Video CODECs Market

The global Video CODECs market was valued at 1934.54 Million USD in 2021 and will grow with a CAGR of 4.32% from 2021 to 2027, based on Research newly published report.

The prime objective of Video CODECs Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Video CODECs Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.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.

By Market Verdors:

• Hikvision
• Cisco Systems, Inc
• Dahua
• Axis Communications
• Harmonic
• Flir Systems
• Bosch Security Systems
• Matrox
• VITEC
• Netposa
• Sumavision
• ATEME
• Tieline Technology

By Types:

• H.264 & H.265
• HEVC

By Applications:

• Broadcast
• Surveillance

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
• Besides the standard structure reports, we also provide custom research according to specific requirements.