Global NVR Server Market 2017-2021
About NVR Server
A network video recorder (NVR) server works with either wired or wireless IP cameras that connect to a router. Routers enable the communication of IP cameras with the NVR. IP cameras also process videos from analog to digital in the camera, making the system more efficient. NVR server systems connect to a computer or storage device via the Internet or a local area network (LAN). This reduces the cost of wiring and allows the cameras to be placed in areas that require monitoring. Though NVR server surveillance systems are popular due to their wireless features, there are some disadvantages. If the local network or Internet fails, valuable camera footage might be lost, thus compromising security. In addition, other devices such as phones or physical walls can cause interference, resulting in poor video quality or loss of signal.
Technavio’s analysts forecast the global NVR server market to grow at a CAGR of 14.52% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global NVR server market for 2017-2021 . To calculate the market size, the report considers the revenue generated by the sales and shipments of NVR servers.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global NVR Server Market 2017-2021
Technavio recognizes the following companies as the key players in the global NVR server market: Axis Communications, Bosch security systems, Hangzhou Hikvision Digital Technology, Honeywell security, and Tyco
Other Prominent Vendors in the market are: ADT, Avigilon, AxxonSoft, FLIR Systems, Genetec, Hanwha Techwin, MOBOTIX, Motorola, Panasonic, S2 Security, Salient Systems, Schneider Electric, Siemens, and Toshiba.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing popularity of VSaaS. Vendors in the global IP video surveillance market are offering cloud-based video surveillance or VSaaS. Using VSaaS, companies can benefit from numerous advantages such as pay-per-use, easy deployment, low initial investment and maintenance, and instant access. VSaaS is rapidly being adopted in small to large enterprises and governments. In addition, due to the low-entry barriers, a large number of vendors are entering the market and providing VSaaS. The VSaaS model includes various services such as on- and off-site storage, remote video monitoring, cloud-based video content analytics, and real-time monitoring via the Internet.”
According to the report, one of the major drivers for this market is Growing security concerns. Increased instances of terrorist attacks have resulted in increased spending by governments and institutions worldwide on video surveillance. Large enterprises and governments of different countries are increasingly using video surveillance equipment to curb such anti-social activities these days. For instance, in the Netherlands, the government is planning to install IP cameras near railway stations for public safety. Stringent regulations have also been passed by governments to increase security by installing video surveillance equipment in public locations such as airports, hospitals, hypermarkets, hotels, railway stations, malls, and hotels. A recent instance has been the attack on French magazine Charlie Hebdo's office in Paris that killed many people. The footage of criminals was captured by cameras installed in the premises that helped the police identify the criminals.
Further, the report states that one of the major factors hindering the growth of this market is Integration issues. One of the major challenges faced by the vendors in the market is the integration of their products with other security solutions. In many cases, end-users choose assembled surveillance systems instead of the complete package. In this scenario, there can be an integration issue, in which the specification of a particular product offered by one vendor might not be compatible with those offered by another vendor. This can limit the purchase of individual surveillance cameras, encoders, NVR servers, and software. This will have a negative impact on the rate of adoption of video surveillance systems, affecting the revenue flow in the market.
Axis Communications, Bosch security systems, Hangzhou Hikvision Digital Technology, Honeywell security, Tyco, ADT, Avigilon, AxxonSoft, FLIR Systems, Genetec, Hanwha Techwin, MOBOTIX, Motorola, Panasonic, S2 Security, Salient Systems, Schneider Electric, Siemens, and Toshiba.
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