Consumers are now viewing video entertainment at a variety of different locations -- each having unique connectivity and display characteristics. Moreover, various new consumer electronics devices -- and a growing list of video formats -- will increase the number of profiles required to be generated by multiformat transcoders. While processor and product improvements will enable more from each transcoder, they will not be enough to keep up with the demand, requiring purchases of more processing capability by streaming video service providers. According to the latest market study by In-Stat, the file multiformat transcoder market grew at a rate of 72 percent in 2010 -- due mostly to the growth in multiscreen services from online video content providers and traditional pay-TV service providers. In-Stat also forecasts that worldwide revenue for both live and file multiformat transcoders will continue strong growth over the forecast period. “Pay-TV service providers an...
TMT Market Research and Analysis