Video Encoder Market

Hikvision (China), VITEC (France) and Harmonic (US) are Leading Players in the Video Encoder Market

A video encoder is an electronic device that transforms an analog video broadcasting system to a digital or IP system so that it can be streamed over a network. Technological advancements have revolutionized the telecommunication industry, and the demand for innovative and efficient technologies is growing rapidly. Video encoders can be efficiently used to migrate an existing analog-based system to an IP-based system. Thus, manufacturers invest heavily in research & development (R&D) activities to constantly innovate and improve the efficacy of video encoders that can be used in several applications such as broadcasting and surveillance.

The video encoder market is fragmented, with North America being the leading region in this market. The major players operating in the video encoder market are Hikvision (China), VITEC (France), Harmonic (US), Motorola Solutions (US), CISCO(US), CommScope (US), Axis Communications (Sweden), Dahua Technology (Chin), and HaiVision (Canada). Strong distribution networks, diverse product portfolios, and a strong brand image are some of the reasons for the large shares of these companies in the overall video encoder market. The global video encoder market size is projected to grow from USD 1.9 billion in 2020 to USD 2.2 billion by 2025, at a CAGR of 2.7%.

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Hikvision (China), VITEC (France), Harmonic (US), Motorola Solutions (US), and CISCO (US) are the leading players in the video encoder market.

Hikvision (China)

The company is one of the world’s leading suppliers of video surveillance products and solutions. Incorporated in 2001 and headquartered in Hangzhou, China, the company has a state-of-the-art manufacturing facility for innovative CCTV and video surveillance products, across 20 locations around the world. The company’s product portfolio includes smart IP cameras, HD analog cameras, speed domes, NVRs, DVRs, video management software, access control and alarm systems, encoders, decoders, and other elements of sophisticated security systems.

VITEC (France)

The company designs and manufactures end-to-end video streaming solutions primarily for broadcast applications for the media, military and government, corporates, sports and entertainment venues, and houses of worship. It offers video encoders, decoders, recorders, transcoders, converters, IPTV & digital signage, and media asset management solutions.

Harmonic (US)

The company designs, manufactures, and sells video infrastructure products and system solutions globally. The company’s products are categorized under seven sections—Encoding, Transcoding & Multiplexing, Playout & Storage, Contribution & Distribution, Multiscreen Delivery, Cloud Media Processing, and Cable Edge Delivery. It markets and sells its products and services through a direct sales force and indirect channel partners in North America, EMEA, APAC, and Latin America.

Other companies involved in the video encoder market are CommScope (US), Axis Communications (Sweden), Dahua Technology (Chin), HaiVision (Canada), Matrox Electronic Systems (Canada), Bosch Security Systems (Germany), ATEME (France), and Teleste (Finland).

Related Reports:

Video Encoder Market with COVID-19 Impact by Number of Channel (Single, Multichannel), Mounting Type (Standalone, Rack-mounted), Application (Broadcast, Surveillance (Commercial, Residential, Institutional)), and Geography - Global Forecast to 2025

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Report Code
SE 5679
RI Published ON
10/5/2020
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