PUBLISHER: Lucintel | PRODUCT CODE: 1387155
PUBLISHER: Lucintel | PRODUCT CODE: 1387155
Advanced Video Coding Trends and Forecast
The future of the global advanced video coding market looks promising with opportunities in the video streaming, broadcasting, video conferencing, and surveillance applications. The global advanced video coding market is expected to reach an estimated $4.8 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are significant demand for high-quality video content, rising popularity of online video streaming, and expanding 4K and 8K video markets.
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Advanced Video Coding by Segment
The study includes a forecast for the global advanced video coding by type, application, and region.
Advanced Video Coding Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Advanced Video Coding Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Advanced Video Coding Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Advanced Video Coding Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies advanced video coding companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the advanced video coding companies profiled in this report include-
Advanced Video Coding Market Insights
Lucintel forecasts that H.264/MPEG-4 AVC is expected to witness highest growth over the forecast period as it offers a good balance of compression efficiency and video quality computer systems.
Within this market, video streaming is expected to witness highest growth over the forecast period due to growing need for AVC in order to provide high-quality video compression and guarantee seamless streaming and playback on YouTube, Netflix, and Amazon Prime.
North America is expected to witness highest growth over the forecast period due to rising popularity of video streaming services, augmenting population's disposable incomes, and presence of key players in the region.
Features of the Global Advanced Video Coding Market
Market Size Estimates: Advanced video coding market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Advanced video coding market size by type, application, and region in terms of value ($B).
Regional Analysis: Advanced video coding market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the advanced video coding market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the advanced video coding market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1 What is the advanced video coding market size?
Answer: The global advanced video coding market is expected to reach an estimated $4.8 billion by 2030.
Q.2 What is the growth forecast for advanced video coding market?
Answer: The global advanced video coding market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the advanced video coding market?
Answer: The major drivers for this market are significant demand for high-quality video content, rising popularity of online video streaming, and expanding 4K and 8K video markets.
Q4. What are the major segments for advanced video coding market?
Answer: The future of the advanced video coding market looks promising with opportunities in the video streaming, broadcasting, video conferencing, and surveillance applications.
Q5. Who are the key advanced video coding market companies?
Answer: Some of the key advanced video coding companies are as follows:
Q6. Which advanced video coding market segment will be the largest in future?
Answer: Lucintel forecasts that H.264/MPEG-4 AVC is expected to witness highest growth over the forecast period as it offers a good balance of compression efficiency and video quality computer systems.
Q7. In advanced video coding market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to rising popularity of video streaming services, augmenting population's disposable incomes, and presence of key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.