Global Video CODECs Market Growth 2023-2029

Global Video CODECs Market Growth 2023-2029

A video codec is an electronic circuit or software that compresses or decompresses digital video. It converts uncompressed video to a compressed format or vice versa. In the context of video compression, "codec" is a concatenation of "encoder" and "decoder"—a device that only compresses is typically called an encoder, and one that only decompresses is a decoder.
LPI (LP Information)' newest research report, the “Video CODECs Industry Forecast” looks at past sales and reviews total world Video CODECs sales in 2022, providing a comprehensive analysis by region and market sector of projected Video CODECs sales for 2023 through 2029. With Video CODECs sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Video CODECs industry.
This Insight Report provides a comprehensive analysis of the global Video CODECs landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Video CODECs portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Video CODECs market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Video CODECs and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Video CODECs.
The global Video CODECs market size is projected to grow from US$ 1976.3 million in 2022 to US$ 2719.9 million in 2029; it is expected to grow at a CAGR of 2719.9 from 2023 to 2029.
In the industry, Hikvision profits most in 2019 and recent years, while Cisco Systems and Dahua ranked 2 and 3.The market share of them is 18.58%, 14.05% and 8.80% in 2019.The gap of market share is keep on enlarged due to different strategy.
This report presents a comprehensive overview, market shares, and growth opportunities of Video CODECs market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
H.264 & H.265
HEVC
Others
Segmentation by application
Broadcast
Surveillance
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hikvision
Cisco Systems, Inc
Dahua
Axis Communications
Harmonic
Flir Systems
Bosch Security Systems
Matrox
VITEC
Netposa
Sumavision
ATEME
Tieline Technology
Key Questions Addressed in this Report
What is the 10-year outlook for the global Video CODECs market?
What factors are driving Video CODECs market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Video CODECs market opportunities vary by end market size?
How does Video CODECs break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.