The U. Accounts for Over The country currently accounts for a China, the world second largest economy, is forecast to reach an estimated market size of
Global Digital Video Recorders Industry (2020 to 2027) - Market Trajectory & Analytics
Car DVR Market to Reach USD Million by ;
Pune, Aug. Rising investments in technological integration have played a huge role in market growth. The presence of several large scale companies operating on the global stage will provide impetus to market growth. A car digital video recorder DVR is a portable camera that is used in vehicles to record the journeys. These devices are used to document accidents and thefts. This system automatically records the captured image and video on a dedicated memory card that acts as a peripheral within the system. The technological advancements in cameras and the improvements in resolutions of cameras and decrease in physical sizes have emerged in favor of adoption of the device.
DVR Market Penetration: Riding a Provider-Powered Wave
Increased digitization of television broadcasting along with rise in number of broadcast channels and rise in penetration of smartphones and smart devices will further drive the Digital Video Recorder Market. Rising adoption of cloud based digital video recorders is expected to propel the growth of DVR market during the forecast period owing to the shift towards cloud based solutions. Rise in interest to watch content anytime and surge in demand for multi screen viewing among consumers are key drivers of the cloud based digital video recorder market. Bottlenecks in on-site storage drives may pose a challenge to the digital video recorder market.
Invalid Name. Invalid Email. Invalid contact no. Invalid Security Code. Digital video recorder refers to the technology used for recording audio and video in a digital format within a storage device such as USB flash drive, SD memory card, and any other networked or local mass storage device.