Video Encoder Market Research Report - Global Forecast till 2032

Video Encoder Market Research Report Information By Component (Hardware Video Encoders, Software Video Encoders), By Type (Stand-Alone, Rack-Mounted), By Application (Internet Protocol Television [IPTV] & Cable, Multiscreen, Post-production, Enterprise, Satellite, Others) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032

ID: MRFR/SEM/7239-HCR | 100 Pages | Author: Ankit Gupta | March 2024         

Video Encoder Market Speak to Analyst Request a Free Sample

Global Video Encoder Market Overview:


Video Encoder Market Size was valued at USD 4.3 billion in 2022. The Video Encoder market industry is projected to grow from USD 4.4333 Billion in 2023 to USD 5.659739509 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.10% during the forecast period (2023 - 2032). Increased application of cameras, Increasing digitalization, and the adoption of video encoders have grown in the military, and defense is the key market driver enhancing the market growth.


Global Video Encoder Market Overview


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Video Encoder Market Trends




  • High internet penetration rate is driving the market growth




A significant market driver is the high internet penetration rate. The widespread use of the internet has led to increasing levels of video consumption. The primary goal of video providers is to give users a remarkable experience. These content producers use video encoder technology to produce the best videos possible. The software-based applications for video encoding are additional aspects that influence the overall demand. These market factors will continue to fuel the growth of the video encoder industry. Furthermore, Factors such as increased use of cameras and easy implementation of software will expand the entire market during the forecast period. Additionally, the adoption of video encoders in the military and defense industry should drive the development of the video encoder market. The huge range of applications of the video encoder will further positively impact the market CAGR during the forecast period.


Additionally, the images are captured using an analog camera with a CCD sensor and then saved locally on a storage device. A video encoder can transmit these processed and stored images in real time. The video encoder may transform analog signals into digital video streams using a coaxial connection to connect to an analog video camera. Images must be transformed into analog forms to be viewed on gadgets like computers, laptops, tablets, and other devices. Analog cameras need separate video encoders. Thus, maintenance is less frequent.


Consequently, the ease of utilizing video encoders to link analog cameras to a network will largely aid the market growth rate over the forecast period.As per the World Economic Forum, the growth of OTT represents a $300 billion opportunity for digital viewership and an open-source platform. As pandemics spread, the OTT market saw an upward trend with higher viewership. These trends point to OTT Platforms' promising future, which presents a significant opportunity for expanding the worldwide video encoder market.Thus, driving the Video Encoder market revenue.


Video Encoder Market Segment Insights:


Video Encoder Component Insights


Based on components, the Video Encoder Market segmentation includes hardware video encoders and software video encoders. The hardware video encoders segment dominated the market because hardware video encoders are more powerful and efficient than software video encoders. They are also easier to use and more reliable. Hardware video encoders are typically equipped with dedicated hardware specifically designed for video encoding. This makes them much more powerful than software video encoders, which rely on the CPU or GPU of a computer.


Figure1: Video Encoder Market, by Component, 2022 & 2032 (USD billion)


Video Encoder Market, by Component, 2022 & 2032


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Video Encoder Type Insights


Based on type, the Video Encoder Market segmentation includes stand-alone, rack-mounted. The rack-mounted segment dominated the market because rack-mounted video encoders are more scalable and flexible than stand-alone video encoders. They are also more cost-effective for large-scale deployments. Rack-mounted video encoders can be easily scaled up or down by adding or removing encoders from the rack. This makes them ideal for applications where video streaming requirements are constantly changing.


Video Encoder Application Insights


Based on application, the Video Encoder Market segmentation includes Internet Protocol Television [IPTV] & Cable, Multiscreen, Post-production, Enterprise, Satellite, and Others. The internet protocol television [IPTV] & cable segment dominated the market because IPTV and cable are the most popular methods for delivering video content to consumers, and IPTV and cable are the most popular methods for delivering video content to consumers. This is because they offer a high-quality video experience and are relatively affordable.


Video Encoder Regional Insights


By Region, the study provides market insights for North America, Europe, Asia Pacific, and the rest of the world. Asia Pacific. Video Encoder Market area will dominate this market, owing to the rapid adoption of surveillance technologies in the hospitality, healthcare, corporate and retail industries, which will further contribute to the regional market expansion and boost the market growth in this Region. Moreover, China’s Video Encoder market held the largest market share, and the Indian Video Encoder market was the largest-growing market in the Asia-Pacific region.


In addition, major countries examined in the report market include the United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.


Figure2: Video Encoder Market SHARE BY REGION 2022 (%)


Video Encoder Market SHARE BY REGION 2022


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Europe's Video Encoder market accounts for the second-largest market share due to the constant progression in communication networks within the Region. Further, the German Video Encoder market held the largest market share, and the UK Video Encoder market was the largest-growing market in the European Region.


The North American Video Encoder market is expected to grow at the largest CAGR from 2023 to 2032. This is due to the increasing adoption of the HEVC standard for video encoding within the Region, and the rising sales of cameras are further estimated to accelerate the expansion over the forecast period.


Video Encoder Key Market Players& Competitive Insights


Leading market players are investing heavily in research and development to expand their product lines, which will help the Video Encoder market grow even more. Market participants are also undertaking various strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The Video Encoder industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.


Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the global Video Encoder industry to benefit clients and increase the market sector. The Video Encoder industry has offered some of the most significant advantages in recent years. Major players in the Video Encoder market, including eRightSoft, Polidea, Telairity Inc, Panasonic Security Solutions, Axis Communications AB, Niagara Video Corporation, Datavideo, March Networks, Coconut, Elecard, Anvato, Cathexis Technologies., and others, are attempting to increase market demand by investing in research and development operations.


Adtec Digital is a leading Broadcast, Cable, and IPTV product and solution manufacturer. With over 30 years of experience in compression and transmission technologies, Adtec Digital offers customers rock-solid engineering, powerful features, and unmatched customer service. Adtec Digital launched the media hub series encoder. The media hub Pro 02 Encoder is expected to be a real-time contribution-quality MPEG 2 standard and high-definition encoder designed to support the most demanding contribution, ATSC, DVB, and IPTV MPEG-2 distribution applications. The studio version of the media HUB-Pro 02 could encode Cable Labs VOD and DPI-compliant MPEG2 transport streams.


Lutech Group is a leader in innovation (among the top three in Italy), with 4,700 professionals and revenues of about 800 million euros, supporting the transformation and growth of companies and institutions. The group designs implements, and manages end-to-end solutions under the banner of constant improvement involving people and processes, technology, and knowledge. Lutech SpA and Imagine Communications will launch their new IP video and audio contribution and distribution network, "IP Matrix." The project could benefit from the flexibility a full IP, software-based network provides. It could take advantage of the capabilities of Imagine's extensively deployed, standards-based Selenio Network Processor, which employs encoders. The fully new contribution infrastructure Rai Way, designed for its video and audio networks and built on cutting-edge technologies like the SNP, could combine traditional SDI and state-of-the-art IP worlds.


Key Companies in the Video Encoder market include




  • Polidea




  • Telairity, Inc




  • Panasonic Security Solutions




  • Axis Communications AB




  • Niagara Video Corporation




  • Datavideo




  • March Networks




  • Coconut




  • Elecard




  • Anvato




  • Cathexis Technologies




Video Encoder Industry Developments


May 2022: Lutech SpA and Imagine Communications will launch their new IP video and audio contribution and distribution network, "IP Matrix." The project could benefit from the flexibility a full IP, software-based network provides. It could take advantage of the capabilities of Imagine's extensively deployed, standards-based Selenio Network Processor, which employs encoders. The fully new contribution infrastructure Rai Way, designed for its video and audio networks and built on cutting-edge technologies like the SNP, could combine traditional SDI and state-of-the-art IP worlds.


March 2022: Globecast and Ateme collaborated to provide additional security options. Globecast would employ strong encryption techniques developed by Ateme to protect satellite-uplinked content in the most secure manner possible. The service provider could give the highest video quality at the lowest bitrates and latency while keeping broadcasts safe by employing Ateme encoders.


Video Encoder Market Segmentation:


Video Encoder Component Outlook




  • Hardware Video Encoders




  • Software Video Encoders




Video Encoder Type Outlook




  • Stand-Alone




  • Rack-Mounted




Video Encoder Application Outlook




  • Internet Protocol Television [IPTV] & Cable




  • Multiscreen




  • Post-production




  • Enterprise




  • Satellite




  • Others




Video Encoder Regional Outlook




  • North America



    • US

    • Canada






  • Europe



    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe






  • Asia-Pacific




    • China




    • Japan




    • India




    • Australia




    • South Korea




    • Australia




    • Rest of Asia-Pacific






  • Rest of the World




    • Middle East




    • Africa




    • Latin America





Report Scope:

Report Attribute/Metric Details
Market Size 2022 USD 4.3 billion
Market Size 2023 USD 4.4333 billion
Market Size 2032 USD 5.659739509 billion
Compound Annual Growth Rate (CAGR) 3.10% (2023-2032)
Base Year 2022
Market Forecast Period 2023-2032
Historical Data 2018- 2022
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Component, Type, Application, and Region
Geographies Covered North America, Europe, AsiaPacific, and the Rest of the World
Countries Covered USA, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled  eRightSoft, Polidea, Telairity Inc, Panasonic Security Solutions, Axis Communications AB, Niagara Video Corporation, Datavideo, March Networks, Coconut, Elecard, Anvato, Cathexis Technologies
Key Market Opportunities The growing demand for OTT services
Key Market Dynamics The rising application of cameras, Increasing digitalization, and The adoption of video encoders have grown in the military and defense.




Frequently Asked Questions (FAQ) :

The Video Encoder Market was valued at USD 4.3 Billion in 2022.

The global market is growing at a CAGR of 3.10% during the forecast period 2023-2032.

Asia Pacific witnessed the largest share of the global market

The key players in the market are eRightSoft, Polidea, Telairity Inc, Panasonic Security Solutions, Axis Communications AB, Niagara Video Corporation, Datavideo, March Networks, Coconut, Elecard, Anvato, Cathexis Technologies.

The rack-mounted category dominated the market in 2022.

The Hardware Video Encoders witnessed the largest share in the global market.

Key Questions Answered

  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Request Free Sample

Why Choose Market Research Future?

  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.
Speak to Analyst
Leading companies partner with us for data-driven Insights.
Client logo Client logo Client logo Client logo Client logo Client logo Client logo Client logo Client logo Client logo

Kindly complete the form below to receive a free sample of this Report

Please fill in Business Email for Quick Response
Invalid