Press release
Lucintel Forecasts the Global Next Generation Video Codec Market $12.1 billion by 2031
Major players in the market are expanding their operations and forming strategic partnerships to strengthen their positions. Below highlights recent developments by major next-generation video codec producers in key regions: the USA, China, India, Japan,
According to a market report by Lucintel, the future of the global next generation video codec market looks promising with opportunities in the mobile phone, computer, and TV markets. The global next generation video codec market is expected to reach an estimated $12.1 billion by 2031 with a CAGR of 28.9% from 2025 to 2031. The major drivers for this market are the growing demand for better video experience, increasing mobile video consumption, and proliferation of video content across platforms.
A more than 150-page report to understand trends, opportunity and forecast in next generation video codec market to 2031 by video codecs type (AVC, AV1 ,HEVC, VP9, and VVC), application (mobile phone, computer, TV, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)..
Lucintel forecasts that HEVC segment will remain the largest segment over the forecast period due to cuts the necessary bitrate in half while maintaining similar image quality, but at the cost of more processing complexity.
Through this market, mobile phone is expected to witness the highest growth.
Download sample by clicking on next generation video codec market
APAC is expected to witness the highest growth over the forecast period due to the presence of manufacturing hub for the consumer electronics in this region.
Hikvision, VITEC, Harmonic, Motorola Solutions, CommScope, Axis Communications, Dahua Technology, HaiVision, Netflix, Amazon Prime are the major suppliers in the next generation video codec market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact: Roy Almaguer Lucintel Dallas, Texas, USA Email: roy.almaguer@lucintel.com Tel. +1-972-636-5056
Explore Our Latest Publications
Retail Ready Packaging Market [https://www.lucintel.com/retail-ready-packaging-market.aspx]
Reusable Corrugated Plastic Boxe Market [https://www.lucintel.com/reusable-corrugated-plastic-boxe-market.aspx]
Silica Flour Market [https://www.lucintel.com/silica-flour-market.aspx]
Precast Concrete Market [https://www.lucintel.com/precast-concrete-market.aspx]
Agriculture Urea Market [https://www.lucintel.com/agriculture-urea-market.aspx]
Media Contact
Company Name: Lucintel
Contact Person: Roy Almaguer
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=lucintel-forecasts-the-global-next-generation-video-codec-market-121-billion-by-2031]
Phone: 972.636.5056
Address:8951 Cypress Waters Blvd., Suite 160
City: Dallas
State: TEXAS
Country: United States
Website: https://www.lucintel.com/next-generation-video-codec-market.aspx
Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Lucintel Forecasts the Global Next Generation Video Codec Market $12.1 billion by 2031 here
News-ID: 4172213 • Views: …
More Releases from ABNewswire
Dry Age-related Macular Degeneration (Dry AMD) Market Insights and Forecast 2024 …
The potential therapies that can mark a significant change in the upcoming forecast period include AVD-104, Tinlarebant (LBS-008), Gildeuretinol (ALK-001), Elamipretide, ANX007, Danicopan (ALXN2040), IONIS-FB-LRx (RG6299), JNJ-1887, CPCB-RPE1, OpRegen, and others.
In 2023, in the 7MM the total market size of dry AMD was ~ USD 1,300 million.
Dry Age-related Macular Degeneration (Dry AMD) [https://www.delveinsight.com/sample-request/dry-age-macular-degeneration-market?utm_source=linkedin&utm_medium=promotion&utm_campaign=kpr] is a common eye disorder among people over 50. It is a chronic disease that causes deterioration…
Central Nervous System Lymphoma Market Dynamics Indicate Upward Trajectory Throu …
The Key Central Nervous System Lymphoma Companies in the market include - Kazia Therapeutics, Cellectar Biosciences, Ono Pharmaceutical, Nurix Therapeutics, SystImmune Inc., AstraZeneca, Roche Pharma, Janssen, LP, PIQUR Therapeutics AG, Incyte Corporation, Novartis, Celltrion, BeiGene, Bristol-Myers Squibb, Ono Pharma, Curis, Inc., TG Therapeutics, Turning Point Therapeutics, Inc., Merck Sharp & Dohme LLC, and others.
