Surveillance Digital Video Recorder (DVR) Market is Expected to Grow of US$ 16.55 billion by 2034

The global surveillance digital video recorder (DVR) market is set to reach a valuation of US$ 8.53 billion in 2024 and further expand at a CAGR of 6.9% to end up at US$ 16.55 billion by the year 2034.

In the current market scenario, there is a high need for enhancing the efficiency and effectiveness of security and monitoring systems. This is being fulfilled by surveillance DVRs. These DVRs come with advanced technological solutions such as AI-powered analytics and cloud-based storage, which are revolutionizing the way surveillance data is processed and accessed. This makes it easier for users to monitor and respond to security threats in real time.

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Surveillance DVRs are now widely used as an essential part of security and smart city systems. These devices are used as the fundamental components of current security systems. Surveillance DVRs have applications in various industries, including commercial, industrial, and residential. This is due to the need for reliable systems for security management, along with the expansion and development of cloud-based storage, remote viewing, and artificial intelligence.

Key Companies Profiled
Oracle Corporation; IBM Corporation; Advantech Corporation; Digilogistics Technology Ltd; Cisco Systems; Arkessa; Orbcomm Inc.; IDIS; NOTE; Other Prominent Players.

“Growing Demand for Video Analytics and Intelligent Surveillance Solutions”
The surge in the demand for video analytics and intelligent surveillance solutions has emerged as a critical driver for surveillance digital video recorder market. As security threats become more sophisticated, businesses and institutions are turning to advanced technologies to enhance their surveillance capabilities. Video analytics allow for real-time monitoring, facial recognition, object detection, and behavior analysis, providing a more productive and intelligent approach to security.

Intelligent surveillance solutions enable automated alerts, reducing the need for constant human monitoring. This efficiency not only enhances security but also cuts down on labor costs. As organizations increasingly seek automated solutions, demand for advanced surveillance DVR systems continues to grow, reinforcing their role as a key element in modern security infrastructure.

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Competitive Landscape
Key players in the surveillance DVR industry remain keen on diversifying their product offerings and are seeking new opportunities in various markets where these is an increasing need for high-level security systems. They are researching advanced technologies and broadening the spectrum of their services to offer integrated, efficient, and measurable solutions for numerous security requirements in other sectors.

Leading DVR suppliers are continually seeking market expansion and diversification to compete with other players in terms of providing a wide range of products that incorporate new security technologies to cater to customer demand across different industries.

On July 4, 2023, D-Link Corporation, a global leader in networking solutions, launched its range of surveillance solutions The new Indigenous Series includes IP cameras and video recorders designed specifically to address the security concerns of Indian consumers. This move aligns with the Indian government’s ‘Make in India’ initiative and leverages D-Link’s business intelligence gathered in India to offer an extensive surveillance range suited for local market conditions.

Market Segmentations:
By Type :

Standalone (Embedded)
DVR
PC-based DVR

By Channel Type :
1 Channel
4 Channels
8 Channels
16 Channels
32 Channels
64 Channels

By Application :
Business Security
Home Security
Traffic Monitoring
Retail Loss Prevention
Public Safety
Educational Institutions
Healthcare Facilities
Industrial & Manufacturing
Defense & Military
Others

By Storage Capacity :
Less than 1 TB
1 to 5 TB
Above 5 TB

By Enterprise Size :
SMEs
Large Enterprises

By Region :
North America
Latin America
Western Europe
Eastern Europe
East Asia
South Asia & Pacific
Middle East & Africa

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