Video Encoders Market Worth $3.3 Billion by 2027
A video encoder is a hardware device dedicated to the video encoding process. It is an ideal solution for upgrading an analog camera to an Internet protocol (IP) camera cost-effectively. The video encoders market is estimated to be USD 2.3 billion in 2022 and is projected to reach USD 3.3 billion by 2027; it is expected to grow at a CAGR of 7.6% from 2022 to 2027.
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