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According to a new report, published by KBV research, The Global Video Encoders Market size is expected to reach $3.7 billion by 2030, rising at a market growth of 7.1% CAGR during the forecast period. In the year 2022, the market attained a volume of 3,812.5 thousand Units experiencing a growth of 6.9% (2019-2022).
The Standalone segment is experiencing a CAGR of 7.5% during (2023 - 2030). Standalone video encoders are designed to be compact and portable. Their form factor allows for easy placement on a shelf, desktop, or mounted in specific locations, providing flexibility in deployment. Standalone video encoders come equipped with network interfaces for integration into IP-based networks. Some standalone video encoders provide options for local storage, allowing users to save encoded video directly onto onboard storage devices, such as SD cards or external hard drives. This can be useful in scenarios where centralized storage is not immediately available.
The Broadcast segment is registering maximum revenue in the Global Video Encoders Market by Application in 2022; thereby, achieving a market value of $2.2 billion by 2030. In live broadcasting scenarios, low latency is crucial to minimize delays between the source and the viewer. Video encoders designed for low-latency encoding contribute to delivering real-time content. Video encoders contribute to interactive and immersive broadcasting experiences. They support encoding virtual reality (VR) and augmented reality (AR) content, enabling broadcasters to deliver engaging and immersive experiences to viewers. It is essential for live sports and news broadcasts.
The 2 Channel segment is exhibiting a CAGR of 6.8% during (2023 - 2030). A 2-channel video encoder has two video input channels, allowing it to handle video signals from two distinct sources. These sources can include analog cameras, digital cameras, or any other video devices with compatible outputs. The interfaces of 2-channel video encoders are typically user-friendly, making them accessible to users with varying technical expertise. Web-based interfaces or dedicated software applications may be provided for configuration and monitoring. 2-channel video encoders are suitable for mobile deployment in field surveillance, temporary setups, or live event broadcasting where two separate video sources must be encoded.
The North America region dominated the Global Video Encoders Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.2 billion by 2030. The Europe market is anticipated to grow a CAGR of 6.7% during (2023 - 2030). Additionally, The Asia Pacific market would witness a CAGR of 7.6% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/video-encoders-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Harmonic Inc., Axis Communications AB (Canon, Inc.), Haivision Systems Inc., Zhejiang Dahua Technology Co., Ltd., Cisco Systems Inc., Robert Bosch GmbH, Matrox Electronic Systems Ltd., CommScope Holding Company, Inc., Delta Digital Video (Delta Information Systems, Inc.) and VITEC.
By Type (Volume, Thousand Units, USD Billion, 2019-2030)
By Application (Volume, Thousand Units, USD Billion, 2019-2030)
By Number of Channel (Volume, Thousand Units, USD Billion, 2019-2030)
By Geography (Volume, Thousand Units, USD Billion, 2019-2030)
Companies Profiled
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