What is Video Transcoding Market Scope?
Video transcoding, are also known as video encoding, which helps in conversation from one digital encoding format to another, that includes movie data files. This transcoding involves transaction of all three elements of a digital video such as the file format, the video, and the audio at the same time. For Instance, if a video, audio or a JPEG file has limited storage and requires a conversion than these video transcoders are used in order to provide a better-supported, read newer, and a better video format. Increasing usage of the internet coupled with live streaming of videos are driving the market for video transcoding.
The Video Transcoding market study is being classified by Type (H264, H265, VP9 and AV1), by Application (Media and Entertainment, Enterprise, Individual and Others) and major geographies with country level break-up.
Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Video Transcoding market throughout the predicted period.
Intel Corporation, com Inc. (United States), NVIDIA Corporation (United States), Telestream (United States), Brightcove Zencoder (United States), Qencode (United States), Encoding (United States), HaiVision Systems (United States), Harris Broadcast (United States), VBrick Systems (United States) and Anvato (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Wowza Media (United States) and Akamai (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Video Transcoding market by Type, Application and Region.
On the basis of geography, the market of Video Transcoding 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).
On 21st March 2019, V-Nova, Xilinx launch PERSEUS dense transcoder and accelerator. The new products comprise PERSEUS XSA, a deployable plug-and-play encoding accelerator for existing live or VOD encoding pipelines and PERSEUS XDE, a native encoding solution running entirely on FPGA. Both solutions are available for Xilinx’s Alveo cards and are claimed to deliver no less than ‘unparalleled’ video quality and processing density in private or public clouds.
Influencing Market Trend
- Adoption of Software and Cloud as an Integral Part of Future Design
Market Drivers
- Increasing Need for Storage of Data Coupled With Increased With Online Traffic
- Rising Software Applications in Devices
- Increase Owing to High Demand for Multiscreen Video Services
Opportunities
- Introduction of High-Efficiency Video Coding (HEVC) or H.265 Is Anticipating the Growth of Video Transcoding Market
- Growing Extensive Opportunities in SMEs and High Growth in the Education Sector
Restraints
- Network Connectivity and Technical Difficulties Involved in Video Transcoding
- High Cost for Transcoding
Challenges
- Issue Related To Difficulties in Completely Monetize Video Content
- Concerns over Security and Privacy of Video Content
Key Target Audience
Potential Investors, Government Bodies and Associations, Up and Down Stream Vendors, Private Research Organizations, Suppliers and Distributors and Others
Customization available in this Study:
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