Video Encoder Market Research Report 2017 of 194 pages explores Global Video Encoder Market valued at USD 1.70 billion in 2017 and is likely to grow at a CAGR of 4.26% between 2017 and 2023. Report provides Video Encoder Market Size, Share, Manufacturers, statistics, and opportunities Forecast to 2022. The global Video Encoder market is estimated to grow at a CAGR of 4.26% between 2017 and 2023.
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Video Encoder Company analysed in report are Harmonic Inc. (US), Telairity, Inc. (US), Hangzhou Hikvision Digital Co., Ltd (China), Axis Communications AB (Sweden), Haivision Systems Inc. (US) & (Canada), Dahua Technology Co., Ltd. (China), ARRIS International plc (US), Bosch Security Systems GmbH (Germany), ATEME SA.
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(France), Matrox Electronic Systems Ltd. (Canada), The Vitec Group plc (UK), and Delta Digital Video (US).
“The video encoder market to exhibit a moderate growth between 2017 and 2023”
The key factors driving the growth of the market include the ease of connecting analog cameras to the network, the use of cloud services to store a large amount of data, and the adoption of high-efficiency video coding (HEVC) standard for video encoding. On the other hand, the rise in OTT services may hinder the growth of the video encoder market.
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“Broadcast application to hold a major share of the video encoder market between 2017 and 2023”
The broadcast application held the largest share of the video encoder market in 2016 followed by surveillance. The need to stream videos over the Internet without interruption is continuously increasing.
One of the major reasons behind the use of video encoders in the broadcast application is the increasing demand for ultra-high definition (UHD) or 4K videos to transmit content over a small bandwidth. Video encoders are also used in surveillance application as it allows an existing analog CCTV system to be integrated with a network camera system.
The verticals covered under surveillance application include retail, transportation, commercial, residential, institutional, and military and defense.
“The video encoder market in RoW to grow at a high rate in the coming years”
The video encoder market in RoW is expected to grow at the highest rate during the forecast period. The Middle East, Africa, and South America are some of the major countries driving the growth of the video encoder market in RoW.
The video encoder market in RoW is expected to grow significantly because of various factors; government initiatives to implement surveillance cameras in applications such as infrastructure, commercial, and industrial as well as the adoption of encoders by the broadcasters to deliver superior video quality to the subscribers.
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Breakdown of the profile of the primary participants:
- By Company Type: Tier 1—24%, Tier 2—31%, and Tier 3—45%
- By Designation: C-Level Executives—44%, Directors—19%, and Managers—37%
- By Region: North America—38%, APAC—28%, Europe—26%, and RoW—8%
Reasons to Access the Report:
· This report includes the market statistics pertaining to the number of channels, type, application, and geography. · The major drivers, restraints, challenges, and opportunities for the video encoder market have been detailed in this report.
· Illustrative segmentation, analysis, and forecast for markets based on the number of channels, type, application, and geography have been conducted to give an overall view of the market. · A detailed competitive landscape has been provided that includes key players, revenue of key players, and strategic developments, among others.