Next Gen Video Codecs Market Overview:

The goal of this Next Gen Video Codecs market research is to provide a market overview as well as detailed market segmentation based on connection type, end-use, and geography. The report contains critical information on the market positions of the major Next Gen Video Codecs companies, as well as important industry trends and prospects.

Software or hardware that compresses and decompresses digital video is referred to as a next-generation video codec. A device that only compresses is typically referred to as an encoder, and one that only decompresses is a decoder. In the context of video compression, codec is a portmanteau of encoder and decoder. While other systems are based on high-efficiency video coding, next-generation video codecs are primarily a hybrid, block-based standard of video coding (HEVC). While only the square block can be predicted by HEVC, next-generation video codecs can predict rectangular blocks with chroma prediction. The experience of sharing videos has improved as a result. The so-called "lossy compression" used by modern video codecs takes advantage of the features of the human visual system to achieve high compression rates, like 20:1.

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Next Gen Video Codecs Market Scope:

The factors influencing the growth of the Next Gen Video Codecs market, as well as the market's numerous users, are investigated. This market-ready investigative study examines all significant advancements that are currently in use across all industry sectors. Critical data analysis should be delivered using figures, graphics, and briefings.

The study investigates the Next Gen Video Codecs Market Trends, Drivers, Opportunities, and Challenges. The analysis aids in determining market growth drivers and the best ways to leverage these features. The analysis assists in identifying issues and solutions based on the market scenario.

Next Gen Video Codecs Market Segmentation:

In 2021, the HEVC segment will hold the largest market share in terms of video codec types. High Efficiency Video Coding, also known as H.265, is a sophisticated algorithm that shrinks and compresses your video. At the cost of greater computational complexity, it reduces bitrate requirements by 50% while maintaining comparable image quality. HEVC encoders can trade off computational complexity, compression rate, error robustness, and encoding delay time depending on the application requirements. Support for higher resolution video and an improved parallel processing method were two of the main areas where HEVC improved over H.264/MPEG-4 AVC. HEVC is targeted at next-generation HDTV displays and content capture systems which feature progressive scanned frame rates and display resolutions from QVGA (320×240) to 4320p (8192×4320), as well as improved picture quality in terms of noise level, color spaces, and dynamic range. These all factors lead to the growth of the HEVC segment of Global Next-Gen Video Codecs Market.

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Next Gen Video Codecs Industry Key Players:

VITEC
Harmonic
Motorola Solutions
CISCO
CommScope
Axis Communications
Dahua Technology
HaiVision
Netflix
Amazon Prime
YouTube
Flir Systems
Bosch Security Systems
Matrox
Netposa
Next Gen Video Codecs Market Regional Analysis:

After taking into account the political, economic, social, and technical factors affecting the Next Gen Video Codecs market in each of the five regions—North America, Europe, Asia Pacific, the Middle East and Africa, and South America—the study also provides a comprehensive PESTLE analysis for each of these regions.

COVID-19 Impact Analysis on Next Gen Video Codecs Market:

As a result of the COVID-19 epidemic, customer behaviour has changed in all areas of society. Industries, on the other hand, will need to revise their strategy to account for changing market supply. By providing an overview of the COVID-19's impact on the Next Gen Video Codecs market, this report will assist you in developing your business in accordance with the new industry standards.

Key Questions answered in the Next Gen Video Codecs Industry Report are:

Which product segment had the largest share in the Next Gen Video Codecs Industry in 2020?
How is the competitive landscape of the Next Gen Video Codecs industry?
Which are the key factors aiding the Next Gen Video Codecs industry growth?
Which region holds the maximum share in the Next Gen Video Codecs industry?
What will be the CAGR of the Next Gen Video Codecs industry during the forecast period (2021-2027)?
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