Market Overview:
The global digital recorder market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for digital voice recorders and digital video recorders across professional and personal applications. North America is expected to dominate the global digital recorder market in terms of revenue, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
A digital recorder is a device used to record audio or video in digital form, as opposed to analog form. Analog recordings are susceptible to noise and degradation over time, while digital recordings are not. This makes them ideal for long-term storage or repeated playback. Digital recorders come in a variety of forms, including standalone devices, those built into smartphones and tablets, and software applications that run on personal computers.
Digital video recorders:
Digital video recorders, also known as DVRs or digital camcorders are electronic devices that can record television programs and other similar multimedia events in the form of digital files which can be later played back on a computer or television. The growth factor in the market is its ability to offer features such as time-lapse recording, motion detection, continuous recording and instant replays which was earlier only available with high priced network cameras.
Digital voice recorders:
Digital voice recorders are electronic devices that capture the sound from a microphone and convert it into digital form. The digital data is then stored on a hard drive, flash memory or other storage medium. Voice recorders can be used for recording lectures, seminars, oral history interviews and for family gatherings as well as for professional purposes such as tape-recorded telephone calls or radio news broadcasts.
Application Insights:
The professional applications segment held the largest share of over 70.0% in 2017. The growth is attributed to the increasing demand for DVRs by security agencies, government organizations and police departments for recording and monitoring activities in real-time. Furthermore, growing adoption of these devices by sports coaches, film producers and media personnel for reporting purposes is also expected to drive the global demand over the forecast period.
The personal applications segment accounted for a significant share in 2017 owing to rising usage of DVRs at home or at an office as a surveillance device by private individuals or groups that need recorded evidence regarding some illegal or criminal act taking place near their property/premises. Growing awareness about such uses among consumers has resulted in increased product penetration across homes globally as they are increasingly seen as a safeguard against crime including burglary, theft etc.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of key players such as Sony Corporation; Panasonic Corporation; and Samsung Group. These companies are actively involved in developing advanced products for different applications, which is expected to drive the regional demand over the forecast period. Moreover, increasing government initiatives for deploying digital recorder systems at various levels is also expected to propel industry growth over next eight years.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to rising disposable income coupled with growing adoption of technology among consumers especially in India and China. Increasing penetration of these recorders in retail stores due their portability has increased their availability for consumer purchase, thereby driving demand across this region during estimated time span from 2018-2030 (see Figure 1). Furthermore, growing investments by telecom operators such as Reliance Jio (India) Ltd.
Growth Factors:
- Increasing demand for digital recorders in the corporate sector for meeting and training purposes
- Rising demand from the music industry for recording vocals, instruments, and other sounds
- Increasing use of digital recorders in schools and colleges for educational purposes
- Growing popularity of voice recognition software that uses digital recordings to convert speech into text
- Proliferation of portable devices such as smartphones and tablets that can be used to record audio or video
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Recorder Market Research Report
By Type
Digital video recorders, Digital voice recorders
By Application
Professional applications, Personal applications
By Companies
Canon, Panasonic, Samsung Electronics, Sony, Koninklijke Philips, Olympus, TASACAM, Blackmagic Design, HC SHINCO INTERNATIONAL, Indigi, JVC, Kodak, Polaroid, Ricoh Company, Roland, Shenzhen CENLUX Digital Technology, Zoom
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Digital Recorder Market Report Segments:
The global Digital Recorder market is segmented on the basis of:
Types
Digital video recorders, Digital voice recorders
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Professional applications, Personal applications
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Canon
- Panasonic
- Samsung Electronics
- Sony
- Koninklijke Philips
- Olympus
- TASACAM
- Blackmagic Design
- HC SHINCO INTERNATIONAL
- Indigi
- JVC
- Kodak
- Polaroid
- Ricoh Company
- Roland
- Shenzhen CENLUX Digital Technology
- Zoom
Highlights of The Digital Recorder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Digital video recorders
- Digital voice recorders
- By Application:
- Professional applications
- Personal applications
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital Recorder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A digital recorder is a device that can be used to record audio or video.
Some of the key players operating in the digital recorder market are Canon, Panasonic, Samsung Electronics, Sony, Koninklijke Philips, Olympus, TASACAM, Blackmagic Design, HC SHINCO INTERNATIONAL, Indigi, JVC, Kodak, Polaroid, Ricoh Company, Roland, Shenzhen CENLUX Digital Technology, Zoom.
The digital recorder market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Digital Recorder Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Digital Recorder Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Digital Recorder Market - Supply Chain
4.5. Global Digital Recorder Market Forecast
4.5.1. Digital Recorder Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Digital Recorder Market Size (000 Units) and Y-o-Y Growth
4.5.3. Digital Recorder Market Absolute $ Opportunity
5. Global Digital Recorder Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Digital Recorder Market Size and Volume Forecast by Type
5.3.1. Digital video recorders
5.3.2. Digital voice recorders
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Digital Recorder Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Digital Recorder Market Size and Volume Forecast by Application
6.3.1. Professional applications
6.3.2. Personal applications
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Digital Recorder Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Digital Recorder Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Digital Recorder Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Digital Recorder Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Digital Recorder Demand Share Forecast, 2019-2026
9. North America Digital Recorder Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Digital Recorder Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Digital Recorder Market Size and Volume Forecast by Application
9.4.1. Professional applications
9.4.2. Personal applications
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Digital Recorder Market Size and Volume Forecast by Type
9.7.1. Digital video recorders
9.7.2. Digital voice recorders
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Digital Recorder Demand Share Forecast, 2019-2026
10. Latin America Digital Recorder Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Digital Recorder Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Digital Recorder Market Size and Volume Forecast by Application
10.4.1. Professional applications
10.4.2. Personal applications
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Digital Recorder Market Size and Volume Forecast by Type
10.7.1. Digital video recorders
10.7.2. Digital voice recorders
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Digital Recorder Demand Share Forecast, 2019-2026
11. Europe Digital Recorder Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Digital Recorder Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Digital Recorder Market Size and Volume Forecast by Application
11.4.1. Professional applications
11.4.2. Personal applications
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Digital Recorder Market Size and Volume Forecast by Type
11.7.1. Digital video recorders
11.7.2. Digital voice recorders
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveess/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Digital Recorder Demand Share, 2019-2026
12. Asia Pacific Digital Recorder Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Digital Recorder Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Digital Recorder Market Size and Volume Forecast by Application
12.4.1. Professional applications
12.4.2. Personal applications
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Digital Recorder Market Size and Volume Forecast by Type
12.7.1. Digital video recorders
12.7.2. Digital voice recorders
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Digital Recorder Demand Share, 2019-2026
13. Middle East & Africa Digital Recorder Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Digital Recorder Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Digital Recorder Market Size and Volume Forecast by Application
13.4.1. Professional applications
13.4.2. Personal applications
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Digital Recorder Market Size and Volume Forecast by Type
13.7.1. Digital video recorders
13.7.2. Digital voice recorders
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Digital Recorder Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Digital Recorder Market: Market Share Analysis
14.2. Digital Recorder Distributors and Customers
14.3. Digital Recorder Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Canon
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Panasonic
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Samsung Electronics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sony
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Koninklijke Philips
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Olympus
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. TASACAM
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Blackmagic Design
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. HC SHINCO INTERNATIONAL
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Indigi
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. JVC
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Kodak
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Polaroid
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Ricoh Company
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Roland
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Shenzhen CENLUX Digital Technology
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Zoom
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook