Video Encoder Market 2021-2027
New Study Reports “Video Encoder Market 2021 Global Sizing and Growth, Dynamics, Competitive Landscape, SWOT Analysis and Forecasts 2027” has been Added on Market Research Future.
Market Overview
This report provides in depth study of “Video Encoder Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Video Encoder Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
The study objectives of Video Encoder Market report are continuously involved in the research of the profile of key players that are established in recent times to keep the record updated. To keep the growth rate very smooth and stable, the research team carefully go through the manufacturing company’s strategy & planning of development and then analyze them for growth opportunity.
The professional study and research Video Encoder Market report consider the growth that is estimated according to the market size every year.
Market Research Future (MRFR) predicts the global video encoder market to reach USD 2.69 billion, registering a CAGR of 5.8% from 2019–2026 (forecast period).
Video encoders are devices or circuits that convert analog video signals into video streams by connecting them to analog video cameras. Different IP networks, such as LAN, intranet, and internet, carry the signals. The increased use of cameras has increased the need for video encoders in a variety of industries and residential areas. Furthermore, as digitalization has increased, the use of video encoders in military and defense as well as government activities for broadcast and surveillance has increased, which is regarded as one of the market’s driving forces.
Furthermore, the increased adoption of cloud services has fuelled the market growth. Since the cloud offers a vast amount of storage space for data, it is more convenient for users to store data on the cloud rather than on hard disks or other physical storage devices; this helps to reduce costs. Furthermore, the growing popularity of the high-efficiency video coding (HEVC) standard is propelling the market’s growth globally. Furthermore, the advent of multi-channel video encoders has allowed the user to produce several different streams, resulting in a decrease in hardware.
COVID-19 Impact on the Global Video Encoder Market
The COVID-19 pandemic is driving substantial growth in the video encoder industry. The global spread of the novel coronavirus has resulted in nationwide lockdowns and company closures. The global economy and workforce have been affected by partial or total nationwide lockdowns. Furthermore, the constraints that confine people to their homes have proven to be responsible for driving demand for video streaming services like Amazon Prime, Netflix, and Hotstar. During the lockdown, the growing trend of live video streaming, video streaming, and video content over the Internet has increased the demand for video encoders. The video encoders allow the user to play a recording live on the screens. According to the MRFR study, more than half of the population is using video streaming services compared to the pre-COVID-19 outbreak. On the other hand, several of these platforms are seeing a significant increase in traffic.
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Key Players
The report has profiled some of the Important players prevalent in the global like – Axis Communications AB (Sweden), Harmonic Inc (US), Truen Ltd (Korea), VITEC (US), Hangzhou Hikvision Digital Technology Co., Ltd (China), Haivision (Canada), Zhejiang Dahua Technology Co., Ltd (China), Arris International Limited (US), Cisco Systems Inc (US), Bosch Security Systems (US), Ateme SA (France), Delta Information Systems, Inc. (US), Matrox (Canada), Motorola Solutions (US) and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Video Encoder.
Market Segmentation
The global video encoder market has been segmented based on type, component, application, channel, and end-user.
Based on type, the global video encoder market has been segmented into stand-alone and rack mounted.
Based on components, the global video encoder market has been segmented into hardware video encoders and software video encoders.
Based on application, the global video encoder market has been divided into Internet protocol television (IPTV) & cable, multiscreen, post-production, enterprise, satellite, and others.
Based on the channel, the global video encoder market has been segmented into single-channel and multiple channels.
Based on end-user, the global video encoder market has been segmented into military and defense, commercial, retail, and residential.
Regional Analysis
By region, the global video encoder market has been segmented into North America, Europe, Asia Pacific, and the rest of the world.
Because of major investments made by companies in the development of new technologies, North America accounted for the largest market share in 2018. Increasing urbanization and increase services for video encoding in the area are driving the market. Furthermore, the growing popularity of video streaming, live video streaming, and other video content over the Internet have increased the demand for video encoders, propelling the market forward. The video encoders share information in real-time, allowing the user to make informed decisions. For example, in traditional CCTV, video footage was stored on DVDs, which were then played on players after the recording; however, encoders enable the user to play the recording live on the screens, removing the need for additional hardware and thus lowering the cost. Furthermore, the region’s adoption of advanced technology and the existence of various key players are some of the key factors driving the video encoder market.
Summary
The global video encoder market is set to reach USD 2.69 billion, registering a CAGR of 5.8% from 2019–2025 (forecast period). The growing adoption of cloud services as a result of the availability of enough data storage space is driving market development. Due to high investments made by companies in the region for the production of such technologies, the North America region accounted for the largest share of the video encoder market. The institutional partnership arrangement between equipment manufacturers, a partnership between network arenas and government, and high investments in cloud-based services are the factors driving the growth of the video encoders industry.
Key Stakeholders
Video Encoder Market Manufacturers
Video Encoder Market Distributors/Traders/Wholesalers
Video Encoder Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Important Key Points from Table of Content:
1 Executive Summary
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Global Video Encoder Market, By Component
6 Global Video Encoder Market, by Technology
7 Global Video Encoder Market, by Application
8 Global Video Encoder Market, By Industry
9 Global Video Encoder Market, By Region
10 Competitive Landscape
And more
Continued…
Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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