Cloud DVR Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028
Cloud DVR Market: Snapshot
A DVR or a digital video recorder is an electronic device that has a digital storage. These devices can digitally record videos and store it. Cloud DVRs can help the user to record their favourite television programs and shows and store them through cloud service. Also, cloud DVRs can be accessed from anywhere and any device. Such factors are helping to increase the popularity of the cloud DVR market.
Some of the key driving factors for the growth of the global cloud DVR market are listed below:
A Digital Video Recorder (DVR) is a consumer electronic device with digital storage and DVRs are used to record videos digitally that get stored in the storage device in DVRs. Cloud DVRs enable the user to records television shows and programs on a cloud server and then makes the recorded content accessible to the user on any other end-user device.
Unlike tradition DVRs, which have the drawback of limited storage and simultaneous recording limit, cloud DVRs offer the user more storage to record more content and allow the user to record television shows at same time as they air. Another main difference between tradition DVRs and cloud DVRs is the absence of tradition physical device. The digital recording capability of a cloud DVR is integrated into the local network or cloud services offered by a service provider.
The main components of cloud DVRs include policy manager, scheduler, record manager, network-based DVRs (nDVR) manager, and other E2E components. The component consisting a video data plane in cloud DVRs processes and delivers the content to be stored with the help of a control plane in cloud DVRs that manages the work flow of video content stored by the device. Cloud DVRs are an integral part and modern form of nDVRs and are gaining more and more popularity among end-users and service providers.
Cloud DVR Market – Notable Developments
Some of the most prominent competitors operating in the competitive landscape of global cloud DVR market include –
Cloud DVR Market Dynamics
Cloud DVR Technologies Proves More Profitable and Cost-effective for Service Providers
Cloud DVR market is growing at a rapid pace with growing awareness about its convenience and cost-efficiency among video subscribers. However, cloud DVR is creating its place among not only end-users or subscribers, but telecom service providers are also turning to cloud DVR to avail its benefits. One of the major advantages of cloud DVR to service providers is that it slashed their set top box (STB) prices to a great extent.
This way, cloud DVR technologies are enabling service providers to plummet their capital expenses on STBs by deploying less expensive dumber boxes or deploying existing digital STBs in home. With a mounting number of service providers turning to the cloud DVR market to capitalize on the profitable opportunities, the cloud DVR market is likely to get highly competitive in the upcoming years.
Consolidation by Multinational Companies Creates Barrier to Entry for Small Businesses and Start-ups in Cloud DVR Market
While the cloud DVR market continues to witness exponential growth, leading players in the cloud DVR market have consolidated their positions in the market with a huge share in the market growth. Furthermore, leading players in the cloud DVR market are adopting inorganic growth strategy by acquiring local vendors and small- and medium-scale service providers in the cloud DVR market. Thereby, this creates major competitive challenges for new entrants in the cloud DVR market.
Ad-skipping and Time Shifting Features of Cloud DVR Continue to Boost Popularity among Subscribers
Another factor to boost popularity of cloud DVR as well as the growth of the cloud DVR market is its unique features such as time shifting and the feature that enables viewers to skip ads. The time shifting feature of cloud DVR technologies enables end-users to watch and record videos at the same time.
Furthermore, ad-skipping feature is another factor that is fetching viewership to cloud DVR services, triggering growth of the cloud DVR market. Recently, Google announced that it has lifted the ad-skipping restriction on most of the 60 channels, excluding The CW CBS Sports Network, and CBS, on YouTube TV. Thereby, as the viewer fast-forward through advertisements during their favorite television show, this feature is expected to trigger revenues in the cloud DVR market in the upcoming years.
Cloud DVR Market – Segmentation
Based on the chipset, the cloud DVR market is segmented into
Based on the platform, the cloud DVR market is segmented into
Based on applications, the cloud DVR market is segmented into
This study provides a particularized anatomy according to the L.E.A.P mechanism
The regional analysis offers market assays across:
The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.
Latest Trends and Cardinal Growth Prospects
The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.
Existing and Future Insights in Growth
The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.
Ascensions in Technology
Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.
The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.
The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.
An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.
The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!
This report is the key to questions such as:
What are the prominent factors that will help in reshaping the market growth?
Which trends have the potential to bring expansive growth for the market?
What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?
Which regions will emerge as champion growth contributors for the market?
Which aspects will serve as game-changers for the market?
What are the latest innovations in the market?
Which factors will hinder the growth of the market?
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