File Multiformat Transcoding Market Grew 72% in 2010

New devices and new formats will drive the number of profiles required to be generated by multiformat transcoders upward. While processor and product improvements will enable more from each transcoder, they will not be enough to keep up with the demand, requiring purchases of more capability. In-Stat ( research reports that the file multiformat transcoder market grew at 72% clip in 2010 due to the growth in multiscreen services from content providers and pay-TV service providers, and forecasts that worldwide revenue for both live and file multiformat transcoders will continue strong growth over the forecast period.

“Service providers and content providers are the main customers for these products,” says Michelle Abraham, Research Director. “While there are similarities in their product needs such as video quality, there are also differences in density and the need to keep packaging together with transcoding. And while the file transcoding market experienced the most growth in 2010, we expect multiformat transcoders for live streaming to show the most growth over the next five years.”

Recent In-Stat research found the following:

  • The multiscreen services are primarily being launched in the Americas and EMEA.

  • The expectations for TV Everywhere have brought new vendors to the market in 2011, Arris, Imagine Communications, and Thomson Video Networks.

  • Multiformat transcoder revenue will surpass $460 Million in 2015.

  • As service providers begin using multiformat transcoders in place of real-time broadcast encoders to process the signal to the TV, In-Stat expects to see even more profiles used.

This Market Alert is drawn from the In-Stat research,  Worldwide Multiformat Transcoders: Driven by Digital Media Delivery (#IN1104948MBI), which explores the drivers for market growth, what is most important to content and service provider customers, and the vendors that are serving the market. Five-year multiformat transcoder revenue forecasts are provided for live and file transcoders.

Vendor profiles include: AmberFin, Arris, ATEME, Cisco (inlet), Digital Rapids, Elemental, Envivio, Harmonic, Imagine Communications, Media Excel, RGB Networks, Telestream, Thomson Video Networks, and Viewcast

This research is part of In-Stat's Multiscreen Content Delivery service which provides comprehensive analysis of the transformational shifts in digital entertainment networks and business models, including Internet video, interactive advertising, CDNs, and interactive program guides.

Related In-Stat research:

Global Multiscreen Content Discovery Engines Connect Web-Enabled Devices

Media Giants Compete for Multiscreen Digital Content Dominance

MPEG ICs Grow with the Consumer Electronics Market

Worldwide Hard Disk Drive Market by Application

More Information on this Research

Sign up to receive email Market Alerts on this, and related topic