North America Video Capture Cards Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Platform (PC and Laptops, Gaming Consoles, and Others), Type (Analog and Digital), and Input Interface (HDMI, SDI, DP, and Others)
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The video capture cards market in North America is expected to grow from US$ 124.86 million in 2021 to US$ 145.86 million by 2028; it is estimated to grow at a CAGR of 2.2% from 2021 to 2028.
The US, Canada, and Mexico are economies in North America. 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.
Favorable government policies to boost innovation and reinforce infrastructure capabilities, North America have the highest acceptance and development rate of emerging technologies. Any impact on industries is therefore projected to have a negative influence on the region's economic development. Currently, due to the COVID-19 outbreak, the US is the world's worst affected country, thus affecting the sudden stands still across all the industries present in the region. (US 46%). For much of the U.S. population, with stay-at-home orders in place, people are searching for ways to pass the time. Many have switched to video games, which in March 2020 saw an unprecedented 75 percent increase in use, according to Verizon. Additionally, United States also recorded the highest rise in adoption of video games during the pandemic, with an estimated increase in gamers by 46% across the country. The games industry across the region has thus experienced great changes due to the pandemic. Companies are pushing towards free-to-play models, while in games played over the cloud, tech giants are making progress. This has influenced the rise in demand for video capture cards across the region. However, the demand for the same couldn’t be catered by the country due to the temporary shutdown of transportation facilities across the region.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the video capture cards market. The North America video capture cards market is expected to grow at a good CAGR during the forecast period.
North America Video Capture Cards Market Segmentation
North America Video Capture Cards Market – By Platform
- Gaming Consoles
- PC and Laptops
- Others
North America Video Capture Cards Market – By Type
- Digital
- Analog
North America Video Capture Cards Market – By Input Interface
- HDMI
- DP
- SDI
- Others
North America Video Capture Cards Market- By Country
- US
- Canada
- Mexico
North America Video Capture Cards Market-Companies Mentioned
- ADLINK Technology Inc.
- Advantech Co. Ltd.
- AverMedia Technologies, Inc.
- Datapath Limited
- EURESYS S.A.
- IMPERX, Inc
- Matrox
- SINTRONES TECHNOLOGY CORP
- YUAN High-Tech Development Co., Ltd.
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