Asia Pacific Video Capture Cards Market
The video capture cards market in Asia Pacific has been analyzed based on historical, current, and future trends in countries across the region. The video capture cards market players in the region are experiencing significant demand, as the need for video capture cards is comparatively high across corporate sectors. Most of the countries in the region are economically developing, thus the investment toward advanced technologies is higher. This factor is facilitating the video capture cards market players to experience higher demand. Also, mobile phones as a gaming console is the major factor driving the growth of the APAC video capture cards market.
The APAC region is greatly affected by COVID-19, the country also homes the largest population across the world, thereby imposing greater risk of a large number of individuals; it is also a world leader of many global brands. According to the Organization for Economic Co-operation and Development (OECD), the pandemic has also affected other major economies outside China, such as the large India, Australia, and Japan, and is experiencing downward inflation. The sudden closedown of all economic activities across all countries in the region has highly impacted the entertainment industry thereby not allowing them to telecast new episodes. This has influenced the huge population of the developing countries like India and China to adopt OTT platforms for fresh entertainment and on-demand videos and online gaming for refreshments. For instance, during the first quarter, Asian gaming giants Nintendo and Tencent both saw increases in revenue. The former sold almost half of its games digitally, a record that helped raise profits by 41%, while Tencent's revenue from online games year-on-year rose by 31%. Even games published during the pandemic are doing well, both breaking sales records after releasing with titles as varied as Doom Eternal (a first-person shooter) and Animal Crossing (a world-building simulation). The gaming industry experienced a boom during the outbreak of the corona virus, thereby, increasing demand for video capture cards among the gamers. However, the sudden close down of all economic activities including manufacturing across major countries like China, India, Japan, and Australia amongst others have impacted negatively impacted he production and supply chain of the video capture cards market.
Strategic insights for the Asia Pacific Video Capture Cards provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 177.86 Million |
| Market Size by 2028 | US$ 297.61 Million |
| Global CAGR (2021 - 2028) | 7.6% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Platform
|
| Regions and Countries Covered | Asia-Pacific
|
| Market leaders and key company profiles |
The geographic scope of the Asia Pacific Video Capture Cards refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The video capture cards market in APAC is expected to grow from US$ 177.86 million in 2021 to US$ 297.61 million by 2028; it is estimated to grow at a CAGR of 7.6% from 2021 to 2028. A rise in popularity of various social media platforms and a subsequent transition of several advertisement and market spending converging on these platforms achieved unprecedented traction, particularly in the past few years. Additionally, the mounting trend of social media influencers and professional video bloggers along with noteworthy rise in number of online video content-based sellers are boosting the demand for creative video content. Thus, the enhanced quality video content has subsequently facilitated the penetration of video capture card and software application, which, in turn fueled the growth of the video capture card market. Moreover, several market players have launched numerous smartphone specific software application targeted for these fast-growing customer base with the procurement of video capture card. Hence, the rise in popularity of online video content-based customer base such as content sellers, advertisers, and influencers are expected to provide numerous lucrative growth opportunities for the market players in the coming years. However, the professional media production houses such as entertainment industries, gaming, media, and educational institutes continue to be one of the major end users of the video capture card. Additionally, the emergence of several regional cinema and online content for OTT platforms across various demographics in Asian countries is witnessing a demand for video capture card, which, in turn will drive the growth of the video capture card in emerging economies.
The market for APAC video capture cards market is segmented into platform, type, input interface, and country. Based on platform, the market is segmented into gaming consoles, PC and laptops, and others. The gaming consoles segment dominated the market in 2020 and others segment is expected to be the fastest growing during the forecast period. Based on type, the market is segmented into digital and analog. The digital segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period. Based on input interphase, the market is segmented into HDMI, DP, SDI, and others. The HDMI segment dominated the market in 2020 and others segment is expected to be the fastest growing during the forecast period.
A few major primary and secondary sources referred to for preparing this report on the video capture cards market in APAC are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are ADLINK Technology Inc.; Advantech Co. Ltd.; AverMedia Technologies, Inc.; Datapath Limited; EURESYS S.A.; IMPERX, Inc; Matrox; Nanjing Magewell Electronics Co., Ltd.; SINTRONES TECHNOLOGY CORP; YUAN High-Tech Development Co., Ltd. among others.
The Asia Pacific Video Capture Cards Market is valued at US$ 177.86 Million in 2021, it is projected to reach US$ 297.61 Million by 2028.
As per our report Asia Pacific Video Capture Cards Market, the market size is valued at US$ 177.86 Million in 2021, projecting it to reach US$ 297.61 Million by 2028. This translates to a CAGR of approximately 7.6% during the forecast period.
The Asia Pacific Video Capture Cards Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Video Capture Cards Market report:
The Asia Pacific Video Capture Cards Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Video Capture Cards Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Video Capture Cards Market value chain can benefit from the information contained in a comprehensive market report.
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