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Video Capture Cards Market Growing at 5.6% CAGR to be Worth US$ 685.4 million by 2028: COVID-19 Impact and Global Analysis by The Insight Partners
According to our latest market study on “Video Capture Cards Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Platform, Type, Input Interface, and Geography,” the market is expected to grow from US$ 467.1 million in 2021 to US$ 685.4 million by 2028; it is estimated to grow at a CAGR of 5.6% from 2021 to 2028.The increasing use of smartphones for video recording and recording games is getting capable of competing with gaming consoles, which can be done either by bringing mobile games to TV or streaming the console games on smartphones. Also, using a smartphone’s camera for recording videos in Instagram Reels, live streaming, and TikTok videos is also boosting the adoption of video capture cards, to make it easy for the user to transfer data efficiently to PC and laptops.
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Further, gaming is becoming a prime focus for line phones, which is attracting the attention of gamers. The video capture cards can be easily connected with different gaming consoles such as XBOX One, PS3, and PS4. It helps in recording stunning graphics and an impressive resolution of the gameplay. The market players are focusing on developing new high-tier Snapdragon processors, which have the potential to give sufficient performance in audio, video, and graphics for a console with quality games. Nevertheless, high-end games are likely to be on consoles, whereas the majority of games are available for mobile phones. Therefore, the gaming video capture card manufacturers have an opportunity to develop advanced video capture cards, which are compatible with smartphones for recording video and playing games.
The video capture cards market is segmented based on platform, type, input interface, and geography. Based on the platform, the market is segmented into PC and laptops, gaming consoles, and others. In 2021, the gaming consoles segment accounted for the largest market share. In terms of type, the market is bifurcated into analog and digital. In 2021, the digital segment accounted for a larger share in the market. Based on the input interface, the market is segmented into HDMI, SDI, DP, and others. In 2021, the HDMI segment accounted for the largest share in the market. Geographically, the global video capture cards market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2021, the APAC segment accounted for a significant share in the global market.
Impact of COVID-19 Pandemic on Video Capture Cards Market
During 2019–2027, the growth outlook of video capture cards in all the major geographic regions is estimated to be quite positive. However, due to the ongoing COVID-19 outbreak, all the major countries in regions, such as Europe, APAC, and North America, have imposed strict restrictions on business activities and goods and people's movement. Due to the imposition of lockdown, the adoption of innovative entertainment means as video games have increased among personal users.
Thus, COVID-19 has positively impacted the growth of the gaming industry; however has also impacted the manufacturing & development cycle of video capture cards. It is expected that the market would stabilize by the end of 2022, and the video capture cards market would see positive growth.
The List of companies - Video Capture Card Market
ADLINK Technology Inc.; Advantech Co. Ltd.; Datapath Limited; EURESYS S.A.; IMPERX, Inc.; Matrox Video; SINTRONES TECHNOLOGY CORP.; Nanjing Magewell Electronics Co., Ltd.; YUAN High-Tech Development Co., Ltd.; and AverMedia Technologies, Inc. are among the major companies operating in the video capture cards market.
Competitive scenario:
The study assesses factors such as segmentation, description, and applications of Video Capture Cards industries. It derives accurate insights to give a holistic view of the dynamic features of the business, including shares, profit generation, thereby directing focus on the critical aspects of the business.
Research Methodology
The report has its roots definitely set in thorough strategies provided by proficient data analysts. The research methodology involves the collection of information by analysts only to have them studied and filtered thoroughly in an attempt to provide significant predictions about the market over the review period. The research process further includes interviews with leading market influencers, which makes the primary research relevant and practical. The secondary method gives a direct peek into the demand and supply connection.
The market methodologies adopted in the report offer precise data analysis and provides a tour of the entire market. Both primary and secondary approaches to data collection have been used. In addition to these, publicly available sources such as SEC filings, annual reports, and white papers have been used by data analysts for an insightful understanding of the market. The research methodology clearly reflects an intent to extract a comprehensive view of the market by having it analyzed against many parameters. The valued inputs enhance the report and offer an edge over the peers.
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The Insight Partners is a one stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Our research model is very simple. We believe in client servicing and delivering best quality to our customers. Through our research content, we are making sure that our customers get the value of their money along with better quality data and analysis.
Our research content is majorly focused on market trends in terms of market sizing, competitive landscaping, company analysis, regional or country analysis etc. We provide a detailed break-up of segmentation in terms of geography, technology, product and services etc.; which helps our clients to get deeper analysis on various research topics.
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