Pay-TV service providers and other commercial users are expected to purchase multi-format transcoding equipment for their planned or evolving TV Everywhere video delivery services, according to the latest market study by In-Stat.
Transcoder technology is vital to online video content delivery and mobile video distribution, contributing to the market that will grow to nearly $300 million by 2014.
In-Stat believes the market growth is likely to drive acquisitions among the competitive vendors.
"The transcoder market is mostly comprised of small vendors that were formed to serve a particular segment," says Michelle Abraham, Principal Analyst.
In-Stat expects that some small vendors will be acquired by larger companies in the next few years in order to round out a company’s product portfolio.
In-Stat's market study found the following:
- While North America will be the largest region for live transcoders in the future, EMEA and Asia will experience growth as well.
- Worldwide revenues from enterprise-class multi-format transcoders will grow to $297 million in 2014.
- Multi-format transcoders must adapt the content to accommodate multiple different codecs, network bandwidth characteristics, and device screen sizes and resolutions.
Transcoder technology is vital to online video content delivery and mobile video distribution, contributing to the market that will grow to nearly $300 million by 2014.
In-Stat believes the market growth is likely to drive acquisitions among the competitive vendors.
"The transcoder market is mostly comprised of small vendors that were formed to serve a particular segment," says Michelle Abraham, Principal Analyst.
In-Stat expects that some small vendors will be acquired by larger companies in the next few years in order to round out a company’s product portfolio.
In-Stat's market study found the following:
- While North America will be the largest region for live transcoders in the future, EMEA and Asia will experience growth as well.
- Worldwide revenues from enterprise-class multi-format transcoders will grow to $297 million in 2014.
- Multi-format transcoders must adapt the content to accommodate multiple different codecs, network bandwidth characteristics, and device screen sizes and resolutions.