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 $23,505 million by 2035 with a CAGR of 27% from 2025 to 2035. The major drivers for this market are the growing demand for cloud-based video services, the increasing adoption of ai-based video processing solutions, and the rising demand for ultra-high-definition 4k & 8k content.
A more
than 150-page report to understand trends, opportunity and forecast in global next
generation video codec market to 2035 by 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, within the type category, avc is expected to witness the
highest growth over the forecast period.
Within the
application category, mobile is expected to witness the highest growth.
Download
sample by clicking on next
generation video codec market.
In terms
of region, APAC is expected to witness the highest growth over the forecast
period.
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
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