The global Video CODECs market was valued at US$ 1841.4 million in 2019 and it is expected to reach US$ 2517.5 million by the end of 2026, growing at a CAGR of 4.5% during 2021-2026.
A video codec is an electronic circuit or software that compresses or decompresses digital video. It converts uncompressed video to a compressed format or vice versa. In the context of video compression, “codec” is a concatenation of “encoder” and “decoder”—a device that only compresses is typically called an encoder, and one that only decompresses is a decoder.
In the industry, Hikvision profits most in 2019 and recent years, while Cisco Systems and Dahua ranked 2 and 3.The market share of them is 18.58%, 14.05% and 8.80% in 2019.The gap of market share is keep on enlarged due to different strategy.
Global Video CODECs Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Video CODECs Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Hikvision, Cisco Systems, Inc, Dahua, Axis Communications, Harmonic, Flir Systems, Bosch Security Systems, Matrox, Vitec, Netposa, Sumavision, Ateme, Tieline Technology and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-video-codecs-market-research-report
Segment by Type
- 264 & H.265
H.264 & H.265 is the main type for video codecs, and the H.264 & H.265 reached approximately 81.79% of global market share.
Segment by Application
Broadcast is the major application area of video codecs, accounted for 56.05% market share.
Table of Content:
1 Video CODECs Market Overview
2 Video CODECs Market Competition by Manufacturers
3 Video CODECs Retrospective Market Scenario by Region
4 Global Video CODECs Historic Market Analysis by Type
5 Global Video CODECs Historic Market Analysis by Application
6 Key Companies Profiled
7 Video CODECs Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Video CODECs Market Dynamics
10 Global Video CODECs Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta