Top Companies in Pay TV Video Encoder Market | Leading Players of Industry Growth Analysis by Vantage Market Research

Encoders are hardware or software products that produce visual output in a single compressed format and are offered commercially.

Top Companies in Pay TV Video Encoder Market | Leading Players of Industry Growth Analysis by Vantage Market Research
pay tv video encoders market

Market Overview

The Global Pay TV Video Encoder Market is valued at USD 829.5 Million in the year 2021 and is projected to reach a value of USD 829.5 Million by the year 2028. The Global Market is expected to grow to exhibit a Compound Annual Growth Rate (CAGR) of 9.1% over the forecast period. The Pay TV Video Encoders have been estimated for potential growth in the future. For the past few years, it covers all applications of video encoders like video on demand, games, interactive advertisements, etc. related to pay-tv services. Now, these pay-tv encoders are becoming more multifaceted and extendible to support multi-screen ecosystems and not just traditional architectures.

The major restrains for these Pay TV Video Encoders market was the high cost of laying fiber. In addition, the increase in competition with other pay-tv services is also increasing the risk for the satellite video encoders segment.

The Pay TV Video Encoders also have joined the top OOT platforms like Netflix, prime, etc., to make their content available for all the viewers. Along with this, these Pay TV Video Encoders also upgrade their operators like, they are offering HD video channels, Video-on-demand packages, delivery services, and many other services to better compete.

List of top key players in the pay-TV video encoders market:

Company Name

Revenue in USD

  • Hikvision

$12 Billion

  • Harmonic

$507 Million

  • Motorola Solutions

$8 Billion

  • CISCO Systems, Inc.

$50 Billion

  • VITE

<$5 Million

  1. Hikvision

It is founded on 30th November 2001. Its headquarter is in Hangzhou, China. Hikvision is an IoT solution provider with video as its core competency. Hikvision now has more than 42,000 employees, over 20,000 of which are R&D engineers. The company annually invests over 10% of its annual sales revenue to research and development for continued product innovation.

  1. Harmonic

Harmonic Inc. is an American technology company that develops and markets video routing, server, and storage products for companies that produce, process, and distribute video content for television and the internet. It was founded in 1998. It operates in two segments: video and cable access. The video segment offers video processing and production and playout solutions and services to cable operators and satellite and telco Pay-Tv service providers and to broadcast and media companies, including streaming media companies. The cable access segment delivers cable access solutions and related services to cable operators.

  1. Motorola Solutions

Motorola Solutions serves more than 100,000 public safety and commercial customers in more than 100 countries. The wide-ranging product portfolio has the tools that need to get the job done in any business. The company is headquartered is in Chicago, Illinois.

  1. CISCO Systems, Inc.

Cisco (officially known as Cisco Systems, Inc.) is an American multinational technology conglomerate corporation headquartered in San Jose, California. Integral to the growth of Silicon Valley, Cisco develops, manufactures, and sells networking hardware, software, telecommunications equipment, and other high-technology services and products.

  1. VITE

VITE SOFTWARE LIMITED is in Port Louis, Mauritius, and is part of the Wired and Wireless Telecommunications Carriers Industry.

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