Global NVR Server Market 2017-2021

Overview of the global NVR server market

Technavio’s market study identifies the increasing adoption of cloud-based services to be one of the primary factors that will contribute to the growth of the NVR server market during the next few years. Cloud-based services can be used across the globe without any time and location constraints. This is inducing organizations to increasingly focusing on cloud-based services to ensure a centralized and easy accessible database. Improper management often results in loss of critical data and cloud-based services offer efficient management of large data volumes and are also cost-effective. Furthermore, this deployment mode also provides scalability on demand and provides easy scalability of data. Owing to these advantages, the coming years will witness an increase in the adoption of cloud based services, which in turn, fuels the growth of the NVR server market. According to our analysts, this market will grow steadily at a CAGR of close to 15% by 2021.

One of the major trends that will gain traction in this network video recorder market trends in the coming years is the evolution of IoT. IoT devices are connected to the Internet to offer remote-controlled connectivity and efficient analysis. The efficiency of IoT is supported by the interconnected embedded software, hardware devices, IT-related services, and communication services and it aids in efficient remote monitoring and managing interconnected devices. Network video recorders (NVRs) is a component of IoT that records videos using IP cameras and storing them in hard disc drive (HDD). IoT faces high chances of data hacking due to the efficiency of data transmission.

Competitive landscape and key vendors

The NVR server market is significantly fragmented owing to the presence of several international, regional, and local vendors. According to the network video recorder server market analysis, the existing players in this network video recorder market and the new entrants are competing intensely in the niche segments. Owing to the increase in M&A, the coming years will witness market consolidation. The performance of the vendors in the NVR server market is impacted by the reducing profit margin and intense competition.

The leading vendors in the market are

• Axis Communications
• Bosch security systems
• Hangzhou Hikvision Digital Technology
• Honeywell security
• Tyco

The other prominent vendors in the market are ADT, Avigilon, AxxonSoft, FLIR Systems, Genetec, Hanwha Techwin, MOBOTIX, Motorola, Panasonic, S2 Security, Salient Systems, Schneider Electric, Siemens, and Toshiba.

Segmentation by end user and analysis of the NVR server market

• Government
• Industrial
• Residential

NVR servers are primarily used by the government NVR server market segmentation increased installation of security solutions in commercial areas and the emergence of smart cities. Governments and institutions make use of video service solutions to improve the security, curb terrorism, and prevent accidents.

Geographical segmentation and analysis of the NVR server market

• Americas
• APAC
• EMEA

The Americas account for the major share of the NVR server market due to the availability of a developed network infrastructure in North America that ensures seamless connectivity between video surveillance components. The rising crime rates in several countries of the Americas is contributing to the adoption of NVR servers in this region. 

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global NVR server market?
• What are the key market trends impacting the growth of the global NVR server market?
• What are the challenges to market growth?
• Who are the key vendors in the global NVR server market?
• What are the market opportunities and threats faced by the vendors in the global NVR server market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global NVR server market?

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