This market study by Technavio segments the global digital video recorder market by platform (cable, IPTV, DTT, and DTH) and by geography (EMEA, APAC, and the Americas). The report also includes an analysis of the key trends, drivers, and challenges in this market. Leading vendors included in this market analysis are DirectTV, Cisco, LG, Panasonic, Samsung, and Tivo.
Technavio has released its new market research report, global DVR market, which is expected to grow at a CAGR of 14% between 2015 and 2019. Strong growth rate of this market can be attributed to factors like the growing number of TV subscribers and the mandatory digitalization of television content. Currently, the Americas dominate the global market for digital video recorder (DVR), occupying around 49% of the total market share. However, APAC is estimated to post the highest market growth rate during the forecast period, owing to its growing number of TV subscriptions.
“The market is witnessing a new concept of cloud-based DVRs which enables consumer’s access to stored cloud content from anywhere, at any time, from any device. These cloud-based DVRs eliminate the limitation that the consumers face in recording their shows, space constraints, and the type of devices used to watch the recorded content. Several companies such as Alcatel-Lucent, Cisco, and TiVo have upgraded to cloud technology for their DVRs,” says Navin Rajendra, Lead Analyst, Media & Entertainment, Technavio Research.
Technavio’s market research analyst has estimated the DTH segment to show the highest market growth rate during the forecast period. Features like the availability of HD channels, pay-to-use channels, easy user-interface, digital video recording, and value-added services are responsible for its rapid adoption during the next four years.
The leading vendors in the global DVR market include DirectTV, Cisco, LG, Panasonic, Samsung, and Tivo. This market has immense growth opportunities and is highly competitive due to the presence of multiple vendors. However, factors like intense competition, rapid advances in technology, and frequent changes in consumer preferences pose significant challenges for the vendors in this market.
A more detailed analysis is available in the Technavio report, Global DVR Market 2015-2019.
We can customize this reports by other regions and specific segments upon request.
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