Global Cloud DVR Market 2018-2022
About Cloud DVR
The cloud DVR market is highly competitive owing to the presence of several large and small vendors. The level of competition among the players in this marketspace is intense and the vendors mainly compete based on factors such as price, user-friendly interface, value-added benefits, and service benefits. To attain a competitive advantage over the other players in the cloud DVR service market, the vendors have the need to develop new ideas and technologies and they should also integrate new technologies in their product portfolio.
Technavio’s analysts forecast the global cloud DVR market to grow at a CAGR of 26.78% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global cloud DVR market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of cloud DVR.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Cloud DVR Market 2018-2022
Technavio recognizes the following companies as the key players in the global cloud DVR market: ARRIS International, Cisco Systems, Ericsson, and Nokia
Other Prominent Vendors in the market are: ABOX42, ADB, Broadcom, Comcast, Comtrend, Edgecore Networks, Hansun Technologies, and Huawei.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is evolution of next-generation video streaming devices. Advances in technology in the digital world are leading to the development of a new product range. Ever since the inception of video streaming Roku in 2008, vendors in the digital video content and video services market have invested heavily in the development of new technologically advanced devices”
According to the report, one of the major drivers for this market is increasing digitization of television networks to be one of the primary growth factors for the cloud DVR market. The digitization of television networks will provide consumers with HD audio and video at lower price. Moreover, digitization also aids service providers in offering more channels at lower costs. Consumers will also increasingly demand digitization since it gives them easy access to a broader range of television channels and better picture quality, which will in turn, fuel the adoption of cloud DVR services.
ARRIS International, Cisco Systems, Ericsson, and Nokia, ABOX42, ADB, Broadcom, Comcast, Comtrend, Edgecore Networks, Hansun Technologies, and Huawei.