Panasonic Holdings Corp. (Japan), Samsung (South Korea), Intelbras (Brazil)..
Digital Video Recorder Market
Market Drivers
• The growing demand for home security and surveillance systems
Market Trend
• Increasing adoption of cloud-based DVRs and hybrid DVR solutions.
Market Opportunities
• Expanded use of DVR technology beyond traditional security controls.
Market Restraints
• High initial investment and maintenance costs for advanced DVR systems.
Market Challenges
• Increasing competition from new technologies.
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Key Market Segmentation:
The report has categorized the Digital Video Recorder Market market based on type, distribution channel, and region.
Market Breakdown by Applications:
• Embedded DVR, PC-Based DVR, Hybrid DVRs
Market Breakdown by Types:
• BFSI, Government, Industrial, Retail, Transport & logistic sector, Others
Report Scope
The Market size value in 2024 (USD 8.5 Billion) Revenue Forecast by 2033 (USD 16.4 Billion)
Growth Rate CAGR Of (7.08%) Historical Years (2019-2023)
Base Year (2023)
Estimated Year (2024)
Short-Term Projection Year (2030)
Regions Covered (North America, Europe, the Middle East and Africa, Latin America, and the rest of the world)
Note: With the help of the Growth Overview Charts, Historical Period Analysis, Forecast Period Analysis, Main Market Segmentation, Leading Key Market Players, TOC, List of Figures, and List of Tables in this report, you can get a thorough overview of the market.
Competitive Landscape:
Along with studying the profiles of the key players, the industry's competitive environment has also been examined. Players profiled are Bosch (Germany), Cisco Systems Inc. (United States), cpplusworld (India), Dahua Technology Co. Ltd. (China), DISH Network L.L.C. (United States), D-Link (Taiwan), Funai (Japan), Hikvision (China), Honeywell International Inc. (United States), Koninklijke Philips (Netherlands), LG (South Korea), Panasonic Holdings Corp. (Japan), Samsung (South Korea), Intelbras (Brazil).
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Key highlights of the report:
• Digital Video Recorder Market Market Performance (2019-2023)
• Digital Video Recorder Market Market Outlook (2024-2030)
• Digital Video Recorder Market Market Trends
• Digital Video Recorder Market Market Drivers and Success Factors
• SWOT Analysis
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
Ask the Analyst for Customization and Explore the full report with TOC & List of Figures: https://www.htfmarketintelligence.com/report/global-digital-video-recorder-market
We will supply any particular information you need as part of the modification if it falls outside the present purview of the report.
Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketintelligence.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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