Video transcoding is the process of converting a media file of one format to other; the conversion is either digital-to-digital or analog-to-analog. This is the standard procedure followed when the target device does not support the format or has limited storage capacity. Transcoding helps in converting the data into the suitable format as well reduces the file size. This is also used to convert incompatible data to a better-supported format and for fitting various HTML files or graphics files to the unique constraints of smartphones, tablets, and other web-enabled devices.
According to the report, the media and entertainment video transcoding market was on a decline until 2010. Due to the application of software in a market that was once considered hardware-centric, the market has picked up slightly and is now forecast to grow at a substantial rate. Many open-source video transcoding software are available along with commercially used software or freeware that are compatible with Windows, Linux and MAC OS X.
In 2018, the global Video Transcoding market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Video Transcoding status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Video Transcoding development in United States, Europe and China.
The key players covered in this study
Market segment by Type, the product can be split into
Market segment by Application, split into
Media and Entertainment
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Video Transcoding status, future forecast, growth opportunity, key market and key players.
To present the Video Transcoding development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Video Transcoding are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.