High Efficiency Video Coding
HEVC Market
High Efficiency Video Coding HEVC Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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High Efficiency Video Coding HEVC Market Size and Growth
The High Efficiency Video Coding (HEVC) market is expected to experience significant growth due to the increasing demand for high-quality video content across various industries. The market size is projected to reach USD 9.1 billion by 2025, driven by advancements in video compression technology and growing adoption of HEVC for streaming and broadcasting.
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Companies Covered (Covid 19 Impact Covered)
◍ Hikvision
◍ Cisco Systems
◍ Dahua
◍ Axis Communications
◍ Harmonic
◍ Bosch Security Systems
◍ Matrox
◍ VITEC
◍ Sumavision
◍ ATEME
The competitive landscape of the High Efficiency Video Coding (HEVC) market includes key players such as Hikvision, Cisco Systems, Dahua, Axis Communications, Harmonic, Bosch Security Systems, Matrox, VITEC, Sumavision, and ATEME. These companies utilize HEVC technology in their products to offer higher video compression efficiency, better video quality, and reduced bandwidth consumption, thereby helping to drive the growth of the HEVC market.
- Hikvision: Sales revenue of $8.4 billion
- Cisco Systems: Sales revenue of $49.4 billion
- Dahua: Sales revenue of $3.8 billion
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