Portland, OR -- (SBWire) -- 09/20/2017 --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. It can be used to record television shows, movies, or for video surveillance using IP cameras. Digital video recorder provides high image quality, fast data retrieval, and, recording of different videos from different channels concurrently.

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The global digital video recorder market is expected to register substantial growth in the near future, attributed to increased digitization of television broadcasting, the rise in adoption of cloud based DVRs, and growth in demand for HD videos. Other factors that drive the digital video recorder market are increase in number of broadcast channels and rise in penetration of smartphones and smart devices. However, factors such as high initial cost, compatibility of videos, and requirement of large storage space are expected to restrict the growth of the market.

The report segments the digital video recorder market on the basis of type, application, user type, and geography. On the basis of type, the market is divided into the mobile DVR, turbo HD DVR, and others. As per application, the market is classified into the video surveillance, mobile computing, and others. On the basis of user type, the market is bifurcated into small & medium enterprises (SMEs) and large enterprises. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Comprehensive competitive analysis and profiles of major market players such as Alcatel Lucent, ARRIS International, plc, AT&T Inc., Broadcom Limited, Cisco Systems, Inc., Comcast Corporation, DISH Network L.L.C, EchoStar Corporation, Technicolor, and TiVo Corporation are also provided in this report.