What is Video Encoder Market?
Video technology has experienced heavy growth in the past couple of decades. This growth has come together with the advancement of the internet. The video encoder is designed to encode the data in less space and allows the processing of the data at a fast speed, the encoding makes it much easier to transfer video over the internet. It is also used to migrate analogue systems into high-performance, IP-based solutions. It gives a number of high-level functionalities such as video motion detection, image upload, scheduled and triggered event functionality with alarm notification. There are types of encoders software or hardware that used to convert the input in video form or analogue form to digital format in order to make the video compatible to play backed on any device. These videos can be sent anywhere online or like on the content delivery network or in live streaming as well.
The market study is being classified by Type (Software Encoder and Hardware Encoder), by Application (Retail, Transportation, Commercial, Residential, Institutional and Military and Defence) and major geographies with country level break-up.
Hikvision (China), VITEC (France), Motorola Solutions (United States), Axis Communications AB (Sweden), Matrox Graphics Inc. (Canada), Honeywell Security Group (United States), Cisco Systems, Inc. (United States), Bosch Security Systems (Germany), Pelco Corporation (United States) and Harmonic Inc. (United States) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Video Encoder market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Video Encoder market by Type, Application and Region.
On the basis of geography, the market of Video Encoder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Ease of connecting analogue cameras using video encoders to a network
- Adoption of HEVC standard for video encoding
Market Trend
- Use of cloud services to store increasing amounts of data
Restraints
- Limited capability to deliver 4K streaming and broadcasting services
Opportunities
- Growth in the number of mobile-streaming videos
- Optimization of network bandwidth for cable operators
Challenges
- Capital expenditures due to technological transition
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Video Encoder Manufacturer, Government Regulatory and Research Organizations and End-Use Industry