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Cloud DVR market size to increase by USD 12,751.87 million

The Cloud DVR Market by Platform, Type, and Geography – Forecast and Analysis 2023-2027 report has been published by Technavio. Market size is forecast to grow by USD 12,751.87 million at a CAGR of 21.67% between 2022 and 2027.

By region, the global cloud DVR market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. North America is estimated to contribute 29% to the growth of the global market over the forecast period. Factors such as the evolving TV viewing behavior of people and the high presence of cloud DVR vendors are driving the growth of the regional market.

The market is driven by factors such as the emergence of technologically advanced devices, the increasing digitization of cloud DVR networks, and the growing subscriber base. However, the high adoption of free online video streaming is hindering market growth.

Competitive Analysis
The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share among others. Request a Sample

Market Segmentation

  • By platform, the market is segmented into hybrid, IPTV, and satellite. The hybrid segment accounted for the largest share of the market in 2022.
  • By geography, the market is segmented into North America, Europe, APAC, South America, and the Middle East and Africa. North America held the largest share of the market in 2022.

CT Bureau

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