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Video Encoder Market Segmented By type of video encoder such as software encoder and hardware encoder used in Residential, commercial, Retail, Entertainment, Defence and miltary.
Earlier, in 1996, DVD’s came into existence through in which videos could be recorded, then hard disk was invented. These mediums use to store data in an analog form which consumed a lot of space. Also, analog signals were very prone to corruption due to noise and were costly.
The demand of consumer for high quality and low cost drove the need to store data in digital form. In order to record and transfer raw video, a lot of storage space was required which generated the need to reduce the amount of data needed. Thus, the method of video compression or video encoding came into existence. The device used to encode videos are known as video encoder.
The video encoder’s also known as video servers, are hardware or software’s that covert an input given in video form or analog form into digital format in order to make the video compatible to be play backed on any device. These converted videos can be sent anywhere online like on content delivery network (CDN) or a live streaming provider.
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The video encoders encode the data in such a manner that they occupy less space, and allows processing of data to be fast. Also, due to the lesser number of bits, the time consumed to transfer or upload any video file is very less. Such factors are driving the growth of video encoder market and are boosting its use in various applications.
The data compressed by video encoder has to be decompressed every time before use. Also, many errors might occur when transferring data. Such factors are hampering the growth of video encoder market since it restraints the customers to use it.
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The key players in the video encoder market are Axis Communications AB, Matrox Graphics Inc., Honeywell Security Group, Cisco Systems, Inc., Bosch Security Systems, Pelco Corporation, Harmonic Inc., Vitec Group and Teleste Corporation.
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North America is expected to the largest market of Video Encoder. The majority of Video Encoder vendors such as Matrox Graphics Inc., Honeywell Security Group and Cisco Systems are based in North America region.
This is attributed to the evolution of digitalization. The market is anticipated to grow in Europe region due to the presence of other market vendors like Axis Communications, Bosch Security systems and few others in the region.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
