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Digital Video Recorder Market size to grow by USD 6.76 billion from 2021 to 2026, The advent of smart AI-based video surveillance to be a major trend influencing the market growth - Technavio

NEW YORK, March 29, 2023 /PRNewswire/ -- The global digital video recorder market size is estimated to grow by USD 6.76 billion from 2021 to 2026, according to Technavio. The market is estimated to grow at a CAGR of 7.31% during the forecast period. The advent of smart AI-based video surveillance is one of the primary digital video recorder market trends that is expected to impact the digital video recorder market positively in the forecast period. AI makes use of smart automation to analyze large volumes of surveillance data to derive intelligent insights. For instance, Intel Movidius leverages AI and deep learning to make surveillance proactive by detecting unattended objects and behavior monitoring. Smart AI-based video surveillance systems include intrusion detection; motion; speed detection, object classification, behavioral analysis, GPS mapping, and vehicle tagging and tracking. IC Realtime is working on facial recognition. It offers Ella, which runs on Google Cloud, deploys AI to conduct video feed analysis across CCTV systems, and makes videos instantly searchable. Moreover, developing countries such as China encourage the use of AI. Hence, trends such as smart AI-based video surveillance are expected to drive the DVR market growth during the forecast period. For more insights on the forecast market size (2021 to 2026) - Request a sample report

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Digital Video Recorder Market - Segmentation Assessment
Segment Overview
Technavio has segmented the market based on deployment (in-home DVR and cloud DVR) and geography (North America, APAC, Europe, South America, and Middle East and Africa). 

Geography Overview
The report provides actionable insights and estimates the contribution of all regions to the growth of the global digital video recorder market.

Insights on the market contribution of various segments, including country- and region-
wise data and forecast market size (2021 to 2026) - Download a Sample Report

Digital Video Recorder Market ? Market Dynamics
Key factor driving market growth
A key factor fueling the global digital video recorder market growth is the increasing penetration of mobile computing devices. The growth can be attributed to factors such as growing digital literacy, rising per capita income, the availability of low-cost smartphones, investments in communication network infrastructure, and increasing Internet penetration. All vendors in the market offer subscription video-on-demand (SVOD), advertisement-based video-on-demand, and TVOD formats, such as Netflix, Amazon.com, and AT&T. The rapid penetration of mobile devices has encouraged market vendors to develop mobile apps for streaming. The apps also record the personal information of users, helping vendors retain customers through target advertising. Hence, the rising penetration of mobile computing devices will positively impact the growth of the global DVR market during the forecast period.

Major challenges hindering the market growth

A key challenge that may impede the global digital video recorder market growth is the slow internet speed that leads to disruptions in video surveillance and the high cost of transmitting videos. Most broadband or high-speed Internet service providers provide asymmetric connections. Furthermore, Internet speed has been low in developing countries such as India and China. This is because of the low spending on infrastructure. In most countries in Europe and MEA, the generated network traffic is routed through servers located in Europe. This is the main reason for the low speed of the Internet. As for video surveillance, a high upload speed is required for transmitting video feeds. This may hinder the growth of the DVR market during the forecast period.

Insights on market drivers, trends, & challenges, and forecast period (2021 to 2026)
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Digital Video Recorder Market Scope

Report Coverage


Base year


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of 7.31%

Market growth 2022-2026

USD 6.76 billion

Market structure


YoY growth 2021-2022 (%)


Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 35%

Key countries

US, China, Japan, Germany, and UK, Canada, Mexico, Italy,Spain, India, Japan, Australia, and South Korea

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

ALE International, AT&T Inc., Canon Inc., Cisco Systems Inc., Comcast Corp., CommScope Holding Co. Inc., Dell Technologies Inc., DISH Network Corp., EchoStar Corp., Honeywell International Inc., Johnson Controls International Plc, Panasonic Holdings Corp., Renesas Electronics Corp., Robert Bosch GmbH, Sony Group Corp., Technicolor SA, Teledyne Technologies Inc., Xperi Holding Corp., Zhejiang Dahua Technology Co. Ltd., and Zoom Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio Consumer Discretionary?market reports???????????? 

Table of Contents?????

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Deployment

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

·  10.4 AT&T Inc.

11 Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

SOURCE Technavio

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