Report Id: SNS/SEMI/2495 | July 2022 | Region: Global | 133 Pages
Report Scope & Overview:
The Video Encoder Market Size was valued at USD 2.16 billion in 2022 and is expected to reach USD 2.71 billion by 2030, and grow at a CAGR of 2.9% over the forecast period 2023-2030.
A video encoder is a device/circuit that is connected to an analogue video camera and converts analogue video signals into video streams. These analogue signals are transmitted over an IP-based network such as a LAN, intranet, or the internet. These devices are essential in situations where multiple cameras are installed, such as CCTV. The video encoder consists of an analogue video input, a processor, memory for firmware storage, an Ethernet/power over Ethernet port, a serial port, and input/output connectors.
MARKET DYNAMICS:
KEY DRIVERS:
Adoption of the HEVC video encoding standard.
Using cloud services to store growing amounts of data.
Connecting analogue cameras to a network with video encoders is simple.
RESTRAINTS:
Capability to provide 4K streaming and broadcasting services is limited
OPPORTUNITIES:
OTT consumption is increasing in developing countries.
Mobile devices are increasingly being used to stream videos.
Cable operators' network bandwidth should be optimized.
CHALLENGES:
Adoption of newer technologies comes at a high cost.
IMPACT OF COVID-19:
The outbreak of covid 19 is causing additional damage in global markets. Global markets are experiencing supply chain disruptions and challenges. The video encoder market's production rate is slowing. However, due to demand from content creators, the market's demand rate remains stable. The virus outbreak is fueling the growth of the IPTV industry. Demand for video encoders is expected to fall beginning in 2020. Furthermore, following Covid 19, the demand for video encoders is constantly increasing. Video encoder adoption is expected to skyrocket beginning in 2021. In the coming years, the number of video transfers will skyrocket. These days, there is a lot of interest in video encoders. All of these factors will have an adverse effect on the Video Encoder Industry. In addition, more innovation and new techniques will be introduced into the market.
Based on type, the video encoder market is segmented into Rack-mounted, and Standalone. When several analogue cameras with coaxial cables are involved, rack-mounted video encoders play a significant role. A centrally located rack allows you to connect and manage multiple cameras. A video encoder blade functions as a video encoder in the absence of a casing. Because the blade cannot operate on its own, it must be mounted in a standard-sized rack to function. A rack provides an expandable and convenient solution for connecting multiple video encoder blades. A video encoder blade can support one, four, or six analogue cameras. With the increasing number of product launches, the rack-mounted video encoder market is gaining significant traction.
Based on number of channels, the video encoder market is segmented into 1-channel, 2-channels, 4-channels, 8-channels, and 16-channels. 1-channel or single-channel video encoders are small and inexpensive. They're ideal for upgrading an analogue surveillance system to an IP-based system. Because IP cameras are expensive, an encoder can help end users save money by allowing them to continue using their existing analogue systems.
Based on application, the video encoder market is segmented into Surveillance, and Broadcast. Over the last decade, the media and entertainment industries have changed dramatically, creating numerous opportunities for traditional broadcasters. Content is created for a specific channel and then broadcast to millions of viewers in the traditional media value chain. The delivery of media content to any connected device has emerged as the most important broadcast industry trend. Rich media services, such as video streaming, are made available to individual customers via a variety of devices, regardless of their location. The rapid adoption rate of various types of content available on the Internet, as well as the emergence of devices such as tablets and smartphones that offer high-quality viewing experiences, are driving the acceleration.
COMPETITIVE LANDSCAPE:
The key players in the video encoder market are eRightSoft, Telairity, Datavideo, Coconut, Anvato, Polidea, Panasonic Security Solutions, March Networks, Elecard, and Cathexis Technologies.
MARKET SEGMENTS:
BY TYPE
Rack-mounted
Standalone
BY NUMBER OF CHANNEL
1-channel
2-channels
4-channels
8-channels
16-channels
BY COMPONENT
Software Video Encoders
Hardware Video Encoders
BY APPLICATION
Surveillance
Broadcast
REGIONAL ANALYSIS:
North America has always been at the forefront of technological advancements, and the adoption of these advancements in the telecom sector is no exception. The North American market consists of the United States, Canada, and Mexico. The region is home to major players in this market. North America has the world's most competitive and rapidly changing video encoder market. Furthermore, the region is expected to grow and adopt new technologies faster than the rest of the world.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Report Attributes | Details |
---|---|
Market Size in 2022 | US$ 2.16 Billion |
Market Size by 2030 | US$ 2.71 Billion |
CAGR | CAGR of 2.9% From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2020-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Type (Rack-Mounted, Standalone) • By Number Of Channel (1-Channel, 2-Channels, 4-Channels, 8-Channels, 16-Channels) • By Component (Software Video Encoders, Hardware Video Encoders) • By Application (Surveillance, Broadcast) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | eRightSoft, Telairity, Datavideo, Coconut, Anvato, Polidea, Panasonic Security Solutions, March Networks, Elecard, and Cathexis Technologies. |
Key Drivers | • Adoption of the HEVC video encoding standard. • Using cloud services to store growing amounts of data. |
OPPORTUNITIES | • Capability to provide 4K streaming and broadcasting services is limited. |
Frequently Asked Questions (FAQ) :
The market value is expected to reach USD 2.6 billion by 2028.
The market has been segmented with respect to type, number of channel, component and application.
North American region is expected to dominate the Video Encoder Market.
Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Video Encoder Market Segmentation, by type
8.1Introduction
8.2 Rack-mounted
8.3 Standalone
9. Video Encoder Market Segmentation, by number of channels
9.1Introduction
9.2 1-channel
9.3 2-channels
9.4 4-channels
9.5 8-channels
9.6 16-channels
10. Video Encoder Market Segmentation, by components
10.1 Introduction
10.2 Software Video Encoders
10.3 Hardware Video Encoders
11. Video Encoder Market Segmentation, by application
11.1 Introduction
11.2 Surveillance
11.3 Broadcast
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13.Company Profiles
13.1 Datavideo
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 eRightSoft
13.3 Telairity
13.4 Coconut
13.5 Anvato
13.6 Polidea
13.7 Panasonic Security Solutions
13.8 March Networks
13.9 Elecard
13.10 Cathexis Technologies
14.Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
15.Conclusion
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