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Video Encoders Market Share

Report ID: GMI9038
Published Date: Apr 2024
Report Format: PDF

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Video Encoders Market Share

Harmonic Inc. and CommScope Holding Company Inc. hold a significant share of over 3% in the market. Harmonic Inc. holds a major market share in the video encoder market due to its innovative and comprehensive range of encoding solutions that cater to broadcast, cable, satellite, and OTT applications. The company's focus on delivering high-quality, bandwidth-efficient video compression technologies, alongside its commitment to supporting the latest video formats and streaming protocols, positions Harmonic as a leader in this competitive field.

CommScope Holding Company Inc. commands a significant share in the video encoder market by offering a diverse portfolio of advanced encoding solutions tailored for various sectors, including telecommunications and broadcasting. Their expertise in integrating encoding with broader network infrastructure, coupled with a commitment to innovation and quality, enables efficient, high-quality video delivery, solidifying CommScope's position as a key player in the market.

Video Encoders Market Companies

Major players operating in the video encoders industry are:

Harmonic Inc.
CommScope Holding Company Inc.
Mediakind
Cisco Systems Inc.
Imagine Communications Corp.
Hangzhou Hikvision Digital Technology Co., Ltd.
Telairity (VITEC)

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Video encoders market size crossed USD 2.5 billion in 2023 and is expected to register over 5.5% CAGR from 2024-2032 owing to the growing shift in how consumers access entertainment, with a clear preference for streaming services over traditional broadcast and cable TV worldwide.

The multi-channel segment recorded over 5% CAGR from 2024-2032 due to rapid growth of over-the-top (OTT) streaming services, underscoring the importance of multi-channel video encoders.

North America video encoders industry recorded over 30% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to a surge in demand for streaming services, including OTT platforms in the region.

Harmonic Inc., CommScope Holding Company Inc., Mediakind, Cisco Systems Inc., Imagine Communications Corp., Hangzhou Hikvision Digital Technology Co., Ltd., and Telairity (VITEC), are some of the major video encoders companies worldwide.