According to a market report by Lucintel, the future of the advanced video coding market in United States looks promising with opportunities in the video streaming, broadcasting, video conferencing, and surveillance applications. The advanced video coding market in United States is expected to reach an estimated $4.8 billion by 2031 with a CAGR of 4.3% from 2025 to 2031. The major drivers for this market are the significant demand for high-quality video content, the rising popularity of online video streaming, and the expanding 4K and 8K video markets.A more than 150-page report to understand trends, opportunity and forecast in advanced video coding market in United States to 2031 by type (h.264/mpeg-4 avc, h.265/hevc, vp9, av1, and others) and application (video streaming, broadcasting, video conferencing, surveillance, and others).
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Lucintel forecasts that, within the type category, H.264/MPEG-4 AVC is expected to witness the highest growth over the forecast period as it offers a good balance of compression efficiency and video-quality computer systems.
Within the application category, video streaming is expected to witness the highest growth over the forecast period due to the growing need for AVC to provide high-quality video compression and guarantee seamless streaming and playback on YouTube, Netflix, and Amazon Prime.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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