"According to a market report by Lucintel, the future of the global Cloud Dvr market looks promising with opportunities in the residential and commercial applications. The global cloud DVR market is expected to reach an estimated $12.1 billion by 2030 with a CAGR of 16.7% from 2024 to 2030. The major drivers for this market are growing demand for inexpensive and higher-quality pictures, increasing television network digitisation, and rising preference for next-generation video streaming devices.

A more than 150 – page report is developed to understand Trends, opportunity and forecast in cloud DVR market to 2030 by type (HEVC, MPEG-4, and others), network model (satellite, cable, and telco), application (residential and commercial), and region (North America, Europe, Asia Pacific, and the Rest of the World)In this market, HEVC and MPEG-4 are the two major segments of cloud DVR market by type. Lucintel forecasts that HEVC is expected to witness higher growth over the forecast period due to its widespread use for various purposes, such as video streaming, broadcasting, and video storage.

Within this market, commercial is expected to witness highest growth over the forecast perioddue to growing use of cloud DVR in this setting to support remote working environment, saving organizations time and money, and allow access to recordings from anywhere.

North America is expected to witness highest growth over the forecast period due to early adoption of technology and presence of significant cloud service providers in the region.

AT&T, Clark Howard, Cisco Systems, Telefonaktiebolaget LM Ericsson, Comcast, Broadpeak, Harmonic, Jefferson Telecom, Charter Communications, and Comcast are the major suppliers in the cloud DVR market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]