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Based on research from IHS and Axis Communications, this infographic illustrates how video encoders are a cost-effective way to bring the benefits of a network video system to legacy CCTV systems.
With growth forecast at 10% by 2017, video encoding is an opportunity for the industry to take advantage of.
For more information about Axis video encoders visit their website
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Infographic: The Video Encoder market opportunityThis infographic from Axis Communications clearly illustrates how video encoders are a cost-effective way to bring the benefits of a network video system to legacy CCTV systems.
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Prashant
January 30, 2019 12:12 pm
The overall video encoder market is expected to be valued at USD 1.70 Billion in 2017 and is expected to reach USD 2.19 Billion by 2023, growing at a CAGR of 4.26 % between 2017 and 2023.
The key factors driving the growth of the market include ease of connecting analog cameras to the network, the use of cloud services to store a large amount of data, and the adoption of high-efficiency video coding (HEVC) standard for video encoding.
Read More @ https://www.marketsandmarkets.com/Market-Reports/video-encoder-market-109133493.html
The overall video encoder market is expected to be valued at USD 1.70 Billion in 2017 and is expected to reach USD 2.19 Billion by 2023, growing at a CAGR of 4.26 % between 2017 and 2023.
The key factors driving the growth of the market include ease of connecting analog cameras to the network, the use of cloud services to store a large amount of data, and the adoption of high-efficiency video coding (HEVC) standard for video encoding.
Read More @ https://www.marketsandmarkets.com/Market-Reports/video-encoder-market-109133493.html