Hikvision DS-7732NI-M4/16P 32-Channel 1.5U 32MP   NVR (No HDD)

Features:

• H.265 /H.265/H.264 /H.264 video formats
• Up to 32-ch IP camera inputs
• Up to 32-ch@1080p decoding capacity
• Up to 320 Mbps incoming bandwidth
• 16 PoE Ports
• HDD not included