How big is the Video Encoder Market?

The Video Encoder Market size is expected to reach USD 2.44 billion in 2024 and grow at a CAGR of 4.60% to reach USD 3.05 billion by 2029. Read More

What is the current Video Encoder Market size?

In 2024, the Video Encoder Market size is expected to reach USD 2.44 billion. Read More

Who are the key players in Video Encoder Market?

Harmonic Inc., CommScope Holding Company Inc., MediaKind, Cisco Systems Inc. and Imagine Communications are the major companies operating in the Video Encoder Market. Read More

Which is the fastest growing region in Video Encoder Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Video Encoder Market?

In 2024, the North America accounts for the largest market share in Video Encoder Market. Read More

What years does this Video Encoder Market cover, and what was the market size in 2023?

In 2023, the Video Encoder Market size was estimated at USD 2.33 billion. The report covers the Video Encoder Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Video Encoder Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Video Encoder Market Share

Statistics for the 2023 & 2024 Video Encoder market share, created by Mordor Intelligence™ Industry Reports. Video Encoder share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Video Encoder Industry

The video encoder market is highly competitive, with major players like Harmonic Inc., CommScope Holding Company Inc., and MediaKind continuously enhancing their capabilities to maintain a competitive edge. These companies strategically focus on product innovations, mergers, acquisitions, and partnerships to diversify their product portfolios and expand their global footprint.

In January 2024, Arcturus, a key player in volumetric video technology, unveiled an update for its HoloSuite toolset. This update introduces a novel approach, enabling the seamless delivery of lightweight, scalable volumetric video to game engines. Arcturus empowers not just virtual production teams but also game developers. Users can now enrich their digital landscapes with more volumetric characters without compromising on data quality.
In November 2023, MainConcept, a video and audio codec technology specialist, announced the release of the latest version of its real-time encoding application for OTT and TV broadcasting workflows. The new version, Live Encoder 3.4, supports VVC/H.266 and MPEG-5 LCEVC codecs.