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Network Video Recorder (NVR) Server Market Segmented By end use that is industrial and residential.
Almost all type of end-users (industrial, government and residential) have a presence on the Internet and has an enterprise network connection. Network video recorder server market is one of the significantly increasing market because of increased instances of terrorist attacks have resulted in increased spending by governments and institutions worldwide on video surveillance.
Due to growing smart city initiatives and growing need to prevent unauthorized access has paved the way for adoption of video surveillance solutions by residential users. Several residents are installing video surveillance systems because of the increasing number of crimes.
Network video recorder servers are reliable IP video surveillance solution servers are used for centralized surveillance management. Network video recorder server’s unique feature allows users to monitor multiple devices.
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The major growth drivers of the network video recorder (NVR) server growing security and privacy concerns and the increasing increased instances of terrorist attacks in various countries such as U.S., India, China, U.K., France and Germany.
In addition, the growing installation of video surveillance in highways, streets, bridges, stadiums, parks, educational buildings, religious buildings, government buildings, embassies, airports, railway stations, and bus stops in various regions will drive the growth of network video recorder (NVR) server market.
Major challenges of network video recorder (NVR) server market is the high installation cost. In addition, macroeconomic situations such as currency exchange rates and economic difficulties are some of the major factors which may hamper the growth of network video recorder (NVR) server market across the globe.
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Key contracts
Key Players
Some of the major players in global network video recorder (NVR) server market are Axis Communications, Bosch security systems, Hangzhou Hikvision Digital Technology, Honeywell Security, Tyco, Avigilon, FLIR Systems, Genetec, Panasonic, S2 Security, Schneider Electric, and Siemens
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North America is holding the largest market share for network video recorder (NVR) server market due to rise in demand from various industry verticals and increasing security concerns. Due to government initiatives for smart cities Asia Pacific will hold maximum market share for network video recorder (NVR) server in near future.
Europe is fastest growing market for network video recorder (NVR) server due to increase in penetration of internet. Sturdy economic progress and the growing momentum of security concern, the risk of terrorist attacks, driving the growth of network video recorder (NVR) server market in MEA region. The Demand for network video recorder (NVR) server market has risen dramatically over the past two years globally.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
