Next-Gen Video Codecs Market Surge: From US$ 2.38 Bn in 2023 to US$ 11.52 Bn by 2030"
Next-Gen Video Codecs Market Overview
The size of the data backup and recovery market was estimated at US$12.90 billion in 2023, and it is anticipated that overall income from this sector will increase by 10.3% between 2024 and 2030, to reach almost US$25.63 billion.
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Next-Gen Video Codecs Market Report Scope and Research Methodology
The portfolio, technology adoption, financial standing, merger and acquisition, joint ventures and strategic alliances are involved in the competitive environment for the Next-Gen Video Codecs market. The report is an in-depth analysis of the Next-Gen Video Codecs market provided with key findings including Pricing, investments, expansion plans, and physical presence in the Next-Gen Video Codecs market. The bottom-up approach was used to understand the Next-Gen Video Codecs market size estimation and growth rates in the report. The report provides information on the drivers, restraints, opportunities and challenges of the Next-Gen Video Codecs market.
The Next-Gen Video Codecs Market report portrays the scope of the industry, including the segmentation by product type and end-use industry, and examines various emerging opportunities while analyzing supply chain dynamics with market size estimates, growth, and competition including soil survey. The research method gathers large amounts of data into a brief survey using primary and secondary data collection, rigorous research methods, quality assurance procedures, and ethical considerations, and provides users gain insights that can be used for informed decisions in the Next-Gen Video Codecs industry.
Next-Gen Video Codecs Market Regional Insights
Regional analysis is conducted to assess the status of the Next-Gen Video Codecs market in countries belonging to North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report provides a comprehensive analysis of several factors such as market size, growth rate, and import-export activities, across different regions. The Next-Gen Video Codecs market is segmented broadly into these regions, allowing for a detailed understanding of the market landscape and dynamics in each geographical area.
Next-Gen Video Codecs Market Segmentation :
by Channel
Single Channel
Multi-Channel
by Video Codecs Type
AVC
AV1
HEVC
VP9
VVC
In 2023, the biggest market share is held by the HEVC segment. A sophisticated method known as High Efficiency movie Coding, or H.265, reduces the size of your movie and compresses it. At the cost of greater computing complexity, it cuts bitrate requirements in half while maintaining same image quality. HEVC encoders can compromise on computational complexity, compression rate, error-resilience, and encoding delay time, depending on the needs of the application. Improved parallel processing and support for higher definition video were two of the main areas where HEVC outperformed H.264/MPEG-4 AVC. With progressive scanning frame rates and display resolutions ranging from QVGA (320×240) to 4320p (8192×4320), HEVC is aimed at next-generation HDTV screens and content capture devices. It also offers better picture quality in
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Next-Gen Video Codecs Market Key Players :
1. Hikvision
2. VITEC
3. Harmonic
4. Motorola Solutions
5. CISCO
6. CommScope
7. Axis Communications
8. Dahua Technology
9. HaiVision
10. Netflix
11. Amazon Prime
12. YouTube
13. Flir Systems
14. Bosch Security Systems
15. Matrox
16. Netposa
17. Sumavision
18. ATEME
19. Tieline Technology
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Key questions answered in the Next-Gen Video Codecs Market are:
- What is Next-Gen Video Codecs ?
- What was the Next-Gen Video Codecs market size in 2023?
- What is the growth rate of the Next-Gen Video Codecs Market?
- Which are the factors expected to drive the Next-Gen Video Codecs market growth?
- What are the different segments of the Next-Gen Video Codecs Market?
- What growth strategies are the players considering to increase their presence in Next-Gen Video Codecs ?
- What are the upcoming industry applications and trends for the Next-Gen Video Codecs Market?
- What segments are covered in the Next-Gen Video Codecs Market?
- Who are the leading companies and what are their portfolios in Next-Gen Video Codecs Market?
- What segments are covered in the Next-Gen Video Codecs Market?
- Who are the key players in the Next-Gen Video Codecs market?
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Key Offerings:
- Market Size, Share, Size & Forecast by Different Segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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