DVR Market to Grow at 14.82%

Nov. 30, 2015
According to Sandler Research, the global digital video recorder (DVR) market will grow at a CAGR of 14.82% from 2014-2019, with the ...
According to Sandler Research, the global digital video recorder (DVR) market will grow at a CAGR of 14.82% from 2014-2019, with the direct to home (DTH) satellite video segment forecast to show the highest market growth rate during the forecast period. To calculate the market size, the research house considered revenue generated from the sales of DVR through cable, DTH, telco IPTV, and digital terrestrial TV (DTT).

At present, the Americas dominate the DVR market followed by the EMEA and the APAC regions. However, as the DVR market in APAC is still in its nascent stage, it is expected to post the highest market growth rate during the forecast period.

Sandler says the growing popularity of OTT video services is deterring people from purchasing cable TV subscriptions. In addition, as a result of the rapidly evolving nature of technology, manufacturers must consistently update their products to incorporate new technologies at least yearly.

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