The video encoders enable the incorporation of an existing analog CCTV video surveillance system with a network video system. The video encoder connects to an analog video camera and translates the analog video signals into digital streams. The adoption of cloud-based services, and the growing popularity of HEVC standard and easy installation is anticipated to boost the video encoder market.
MARKET SCOPE
The "Global Video Encoder Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the video encoder market with detailed market segmentation by channel, type, application, and geography. The report provides key statistics on the market status of the leading video encoder market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on channel, the global video encoder market is segmented into single channel and multi-channel.
- On the basis of type, the market is segmented into stand-alone and rack-mounted.
- Based on application, the market is segmented into broadcast and surveillance.
MARKET DYNAMICS
Drivers:
- The use of cloud services to store a large amount of data, easiness of connecting analog cameras to a network are some of the significant factors driving the growth of the video encoder market.
- The increase in mobile video streaming and the optimization of network bandwidth are anticipated to creating huge opportunities for the video encoder market.
Restraints:
- The occurrence of errors while transferring data and growing OTT services is the major factor that may restrain the growth of the video encoder market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The video encoder market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the video encoder market in these regions.
IMPACT OF COVID-19 ON VIDEO ENCODER MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the video encoder market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from video encoder market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the video encoder market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Avigilon Corporation
- Axis Communications AB
- Delta Digital Video
- Harmonic, Inc.
- Honeywell International Inc.
- Hikvision Digital Technology Co., Ltd.
- Matrox
- Merit LILIN Ent. Co., Ltd.
- VITEC
- Z3 Technology