Video Encoders

Video Encoders

Global Video Encoders Market to Reach $2.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Video Encoders estimated at US$1.9 Billion in the year 2020, is projected to reach a revised size of US$2.4 Billion by 2027, growing at aCAGR of 3.1% over the period 2020-2027. Standalone, one of the segments analyzed in the report, is projected to record 2.6% CAGR and reach US$971.2 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Rack-mounted segment is readjusted to a revised 3.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $520.9 Million, While China is Forecast to Grow at 5% CAGR

The Video Encoders market in the U.S. is estimated at US$520.9 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$450.5 Million by the year 2027 trailing a CAGR of 5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.8% and 2.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR.

Select Competitors (Total 89 Featured) -

• ARRIS Group Inc.
• ATEME SA
• Cisco Systems Inc.
• Harmonic Inc.
• Imagine Communications
• International Datacasting Corporation
• MainConcept GmbH
• Telefonaktiebolaget LM Ericsson
• Telestream LLC
• VBrick Systems Inc.

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