DelveInsight's "Central Nervous System Lymphoma Market Insights, Epidemiology, and Market Forecast-2034 report offers an in-depth understanding of…
Comprehensive Market Analysis of Dilated Cardiomyopathy: Trends, Epidemiology, a …
Pharmacological therapy includes the use of angiotensin-converting enzyme inhibitors or angiotensin II receptor blockers, beta-blockers, diuretics, aldosterone antagonists, anticoagulants, and other off-label therapies. These medications help dilate blood vessels, reduce blood pressure, & decrease the workload on the heart. Among the current therapies, the majority of the dilated cardiomyopathy market share was of renin-angiotensin system inhibitors, with USD 146.9 million in 2023, in the 7MM.
In 2023, the US had the…
Fresh Coat Painters of Bonney Lake Introduces Military-Grade Quality Standards f …
Fresh Coat Painters of Bonney Lake introduces military-grade quality standards to residential painting, offering comprehensive interior services, cabinet painting, and industry-leading warranties for Pierce County homeowners.
A veteran-owned painting company in Pierce County is changing how homeowners view contractor reliability. Fresh Coat Painters of Bonney Lake [http://index.businessinsurance.com/businessinsurance/article/abnewswire-2025-10-16-fresh-coat-painters-of-bonney-lake-introduces-advanced-cabinet-painting-techniques-for-modern-home-transformations] has implemented a systematic approach to residential painting that addresses common frustrations homeowners face when hiring contractors. The company, owned by retired U.S. Air…
More Releases for Lucintel
Lucintel Forecasts the Global Carbon Fiber Textile Market
Lucintel finds that the future of the global carbon fiber textile intermediate material market looks promising with opportunities in transportation, marine, wind energy, aerospace and defense, construction, consumer goods end use industries. The global carbon fiber textile market is expected to reach an estimated $3 billion by 2031 with a CAGR of 5% from 2024 to 2031
According to a market report by Lucintel, the future of the global carbon fiber…
Lucintel Forecasts Bicycle Market to Reach $62.0 billion
According to the recent study the bicycle market is projected to reach an estimated $62.0 billion by 2030 from $47.8 billion in 2023, at a CAGR of 4.0% from 2023 to 2030
According to the recent study the bicycle market [https://www.lucintel.com/bicycle-market-report.aspx] is projected to reach an estimated $62.0 billion by 2030 from $47.8 billion in 2023, at a CAGR of 4.0% from 2023 to 2030. Growth in this market is primarily…
Lucintel Forecasts BRIC Composites Market
According to the recent study the BRIC composites market is projected to reach an estimated $25.0 billion by 2030 from $18.4 billion in 2023, at a CAGR of 5.0% from 2023 to 2030
According to the recent study the BRIC composites market [https://www.lucintel.com/bric-composites-market.aspx] is projected to reach an estimated $25.0 billion by 2030 from $18.4 billion in 2023, at a CAGR of 5.0% from 2023 to 2030. Growth in this market…
Lucintel Forecasts FRP Pole Market to Reach $277.0 million
According to the recent study the FRP Pole Market is projected to reach an estimated $277.0 million by 2030 from $218.3 million in 2023, at a CAGR of 3.0% from 2023 to 2030. Growth in this market is primarily driven by the ongoing replacement of obsolete wooden poles and performance benefits of FRP poles like rot and corrosion resistance, minimal maintenance, and easy installation over wood, steel, and other poles.
According…
Lucintel Forecasts Acrylonitrile Market to Reach $13.0 billion by 2023
According to the recent study the acrylonitrile market is projected to reach an estimated $13.0 billion by 2023 from $10.6 billion in 2023, at a CAGR of 3.0% from 2023 to 2030. Growth in this market is primarily driven by increasing use of acrylonitrile in various parts of automotive and construction industry for its chemical and thermal properties, and the use of acrylonitrile in manufacturing acrylic fiber and acrylonitrile butadiene…
Lucintel Forecasts Recycled Carbon Fiber Market
According to the recent study the recycled carbon fiber market is projected to reach an estimated $103.0 million by 2030 from $59.20 million in 2023, at a CAGR of 8.0% from 2023 to 2030. Growth in this market is primarily driven by regulations for reuse & recyclability of materials and the cost advantage of recycled carbon fiber compared to virgin carbon fiber.
According to the recent study the recycled carbon fiber…
