Network Video Recorder (NVR) Market Forecast and Analysis Report During 2016-2021 : Radiant Insights,Inc

A network video recorder (NVR) is a system that offers video recording in a digital format and can then be transferred to a secured storage device. Storage devices include SD cards, pen drives, and hard disk drives (HDD).

This system is primarily used for safety and security purpose. Non-security applications may include monitoring patient health in hospitals, monitoring manufacturing processes, pictographic communication, and live streaming of events.

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How it Works

An NVR system is preferably operated using an embedded operating system, such as Windows or Linux. The video management software is installed into a computer using an operating system. A network camera offers real-time recording as well as remote access to recorded and live images. These recorders are used in combination with network cameras, which capture images and transport compressed videos to the required network. An NVR system strictly works through IP Networks, thereby providing higher resolution.

Network-based video recording has several advantages, including better security, flexibility, and high-definition data. The major difference between digital video recorder (DVR) and NVR is that the former uses an analog camera while the latter uses an IP camera.

Flexible Surveillance System 

“AXIS Camera Station S2024” by Axis Communications is a compact surveillance system integrated with Power over Ethernet (PoE) switch and 12 TB storage. The system comprises all essential software as well as AXIS Camera Station video management software, thus resulting in less configuration time. Additionally, the system offers mid-sized installation in up to 24 channels. 

Moreover, the hardware is authenticated to achieve high-definition surveillance fit for 4K Ultra HD.

This system is also well-suited for other third-party cameras. The video management software empowers various advanced surveillance features such as site maps, powerful event configuration, flexible live-view layout, and effective alarm management system.

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Market Overview

According to a report available on Radiant Insights, Inc., rising need for security applications in government, commercial, and residential sectors is expected to boost the network video recorder (NVR) market. Rising adoption of IP cameras over analog cameras owing to increasing use of Internet of Things (IoT) is another major driving factor. Factors such as increasing fears over security and safety of life and assets and growing rate of crime and terrorist attacks can also spur the market.

North America dominated the market in recent years. However, Asia Pacific is projected to show robust progress during the forecast period due to increasing overseas ventures in the manufacturing sector.

Major players operating in the market include Axis Communications, Panasonic, Bosch, Samsung, and Honeywell.

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