Digital Video Recorder Market 2015-2019 - Global Market Analysis
DVR, also known as personal video recorder, is a consumer electronic device that is connected to a TV. DVRs have internal hard drives with limited recording space and allow users to record, play, and rewind a particular cable or satellite TV program.
Technavio's analysts forecast the global DVR market to grow at a CAGR of 14.82% over the period 2014-2019.
Covered in this report
This report covers the present scenario and growth prospects of the global DVR market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of DVR through cable, DTH, IPTV, and DTT.
The global DVR market is fragmented with the presence of a large number of small and large vendors. The report includes the key vendors in the market; it does not present the market share of the vendors. In addition, it discusses the major drivers influencing market growth, outlines the challenges faced by the vendors and the market at large, and the key trends emerging in the market.
Technavio's report, Global DVR Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Digital Video Recorder Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Digital Video Recorder Market: DirectTV, Cisco, LG, Panasonic, Samsung and Tivo
Other Prominent Vendors in the market are: Alcatel-Lucent, Comcast, Dish Network, Echostar, Funai, Honeywell, Kabel Deutschland, Koninklijke Philips, Nuvyyo, Sony, and Time Warner Cable.
Commenting on the report, an analyst from Technavio’s team said: “The growing number of smart homes is an emerging trend in the market. In developed nations such as the US and the UK, many homes are upgrading into smart homes. A smart home connects CE devices, media and entertainment gadgets, and other smart electronics together into an interactive home network. DVRs are prominent devices featured in smart homes.”
According to the report, time-shifting and ad-skipping features are the main drivers of the adoption of DVRs. Using the time-shifting feature, the viewer can record and watch videos at any time, as well as rewind and play recorded videos. The ad-skipping feature allows viewers to fast-forward through commercials. With economic growth around the world, the income level of consumers has also increased; therefore, high-end multipurpose DVRs have become an affordable option for more people.
Further, the report states that the growing popularity of Internet TV services is deterring people from purchasing cable TV subscriptions. Linear TV services are in constant competition with streaming and Internet TV services such as Netflix, YouTube, and Hulu. In addition, as a result of the rapidly evolving nature of technology, manufacturers must consistently update their products to incorporate new technologies at least yearly.
DirectTV, Cisco, LG, Panasonic, Samsung, Tivo, Alcatel-Lucent, Comcast, Dish Network, Echostar, Funai, Honeywell, Kabel Deutschland, Koninklijke Philips, Nuvyyo, Sony, Time Warner Cable.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook