Digital Video Recorder Market to Grow at 14.82% CAGR to 2019 Led by DTH Segment
PUNE, India, November 27, 2015 /PRNewswire/ --
The growing number of smart homes is an emerging trend in the digital video recorder (DVR) 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.
Complete report on global digital video recorder market spread across 66 pages, profiling 6 major companies and supported with 29 data exhibits is now available at http://www.sandlerresearch.org/digital-video-recorder-market-2015-2019-global-market-analysis.html .
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.
The analysts forecast global digital video recorder (DVR) market to grow at a CAGR of 14.82% over the period 2014-2019. To calculate the market size, the report considers revenue generated from the sales of DVR through cable, DTH, IPTV, and DTT.
The 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 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. The following companies are the key players in the global digital video recorder market are DirectTV, Cisco, LG, Panasonic, Samsung and Tivo. Order a copy of Digital Video Recorder Market 2015-2019 - Global Market Analysis report @ http://www.sandlerresearch.org/purchase?rname=46382.
The 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.
The geographical analysis of the digital video recorder market says at present, the Americas dominate the DVR market followed by the EMEA and the APAC regions. However, as the DVR market in APAC is still in its nascent stage, it is estimated to post the highest market growth rate during the forecast period. High market growth rate of this region can be attributed to its large overall TV subscriber base.
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.
Explore other new reports on semiconductor & electronics market at http://www.sandlerresearch.org/market-research/semiconductor-electronics .
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