Video Decoder Market to Reflect Impressive Growth Rate During 2018 – 2028

The basic format used to store videos is analog form. This analog data is either stored in DVDs or magnetic tapes. The advancements in technology has led to adoption of devices that can provide advanced features, such as live TV and recordings. Once such device is video decoder, it is a data-intensive video processing device, which is an integrated circuit chip that converts digital video signals to analog video format. The signals received as input are analog videos in a standard format and the output of the decoder can be obtained in any desired bits format as per the use. The signals generated are either sync, blanking, filed or lock signals. The demand for video decoder has been ever increasing since it allows users to make programmable changes in the video such as it changes the characteristics of the video by customizing hues, contrasts and other features. Video decoders are widely used in devices that capture video and frame grabbers. The video decoder is available in many forms, namely H.264 Video, MPEG-2 Video, HEVC/H.265 Video and MPEG1/AC3/AAC/HE-AAC Audio.

The video decoders are in high demand in many sectors including automotive, professional, and consumer video applications. They are also widely being used in applications such as digital televisions, PDAs, PCs, handheld games, surveillance, video recorder/players, internet appliances/web pads, portable navigation and others. Increasing usage of live videos on social media is further expected to fuel the adoption of video decoders in the market. Increasing use of video decoders in amplified and virtual reality devices is a key trend in the market.

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Video Decoder Market: Drivers and Restraints

The video decoders are being widely used in applications that require videos to be transmitted over long distances. They are widely used devices in regular TV sets, and video switches. Also, the video decoder provides high throughput and real-time processing, which is in high demand in the video processing area. Also, these decoders can display videos from multiple cameras sequentially though which a visual effect can be created by playing each camera for a few seconds in sequence. Such visual effects are being widely used today to grab consumer attention and for delivering maximum information in less time. These benefits of video decoders are expected to drive the growth of the video decoder market.

The video decoders are used to decompress the data encoded by the encoder. However, in the process of encoding, many multiple occurring data values are eliminated thus when the video is decompressed, a considerable amount of data bits are lost which in turn leads to poor data quality. This factor is expected to hinder the adoption of video decoders in the market.

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Video Decoder Market: Competitive Landscape

Examples of some of the key players operating in the video decoder market are Axis Communications AB, Matrox Graphics Inc., Honeywell Security Group, Cisco Systems, Inc., Bosch Security Systems, Pelco Corporation, Harmonic Inc., Vitec Group and Teleste Corporation.

Video Decoder Market: Regional Overview

On the basis of geography, the video decoder market can be segmented across North America, Latin America, Western Europe, Eastern Europe, China, SEA and other APAC, Japan, and Middle East & Africa. North America is expected to be the leading market for video decoders as the key players manufacturing video decoders such as Matrox Graphics Inc., Honeywell Security Group and Cisco Systems are based in North America. The Europe market for video decoders is also expected to grow due to the presence of other market vendors such as Axis Communications, and Bosch Security Systems, among others.

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