Global Network Video Recorders Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Network Video Recorders Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A network video recorder (NVR) is a specialized computer system that includes a software program that records video in a digital format to a disk drive, USB flash drive, SD memory card or other mass storage device. An NVR contains no dedicated video capture hardware. However, the software is typically run on a dedicated device, usually with an embedded operating system. Alternatively, to help support increased functionality and serviceability, standard operating systems are used with standard processors and video management software. An NVR is typically deployed in an IP video surveillance system.

Market Overview:

The latest research study on the global Network Video Recorders market finds that the global Network Video Recorders market reached a value of USD 1805.34 million in 2022. It’s expected that the market will achieve USD 2568.96 million by 2028, exhibiting a CAGR of 6.06% during the forecast period.

Limitations

Because NVR involves chip technology and network application technology, in some relatively poor countries, due to the backwardness of network technology and chip technology, the quality of products produced needs to be improved, and it is more difficult to promote and use.
Due to the high maturity of DVR applications and the development of primary networking, such as the emergence of DVR/NVR products, NVR standardization has not been completed, etc. It is still difficult for NVR to become a mainstream alternative DVR in the past two years. NVR and DVR will also coexist for a long time.
Chips and other raw materials that produce NVRs are more expensive, and labor costs are more expensive in some developed regions.

Region Overview:

China had the highest growth rate of all regions.

Company Overview:

Hikvision is one of the major players operating in the Network Video Recorders market, holding a share of 24.04% in 2018.

Hangzhou Hikvision Digital Technology Co., Ltd. designs, develops, produces, and sells security and video surveillance products and solutions worldwide. The company offers optical cameras; access control, all-purpose card, video intercom, and burglary alarm products; multi-series thermal imaging camera and sensor products; and multi-series industrial camera products, as well as audio, switching value, radio frequency identification, temperature and humidity, pm2.5, geographical coordinates, and camera azimuth devices.

Zhejiang Dahua Technology Co., Ltd. operates in the security video surveillance industry worldwide. The company offers front-end products, including watchman panorama infrared network, dual-camera behavior analysis network, multi-dimensional sensing network, AI ecosystem network, AI entrance and exit image-capturing, thermal imaging, 4k 4-camera network, spherical network, and linkage network cameras. It also provides storage products, such as smart NVR and IVSS products, vehicle travelling data recorders, HDCVI products, and face-recognition attendance integrated machines; central products comprising smart structured video, vehicle secondary analysis, passenger flow statistics, and other intelligent servers; and cloud computing and big data products and services.

Segmentation Overview:

Among different product types,32 Channels segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Commercial segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Network Video Recorders market covered in Chapter 3:

Honeywell International Inc.
CP Plus
Pelco
Toshiba
Hikvision
Panasonic Corporation
Grandstream
Hanwha Techwin
Johnson Controls International
Kedacom
Bosch
Vivotek
Uniview
Surveon Technology
Axis Communications AB.
Dahua Technology

In Chapter 4 and Chapter 14.2, on the basis of types, the Network Video Recorders market from 2018 to 2029 is primarily split into:

2 Channels
4 Channels
8 Channels
16 Channels
32 Channels
64 Channels
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Network Video Recorders market from 2018 to 2029 covers:

Commercial
Industrial
Residential

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)