This report was recently updated on July 20 2024 with the latest and most recent
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Global Video Encoder Market Trends, and Analysis with Covid Impact- Forecasts 2026 By Number Of Channels (1- Channel Video Encoder, 2-channel Video Encoder, 4-Channel Video Encoder, 8-Channel Video Encoder, 16-Channel Video Encoder, More Than 16 Channel Video Encoder), By Type (Standalone, Rack Mounted), By Application (Broadcast, Surveillance (Transportation, Residential, Institutional, Commercial, Retail, Military &Defence), By Region (North America, Asia-Pacific, Middle East & Africa, CSA, Europe), End-User Landscape and Company Market Share Analysis & Competitor Analysis
Video Encoder Market Insights
The video encoder market will show an upward trend during the forecast period. Video encoders are essential in converting the videos into digital signals thereby connecting it to a network. It also upgrades the CCTV cameras to the modern IP systems. Comparing the Hanwha (Samsung) with the Axis line video encoders, Samsung’s one is economical and has better performance. The high demand from the professional, automotive, and consumer video applications contributes to the sustained growth of the video encoders market. They find applications in set-top boxes and encoding rearview camera video data. The growth of the market relies upon the consumers’ high-end resolution video quality and growing competitors in the market.
Video Encoder Market: By Number of Channels
Based on the channels, the market considers 1- Channel, 2-channel, 4-Channel Video Encoder, and 8-Channel Video Encoder among others. The 1-channel segment is expected to grow upwardly during the forecast period. Collating the features of 1 channel video recorder by different manufacturers, this type has an excellent compact design and provides for affordable solutions for the conversion of CCTV cameras to the IP based systems. The 4-channel too would be growing rapidly in this market owing to the affordability options it offers.
Video Encoder Market: By Type
By type, the market is segregated into standalone and rack-mounted. The rack-mounted segment would ascend during the forecast period. The rack-mounted enables in connecting the varied video encoder blades. The manufacturers are changing the dynamics of the segment through new product developments in the market which enhances the market demand. The standalone segment would be growing in a positive direction due to their customization of the setting as per the customer’s need, it enables the reduction in installation cost and leads to the improvement in the image quality.
Video Encoder Market: By Application
By application, the market is explained into broadcast and surveillance. The surveillance segment will occupy the largest share between the forecast period. They provide high-end surveillance by integrating CCTV cameras into the IP based system and also doesn’t require expensive cabling. The broadcast segment will show an upward fashion trend in this market. They support broadcast showcased on YouTube, Facebook, and other media platforms. They enhance the broadcasting services and provide multi-protocol support.
Video Encoder Market: By Region
Based on the region, the market takes Europe, North America, Asia- Pacific, Middle East & Africa, and CSA into consideration. North America would represent ample opportunities for the market. Their high adoption rate of advanced technology, dynamic competitor landscape, and better infrastructural units enhance the market’s demand during the forecast period.
Market Share and Competitive Analysis
Some of the key players operating in the market include Hikvision, Arise security system, Astral Communications, Z3 Technology, Honeywell, Axis, Zeus, Arrow Electronics, Optima Technologies, Maven Automation, Iris Infotech Solutions, Speedo Communications, and Sky Wire Broadcast among others.
Please note: This is not an exhaustive list of companies profiled in the report.
In September 2020, Queue outsourced its video encoding to Coconut for the real-time feedback platform.
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The Global Video Encoder Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Video Encoder Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
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