Market Overview:
The global video codecs market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high-quality videos and rising adoption of 4K and 8K video formats. In addition, the growing demand for video content across different applications such as broadcast, surveillance, and others is also contributing to the growth of this market. Based on type, the global video codecs market can be segmented into H.264 & H.265, HEVC, and others. The H.264 & H.
Product Definition:
A video codec is a device or software that compresses digital video so that it can be transmitted over the internet, or stored on a computer. Codecs are important because they make it possible to watch videos online without having to wait for them to download completely.
H.264 & H.265:
H.264 and H.265 are two different video coding standards, developed by the ITU-T (International Telecommunication Union) for commercial digital video services. They both have the ability to compress data using lossless technique resulting in better storage capacity and transmission efficiency as compared to other conventional coding techniques such as Motion Picture Expert Group (MPEG) 2 or 3 standard.
HEVC:
High Efficiency Video Coding (HEVC) is a new video coding standard that was developed by the Moving Picture Expert Group of the ITU-T. The purpose of this standard is to provide better quality than current AVC/H.264 and reduce bit rate without affecting video quality. HEVC supports wider color space, higher compression, and offers robust error detection & correction capabilities through intra prediction as well as inter prediction techniques.
Application Insights:
The broadcast application segment accounted for the largest revenue share in 2016 and is projected to continue its dominance over the forecast period. The growth can be attributed to increasing demand for video services from a variety of applications such as OTT, internet, set-top boxes (STB), smart TVs and mobile devices. Furthermore, rising penetration of STBs has led to an increased number of decoder installations which has further driven down the overall cost per bit which is expected to have a positive impact on industry growth.
Surveillance application segment is expected to grow at a significant rate during the forecast period owing to growing adoption across various industries such as security & surveillance, automotive & transportation among others. Increasing use cases such as monitoring public places like railway stations or airports for security purposes are likely drive market growth over the next few years.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period owing to the increasing demand for 4K and high-quality video across various applications such as surveillance, live event, media & entertainment, and others. The U.S. dominates the global CODECs market in terms of revenue share owing to increased spending on advanced technologies for security purposes and other applications.
Increasing demand for higher image resolution along with growing adoption of 4K technology is anticipated to drive regional growth over the forecast period. Furthermore, presence of key industry players such as Intel Corporation; Broadcom Inc.; Qualcomm Technologies Inc.; Texas Instruments Inc.; Avago Technology Ltd; Samsung Electronics Co., Ltd; LG Electronics Inc.; Fujifilm Holdings Corporation; Panasonic Corporation; Sony Corporation; Hitachi, Ltd.
Growth Factors:
- Increasing demand for video content: The increasing demand for video content is one of the primary growth drivers for the global Video CODECs market. With the advent of new technologies such as 4K and 8K, there has been a significant increase in the demand for high-quality video content. This is expected to drive the growth of the Video CODECs market in the coming years.
- Proliferation of connected devices: The proliferation of connected devices, such as smartphones, tablets, and laptops, is another major factor that is expected to drive the growth ofthe Video CODECs market in the near future. With an increase in internet penetration and a rise in disposable incomes worldwide, there has been a surge in demand for these devices, which are capableof streaming high-quality videos seamlessly.
- Growing popularity of online streaming services: The growing popularityof online streaming services is another key factor that is anticipated to fuelthegrowthoftheVideoCODECsmarketin themid-to-long termperiod .With more people preferring to watch videos online rather than on traditional television channels, there has been an upsurgein demandforhigh qualityvideo codecs that can provide smooth playback without any lag or buffering issues
Scope Of The Report
Report Attributes
Report Details
Report Title
Video CODECs Market Research Report
By Type
H.264 & H.265, HEVC, Others
By Application
Broadcast, Surveillance, Others
By Companies
Hikvision, Cisco Systems, Inc, Dahua, Axis Communications, Harmonic, Flir Systems, Bosch Security Systems, Matrox, VITEC, Netposa, Sumavision, ATEME, Tieline Technology
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Video CODECs Market Report Segments:
The global Video CODECs market is segmented on the basis of:
Types
H.264 & H.265, HEVC, Others
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, Inc
- Dahua
- Axis Communications
- Harmonic
- Flir Systems
- Bosch Security Systems
- Matrox
- VITEC
- Netposa
- Sumavision
- ATEME
- Tieline Technology
Highlights of The Video CODECs 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:
- H.264 & H.265
- HEVC
- Others
- 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 Video CODECs 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.
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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
Frequently Asked Questions?
Video codecs are a type of compression algorithm used to reduce the size of digital video files. They can be used to encode videos in formats such as H.264 or MPEG-4, and can improve video quality by reducing the amount of data needed to store and transmit a video file.
Some of the key players operating in the video codecs market are Hikvision, Cisco Systems, Inc, Dahua, Axis Communications, Harmonic, Flir Systems, Bosch Security Systems, Matrox, VITEC, Netposa, Sumavision, ATEME, Tieline Technology.
The video codecs market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Video CODECs Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Video CODECs Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Video CODECs Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Video CODECs Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Video CODECs Market Size & Forecast, 2020-2028
4.5.1 Video CODECs Market Size and Y-o-Y Growth
4.5.2 Video CODECs Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 H.264 & H.265
5.2.2 HEVC
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Broadcast
6.2.2 Surveillance
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Video CODECs Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Video CODECs Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 H.264 & H.265
9.6.2 HEVC
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Broadcast
9.10.2 Surveillance
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 H.264 & H.265
10.6.2 HEVC
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Broadcast
10.10.2 Surveillance
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 H.264 & H.265
11.6.2 HEVC
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Broadcast
11.10.2 Surveillance
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 H.264 & H.265
12.6.2 HEVC
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Broadcast
12.10.2 Surveillance
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 H.264 & H.265
13.6.2 HEVC
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Broadcast
13.10.2 Surveillance
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Video CODECs Market: Competitive Dashboard
14.2 Global Video CODECs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hikvision
14.3.2 Cisco Systems, Inc
14.3.3 Dahua
14.3.4 Axis Communications
14.3.5 Harmonic
14.3.6 Flir Systems
14.3.7 Bosch Security Systems
14.3.8 Matrox
14.3.9 VITEC
14.3.10 Netposa
14.3.11 Sumavision
14.3.12 ATEME
14.3.13 Tieline Technology
