Report Details:
15 Companies Covered
100 Pages
Pune, India, January 2019, MRFR Press Release/- Market Research Future has published a Half-Cooked Research Report on the Global Video Encoder Market.
Market Highlights
The Global Video Encoder Market is expected to register a CAGR of 5.8% during the forecast period of 2019–2025. There are various factors contributing to the growth of the global video encoder market, such as rising penetration of the Internet, increasing adoption of cloud services, and rising demand for real-time surveillance. Moreover, the video encoder is the device used for converting analog video signals into a video stream and is a good option for the users to reduce the latency during video streaming.
Video Encoder Market Regional Analysis
The Global Video Encoder Market is estimated to grow at a significant rate in the future. The geographical analysis of the video encoder market has been done for North America, Europe, Asia-Pacific, and the rest of the world.
North America accounted for the largest share in 2018 for the global video encoder market. North America is one of the developed regions which with strong infrastructure for video surveillance and various connected devices across the region. Additionally, the presence of various media & entertainment companies, key manufacturers such as Harmonic Inc., Cisco Systems Inc., Bosch Security Systems, Matrox, and Motorola Solutions which offer hardware and software solutions associated with the video encoders to individuals and companies is propelling in the growth of the market
Europe accounts for a significant market share in the video encoder market due to the rising trends of online video streaming and game streaming, among others. To reduce the latency rate and share the information in real-time the media & entertainment, gaming companies, and other end users are using video encoders. Moreover, the rising investments by the European government for video surveillance is one of the major factors driving the market.
Asia-Pacific is expected to be the fastest-growing region during the forecast period due to the increasing investments made by the government in military & defense, which also focuses on surveillance. The rising adoption of new technology in the region and rising online streaming is one of the major factors driving the market.
The rest of the world is expected to be registering a significant CAGR during the forecast period due to increasing video streaming and investments made by the companies for the development of advanced technology in the region. Further, the region has been segmented into South America and the Middle East & Africa.
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Key Players
Some of the Key Players in the Global Video Encoder Market are 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), and Motorola Solutions (US), among others.
The prominent players keep innovating and investing in research and development to offer a cost-effective product portfolio. There have been recent mergers and acquisitions among the key players, a strategy the business entities emphasize strengthening their reach to the customers.
Key Segments
The Global Video Encoder Market has been segmented based on Type Component, Type, Application, Channel, End-Users, and Region.
By Type, the global video encoder market has been segmented stand-alone and rack-mounted.
By Component, the global video encoder market has been segmented into hardware video encoders and software video encoders.
By Application, the global video encoder market has been segmented into internet protocol television (IPTV) & cable, multiscreen, post-production, enterprise, satellite, and others.
By Channel, the global video encoder market has been segmented into a single channel and multiple channels
By End-User, the global video encoder market has been segmented as military and defense, commercial, retail, and residential
By Region, the market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.