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Global Digital Recorder Market - Drivers and Forecasts by TechnavioTechnavio analysts forecast the global digital recorder market to grow at a CAGR of more than 7% during the forecast period, according to their latest report. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170816005387/en/ 
Technavio has published a new report on the global digital recorder market from 2017-2021. (Graphic: Business Wire) The research study covers the present scenario and growth prospects of the global digital recorder market for 2017-2021. The market is segmented based on application (professional application and personal application) and geography (the Americas, EMEA, and APAC). The revenue of the global digital recorder market is increasing. This is mainly attributed to the high prices of professional voice and video recorders. Other reasons for the increasing market revenue are their increasing adoption in the media and entertainment industry, tourism industry, and by the general population for uploading and sharing videos and voice recordings on the social media platforms. Many professional videographers post their interests online to advertise their work as part of marketing their products. This is increasing the demand for professional and high-quality video recorders. This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. Technavio media and entertainment research analysts highlight the following three factors that are contributing to the growth of the global digital recorder market:
Technavio's sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more. High growth of entertainment industry The entertainment industry has a huge dependency on shooting and recording devices like digital cameras, digital video recorders, digital voice recorders, and camera cables. The entertainment industry is growing across nations. India, the US, and Nigeria produce the largest number of films. Ujjwal Doshi, a lead consumer electronics research analyst at Technavio, says, "The rapid growth of the film industry drives the growth of the entertainment industry. Digital recorders are highly used to record concerts. The increased revenue is attributed to the increasing demand for the entertainment industry. Moreover, the rising number of concerts and their increasing number of audiences are also propelling the growth of the entertainment industry. The high growth of the entertainment industry drives the use of various film shooting equipment, such as digital recorders, for easy and high-quality recording. The increasing growth of the global entertainment industry drives the adoption of digital recorders." Long-term recording ability The use of professional dictation recorders and video recorders offers numerous benefits over smartphones. For instance, an iPhone (News - Alert) runs out of storage at least once a month, whereas professional recorders offer removable storage which can be changed like a tape. A 32 GB SD card holds up to 350 hours of high-quality video storage. These video recorders also show the available storage space remaining and the battery life information on its display screen. "Smartphones continuously store the recordings, deleting the apps in the background that use the operating system. This leads to a continuous change in the memory available for recording. Hence, it becomes difficult for smartphones to judge the recording time left on the phone. Moreover, the recording is paused or broken in the case of incoming calls. Therefore, to record long events, digital recorders are preferred over smartphones for professional recording purposes," adds Ujjwal. Long battery life Smartphones often tend to lose on battery life because of the connections to Wi-Fi and calls. A smartphone lasts for only about eight hours of continuous recording on a full charge. Professional digital recorders use lithium ion rechargeable batteries that save energy while offering long-duration recordings. Therefore, a digital voice recorder can record for 50 hours continuously. Most digital recorders automatically adjust the power consumption while being used, which greatly helps in minimizing the energy use. Recording of an important event cannot be stopped due to a discharged battery of a smartphone. Many professionals, such as lawyers, consider recording to be a daily activity where the professionals are dedicated to the creation of document and use of multiple recordings. Any delay in the document being delivered to a client would cost a case to the lawyers. Browse Related Reports:
About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. If you are interested in more information, please contact our media team at [email protected].
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