Scope of the Study
Cloud DVR i.e. Cloud Digital Video Recorder works like Video Cassette Recorders (VCR), which records videos in the form digital signals to the hard drives. The conventional DVRs use the local hard drives to store the video files in digital formats. In case of cloud DVR, the recorded videos are stored on the centralised cloud storages, which can be accessed whenever the user requires, irrespective of time and place or devices in which the user wants to run those video files. Cloud DVRs are majorly used in storing TV shows and videos in the service provider's data centre rather than storing them on local drives such as DVRs/set-top boxes. Conventional DVRs have many pitfalls such as storage limit and simultaneous video saving & broadcasting limits, which depends on the number of tuners used. For example, if the conventional DVR possess two tuners, then only single show can be watched while another has to be recorded. On the other hand, Cloud digital video recorder enables customers to store maximum content and save number of other shows that was being broadcasted at the same time.
The market study is being classified by Type (Satellite, IPTV and Hybrid), by Application (Commercial Use and Home Use) and major geographies with country level break-up. According to AMA, the Global Cloud DVR market is expected to see growth rate of 24.25% and may see market size of USD5.1 Billion by 2024.
Ericsson (Sweden), Concurrent (United States), Nokia (Finland), Cisco Systems (United States), Imagine Communication (United States), Arris International (United States), Hansun Technologies, Huawei (China), ADB Limited (United Kingdom) and COMCAST (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are ABOX42 Gmbh (Germany), Broadcom Inc. (United States), Comtrend Corporation (Taiwan) and Edgecore Networks Corporation (Taiwan).
The Vendors having a strong hold in the market are Comcast Arris International Plc, Nokia Corporation, Huawei Technologies Co. Ltd., IBM Corporation Ericsson. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Cloud DVR market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Cloud DVR market by Type, Application and Region. On the basis of Type, IPTV are dominating the market in the year 2018 where as Hybrid stood as second largest market share.
On the basis of geography, the market of Cloud DVR has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Chipset, the sub-segment i.e. HEVC (HIGH EFFICIENCY VIDEO CODING) will boost the Cloud DVR market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growth in Digitization of Television Network
- The Shift to on-Demand Viewing
- Time Shifting as Well as Ad-Skipping Benefits
- Advent of Technologically Innovative Devices
- Operational Complexity
- Stringent Legal issues
- Easier to Inspect and Analyze Consumption Cycle
- Increasing Number of Cloud DVR Subscribers
Market Leaders and their expansionary development strategies
On June 19, 2018, Cisco systems Inc. has completed an acquisition with July Systems which is the enterprise-grade engagement platform provider with features such as instant customer activation, data-driven behavioral insights. Moreover, on August 2, 2018, Cisco systems Inc. has completed its acquisition of Duo security, which is unified access security and multi-factor authentication provider through cloud.
On September 12, 2018, T-Mobile has announced completion of its virtualized packet core buildout across domestic market using Cisco’s distributed software defined network (SDN) architecture.
Nowadays, in the cloud DVR services, keeping data secure as well as private is not so easy. There is often uncertainty under which jurisdiction cloud-based data falls to and, coupled with this, laws and regulations differ from country to country. In The United States, The NSA is always present with its PRISM project, and the ‘Patriot Act’ is there, too. Also, there’s a new law on the block named ‘CLOUD’, this permits U.S. intelligence to pull U.S. citizens’ data off foreign servers.
Key Target Audience
Cloud DVR Service Providers, Cloud DVR Service Distributors, Government Agencies, Broadcasting Regulatory Authorities, Telecom Industry Associations and Others
Customization in the Report Available:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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