South America Video Capture Cards Market
South America is one of the promising markets for video capture cards. The region has a strong and flourishing media and entertainment industry. The middle-class population in the region is willing to spend on enjoying the content provided by the media and entertainment sector. The digital growth is attributed to the growing penetration of smartphones and internet in countries such as Brazil and Argentina. The continuous transformation in the South American media and entertainment industry is bolstering the demand for various hardware and software, such as video capture card that help in transferring the video content to laptop or PC. Also, increasing demand due to popularity of online video content across social media platforms is the major factor driving the growth of the SAM video capture cards market.
Brazil has the third highest number of COVID-19 cases in the South America, countries including Colombia, Ecuador, Chile, Peru, and Argentina, among others are also witnessing the adverse impacts of the pandemic across various industries. The covid-19 pandemic has led to the closure of all economic activities across the region, in order to combat the spread of the virus. More people are playing video games with school and workplace closures, job furloughs, and cancelled travel plans, and more are upgrading their gaming relationships from casual to dedicate. The number of hours spent in front of screens was rapidly increased by COVID-19 lockdowns and encouraged millions to pursue new digital activities. In Brazil, a third of customers subscribed to a video game service, used a cloud gaming service, or viewed esports or a virtual sporting event for the first time during the crisis. The country generally depends on large imports of gaming accessories to support the gaming industry. However, owing to the closure of international borders in order to combat the spread of the virus, the supply of the video capture cards was limited. Thus, the above-mentioned factors are expected to negatively impact the video capture cards market over the years owing to the outbreak of the pandemic.
Strategic insights for the South America 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$ 14.44 Million |
| Market Size by 2028 | US$ 21.80 Million |
| Global CAGR (2021 - 2028) | 6.1% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Platform
|
| Regions and Countries Covered | South and Central America
|
| Market leaders and key company profiles |
The geographic scope of the South America 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 SAM is expected to grow from US$ 14.44 million in 2021 to US$ 21.80 million by 2028; it is estimated to grow at a CAGR of 6.1% from 2021 to 2028. Increasing use of smartphone for video recording and recoding games are getting capable of competing with gaming console, which can be done either by bringing mobile games to TV or streaming the console games in smartphones. Also, using smartphone’s camera for recording videos in Instagram Reels, live streaming, and tik-tok videos is also boosting the adoption of video capture card, to make it easy for the user to transfer data efficiently to their PC and laptops. Further, gaming is becoming a prime focus for line phones, which is attracting attention of gamers. The video capture cards are easily being connected with different gaming consoles such as XBOX One, PS3, and PS4. It helps in recording some stunning graphics and impressive resolution of the gameplay. The market players are focusing on developing new high tier Snapdragon processors, which has a potential to give sufficient performance in audio, video, and graphics for console with quality games. Nevertheless, high-end games are likely to be on consoles, whereas majority of games are getting available for mobile phones. Therefore, the gaming video capture card manufacturers have an opportunity to develop advanced video capture cards, which are compatible for smartphones for recording video and playing games.
The market for SAM 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 SAM 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.; and Matrox; among others.
The South America Video Capture Cards Market is valued at US$ 14.44 Million in 2021, it is projected to reach US$ 21.80 Million by 2028.
As per our report South America Video Capture Cards Market, the market size is valued at US$ 14.44 Million in 2021, projecting it to reach US$ 21.80 Million by 2028. This translates to a CAGR of approximately 6.1% during the forecast period.
The South America 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 South America Video Capture Cards Market report:
The South America Video Capture Cards Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South America Video Capture Cards Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South America Video Capture Cards Market value chain can benefit from the information contained in a comprehensive market report.
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