Global High Efficiency Video Coding (HEVC) Market by Type (4K, 8K, Other), By Application (Broadcast, Surveillance, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global high efficiency video coding (HEVC) market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for high-quality videos and rising adoption of HEVC in various applications such as broadcast, surveillance, and others. The global high efficiency video coding (HEVC) market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into 4K HEVC codecs, 8K HEVC codecs, and other types. The 4K HEVC codecs segment is expected to hold a major share in the global high efficiency video coding (HEVC) market during the forecast period owing to increased demand for ultra-high definition videos. On the basis of application,the market is divided into broadcast media & services; digital cinema; online & mobile content distribution; personal media players; storage & retrieval systems; surveillance systems; and other applications. The broadcast media & services sector accounted for a major share in 2017 due to increased demand for HDTV channels across different geographies. Furthermore, on account of growing concerns over security threats across various industries such as retail stores and transportation facilities among others.



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Product Definition:

High Efficiency Video Coding (HEVC) is a video compression standard, successor to H.264/AVC. HEVC offers significantly better compression than previous standards, enabling UHDTV resolution video transmission over bandwidth-constrained networks and storage with improved quality.

4K:

4K or UHD (Ultra High Definition) is a term used for higher resolution than the conventional HDTV (High Definition Televisions). It is also known as 8K, where ‘8’ represents the number of pixels in each dimension. The higher the number, the more detailed and sharp will be picture quality.

8K:

8K is a resolution which means we can see 8 million pixels in a single image. It’s four times higher than the HDTV standard and eight times higher than the UHDTV (Ultra High Definition Televisions) standard. The resolution is derived from digital cinema technology and has been adopted by several television broadcast organizations for broadcasting live events as well as movies in 4K and 2K resolutions, thereby driving market growth over the forecast period.

Application Insights:

HEVC is used in applications such as broadcast, surveillance, and others. The broadcast application segment accounted for the largest market share of over 40% in 2017 owing to the growing demand for 4K resolution video across various devices including television sets and smartphones. HEVC enables efficient compression of digital television (TV) programs that are transmitted through satellite TV systems. Moreover, it also provides improved picture quality on account of higher resolution compared to conventional analog video compression techniques such as MPEG-2 and MPEG-4.

The surveillance application segment is expected to grow at a significant rate over the forecast period due to increasing adoption of 4K cameras by security agencies worldwide.

Regional Analysis:

The Asia Pacific region is anticipated to lead the global market over the forecast period. The regional growth can be attributed to increasing adoption of 4K TVs and growing demand for video content in this region. Europe also held a significant share in terms of revenue, but is expected to witness sluggish growth over the next eight years owing to early technology adoption by companies operating in this region. North America and Latin America are projected to grow at a relatively slower pace due their low penetration rates with respect 4K TVs and HEVC standardization bodies’ activities.

Asia Pacific accounted for more than 50% share of global revenue generated by high efficiency video coding industry, owing its large-scale adoption across China as well as India's broadcast industry which has been pushing forward new technologies such as 8K TV broadcasting along with other advanced services such as virtual reality (VR) & augmented reality (AR).

Growth Factors:

Increasing demand for high quality video content: The growth of online video and the rise of 4K and 8K resolution are some of the major drivers for HEVC market. HEVC offers better compression than older codecs, allowing for higher quality video at lower bitrates. This is making it an attractive option for content providers, who are looking to deliver high quality videos without sacrificing bandwidth or storage space.
Proliferation of Ultra HD devices: With the launch of new ultra HD devices such as TVs, smartphones, and tablets, there is a growing demand for content that can take advantage of their higher resolutions. HEVC provides a way to stream or store ultra HD videos while using less bandwidth and storage space than traditional codecs like MPEG-4 AVC/H.264.
Increased use of streaming services: Streaming services such as Netflix, Hulu, Amazon Prime Video, and BBC iPlayer are growing in popularity around the world due to their convenience and low cost compared to traditional TV subscriptions . By using HEVC encoding they can offer improved picture quality while keeping data usage down relative to other streaming formats like VP9 or HLS .


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Scope Of The Report
Report Attributes
Report Details
Report Title
High Efficiency Video Coding (HEVC) Market Research Report
By Type
4K, 8K, Other
By Application
Broadcast, Surveillance, Others
By Companies
Hikvision, Cisco Systems, Dahua, Axis Communications, Harmonic, Bosch Security Systems, Matrox, VITEC, Sumavision, ATEME
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.

Global High Efficiency Video Coding (HEVC) Market Report Segments:
The global High Efficiency Video Coding (HEVC) market is segmented on the basis of:
Types
4K, 8K, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Broadcast, Surveillance, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Hikvision
Cisco Systems
Dahua
Axis Communications
Harmonic
Bosch Security Systems
Matrox
VITEC
Sumavision
ATEME



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Highlights of The High Efficiency Video Coding (HEVC) Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
4K
8K
Other
By Application:
Broadcast
Surveillance
Others
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the High Efficiency Video Coding (HEVC) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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