Video Encoder Market 2021-2027
New Research Report “Video Encoder Market , Industrial Analysis, Market Dynamics, Growth Analysis, Regional Analysis, Size, Share, and Forecast 2021- 2027”.
Market Overview
The study of market analysis of the Video Encoder Market focuses on the key elements and the market dynamics of a specific market within that industry. Video Encoder Industry study is an essential part of the industry analysis that focuses on the aspects associated with the SWOT analysis. The survey report analyses the elements, such as the strengths, weaknesses, opportunities, and threats of every individual manufacturing company.
With the help of the Video Encoder Industry Report analysis, every new or established manufacturer can gain knowledge about the business strategies and planning by the significant key marketers who are having a strong base. The documentation is prepared by investigating the company’s activities related to their planning, decision making, purchase, capital investment, innovation, workforce, business expansion strategy, facility expansion, promotional activities, and many other aspects of a company.
Market Dynamics of Video Encoder Industry
The rising awareness among the global population for the product benefit tends to increase the production of a product of the Video Encoder Industry in a positive way. The manufacturers are hopeful about the possibilities of their market growth. And the analyst is also prepared the report by predicting the high growth rate than the recent rate of growth. A wide range of market players is the vital factor to gain the attraction of the larger buyers, as well as the regional market, existed across the globe.
Market Research Future (MRFR) predicts the global Video Encoder Industry 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.
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COVID-19 Impact on the Global Video Encoder Industry
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.
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 Industry has been segmented based on type, component, application, channel, and end-user.
Based on type, the global Video Encoder Industry has been segmented into stand-alone and rack mounted.
Based on components, the global Video Encoder Industry has been segmented into hardware video encoders and software video encoders.
Based on application, the global Video Encoder Industry has been divided into Internet protocol television (IPTV) & cable, multiscreen, post-production, enterprise, satellite, and others.
Based on the channel, the global Video Encoder Industry has been segmented into single-channel and multiple channels.
Based on end-user, the global Video Encoder Industry has been segmented into military and defense, commercial, retail, and residential.
Regional Analysis
By region, the global Video Encoder Industry 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 Industry.
Summary
The global Video Encoder Industry 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 Industry. 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 Industry Manufacturers
Video Encoder Industry Distributors/Traders/Wholesalers
Video Encoder Industry Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Major Key Points from Table of Content:
1 Executive Summary
2 Market Introduction
2.1 Definition 15
2.2 Scope Of The Study 15
2.3 Market Structure 15
2.4 List Of Assumptions 16
3 Research Methodology
4 Market Dynamics
5 Global Video Encoder Industry, By Component
6 Global Video Encoder Industry, by Technology
7 Global Video Encoder Industry, by Application
8 Global Video Encoder Industry, By Industry
9 Global Video Encoder Industry, 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.
About Us:
Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
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