Market Overview
of Global Network Video Recorders market: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.
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.
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.
The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Network Video Recorders market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.
For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.
As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.
Research Scope
This report provides an overview of the global Network Video Recorders market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Network Video Recorders and its sub-markets in an intuitive way.
Key Companies in the global Network Video Recorders market covered in Chapter 3:
Hikvision
Surveon Technology
Vivotek
Honeywell International Inc.
Uniview
Kedacom
Panasonic Corporation
Toshiba
Pelco
Bosch
Dahua Technology
Axis Communications AB.
Hanwha Techwin
Johnson Controls International
CP Plus
Grandstream
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)
Key Factors Considered
COVID-19
Amid the COVID-19 crisis, the Network Video Recorders market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.
Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.
Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.
Chapter Outline
Chapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.
Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.
Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.
Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.
Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.
Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.
Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.
Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.
Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented.
Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2029Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.