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Home Business

Next-Gen Video Codecs Market is expected to reach USD 11.52 Bn by 2030, as per Maximize Market Research

October 14, 2024
in Business, OpenPR, Web3
Reading Time: 7 mins read
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Next-Gen Video Codecs Market

Next-Gen Video Codecs Market

Next-Gen Video Codecs Market was valued at US$ 2.38 Bn. in 2023 and is expected to grow at US$ 11.52 Bn. in 2030. Global Next-Gen Video Codecs Market size is expected to grow at a CAGR of 25.27 % through the forecast period.

𝐍𝐞𝐱𝐭-𝐆𝐞𝐧 𝐕𝐢𝐝𝐞𝐨 𝐂𝐨𝐝𝐞𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

A next-generation video codec is a program or device that compresses and decompresses digital video. In video compression, a codec is a combination of encoder and decoder, with an encoder compressing and a decoder decompressing. Devices that only compress are known as encoders, and those that only decompress are called decoders. Next-generation video codecs primarily use a hybrid, block-based approach to video coding, in contrast to other systems that rely on high-efficiency video coding (HEVC). New video codecs of the future have the capability to predict rectangular blocks using chroma prediction, whereas HEVC can only predict square blocks. This has enhanced the user’s sharing experience at the end of the video.

Contemporary video codecs utilize “lossy compression”, taking advantage of the human visual system to achieve high compression rates, like 20:1. The increasing need for enhanced video quality in areas with limited data availability is driving the expansion of the Worldwide Next-Generation Video Codecs Market. Next-generation video codecs can ensure high-quality data delivery with less consumption when compared to advanced video coding AVC. Next-generation video codecs allow for high-quality video streaming. Future video codecs will be able to send 720p quality videos using less than 1.5Mbps. The high efficiency of next-generation video codecs is driving an increase in demand. Increasing requests for diagnostic information and measurement data are continuing to drive the growth of the market. The market growth is expected to increase due to the expansion of the high-tech and media sector, as well as the growing need for ultra-high-definition video content.

𝐘𝐨𝐮𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐈𝐬 𝐉𝐮𝐬𝐭 𝐚 𝐂𝐥𝐢𝐜𝐤 𝐀𝐰𝐚𝐲 :https://www.maximizemarketresearch.com/request-sample/79931/

𝐍𝐞𝐱𝐭-𝐆𝐞𝐧 𝐕𝐢𝐝𝐞𝐨 𝐂𝐨𝐝𝐞𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

𝐁𝐲 𝐂𝐡𝐚𝐧𝐧𝐞𝐥

Single Channel
Multi-Channel

𝐁𝐲 𝐕𝐢𝐝𝐞𝐨 𝐂𝐨𝐝𝐞𝐜𝐬 𝐓𝐲𝐩𝐞

AVC
AV1
HEVC
VP9
VVC

𝐍𝐞𝐞𝐝 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 + 𝐆𝐫𝐚𝐩𝐡𝐬 𝐇𝐞𝐫𝐞:https://www.maximizemarketresearch.com/request-sample/79931/

𝐍𝐞𝐱𝐭-𝐆𝐞𝐧 𝐕𝐢𝐝𝐞𝐨 𝐂𝐨𝐝𝐞𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐥𝐞𝐚𝐝𝐞𝐫𝐬

Hikvision
VITEC
Harmonic
Motorola Solutions
CISCO
CommScope
Axis Communications
Dahua Technology
HaiVision
Netflix
Amazon Prime
YouTube
Flir Systems
Bosch Security Systems
Matrox
Netposa
Sumavision
ATEME
Tieline Technology

𝐂𝐮𝐫𝐢𝐨𝐮𝐬 𝐭𝐨 𝐩𝐞𝐞𝐤 𝐢𝐧𝐬𝐢𝐝𝐞? 𝐆𝐫𝐚𝐛 𝐲𝐨𝐮𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐧𝐨𝐰:https://www.maximizemarketresearch.com/request-sample/79931/ 

𝐊𝐞𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐬𝐰𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞:

What was the Market size in 2023?
What is the projected demand for the Next-Gen Video Codecs Market?
Which are the factors expected to drive the Market growth?
What is the future projection for the Next-Gen Video Codecs Market?

𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐓𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:https://www.maximizemarketresearch.com/market-report/global-next-gen-video-codecs-market/79931/

𝐊𝐞𝐲 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬:

Past Next-Gen Video Codecs Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Next-Gen Video Codecs Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations

𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐡𝐚𝐬 𝐚𝐥𝐬𝐨 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐫𝐞𝐩𝐨𝐫𝐭𝐬 𝐨𝐧

♦ Global Sports Composites Market https://www.maximizemarketresearch.com/market-report/global-sports-composites-market/113391/

♦ Global Polypropylene Pipes Market https://www.maximizemarketresearch.com/market-report/global-polypropylene-pipes-market/102620/

♦ Global Nano Paints and Coatings Market https://www.maximizemarketresearch.com/market-report/global-nano-paints-and-coatings-market/69346/

♦ Global Sodium Persulfate Market https://www.maximizemarketresearch.com/market-report/global-sodium-persulfate-market/111054/

♦ Global Electrochromic Materials Market https://www.maximizemarketresearch.com/market-report/global-electrochromic-materials-market/111533/

♦ Global Isobutyronitrile Market https://www.maximizemarketresearch.com/market-report/global-isobutyronitrile-market/83742/

♦ Global Polymer Alloys Market https://www.maximizemarketresearch.com/market-report/global-polymer-alloys-market/109913/

♦ Global Sodium Percarbonate Market https://www.maximizemarketresearch.com/market-report/global-sodium-percarbonate-market/71450/

♦ Global Powder Metallurgy Components Market https://www.maximizemarketresearch.com/market-report/global-powder-metallurgy-components-market/25524/

𝐌𝐀𝐗𝐈𝐌𝐈𝐙𝐄 𝐌𝐀𝐑𝐊𝐄𝐓 𝐑𝐄𝐒𝐄𝐀𝐑𝐂𝐇 𝐏𝐕𝐓. 𝐋𝐓𝐃.

⮝ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
✆ +91 9607365656
🖂 sales@maximizemarketresearch.com
🌐 http://www.maximizemarketresearch.com

𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Maximize Market Research is a global market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more.

Their services cover market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence.

Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving market landscape.

This release was published on openPR.

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