LONDON--(BUSINESS WIRE)--Small, medium and large companies are moving towards an all digital IP distribution platform for video and media management, which facilitates easier management and distribution of the video data and media files. This functionality and trend is driving the need for the conversion of video formats for efficient streaming and optimal rendering.
World Video Transcoders Market
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The main driver for the transcoder market is multiscreen functionality. Portable devices are increasingly Internet enabled through Wi-Fi or cellular adaptability, with video being able to be streamed through broadband or mobile media. Digital workflows are also becoming more prevalent with the increased penetration and adoption of high-definition (HD) formats and digital cameras.
Manufacturers of devices are imposing either a proprietary format or a limited number of user preferences to enable video sharing and streaming which is making work in a multi-vendor and multi-format workflow very challenging. This trend in imposing set video formats to enable improved sharing is positioning transcoding at the centre of video production and distribution.
The “World Video Transcoders Market” report analyses the video transcoder sector used to transform analog or digital video into a number of content packages for a variety of distribution scenarios. The report analyses three market segments: production transcoding; enterprise transcoding and multi-screen transcoding. The newly published report forecasts the video transcoder market over the period ranging from 2010 to 2017.
In addition to the professional transcoders market, the consumer market or transcoders has also seen strong growth following the uptake of affordable digital cameras, increased popularity of HD video, social media and increased file sharing between friends. The increased uptake of hand held devices with their different video formats and sharing functionality has also driven growth in the consumer-based transcoder market.
Report Details:
http://www.companiesandmarkets.com/Market-Report/world-video-transcoders-market-625988.asp?prk=7c4ed5b510c1ffe12b50d9829eddaba2